United Tech's most recent trend suggests a bullish bias. One trading opportunity on United Tech is a Bull Put Spread using a strike $102.00 short put and a strike $97.00 long put offers a potential 19.9% 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 $102.00 by expiration. The full premium credit of $0.83 would be kept by the premium seller. The risk of $4.17 would be incurred if the stock dropped below the $97.00 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 48.7 level which suggests that the stock is neither overbought nor oversold at this time.
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LATEST NEWS for United Tech
Airlines shake off travel fears; gains on earnings
Fri, 24 Oct 2014 17:13:33 GMT
Pratt & Whitney touches three continents in a week of customer milestones
Fri, 24 Oct 2014 16:30:00 GMT
PR Newswire – EAST HARTFORD, Conn., Oct. 24, 2014 /PRNewswire/ — In what is likely a first in aviation history, Pratt & Whitney this week saw three new engines rolled out on three platforms on three continents. This significant accomplishment comes on the heels of the Pratt & Whitney PurePower® PW1100G-JM engine's successful first flight aboard the Airbus A320neo on Sept. 25. Pratt & Whitney is a division of United Technologies Corp. (UTX). On Oct. 14, Gulfstream launched its new family of G500 and G600 business jets, which will be powered exclusively by Pratt & Whitney Canada's PurePower PW800 engine.
UNITED TECHNOLOGIES CORP /DE/ Files SEC form 10-Q, Quarterly Report
Fri, 24 Oct 2014 10:56:19 GMT
Lockheed, Pentagon reach $4 billion deal for more F-35 jets
Thu, 23 Oct 2014 22:06:30 GMT
Mitsubishi Spreads Its Wings
Thu, 23 Oct 2014 21:35:47 GMT
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