United Tech's most recent trend suggests a bullish bias. One trading opportunity on United Tech is a Bull Put Spread using a strike $115.00 short put and a strike $105.00 long put offers a potential 5.71% 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 $115.00 by expiration. The full premium credit of $0.54 would be kept by the premium seller. The risk of $9.46 would be incurred if the stock dropped below the $105.00 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 53.91 level which suggests that the stock is neither overbought nor oversold at this time.
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LATEST NEWS for United Tech
Lockheed says costly for Pentagon if it cancels MH-60 helicopters
Tue, 22 Apr 2014 23:56:22 GMT
Reuters – Lockheed Martin Corp warned on Tuesday that the U.S. Navy's plan to cancel an order for 29 MH-60 helicopters built by Lockheed and Sikorsky Aircraft would result in large termination fees because they are part of five-year agreements signed in 2012. Lockheed Chief Financial Officer Bruce Tanner told reporters that work had already begun on cockpits and other equipment for the helicopters, which were to be ordered in fiscal year 2016, and a better option might be to finish building the aircraft and then sell them to allies. “The cost to terminate partially built helicopters is pretty significant relative to the cost to actually finish those helicopters.” Tanner did not provide details on the size of the expected termination fee if the Navy proceeds with its plan to “break” its five-year contracts with both Lockheed, which integrates the radars, cockpit and other equipment on the helicopters, and Sikorsky, the United Technologies Corp unit which builds the aircraft.
3M Co. Earnings: Will Growth Soar This Quarter?
Tue, 22 Apr 2014 23:33:56 GMT
United Tech 1Q profit declines on restructuring
Tue, 22 Apr 2014 20:42:07 GMT
United Tech 1Q profit declines on restructuring
Tue, 22 Apr 2014 20:42:07 GMT
United Technologies' CEO Discusses Q1 2014 Results – Earnings Call Transcript
Tue, 22 Apr 2014 19:07:05 GMT
Seeking Alpha – United Technologies Corp. (UTX) Q1 2014 Results Earnings Conference Call April 22, 2014 9:00 AM ET Executives Greg Hayes – Senior Vice President and CFO Jay Malave – Director, Investor Relations Analysts …
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