Seagate's most recent trend suggests a bearish bias. One trading opportunity on Seagate is a Bear Call Spread using a strike $50.00 short call and a strike $55.00 long call offers a potential 19.9% 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 $50.00 by expiration. The full premium credit of $0.83 would be kept by the premium seller. The risk of $4.17 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 Seagate 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 Seagate is bearish.
The RSI indicator is below 20 which suggests that the stock is in oversold territory.
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LATEST NEWS for Seagate
A Reason To Favor Western Digital Over Seagate
Thu, 06 Feb 2014 10:23:18 GMT
Seeking Alpha – When it comes to financials, Western Digital ( WDC ) and Seagate ( STX ) look pretty similar. In the last quarter WDC shipped 63.1 million HDDs at an ASP of $60 for revenue of $3.97 billion and operating …
Apple Mostly Just An Overvalued Hardware Stock; New Catalysts Needed
Wed, 05 Feb 2014 01:08:05 GMT
Seeking Alpha – Apple ( AAPL ) investors continue be overly bullish even though profit growth has decelerated meaningfully. We are amazed at the ongoing bullishness around AAPL shares, with Fan-boys everywhere continuing …
Seagate to Participate in the Stifel Technology, Internet & Media Conference
Tue, 04 Feb 2014 16:44:57 GMT
noodls – CUPERTINO, CA – Seagate Technology (NASDAQ: STX) to participate in the following investor conference: Event: Stifel Technology, Internet & Media Conference Date: Tuesday, February 11, 2014 Time: Presentation …
Why Apple's And Seagate's Stocks Are Long-Term Investment Opportunities Right Now
Tue, 04 Feb 2014 15:17:54 GMT
Seeking Alpha – After three years that the stock market showed nice gains in the month of January, the first month of this year disappointed many investors as the S&P 500 Index declined 3.56%, the Nasdaq Composite Index …
Seagate to Participate in the Stifel Technology, Internet & Media Conference
Mon, 03 Feb 2014 21:01:00 GMT
Business Wire – Seagate Technology to participate in the following investor conference:
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