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 13.51% return on risk over the next 36 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 $1.19 would be kept by the premium seller. The risk of $8.81 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 31.65 level which suggests that the stock is neither overbought nor oversold at this time.
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LATEST NEWS for Tesoro
San Francisco Spot Gasoline Climbs With Refinery Work Under Way
Fri, 17 Jan 2014 22:05:41 GMT
Bloomberg – Gasoline in San Francisco gained as maintenance at two Northern California refineries threatened to reduce supplies in the region.
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 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 3 Worst Stocks in the S&P 500
Thu, 16 Jan 2014 00:10:19 GMT
Motley Fool – Two oil refiners and one biotech company end as the biggest laggards in the stock market today
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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