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 15.21% return on risk over the next 16 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 $0.66 would be kept by the premium seller. The risk of $4.34 would be incurred if the stock dropped below the $102.00 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.
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LATEST NEWS for United Tech
United Technologies Wins Contract Worth $22M
Thu, 06 Nov 2014 22:22:56 GMT
United Technologies to present at Goldman Sachs Industrials Conference
Thu, 06 Nov 2014 22:00:00 GMT
PR Newswire – HARTFORD, Conn., Nov. 6, 2014 /PRNewswire/ — A webcast of United Technologies Corp. (NYSE: UTX) Senior Vice President and Chief Financial Officer Greg Hayes speaking at the Goldman Sachs Industrials Conference …
Rolls-Royce Pitches A380 Engine to Emirates to Displace GE-Pratt
Thu, 06 Nov 2014 16:36:54 GMT
UTC Aerospace Systems Supports Boeing CST-100 Vehicle
Thu, 06 Nov 2014 13:00:00 GMT
PR Newswire – CHARLOTTE, N.C., Nov. 6, 2014 /PRNewswire/ — UTC Aerospace Systems is supporting the development of Boeing's CST-100 Commercial Crew Transportation System, which won a $4.2B Commercial Crew Transportation …
Ahead of the Bell: US Unemployment Benefits
Thu, 06 Nov 2014 11:31:46 GMT
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