United Tech's most recent trend suggests a bearish bias. One trading opportunity on United Tech is a Bear Call Spread using a strike $114.00 short call and a strike $119.00 long call offers a potential 16.01% return on risk over the next 10 calendar days. Maximum profit would be generated if the Bear Call Spread were to expire worthless, which would occur if the stock were below $114.00 by expiration. The full premium credit of $0.69 would be kept by the premium seller. The risk of $4.31 would be incurred if the stock rose above the $119.00 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 48.26 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
Introducing Cor: A Smart Thermostat from the Inventors of Modern Air Conditioning
Tue, 06 Jan 2015 15:02:00 GMT
PR Newswire – INDIANAPOLIS, Jan. 6, 2015 /PRNewswire/ — The smart thermostat fusing the convenience of smart device remote access with improved system efficiency has arrived with the new Cor™ thermostat from Carrier. Carrier, the world's leader in high-technology heating, ventilating and air-conditioning solutions, is a part of UTC Building & Industrial Systems, a unit of United Technologies Corp. (UTX). “The word Cor is Latin for heart, and we have designed the Cor thermostat to be the heart of a smarter home,” said Matthew Pine, Carrier marketing director.
Kidde RemoteLync to Provide 24/7 Smoke and Carbon Monoxide Alerts to Homeowners While They're Away
Tue, 06 Jan 2015 12:00:00 GMT
PR Newswire – Ideal for a primary residence, vacation home or rental property, the device plugs into a single outlet, listens for a smoke or carbon monoxide alarm, and uses the home's Wi-Fi to remotely alert the homeowner on iOS and Android compatible phones and tablets. Kidde is a part of UTC Building & Industrial Systems, a unit of United Technologies Corp. (UTX). It uses patented technology to distinguish smoke and carbon monoxide alarms from background noise to reduce the chance of a nuisance alarm. “Kidde is a leader in using innovation to address real issues regarding fire safety.
U.S. Navy Buys $81 Million Lithium-Iron Battery to Power Next-Gen Electromagnetic Railgun
Mon, 05 Jan 2015 16:28:00 GMT
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Fri, 02 Jan 2015 15:29:25 GMT
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Wed, 31 Dec 2014 11:48:19 GMT
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