United Tech's most recent trend suggests a bearish bias. One trading opportunity on United Tech is a Bear Call Spread using a strike $101.00 short call and a strike $106.00 long call offers a potential 17.1% return on risk over the next 8 calendar days. Maximum profit would be generated if the Bear Call Spread were to expire worthless, which would occur if the stock were below $101.00 by expiration. The full premium credit of $0.73 would be kept by the premium seller. The risk of $4.27 would be incurred if the stock rose above the $106.00 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 28.45 level which suggests that the stock is neither overbought nor oversold at this time.
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LATEST NEWS for United Tech
UPDATE: Tigress Financial Partners Initiates Coverage On United Technologies
Fri, 10 Oct 2014 16:29:48 GMT
Barnes & Noble, Guess?, Alcoa, Boeing and United Technologies highlighted as Zacks Bull and Bear of the Day
Thu, 09 Oct 2014 12:38:04 GMT
Ahead of the Bell: US Unemployment Benefits
Thu, 09 Oct 2014 10:34:40 GMT
Ahead of the Bell: US Unemployment Benefits
Thu, 09 Oct 2014 10:34:40 GMT
UTC Board of Directors Announces Quarterly Dividend
Wed, 08 Oct 2014 17:31:00 GMT
PR Newswire – HARTFORD, Conn., Oct. 8, 2014 /PRNewswire/ — United Technologies Corp.'s (UTX) Board of Directors today declared a dividend of 59 cents per common share payable Dec.10 to shareowners of record at the close of business Nov. 14. UTC has paid cash dividends on its common stock every year since 1936. United Technologies Corp. provides high technology products and services to the aerospace and building industries worldwide. This release includes statements related to anticipated earnings, cash flow and dividends that constitute “forward-looking statements” under the securities laws.
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