United Tech's most recent trend suggests a bullish bias. One trading opportunity on United Tech is a Bull Put Spread using a strike $108.00 short put and a strike $103.00 long put offers a potential 15.74% return on risk over the next 29 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $108.00 by expiration. The full premium credit of $0.68 would be kept by the premium seller. The risk of $4.32 would be incurred if the stock dropped below the $103.00 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 at 70.51 level which suggests that the stock is neither overbought nor oversold at this time.
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LATEST NEWS for United Tech
[$$] Honeywell and United Technologies Get Construction Boost
Mon, 25 Aug 2014 10:47:00 GMT
The F-35 Program Continues Its Struggles
Fri, 22 Aug 2014 19:58:59 GMT
United Technologies to License Machining Technology to CGTech
Thu, 21 Aug 2014 13:40:02 GMT
Aerospace Stocks Like Boeing and GE Beginning to Stabilize
Wed, 20 Aug 2014 19:26:30 GMT
What Now? The F-35 May Be Late For An Important Date
Wed, 20 Aug 2014 17:33:00 GMT
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