State Street's most recent trend suggests a bearish bias. One trading opportunity on State Street is a Bear Call Spread using a strike $67.50 short call and a strike $72.50 long call offers a potential 16.01% return on risk over the next 33 calendar days. Maximum profit would be generated if the Bear Call Spread were to expire worthless, which would occur if the stock were below $67.50 by expiration. The full premium credit of $0.69 would be kept by the premium seller. The risk of $4.31 would be incurred if the stock rose above the $72.50 long call strike price.
The 5-day moving average is moving down which suggests that the short-term momentum for State Street 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 State Street is bearish.
The RSI indicator is at 38.26 level which suggests that the stock is neither overbought nor oversold at this time.
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LATEST NEWS for State Street
Are Texas Banks Due for a Consolidation? A Wall Street Transcript Interview with Brad Milsaps, a Managing Director with Sandler O'Neill + Partners, L.P. Covering Small and Midcap Commercial Banks in Texas and the Midwest
Fri, 14 Mar 2014 14:10:00 GMT
Should State Street Worry About ETF Outflows?
Fri, 14 Mar 2014 12:39:00 GMT
State Street Leads Banks Down on ‘Tepid' Outlook
Thu, 13 Mar 2014 20:48:00 GMT
State Street Creates Teams Dedicated to Supporting New Alternative Fund Structures
Thu, 13 Mar 2014 17:12:13 GMT
noodls – New Report on Data and Analytics Outlines Drivers of Change and Solutions for Alternatives Managers BOSTON – State Street Corporation today announced the appointments of two senior executives to its Alternatives …
CORRECTING and REPLACING State Street Global Advisors Launches IJNK, New SPDR International Bond ETF Broadens Global High Yield Exposure for Investors
Thu, 13 Mar 2014 17:02:00 GMT
Business Wire – Third graph, first sentence of release should read: The SPDR Barclays International High Yield Bond ETF seeks to track the performance of the Barclays Global HY ex-US Domiciled 350
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