United Tech's most recent trend suggests a bullish bias. One trading opportunity on United Tech is a Bull Put Spread using a strike $112.00 short put and a strike $107.00 long put offers a potential 17.92% return on risk over the next 10 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $112.00 by expiration. The full premium credit of $0.76 would be kept by the premium seller. The risk of $4.24 would be incurred if the stock dropped below the $107.00 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 66.24 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
UNITED TECHNOLOGIES CORP /DE/ Files SEC form 8-K, Change in Directors or Principal Officers, Financial Statements and
Wed, 10 Dec 2014 22:02:13 GMT
New United Tech CEO to take stage amid Wall St break-up talk
Wed, 10 Dec 2014 19:57:15 GMT
Reuters – UK Focus – The change atop United Technologies Corp has set off speculation the U.S. conglomerate may eventually shake up its diverse industrial businesses, including possibly divesting its Sikorsky helicopter unit. …
Cramer: McDonald's reminds me of Kesha & Pitbull
Wed, 10 Dec 2014 00:00:00 GMT
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Tue, 09 Dec 2014 23:52:34 GMT
Charges in theft of US military aircraft documents
Tue, 09 Dec 2014 22:33:33 GMT
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