Rockwell Collins's most recent trend suggests a bullish bias. One trading opportunity on Rockwell Collins is a Bull Put Spread using a strike $125.00 short put and a strike $115.00 long put offers a potential 5.26% return on risk over the next 8 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $125.00 by expiration. The full premium credit of $0.50 would be kept by the premium seller. The risk of $9.50 would be incurred if the stock dropped below the $115.00 long put strike price.
The 5-day moving average is moving up which suggests that the short-term momentum for Rockwell Collins 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 up which suggests that the medium-term momentum for Rockwell Collins is bullish.
The RSI indicator is at 68.35 level which suggests that the stock is neither overbought nor oversold at this time.
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LATEST NEWS for Rockwell Collins
PRESS DIGEST – Wall Street Journal – Sept 6
Wed, 06 Sep 2017 04:18:17 +0000
The following are the top stories in the Wall Street Journal. Reuters has not verified these stories and does not vouch for their accuracy. – Boeing Co on Tuesday raised objections about United Technologies …
[$$] Boeing Balks at United Tech-Rockwell Deal
Wed, 06 Sep 2017 04:17:45 +0000
Boeing threatened to drop some of its contracts with United Technologies and Rockwell Collins, whose planned combination could undermine the aircraft maker’s efforts to cut costs and its nascent maintenance …
Boeing raises concern about $23 billion United Tech-Rockwell deal
Wed, 06 Sep 2017 03:04:14 +0000
Boeing Co said on Tuesday it would look closely at United Technologies Corp's $23 billion acquisition of Rockwell Collins Inc, breaking its month-long silence on a deal. “We intend to take a hard look at the proposed combination of United Technologies and Rockwell Collins,” Boeing said in a statement. Boeing said its interest, and that of its customers, employees, suppliers and shareholders, was to ensure the long-term health and competitiveness of the aerospace industry supply chain.
UTC touts $23 billion deal as stock drops, Boeing turns critic
Wed, 06 Sep 2017 03:04:14 +0000
Investors and Boeing Co gave two thumbs down on Tuesday to aerospace and industrial company United Technologies Corp $23 billion plan to buy avionics maker Rockwell Collins Inc. The acquisition, announced on Monday, would be the largest in aerospace history and create a new player in the top echelon of suppliers to Boeing, Airbus, Bombardier and other plane makers. The stock had fallen more than 4 percent before Boeing's statement, as analysts factored in United Tech's decision to halt share buybacks for three to four years and earnings dilution caused by the cash-and-stock deal.
United Tech, Rockwell deal faces bumpy road to approval, especially in the EU
Wed, 06 Sep 2017 02:11:54 +0000
PARIS/NEW YORK/WASHINGTON (Reuters) – U.S. aerospace and industrial company United Technologies Corp (UTX.N) faces a long road to win approval for its $23 billion plan to buy avionics maker Rockwell Collins Inc (COL.N), and the biggest bumps could be in Brussels rather than Washington. United Tech and Rockwell, who both supply airplane makers, say the overlap in their product lines is relatively small. An early sign of trouble came when U.S. plane maker Boeing Co (BA.N) said it intended to take a “hard look” at the proposed deal.
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