United Tech's most recent trend suggests a bullish bias. One trading opportunity on United Tech is a Bull Put Spread using a strike $94.50 short put and a strike $89.50 long put offers a potential 25.94% return on risk over the next 16 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $94.50 by expiration. The full premium credit of $1.03 would be kept by the premium seller. The risk of $3.97 would be incurred if the stock dropped below the $89.50 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 68.77 level which suggests that the stock is neither overbought nor oversold at this time.
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LATEST NEWS for United Tech
Honeywell Seeks to Assure Investors After Abandoning Merger
Wed, 02 Mar 2016 12:11:32 GMT
[$$] Honeywell Ends Chase for United Technologies
Wed, 02 Mar 2016 07:05:57 GMT
[$$] Aerojet Rocketdyne Eyes Pentagon Rocket-Engine Deal
Wed, 02 Mar 2016 05:41:19 GMT
[$$] Honeywell Abandons Its Pursuit of United Technologies
Wed, 02 Mar 2016 00:14:19 GMT
Business Highlights
Tue, 01 Mar 2016 23:17:34 GMT
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