United Tech's most recent trend suggests a bearish bias. One trading opportunity on United Tech is a Bear Call Spread using a strike $120.00 short call and a strike $125.00 long call offers a potential 41.64% return on risk over the next 8 calendar days. Maximum profit would be generated if the Bear Call Spread were to expire worthless, which would occur if the stock were below $120.00 by expiration. The full premium credit of $1.47 would be kept by the premium seller. The risk of $3.53 would be incurred if the stock rose above the $125.00 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 29.39 level which suggests that the stock is neither overbought nor oversold at this time.
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LATEST NEWS for United Tech
JetSmart Signs V2500® Maintenance Service Agreement
Tue, 11 Dec 2018 19:23:00 +0000
EAST HARTFORD, Conn. , Dec. 11, 2018 /PRNewswire/ — JetSmart has signed an eight-year service agreement, with optional extension to 10 years, with IAE International Aero Engines AG to maintain its current …
General Electric’s Transportation Business Has Been Sluggish
Tue, 11 Dec 2018 15:30:28 +0000
Why Has General Electric Stock Struggled in 2018? General Electric’s (GE) Transportation segment manufactures trains, marine diesel engines, and mining equipment. A brief look at General Electrics’ historical financial results shows that the Transportation division’s revenues and operating profits have been falling for the last several years.
Pratt & Whitney Inks 12-Year EngineWise® Service Agreement with Philippine Airlines
Tue, 11 Dec 2018 14:00:00 +0000
EAST HARTFORD, Conn. , Dec. 11, 2018 /PRNewswire/ — Pratt & Whitney, a division of United Technologies Corp. (NYSE: UTX), today announced that Philippine Airlines signed a 12-year EngineWise Comprehensive …
Honeywell’s GoDirect Bags New Contract with Swissport
Tue, 11 Dec 2018 13:07:28 +0000
On December 10, 2018, Honeywell (HON) announced that it would deploy its GoDirect ground solution to Swissport International for five years. GoDirect ground services will be implemented across all of Swissport International’s global operations.
GE’s Lighting and Transportation Businesses Struggle
Tue, 11 Dec 2018 12:31:21 +0000
Apart from the power business, General Electric’s (GE) Transportation and Legacy segment’s lighting division has also struggled for years. Train budgetary cuts in several global economies and massive competition are hurting the transportation businesses’ revenues and margins. Intensified competition from local and regional players in every market is hurting the lighting division’s sales.
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