Red Hat's most recent trend suggests a bearish bias. One trading opportunity on Red Hat is a Bear Call Spread using a strike $57.50 short call and a strike $62.50 long call offers a potential 9.89% return on risk over the next 38 calendar days. Maximum profit would be generated if the Bear Call Spread were to expire worthless, which would occur if the stock were below $57.50 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 $62.50 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 45.68 level which suggests that the stock is neither overbought nor oversold at this time.
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LATEST NEWS for Red Hat
Nominations Open for Women in Open Source Awards
Wed, 15 Oct 2014 12:00:00 GMT
Business Wire – Red Hat, Inc. , the world's leading provider of open source solutions, today announced nominations are open for the first annual Women in Open Source Awards, which will
Sky News Streamlines Content Delivery with Red Hat Enterprise Virtualization and Red Hat Satellite
Wed, 15 Oct 2014 09:00:00 GMT
Business Wire – Red Hat, Inc. , the world's leading provider of open source solutions, today announced that Sky News, BSkyB’s 24-hour, multimedia news channel, has increased the scalabi
Customer Service Beyond Coupling: From Four Seasons' Hospitality To Mayo Clinic's Healthcare
Wed, 15 Oct 2014 03:56:00 GMT
Red Hat Enterprise Linux 6.6 Now Generally Available
Tue, 14 Oct 2014 13:30:00 GMT
Business Wire – Red Hat, Inc. , the world's leading provider of open source solutions, today announced the general availability of Red Hat Enterprise Linux 6.6, the latest version of the company’s Red Hat Enterprise Linux 6 platform.
Red Hat Picks AppDirect To Run Its Developer Marketplace
Mon, 13 Oct 2014 14:15:00 GMT
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