Textron's most recent trend suggests a bullish bias. One trading opportunity on Textron is a Bull Put Spread using a strike $35.00 short put and a strike $30.00 long put offers a potential 8.93% return on risk over the next 31 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $35.00 by expiration. The full premium credit of $0.41 would be kept by the premium seller. The risk of $4.59 would be incurred if the stock dropped below the $30.00 long put strike price.
The 5-day moving average is moving up which suggests that the short-term momentum for Textron is bullish and the probability of a rise in share price is higher if the stock starts trending.
The 20-day moving average is moving up which suggests that the medium-term momentum for Textron is bullish.
The RSI indicator is at 55.03 level which suggests that the stock is neither overbought nor oversold at this time.
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LATEST NEWS for Textron
Guardian Flight orders upgrade package for six Hawker 400XPR business jets
Wed, 22 Oct 2014 18:53:22 GMT
noodls – ORLANDO, Fla., Oct. 22, 2014- Beechcraft Corporation, a subsidiary of Textron Aviation Inc.,a Textron Inc. (NYSE:TXT) company, announced today at the National Business Aviation Association (NBAA) Convention …
Bell Helicopter to Distribute Helitowcart BearPaws for Robinson and Airbus Models Through its Aeronautical Accessories Brand
Wed, 22 Oct 2014 17:39:27 GMT
noodls – Additions reflect the brand's expanding product line FORT WORTH, TX (October 22, 2014) – Bell Helicopter, a Textron Inc. company (NYSE: TXT), announced it is now a distributor of Helitowcart BearPaw products …
Textron Declares Quarterly Dividend
Wed, 22 Oct 2014 15:10:35 GMT
noodls – 10/22/2014 Download this Press Release () PROVIDENCE, R.I.–(BUSINESS WIRE)– The Board of Directors of Textron Inc. (NYSE:TXT) today declared a quarterly dividend of $0.02 per share on the company's Common …
Textron Declares Quarterly Dividend
Wed, 22 Oct 2014 14:52:00 GMT
Business Wire – The Board of Directors of Textron Inc. today declared a quarterly dividend of $0.02 per share on the company’s Common Stock.
Textron Systems Awarded $33.8 Million for the U.S. Navy’s Unmanned Influence Sweep System
Wed, 22 Oct 2014 13:55:59 GMT
noodls – 10/22/2014 Download this Press Release () CUSV™ Offers Proven, Multi-Mission Performance HUNT VALLEY, Md. – OCTOBER 22, 2014 – Textron Systems Unmanned Systems, a Textron Inc. (NYSE: TXT) business, announced …
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