Philip Morris's most recent trend suggests a bearish bias. One trading opportunity on Philip Morris is a Bear Call Spread using a strike $100.00 short call and a strike $110.00 long call offers a potential 8.81% return on risk over the next 35 calendar days. Maximum profit would be generated if the Bear Call Spread were to expire worthless, which would occur if the stock were below $100.00 by expiration. The full premium credit of $0.81 would be kept by the premium seller. The risk of $9.19 would be incurred if the stock rose above the $110.00 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 49.71 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 International Welcomes Broad Interest for PMI IMPACT; New Global Initiative to Fight Smuggling and Related Crimes Receives over 200 Project Proposals in First Funding Round
Thu, 15 Sep 2016 15:28:07 GMT
noodls – LAUSANNE, Switzerland–(BUSINESS WIRE)–Sep. 15, 2016– Philip Morris International Inc. (PMI) (NYSE/Euronext Paris: PM) announced today that the response to PMI IMPACT, its new global funding initiative …
Philip Morris International Welcomes Broad Interest for PMI IMPACT; New Global Initiative to Fight Smuggling and Related Crimes Receives over 200 Project Proposals in First Funding Round
Thu, 15 Sep 2016 15:09:00 GMT
Business Wire – Philip Morris International Inc. announced today that the response to PMI IMPACT, its new global funding initiative for third party projects dedicated to fighting smuggling and related crimes, has exceeded expectations with more than 200 expressions of interest submitted in the first funding round.
Citigroup Gave Philip Morris International a ‘Neutral’ Rating
Thu, 15 Sep 2016 12:04:57 GMT
Philip Morris International Disappoints Dividend Investors
Wed, 14 Sep 2016 15:08:00 GMT
Philip Morris Raises Dividend Just 2%; More Buybacks Coming?
Wed, 14 Sep 2016 13:19:00 GMT
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