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 7.3% return on risk over the next 16 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 $0.34 would be kept by the premium seller. The risk of $4.66 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 36.48 level which suggests that the stock is neither overbought nor oversold at this time.
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LATEST NEWS for Textron
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
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 …
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