United Tech's most recent trend suggests a bullish bias. One trading opportunity on United Tech is a Bull Put Spread using a strike $134.00 short put and a strike $129.00 long put offers a potential 56.74% return on risk over the next 15 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $134.00 by expiration. The full premium credit of $1.81 would be kept by the premium seller. The risk of $3.19 would be incurred if the stock dropped below the $129.00 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 74.64 level which suggests that the stock is neither overbought nor oversold at this time.
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LATEST NEWS for United Tech
Here's Why We're Bullish on United Technologies
Tue, 31 Jul 2018 18:46:00 +0000
In this updated daily bar chart of UTX, below, we can see that prices are poised to retest the January/February highs. The daily On-Balance-Volume (OBV) line has been rising from an early May low. While the OBV line has not made a new high it is moving in the right direction.
Top Analyst Reports for Comcast, United Technologies & Biogen
Tue, 31 Jul 2018 15:12:03 +0000
Top Analyst Reports for Comcast, United Technologies & Biogen
Trade Wars: Winners & Losers for Investors
Tue, 31 Jul 2018 14:00:00 +0000
The Trump administration, frustrated by a persistent trade deficit that exceeds $400 billion, has kicked off a trade war with the goal of reducing this imbalance over time while also protecting domestic industries, technologies and jobs, notes John Eade, analyst and director of research and market strategist with Argus Research, a leading independent Wall Street research firm. This latest round of tariffs involves numerous trading partners, including China, Canada, Mexico and the European Union. Consumers, companies and investors can count on several outcomes from a trade war.
UTX vs. RAVN: Which Stock Is the Better Value Option?
Mon, 30 Jul 2018 13:30:01 +0000
UTX vs. RAVN: Which Stock Is the Better Value Option?
Unlike Trump, Tyson Foods Doesn't Think Tariffs Are The 'Greatest'
Mon, 30 Jul 2018 13:16:34 +0000
Tyson Foods on Monday became the latest big U.S. company to warn on 2018 results due to the Trump tariffs.
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