Textron's most recent trend suggests a bearish bias. One trading opportunity on Textron is a Bear Call Spread using a strike $37.00 short call and a strike $42.00 long call offers a potential 11.36% return on risk over the next 17 calendar days. Maximum profit would be generated if the Bear Call Spread were to expire worthless, which would occur if the stock were below $37.00 by expiration. The full premium credit of $0.51 would be kept by the premium seller. The risk of $4.49 would be incurred if the stock rose above the $42.00 long call strike price.
The 5-day moving average is moving down which suggests that the short-term momentum for Textron 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 Textron is bearish.
The RSI indicator is at 45.94 level which suggests that the stock is neither overbought nor oversold at this time.
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LATEST NEWS for Textron
TEXTRON INC Financials
Wed, 30 Jul 2014 17:04:14 GMT
Bell Helicopter Delivers First Bell 429 to the New York Police Department
Wed, 30 Jul 2014 16:07:11 GMT
noodls – FORT WORTH, TEXAS (July 30, 2014) – Bell Helicopter, a Textron Inc. company (NYSE: TXT), announced today the delivery of the first Bell 429 helicopter to the New York Police Department (NYPD.) The aircraft …
Textron Aviation debuts at EAA AirVenture Oshkosh
Mon, 28 Jul 2014 18:20:56 GMT
noodls – OSHKOSH, Wis., July 28, 2014 – Textron Aviation Inc., a Textron Inc. (NYSE:TXT) company, is making its EAA AirVenture Oshkosh debut with a display of its industry leading line of Beechcraft and Cessna …
Cessna product launch reinforces commitment to diesel fuel
Mon, 28 Jul 2014 18:20:53 GMT
noodls – OSHKOSH, Wis., July 28, 2014 – Cessna Aircraft Company, a subsidiary of Textron Aviation, Inc., a Textron Inc. (NYSE: TXT) company, today confirmed at EAA AirVenture Oshkosh its ongoing commitment to developing …
Beechcraft celebrates King Air milestones at EAA AirVenture Oshkosh
Mon, 28 Jul 2014 18:20:50 GMT
noodls – OSHKOSH, Wis., July 28, 2014- Beechcraft Corporation, a subsidiary of Textron Aviation Inc., a Textron Inc. (NYSE:TXT) company, celebrates two important King Air milestones this week at EAA AirVenture …
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