Philip Morris's most recent trend suggests a bearish bias. One trading opportunity on Philip Morris is a Bear Call Spread using a strike $82.50 short call and a strike $87.50 long call offers a potential 5.26% return on risk over the next 23 calendar days. Maximum profit would be generated if the Bear Call Spread were to expire worthless, which would occur if the stock were below $82.50 by expiration. The full premium credit of $0.25 would be kept by the premium seller. The risk of $4.75 would be incurred if the stock rose above the $87.50 long call strike price.
The 5-day moving average is moving down which suggests that the short-term momentum for Philip Morris is bearish and the probability of a decline in share price is higher if the stock starts trending.
The 20-day moving average is moving down which suggests that the medium-term momentum for Philip Morris is bearish.
The RSI indicator is at 29.19 level which suggests that the stock is neither overbought nor oversold at this time.
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LATEST NEWS for Philip Morris
Philip Morris to Restructure Egyptian Biz
Thu, 30 Jan 2014 23:00:07 GMT
Zacks – Philip Morris has announced a restructuring plan for its Egyptian business as part of an initiative to expand in the profitable and growing North African and Middle Eastern markets.
Will Pfizer's Stop-Smoking Drug Hurt Big Tobacco?
Thu, 30 Jan 2014 20:46:17 GMT
Motley Fool – Pfizer's new stop-smoking drug has proven itself in tests, but should Altria, Reynolds American, and Philip Morris International be worried?
Squawking Henny Youngman, supermodels, and EMs
Thu, 30 Jan 2014 16:46:13 GMT
CNBC – Talking Squawk, the official “Squawk Box” blog, provides tidbits, insights and some sarcastic reflections on the WEEK THAT WAS and the WEEK TO COME.
On the Call: Altria Group CEO Marty Barrington
Thu, 30 Jan 2014 16:30:18 GMT
On the Call: Altria Group CEO Marty Barrington
Thu, 30 Jan 2014 16:30:18 GMT
AP – Altria Group Inc., the owner of the biggest U.S. cigarette maker, Philip Morris USA, continues to focus its efforts on building its premium Marlboro brand which has been under pressure from competitors …
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