Seagate's most recent trend suggests a bullish bias. One trading opportunity on Seagate is a Bull Put Spread using a strike $62.50 short put and a strike $57.50 long put offers a potential 9.41% return on risk over the next 30 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $62.50 by expiration. The full premium credit of $0.43 would be kept by the premium seller. The risk of $4.57 would be incurred if the stock dropped below the $57.50 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 66.11 level which suggests that the stock is neither overbought nor oversold at this time.
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LATEST NEWS for Seagate
Consumer Retail/Spending top the Lg Cap List…
Thu, 20 Nov 2014 23:03:13 GMT
Seagate Technology
Tue, 18 Nov 2014 23:43:00 GMT
Seagate Gets Price Target Raise, Signs Reseller Pact
Tue, 18 Nov 2014 18:07:00 GMT
Investor's Business Daily – Disk-drive maker Seagate Technology (STX) got a price target hike from RBC Capital Markets on Tuesday, and the company also announced a reseller agreement with high-performance computing specialist SGI …
Seagate Demonstrates Open Source Commitment
Tue, 18 Nov 2014 16:38:00 GMT
Business Wire – Seagate Technology plc , a world leader in storage solutions, today announced that as part of its continued commitment to open source communities, the contribution of an Apache Hadoop on Lustre® Connector.
Insider Trading Alert – STX, BWLD And LVLT Traded By Insiders
Tue, 18 Nov 2014 16:00:00 GMT
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