United Tech's most recent trend suggests a bullish bias. One trading opportunity on United Tech is a Bull Put Spread using a strike $110.00 short put and a strike $100.00 long put offers a potential 11.23% return on risk over the next 22 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $110.00 by expiration. The full premium credit of $1.01 would be kept by the premium seller. The risk of $8.99 would be incurred if the stock dropped below the $100.00 long put strike price.
The 5-day moving average is moving up which suggests that the short-term momentum for United Tech 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 United Tech is bullish.
The RSI indicator is at 67.47 level which suggests that the stock is neither overbought nor oversold at this time.
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LATEST NEWS for United Tech
Ahead of the Bell: US Unemployment Benefits
Wed, 27 Nov 2013 11:24:43 GMT
Ahead of the Bell: US Unemployment Benefits
Wed, 27 Nov 2013 11:24:43 GMT
AP – The Labor Department reports on the number of people who applied for U.S. unemployment benefits last week. The report will be released Wednesday at 8:30 a.m. EDT. SLIGHT INCREASE: Economists forecast that …
MTU Cuts Jobs to Boost Profitability Amid Growth in New Engines
Tue, 26 Nov 2013 13:09:23 GMT
Bloomberg – MTU Aero Engines Holding AG said it will eliminate jobs and cut costs to boost profitability as the German manufacturer predicted strong growth in sales of new engines next year.
Will Sikorsky Win $6.8B Air Force Deal?
Mon, 25 Nov 2013 23:30:02 GMT
Zacks – Sikorsky is likely to receive a $6.8 billion order from the U.S. Air Force under its combat rescue helicopter program.
CHC Orders More Sikorsky S-92 Helicopters
Mon, 25 Nov 2013 22:55:03 GMT
Zacks – CHC recently inked a multi-year contract with Sikorsky to extend its fleet of S-92 copters.
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