PACCAR's most recent trend suggests a bullish bias. One trading opportunity on PACCAR is a Bull Put Spread using a strike $65.00 short put and a strike $60.00 long put offers a potential 9.89% return on risk over the next 16 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $65.00 by expiration. The full premium credit of $0.45 would be kept by the premium seller. The risk of $4.55 would be incurred if the stock dropped below the $60.00 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 at 79.78 level which suggests that the stock is neither overbought nor oversold at this time.
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LATEST NEWS for PACCAR
PACCAR INC Financials
Thu, 06 Mar 2014 18:04:39 GMT
Navistar drops after results miss expectations
Wed, 05 Mar 2014 19:53:21 GMT
Cramer goes trucking
Tue, 04 Mar 2014 23:25:00 GMT
Ford debuts medium-duty trucks built without Cummins, Navistar
Tue, 04 Mar 2014 22:30:00 GMT
PACCAR INC Files SEC form 10-K, Annual Report
Thu, 27 Feb 2014 21:28:42 GMT
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