United Tech's most recent trend suggests a bullish bias. One trading opportunity on United Tech is a Bull Put Spread using a strike $107.00 short put and a strike $102.00 long put offers a potential 9.89% return on risk over the next 8 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $107.00 by expiration. The full premium credit of $0.45 would be kept by the premium seller. The risk of $4.55 would be incurred if the stock dropped below the $102.00 long put strike price.
The 5-day moving average is moving down which suggests that the short-term momentum for United Tech 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 United Tech is bearish.
The RSI indicator is below 20 which suggests that the stock is in oversold territory.
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LATEST NEWS for United Tech
UTC Aerospace Systems supports Wounded Warrior Project in honor of Veterans' Day
Mon, 11 Nov 2013 13:00:00 GMT
PR Newswire – CHARLOTTE, N.C., Nov. 11, 2013 /PRNewswire/ — UTC Aerospace Systems is proud to support the nation's veterans with several events, highlighted by the presentation of $100,000 to Wounded Warrior Project® (WWP) at its ISR (Intelligence Surveillance & Reconnaissance) facility in Hood River, Ore., on Veterans Day. This will be the fourth consecutive year that the ISR Systems business has supported Wounded Warrior Project, a nonprofit, nonpartisan organization whose mission is to honor and empower Wounded Warriors. Other events will include CrossFit™ fundraising challenges, events honoring veteran employees and other activities across all ISR Systems locations. UTC Aerospace Systems is a unit of United Technologies Corp. (UTX). Tom Bergeron, president ISR Systems said, “Providing the warfighter with the advanced tools and technology is just part of the commitment UTC Aerospace Systems makes to service personnel and their families. Our continued contributions to WWP are important to us as an organization, and to our employees.”
[$$] A Budget Deal for Defense?
Sat, 09 Nov 2013 05:01:00 GMT
Barrons.com – Defense stocks have been on a tear in spite of dire warnings from the industry, the military, and their congressional allies that the nearly $1 trillion in cuts over 10 years demanded by the 2011 Budget Control Act could hobble our military might. The iShares U.S. Aerospace & Defense exchange-traded fund (ITA) owns companies ranging from giants like United Technologies (UTX) and Boeing (BA) to tiny like Astronics (ATRO) and Engility Holdings (EGL). The Pentagon claims that, owing to budget constraints, it now can deploy just two brigades of combat-ready infantry in the event of a military crisis. There is pressure from some members of Congress on the Pentagon, for instance, to build an anti-missile battery on the East Coast.
Carrier Contribution Supports Industry Research at Purdue University's New Ray W. Herrick Laboratories
Fri, 08 Nov 2013 13:34:00 GMT
PR Newswire – INDIANAPOLIS, Nov. 8, 2013 /PRNewswire/ — In keeping with its commitment to innovation and environmental responsibility, Carrier is proud to be a part of Purdue University's newly expanded heating, ventilation, air conditioning (HVAC) and refrigeration research facilities at Ray W. Herrick Laboratories. The company's recent contribution of a custom air-handling system and five years of engineering expertise will support the university's research including that conducted in Herrick's new Willis Carrier Laboratory, which will be used to advance the energy efficiency of HVAC and refrigeration equipment. Carrier, the world's leader in high-technology heating, air-conditioning and refrigeration solutions, is a part of UTC Building & Industrial Systems, a unit of United Technologies Corp. (UTX). “As a company founded on innovation, we have a strong, natural desire to support the next generation of innovators,” said John Mandyck, chief sustainability officer, UTC Building & Industrial Systems.
United Technologies Research Center Wins R&D 100 Award for Breakthrough Energy Storage System
Thu, 07 Nov 2013 14:00:00 GMT
PR Newswire – EAST HARTFORD, Conn., Nov. 7, 2013 /PRNewswire/ — United Technologies Research Center (UTRC), the research and innovation arm of United Technologies Corp. (NYSE: UTX), today announced that UTRC's PureStorage …
Ahead of the Bell: US Unemployment Benefits
Thu, 07 Nov 2013 11:10:28 GMT
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