PACCAR's most recent trend suggests a bullish bias. One trading opportunity on PACCAR is a Bull Put Spread using a strike $62.50 short put and a strike $57.50 long put offers a potential 8.7% return on risk over the next 24 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $62.50 by expiration. The full premium credit of $0.40 would be kept by the premium seller. The risk of $4.60 would be incurred if the stock dropped below the $57.50 long put strike price.
The 5-day moving average is moving up which suggests that the short-term momentum for PACCAR is bullish and the probability of a rise in share price is higher if the stock starts trending.
The 20-day moving average is moving up which suggests that the medium-term momentum for PACCAR is bullish.
The RSI indicator is above 80 which suggests that the stock is in overbought territory.
To learn how to execute such a strategy while accounting for risk and reward in the context of smart portfolio management, and see how to trade live with a successful professional trader, view more here
LATEST NEWS for PACCAR
Cummins, Paccar, and Navistar: Why They Surged
Wed, 26 Feb 2014 20:07:56 GMT
Cummins-Peterbilt SuperTruck Achieves 10.7 MPG in Latest Test
Tue, 18 Feb 2014 22:28:22 GMT
noodls – COLUMBUS, IN — (Marketwired) — 02/18/14 — Cummins Inc.(NYSE: CMI) and Peterbilt Motors Co., a division of PACCAR(NASDAQ: PCAR) , announced today that the latest version of their SuperTruck demonstration …
Cummins Supports Government Efforts to Develop Next Phase of Greenhouse Gas Emission and Fuel Efficiency Standards for Medium- and Heavy-Duty Vehicles
Tue, 18 Feb 2014 18:00:00 GMT
Marketwired – Cummins Inc. today announced its support for the development of a second phase of greenhouse gas and fuel efficiency standards for medium- and heavy-duty commercial vehicles. “Cummins supports standards …
Your first trade for Tuesday
Fri, 14 Feb 2014 18:13:17 GMT
Watch Out for Softer Retail Sales and Industrial Production Data
Sun, 09 Feb 2014 22:13:00 GMT
Related Posts
Also on Market Tamer…
Follow Us on Facebook