United Tech's most recent trend suggests a bullish bias. One trading opportunity on United Tech is a Bull Put Spread using a strike $113.00 short put and a strike $108.00 long put offers a potential 20.77% return on risk over the next 9 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $113.00 by expiration. The full premium credit of $0.86 would be kept by the premium seller. The risk of $4.14 would be incurred if the stock dropped below the $108.00 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 67.08 level which suggests that the stock is neither overbought nor oversold at this time.
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LATEST NEWS for United Tech
United Technologies CEO Hunting for Major Acquisition
Fri, 12 Dec 2014 04:58:22 GMT
The Wall Street Journal – United Technologies Corp.’s new Chief Executive Greg Hayes is hunting for a major acquisition and is willing to consider changes to the company’s portfolio.
United Technologies May Consider Largest Deal Yet to Spur Sales
Fri, 12 Dec 2014 02:10:47 GMT
United Tech CEO says widebody engine unlikely anytime soon
Fri, 12 Dec 2014 00:58:44 GMT
Reuters – The chief executive officer of United Technologies Corp said on Thursday the company would not offer an engine for widebody planes anytime soon because of the difficult financial case for it. United Tech's …
United Technologies profit outlook below forecasts
Fri, 12 Dec 2014 00:02:42 GMT
United Technologies profit outlook below forecasts
Fri, 12 Dec 2014 00:02:42 GMT
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