Tesoro's most recent trend suggests a bearish bias. One trading opportunity on Tesoro is a Bear Call Spread using a strike $55.00 short call and a strike $65.00 long call offers a potential 12.36% return on risk over the next 31 calendar days. Maximum profit would be generated if the Bear Call Spread were to expire worthless, which would occur if the stock were below $55.00 by expiration. The full premium credit of $1.10 would be kept by the premium seller. The risk of $8.90 would be incurred if the stock rose above the $65.00 long call strike price.
The 5-day moving average is moving down which suggests that the short-term momentum for Tesoro 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 Tesoro is bearish.
The RSI indicator is at 23.66 level which suggests that the stock is neither overbought nor oversold at this time.
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LATEST NEWS for Tesoro
Tesoro Logistics LP Announces Quarterly Distribution
Wed, 22 Jan 2014 23:51:57 GMT
noodls – SAN ANTONIO – January 22, 2014 – Tesoro Logistics LP (NYSE:TLLP) today announced the declaration of its quarterly cash distribution for the fourth quarter 2013 of $0.565 per limited partnership unit, or …
Tesoro Corporation to Release Fourth Quarter Earnings
Fri, 17 Jan 2014 00:18:54 GMT
noodls – SAN ANTONIO – January 16, 2014 – Tesoro Corporation (NYSE:TSO) announced today that it plans to release its earnings for the fourth quarter 2013 after the market closes on Wednesday, February 5, 2014. …
Tesoro Logistics LP to Release Fourth Quarter Earnings
Thu, 16 Jan 2014 19:05:41 GMT
noodls – SAN ANTONIO – January 16, 2014 – Tesoro Logistics LP (NYSE:TLLP) announced today that it plans to release its earnings for the fourth quarter 2013 after the market closes on Thursday, February 6, 2014. …
Tesoro Corporation to Release Fourth Quarter Earnings
Thu, 16 Jan 2014 18:02:02 GMT
Thomson Reuters ONE – SAN ANTONIO – January 16, 2014 – Tesoro Corporation (NYSE:TSO) announced today that it plans to release its earnings for the fourth quarter 2013 after the market closes on Wednesday, February 5, 2014. …
Today's Roof Leaker Stock Is Tesoro Corporation (TSO)
Wed, 15 Jan 2014 18:10:00 GMT
TheStreet – Trade-Ideas LLC identified Tesoro Corporation (TSO) as a “roof leaker” (crossing below the 200-day simple moving average on higher than normal relative volume) candidate
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