United Tech's most recent trend suggests a bullish bias. One trading opportunity on United Tech is a Bull Put Spread using a strike $104.00 short put and a strike $99.00 long put offers a potential 35.14% return on risk over the next 25 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $104.00 by expiration. The full premium credit of $1.30 would be kept by the premium seller. The risk of $3.70 would be incurred if the stock dropped below the $99.00 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 above 80 which suggests that the stock is in overbought territory.
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LATEST NEWS for United Tech
Management and Strategies Count Most
Mon, 25 Apr 2016 09:15:36 GMT
AT&T and Otis Collaborate on IoT Solutions
Mon, 25 Apr 2016 07:00:00 GMT
PR Newswire – HANNOVER, Germany, April 25, 2016 /PRNewswire/ — Today AT&T (NYSE:T) and Otis Elevator Company, a unit of United Technologies Corp. (UTX), announced they are collaborating on opportunities to enhance connectivity through the use of Internet of Things (IoT) products – services and technologies that employ digital technologies to better connect with customers and with elevator, escalator and moving walkway equipment. As part of this collaboration, AT&T* and Otis Elevator Company (Otis), a unit of UTC, are expanding their long-standing relationship to develop the connectivity to support advanced elevators while also providing mobility to more than 30,000 service employees at Otis companies worldwide. Otis companies around the world will use AT&T IoT technology to aggregate data from cell networks and connect to a new enhanced cloud environment.
United Technologies Lands a $1 Billion Engine Contract for the F-35
Sun, 24 Apr 2016 18:13:00 GMT
Boeing, Procter & Gamble Headline 5 Dow Components Set To Report Earnings
Sun, 24 Apr 2016 16:33:00 GMT
Otis Elevator and UTC Expand Relationship with Microsoft to Develop State-of-the-Art Digital Solutions
Sun, 24 Apr 2016 10:51:00 GMT
PR Newswire – HANNOVER, Germany, April 24, 2016 /PRNewswire/ — Otis Elevator Company and its parent company, United Technologies Corp. (UTX), are exploring opportunities with Microsoft Corp. for a strategic alliance to accelerate development of digital solutions for smart building equipment, such as elevators, to improve energy efficiency and make people more productive. The alliance has potential to use Microsoft technology to extend the benefits of connectivity and remote monitoring. Otis, the world's leading elevator manufacturer and service provider, has already expanded its relationship with Microsoft to develop state-of-the art connectivity and analytics solutions that will transform one of the world's largest and most sophisticated equipment service networks.
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