United Tech's most recent trend suggests a bearish bias. One trading opportunity on United Tech is a Bear Call Spread using a strike $108.00 short call and a strike $113.00 long call offers a potential 11.61% return on risk over the next 17 calendar days. Maximum profit would be generated if the Bear Call Spread were to expire worthless, which would occur if the stock were below $108.00 by expiration. The full premium credit of $0.52 would be kept by the premium seller. The risk of $4.48 would be incurred if the stock rose above the $113.00 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 below 20 which suggests that the stock is in oversold 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
UTC Aerospace Systems celebrates delivery of 5,000th set of landing gear for Boeing 737
Wed, 30 Jul 2014 12:00:00 GMT
PR Newswire – CHARLOTTE, N.C., July 30, 2014 /PRNewswire/ — UTC Aerospace Systems' Landing Systems business marked a major milestone recently when it delivered its 5,000th set of landing gear for a Next-Generation 737 to Boeing. The gear components were delivered from their final integration site, the Landing Systems facility in Everett, Washington. UTC Aerospace Systems is a unit of United Technologies Corp. (UTX). The Everett facility supports the Boeing production line through provision of fully integrated gear, complete with wheels and brakes installed.
U.S. loosens rules for Lockheed F-35, allows faster flight, tighter curves
Tue, 29 Jul 2014 22:00:41 GMT
Reuters – U.S. authorities have loosened some flight restrictions on Lockheed Martin Corp's F-35 fighter jets, allowing pilots to fly faster and take tighter curves, as military officials investigate a massive engine failure that grounded the entire fleet of warplanes for over three weeks. The changes will allow F-35 test pilots and trainers to carry out additional maneuvers and flight tests, but it remains unclear how much of an impact the grounding and restrictions will have on the program's flight test schedule for the year. The F-35, the world's most expensive weapons project with a price tag of about $400 billion, was grounded for weeks after an engine failure and fire that damaged a U.S. Air Force F-35 plane as it prepared to take off from a Florida air base on June 23. The incident prevented the jets from making their international debut at two British air shows this month, and could compound software development challenges detailed in a report prepared before the grounding by the Pentagon's chief arms buyer.
Dow Today: Merck (MRK) Leads The Day Higher, United Technologies (UTX) Lags
Tue, 29 Jul 2014 20:30:00 GMT
The 20% market correction has already started
Tue, 29 Jul 2014 15:04:03 GMT
ORS-1 Satellite Enters Fourth Year on Orbit
Mon, 28 Jul 2014 13:00:00 GMT
PR Newswire – CHARLOTTE, N.C., July 28, 2014 /PRNewswire/ — The ORS-1 satellite is the first and only dedicated space-based intelligence, surveillance and reconnaissance (ISR) capability for USCENTCOM (U.S. Central …
Related Posts
Also on Market Tamer…
Follow Us on Facebook