United Tech's most recent trend suggests a bullish bias. One trading opportunity on United Tech is a Bull Put Spread using a strike $115.00 short put and a strike $105.00 long put offers a potential 8.7% 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 $115.00 by expiration. The full premium credit of $0.80 would be kept by the premium seller. The risk of $9.20 would be incurred if the stock dropped below the $105.00 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 above 80 which suggests that the stock is in overbought territory.
To learn how to execute such a strategy while accounting for risk and reward in the context of smart portfolio management, and see how to trade live with a successful professional trader, view more here
LATEST NEWS for United Tech
UNITED TECHNOLOGIES CORP /DE/ Files SEC form 8-K, Other Events, Financial Statements and Exhibits
Fri, 28 Feb 2014 22:10:53 GMT
United Technologies Calls for Redemption of Outstanding Goodrich 6.29 Percent Notes Due 2016
Fri, 28 Feb 2014 22:01:00 GMT
PR Newswire – HARTFORD, Conn., Feb. 28, 2014 /PRNewswire/ — United Technologies Corp. (UTX) today called for redemption of all outstanding Goodrich 6.29 Percent Notes due 2016 (the “2016” Notes). The redemption date for the 2016 Notes will be April 1, 2014. United Technologies Corp., based in Hartford, Connecticut, provides high technology products and services to the building and aerospace industries. From time to time, UTC may make statements that predict or forecast future events or results, depend on future events for their accuracy or otherwise contain “forward-looking information.” These statements are made based on management's expectations and beliefs concerning future events and are not guarantees of future performance. Actual results may differ materially due to various risks and uncertainties. Important factors that could cause actual results to differ materially from those anticipated or implied in forward looking statements are described in UTC's Form 10-K and 10-Q Reports under the headings “Business”, “Risk Factors”, “Management's Discussion and Analysis of Financial Condition and Results of Operations” and “Cautionary Note Concerning Factors that May Affect Future Results”, as well as the information included in UTC's Current Reports on Form 8-K.
Pratt & Whitney Canada and Milestone Aviation Group Sign US$ 75 Million, 15-Year Deal for New Helicopter Engine Fleet Management Program
Thu, 27 Feb 2014 20:00:00 GMT
Business Wire – Pratt & Whitney Canada , a United Technologies Corporation company , and Milestone Aviation Group, a global leader in helicopter leasing, today announced a
Ahead of the Bell: US Unemployment Benefits
Thu, 27 Feb 2014 11:07:10 GMT
Ahead of the Bell: US Unemployment Benefits
Thu, 27 Feb 2014 11:07:10 GMT
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