SunTrust's most recent trend suggests a bearish bias. One trading opportunity on SunTrust is a Bear Call Spread using a strike $39.00 short call and a strike $44.00 long call offers a potential 8.23% 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 $39.00 by expiration. The full premium credit of $0.38 would be kept by the premium seller. The risk of $4.62 would be incurred if the stock rose above the $44.00 long call strike price.
The 5-day moving average is moving down which suggests that the short-term momentum for SunTrust 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 SunTrust is bearish.
The RSI indicator is at 29.04 level which suggests that the stock is neither overbought nor oversold at this time.
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LATEST NEWS for SunTrust
Moody's Downgrades Four and Affirms Ten Classes of CD 2006-CD2
Fri, 11 Apr 2014 18:16:55 GMT
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Wed, 09 Apr 2014 20:04:48 GMT
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SunTrust Acquires Lantana
Wed, 02 Apr 2014 21:49:17 GMT
April 01, 2014 SunTrust Robinson Humphrey Acquires Lantana Oil & Gas Partners
Tue, 01 Apr 2014 14:00:27 GMT
noodls – ATLANTA, April 1, 2014 /PRNewswire/ — SunTrust Robinson Humphrey (STRH) today announced that it has acquired Houston-based Lantana Oil & Gas Partners, a leading acquisition and divestiture (A&D) firm …
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