Southwestern's most recent trend suggests a bearish bias. One trading opportunity on Southwestern is a Bear Call Spread using a strike $32.00 short call and a strike $37.00 long call offers a potential 16.28% return on risk over the next 16 calendar days. Maximum profit would be generated if the Bear Call Spread were to expire worthless, which would occur if the stock were below $32.00 by expiration. The full premium credit of $0.70 would be kept by the premium seller. The risk of $4.30 would be incurred if the stock rose above the $37.00 long call strike price.
The 5-day moving average is moving down which suggests that the short-term momentum for Southwestern 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 Southwestern is bearish.
The RSI indicator is at 25.93 level which suggests that the stock is neither overbought nor oversold at this time.
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LATEST NEWS for Southwestern
Southwestern Energy to Buy WPX Energy Assets for $300M
Wed, 03 Dec 2014 19:50:02 GMT
Bearish play in Southwestern Energy
Wed, 03 Dec 2014 17:07:47 GMT
Southwestern Energy Expands Northeast Marcellus Acreage Position and Firm Transportation Portfolio
Tue, 02 Dec 2014 22:54:43 GMT
noodls – Microsoft Word – SWN – News Release 12-2-14.docx NEWS RELEASE SOUTHWESTERN ENERGY EXPANDS NORTHEAST MARCELLUS ACREAGE POSITION AND FIRM TRANSPORTATION PORTFOLIO Houston, Texas – December 2, 2014…Southwestern …
Southwestern Energy Expands Northeast Marcellus Acreage Position And Firm Transportation Portfolio
Tue, 02 Dec 2014 21:05:00 GMT
PR Newswire – HOUSTON, Dec. 2, 2014 /PRNewswire/ — Southwestern Energy Company (SWN), announced that it has signed an agreement to purchase oil and gas assets including approximately 46,700 net acres in northeast Pennsylvania from WPX Energy, Inc. (WPX) for approximately $300 million, subject to customary closing conditions. This acreage is currently producing approximately 50 million net cubic feet of gas per day from 63 operated horizontal wells. Also as part of this transaction, Southwestern will assume firm transportation capacity of 260 million cubic feet of gas per day predominantly on the Millennium pipeline effective upon closing. The transaction is conditional upon receiving a waiver from the Federal Energy Regulatory Commission regarding transfer of the firm transportation capacity and is currently expected to close in the first quarter of 2015. Southwestern intends to use its revolving credit facility to finance the acquisition. “We are very excited about the addition of this asset and firm transportation capacity to our portfolio,” commented Steve Mueller, President and Chief Executive Officer of Southwestern Energy.
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