United Tech's most recent trend suggests a bearish bias. One trading opportunity on United Tech is a Bear Call Spread using a strike $105.00 short call and a strike $110.00 long call offers a potential 20.19% return on risk over the next 17 calendar days. Maximum profit would be generated if the Bear Call Spread were to expire worthless, which would occur if the stock were below $105.00 by expiration. The full premium credit of $0.84 would be kept by the premium seller. The risk of $4.16 would be incurred if the stock rose above the $110.00 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 26.49 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
Pratt & Whitney to Power Aircraft for Macquarie AirFinance
Mon, 29 Sep 2014 17:50:02 GMT
United Tech's Sikorsky Seen Near $1 Bil India Order
Fri, 26 Sep 2014 16:08:00 GMT
Sikorsky S-92® Helicopter Marks A Decade of Trusted Service and Performance
Fri, 26 Sep 2014 13:05:00 GMT
PR Newswire – STRATFORD, Conn., Sept. 26, 2014 /PRNewswire/ — Sikorsky Aircraft Corp. today announced that September marks the 10-year anniversary of delivery of the first production S-92® helicopter. Sikorsky Aircraft is a subsidiary of United Technologies Corp. (NYSE: UTX). “On behalf of Sikorsky, I would like to congratulate and thank all of our customers, suppliers and employees upon reaching this milestone,” said Carey Bond, President, Sikorsky Commercial Systems & Services. The first S-92 helicopter was delivered to PHI, Inc. in September 2004.
Macquarie AirFinance Selects Bombardier CSeries Aircraft Powered by Pratt & Whitney PurePower® Engines
Fri, 26 Sep 2014 13:00:00 GMT
PR Newswire – EAST HARTFORD, Conn., Sept. 26, 2014 /PRNewswire/ — Pratt & Whitney will provide exclusive power for up to 50 Bombardier CSeries aircraft ordered by Macquarie AirFinance (part of the global diversified …
UTC Employees Lead 2014 Green Apple Day of Service Events Around the World
Thu, 25 Sep 2014 19:09:00 GMT
PR Newswire – HARTFORD, Conn., Sept. 25, 2014 /PRNewswire/ — Employees from across United Technologies Corp . (NYSE: UTX) are working in their local communities to lead and volunteer in events designed to transform …
Related Posts
Also on Market Tamer…
Follow Us on Facebook