Spectra Energy's most recent trend suggests a bullish bias. One trading opportunity on Spectra Energy is a Bull Put Spread using a strike $41.00 short put and a strike $36.00 long put offers a potential 6.38% return on risk over the next 37 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $41.00 by expiration. The full premium credit of $0.30 would be kept by the premium seller. The risk of $4.70 would be incurred if the stock dropped below the $36.00 long put strike price.
The 5-day moving average is moving up which suggests that the short-term momentum for Spectra Energy 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 Spectra Energy is bullish.
The RSI indicator is at 70.44 level which suggests that the stock is neither overbought nor oversold at this time.
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LATEST NEWS for Spectra Energy
What is Free Cash Flow, and How Can You Use It Effectively to Gauge Investments?
Tue, 13 Sep 2016 12:56:30 GMT
Enbridge’s Spectra Takeover Seen Spurring an MLP Consolidation
Mon, 12 Sep 2016 23:04:46 GMT
Just How “Messed Up” Is the MLP Structure?
Mon, 12 Sep 2016 20:20:09 GMT
Neutral on Spectra, But Upside Potential for Its MLP, SEP
Mon, 12 Sep 2016 15:27:00 GMT
Spectra Energy downgraded by UBS
Mon, 12 Sep 2016 14:20:43 GMT
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