Raytheon's most recent trend suggests a bearish bias. One trading opportunity on Raytheon is a Bear Call Spread using a strike $157.50 short call and a strike $162.50 long call offers a potential 26.58% return on risk over the next 16 calendar days. Maximum profit would be generated if the Bear Call Spread were to expire worthless, which would occur if the stock were below $157.50 by expiration. The full premium credit of $1.05 would be kept by the premium seller. The risk of $3.95 would be incurred if the stock rose above the $162.50 long call strike price.
The 5-day moving average is moving up which suggests that the short-term momentum for Raytheon 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 down which suggests that the medium-term momentum for Raytheon is bearish.
The RSI indicator is at 24.72 level which suggests that the stock is neither overbought nor oversold at this time.
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LATEST NEWS for Raytheon
'Hold Fast': Mattis Offers These Final Words Before Leaving Pentagon
Mon, 31 Dec 2018 21:02:04 +0000
At midnight, it will be a new year and the official end of James Mattis as secretary of defense, and he left a farewell message for his department.
Boeing, Lockheed Martin, Raytheon secure $245.3M in military work in Orlando
Mon, 31 Dec 2018 16:23:02 +0000
Gun mount, aircraft and maintenance device work will happen in Central Florida, thanks to three global defense firms getting more that $200 million worth of contracts. Lockheed Martin Corp. (NYSE: LMT), Raytheon Corp. (NYSE: RTN) and The Boeing Co. (NYSE: BA) each landed a contract for a combined total of $245.3 million. As the new year inches closer, more government contracts are being awarded to prepare for work in 2019.
How Wall Street Views Boeing at the End of 2018
Mon, 31 Dec 2018 14:00:16 +0000
Wall Street analysts have provided a consensus “buy” recommendation with a consensus ~1.92 rating for Boeing (BA) stock. About 75% of the analysts covering BA have provided bullish recommendations on the stock.
Raytheon Wins $17M Navy Deal to Support Standard Missile-2
Fri, 28 Dec 2018 22:23:10 +0000
Raytheon's (RTN) SM-2 system provides superior anti-air warfare and limited anti-surface warfare capabilities against advanced anti-ship missiles and aircraft.
Raytheon wins $434 million U.S. defense contract -Pentagon
Fri, 28 Dec 2018 22:12:54 +0000
Raytheon Co has been awarded a $434 million U.S. defense contract for production of missiles, the Pentagon said on Friday.
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