SunTrust's most recent trend suggests a bullish bias. One trading opportunity on SunTrust is a Bull Put Spread using a strike $42.00 short put and a strike $37.00 long put offers a potential 7.99% return on risk over the next 25 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $42.00 by expiration. The full premium credit of $0.37 would be kept by the premium seller. The risk of $4.63 would be incurred if the stock dropped below the $37.00 long put strike price.
The 5-day moving average is moving up which suggests that the short-term momentum for SunTrust 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 SunTrust is bullish.
The RSI indicator is at 69.83 level which suggests that the stock is neither overbought nor oversold at this time.
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LATEST NEWS for SunTrust
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Fri, 19 Dec 2014 21:35:59 GMT
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December 12, 2014 SunTrust to Announce Fourth Quarter 2014 Earnings Results Friday, January 16, 2015
Fri, 12 Dec 2014 23:03:39 GMT
noodls – ATLANTA, Dec. 12, 2014 /PRNewswire/ — SunTrust Banks, Inc. (NYSE: STI) announced today that it plans to release fourth quarter 2014 results prior to the market opening on Friday, January 16, 2015. SunTrust …
SunTrust to Announce Fourth Quarter 2014 Earnings Results Friday, January 16, 2015
Fri, 12 Dec 2014 22:47:00 GMT
PR Newswire – ATLANTA, Dec. 12, 2014 /PRNewswire/ — SunTrust Banks, Inc. (NYSE: STI) announced today that it plans to release fourth quarter 2014 results prior to the market opening on Friday, January 16, 2015. SunTrust …
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