Rowan Companies's most recent trend suggests a bearish bias. One trading opportunity on Rowan Companies is a Bear Call Spread using a strike $22.00 short call and a strike $27.00 long call offers a potential 5.26% return on risk over the next 15 calendar days. Maximum profit would be generated if the Bear Call Spread were to expire worthless, which would occur if the stock were below $22.00 by expiration. The full premium credit of $0.25 would be kept by the premium seller. The risk of $4.75 would be incurred if the stock rose above the $27.00 long call strike price.
The 5-day moving average is moving down which suggests that the short-term momentum for Rowan Companies 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 Rowan Companies is bearish.
The RSI indicator is at 26.09 level which suggests that the stock is neither overbought nor oversold at this time.
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LATEST NEWS for Rowan Companies
No, It's Not Time to Buy the Offshore Drillers
Wed, 03 Dec 2014 16:01:00 GMT
Where We See Opportunity in the Oil Price Slide
Wed, 03 Dec 2014 00:05:00 GMT
Rowan Provides Fleet Contract Status Update
Thu, 20 Nov 2014 22:00:00 GMT
PR Newswire – HOUSTON, Nov. 20, 2014 /PRNewswire/ — Rowan Companies plc (“Rowan” or the “Company”) (NYSE: RDC) announced today that its monthly report of drilling rig status and contract information …
Credits & Debits
Tue, 18 Nov 2014 05:41:27 GMT
The Wall Street Journal – The most recent CFO moves
ROWAN COMPANIES PLC Financials
Fri, 14 Nov 2014 18:04:51 GMT
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