Red Hat's most recent trend suggests a bearish bias. One trading opportunity on Red Hat is a Bear Call Spread using a strike $50.00 short call and a strike $55.00 long call offers a potential 9.89% return on risk over the next 18 calendar days. Maximum profit would be generated if the Bear Call Spread were to expire worthless, which would occur if the stock were below $50.00 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 rose above the $55.00 long call strike price.
The 5-day moving average is moving down which suggests that the short-term momentum for Red Hat 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 Red Hat is bearish.
The RSI indicator is at 42.24 level which suggests that the stock is neither overbought nor oversold at this time.
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LATEST NEWS for Red Hat
Red Hat Continues to Drive Open Security Standards; OpenSCAP Receives NIST Certification
Tue, 29 Apr 2014 13:00:00 GMT
Business Wire – Red Hat Inc. , the world’s leading provider of open source solutions, today announced that OpenSCAP 1.0.8 has been certified by the National Institute of Standards and Technology’s Security Content Automation Protocol 1.2 in the Authenticated Configuration Scanner category with the Common Vulnerabilities and Exposure option.
Gemalto enhances secure remote access for Red Hat employees
Mon, 28 Apr 2014 05:08:00 GMT
ACN Newswire – Amsterdam, Apr 28, 2014 – (ACN Newswire) – Gemalto (Euronext NL0000400653 GTO), the world leader in digital security, has been selected by Red Hat to implement digital security tokens that enable secure …
RED HAT INC Files SEC form 10-K, Annual Report
Thu, 24 Apr 2014 20:20:14 GMT
Insider Trading Alert – MAT, FITB And RHT Traded By Insiders
Thu, 24 Apr 2014 15:00:00 GMT
Red Hat Announces Dates for Red Hat Summit 2015 in Boston
Thu, 17 Apr 2014 15:00:00 GMT
Business Wire – Red Hat, Inc. , the world’s leading provider of open source solutions, today announced that its eleventh annual Red Hat Summit will take place at the Hynes Convention Center in Boston, June 23-26, 2015.
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