Seagate's most recent trend suggests a bullish bias. One trading opportunity on Seagate is a Bull Put Spread using a strike $55.00 short put and a strike $50.00 long put offers a potential 14.16% return on risk over the next 19 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $55.00 by expiration. The full premium credit of $0.62 would be kept by the premium seller. The risk of $4.38 would be incurred if the stock dropped below the $50.00 long put strike price.
The 5-day moving average is moving up which suggests that the short-term momentum for Seagate 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 Seagate is bullish.
The RSI indicator is at 77.3 level which suggests that the stock is neither overbought nor oversold at this time.
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LATEST NEWS for Seagate
Halftime Pops & Drops
Mon, 30 Dec 2013 17:39:00 GMT
CNBC – Insight on stocks making the biggest moves in the market today, with the Fast Money traders.
Seagate Triples: Risk/Reward Charts Uncover Who's Next
Sun, 29 Dec 2013 11:36:24 GMT
Seeking Alpha – Since 1996, I have tripled my money every three years or so, on average. In 2009, I started sharing my Wall Street expertise with Main Street investors. That led to the creation of my popular “Poised …
Seagate: Pay Attention to Stock Buyback Signals
Fri, 27 Dec 2013 01:32:19 GMT
Motley Fool – Over the last couple of years, Seagate has made incredible signals to investors regarding the value of its stock.
Seagate to Buy Xyratex
Tue, 24 Dec 2013 18:20:02 GMT
Zacks – In a bid to strengthen its storage business, Seagate Technology is set to acquire Xyratex, a data storage technology provider for $374 million.
Seagate Seen Moving Up ‘Storage Stack” With Xyratex
Tue, 24 Dec 2013 17:07:00 GMT
Investor's Business Daily – Seagate Seen Moving Up ‘Storage Stack” With Xyratex
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