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 12.36% return on risk over the next 24 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 $0.55 would be kept by the premium seller. The risk of $4.45 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 at 23.88 level which suggests that the stock is neither overbought nor oversold at this time.
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
S. Korea to sign deal this month to buy 40 F-35 jets for $7 bln -sources
Wed, 24 Sep 2014 21:09:02 GMT
S. Korea To Build Jet With F-35, Tech Transfer Deal
Wed, 24 Sep 2014 17:08:00 GMT
U.S. Architecture Billings Index falls in August
Wed, 24 Sep 2014 04:00:01 GMT
Reuters – The ABI stood at 53.0 in August, down from 55.8 in July, the American Institute of Architects said on Wednesday. The new projects inquiry index fell to 62.6 in August from 66.2 the previous month.
UTC Aerospace Systems inaugurates new building dedicated to the thrust reverser assembly for the Airbus A350 XWB nacelle systems in Toulouse, France
Tue, 23 Sep 2014 19:00:00 GMT
PR Newswire – CHARLOTTE, N.C., Sept. 23, 2014 /PRNewswire/ — UTC Aerospace Systems' Aerostructures business formally inaugurated a new building dedicated exclusively to production of thrust reversers and the integration of nacelle systems for the Airbus A350 XWB at its Toulouse, France site. The opening of the building, operated by Goodrich Aerospace Europe S.A.S., features an innovative robotic thrust reverser assembly line. The facility was dedicated during an event attended by company leaders, Airbus executives, program teams and local employees. UTC Aerospace Systems is a unit of United Technologies Corporation (UTX).
Lockheed F-22 Now Key In Syria After Obama Cuts
Tue, 23 Sep 2014 17:44:00 GMT
Related Posts
Also on Market Tamer…
Follow Us on Facebook