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 7.07% return on risk over the next 15 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 $0.33 would be kept by the premium seller. The risk of $4.67 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 26.95 level which suggests that the stock is neither overbought nor oversold at this time.
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LATEST NEWS for Textron
Bell Helicopter Receives FAA Supplemental Type Certificate Approval for Bell 407GX Products
Fri, 01 Aug 2014 16:52:11 GMT
noodls – FORT WORTH, TX (August 1, 2014) – Bell Helicopter, a Textron Inc. company (NYSE: TXT), announced it has received FAA supplemental type certification (STC) approval for its Bell 407GX expanded instrument …
Cessna to deliver four Skyhawks to University of Dubuque
Fri, 01 Aug 2014 10:34:41 GMT
noodls – OSHKOSH, Wis., July 31, 2014 – Cessna Aircraft Company, a subsidiary of Textron Aviation Inc, a Textron Inc. (NYSE:TXT) company, announced today at EAA AirVenture Oshkosh 2014 an order for four 172S Skyhawks …
Bell Helicopter Showcases the Bell 429 WLG’s Capabilities through a Five Month Customer Demo Tour in Latin America
Thu, 31 Jul 2014 21:29:22 GMT
noodls – 07/31/2014 FORT WORTH, TEXAS (July 31, 2014) – Bell Helicopter, a Textron Inc. company (NYSE: TXT), showcased the versatility and superior performance of the Bell 429 WLG, the aircraft's wheeled landing …
Bell Helicopter Introduces the First Two Bell 429s to Poland
Thu, 31 Jul 2014 16:11:22 GMT
noodls – New Aircraft to be Configured for Corporate Missions Fort Worth, TX (July 31, 2014) – Bell Helicopter, a Textron Inc. company (NYSE: TXT), has announced signed purchase agreements with two private customers …
TEXTRON INC Financials
Wed, 30 Jul 2014 17:04:14 GMT
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