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 7.53% return on risk over the next 8 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 $0.35 would be kept by the premium seller. The risk of $4.65 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 at 22.49 level which suggests that the stock is neither overbought nor oversold at this time.
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
'We got 1,000 applications in less than 24 hours': How Peterbilt finds employees that meet its standard
Tue, 08 May 2018 11:21:50 +0000
Trucking has arguably never been hotter, and manufacturers like Peterbilt are reaping the rewards. This year, the plant is on pace to produce a record number of trucks in the Denton facility, according to plant manager Chris Davis.
Take a look inside the Peterbilt plant in Denton, where it makes more than 150 trucks a day
Tue, 08 May 2018 11:20:15 +0000
When the Peterbilt truck plant opened in 1980 in Denton, it was originally built to produce 12 trucks a day. Today, it's making a lot more than that.
Market Trends Toward New Normal in Viacom, Nutanix, ANI Pharmaceuticals, PACCAR, Cabot Oil & Gas, and Box — Emerging Consolidated Expectations, Analyst Ratings
Mon, 07 May 2018 11:55:00 +0000
NEW YORK, May 07, 2018– In new independent research reports released early this morning, Fundamental Markets released its latest key findings for all current investors, traders, and shareholders of Viacom …
Why More Companies Might Issue ‘Special Dividends' Soon
Sat, 05 May 2018 16:00:00 +0000
have over the years declared so-called “special dividends” — one- time extra payments to shareholders. With the new U.S. tax law granting corporations a limited window to repatriate overseas profits at low tax rates, many companies might use the extra cash for special dividends. Let's discuss how this impacts income investors.
5 Stock Picks That Would Attract Warren Buffett
Fri, 04 May 2018 10:00:00 +0000
This is part 2 of our look at a Credit Suisse analysis of stocks that may be on Buffett's list.
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