United Tech's most recent trend suggests a bearish bias. One trading opportunity on United Tech is a Bear Call Spread using a strike $116.00 short call and a strike $121.00 long call offers a potential 10.86% return on risk over the next 9 calendar days. Maximum profit would be generated if the Bear Call Spread were to expire worthless, which would occur if the stock were below $116.00 by expiration. The full premium credit of $0.49 would be kept by the premium seller. The risk of $4.51 would be incurred if the stock rose above the $121.00 long call 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 at 49.97 level which suggests that the stock is neither overbought nor oversold at this time.
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LATEST NEWS for United Tech
4:25 pm United Tech Sikorsky Aircraft successfully completed initial series of tests required by Naval Air Systems Command to verify structural strength of the CH-53K heavy lift helicopter
Fri, 11 Apr 2014 20:25:00 GMT
Sikorsky Tests CH-53K Helicopter for Airframe Structural Strength
Thu, 10 Apr 2014 20:18:00 GMT
PR Newswire – STRATFORD, Conn., April 10, 2014 /PRNewswire/ — Sikorsky Aircraft Corp., a subsidiary of United Technologies Corp. (UTX), has successfully completed an initial series of tests required by the Naval Air Systems Command to verify the structural strength of the CH-53K heavy lift helicopter. Conducted on a full-size non-flying airframe called the Static Test Article, the tests are part of a three-year program to validate that the largest helicopter ever designed and built by Sikorsky has the structural integrity to operate safely over its entire flight envelope — from its empty gross weight of 44,000 pounds up to its maximum gross weight of 88,000 pounds with external load. “The Static Test Article will enable Sikorsky to replicate the many stresses, strains and aerodynamic forces the CH-53K helicopter will experience during all aspects of flight, whether the aircraft is empty, filled with cargo, or carrying up to 36,000 pounds of gear suspended beneath the aircraft by an external sling,” said Mike Torok Sikorsky's CH-53K Program Vice President.
Cathay Pacific Airways Awards IAE 10-Year V-Services(SM) FHA
Thu, 10 Apr 2014 14:00:00 GMT
PR Newswire – PHOENIX, April 10, 2014 /PRNewswire/ — IAE International Aero Engines AG announced today that it has signed an exclusive, 10-year V-Services Fleet Hour Agreement (FHA) with Cathay Pacific Airways to manage …
Avianca Receives Pure-V™ Engine Designation
Thu, 10 Apr 2014 14:00:00 GMT
PR Newswire – PHOENIX, April 10, 2014 /PRNewswire/ — IAE International Aero Engines AG has awarded Avianca the Pure-V designation for its V2500® engines. Avianca (as a result of its merger with Taca El Salvador) currently …
Volaris Receives Pure-V™ Engine Designation
Thu, 10 Apr 2014 14:00:00 GMT
PR Newswire – PHOENIX, April 10, 2014 /PRNewswire/ — IAE International Aero Engines AG has awarded Volaris, a low-cost airline based in Mexico, the Pure-V designation for V2500® engines currently powering its 46 A320ceo …
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