United Tech's most recent trend suggests a bearish bias. One trading opportunity on United Tech is a Bear Call Spread using a strike $105.00 short call and a strike $115.00 long call offers a potential 6.84% return on risk over the next 38 calendar days. Maximum profit would be generated if the Bear Call Spread were to expire worthless, which would occur if the stock were below $105.00 by expiration. The full premium credit of $0.64 would be kept by the premium seller. The risk of $9.36 would be incurred if the stock rose above the $115.00 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 31.35 level which suggests that the stock is neither overbought nor oversold at this time.
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LATEST NEWS for United Tech
United Technologies' Cloud Cap Technology Selected by ISD
Wed, 15 Oct 2014 22:03:41 GMT
Carrier to Convene Inaugural World Cold Chain Summit to Reduce Food Waste
Wed, 15 Oct 2014 18:01:00 GMT
PR Newswire – LONDON, Oct. 15, 2014 /PRNewswire/ — More than 800 million people worldwide go to bed hungry, while one-third or more of all food produced never reaches consumers due to spoilage and waste, according to the Food and Agriculture Organization of the United Nations. Against the backdrop of World Food Day and in response to this issue and its resulting 3.3 billion metric tons of carbon dioxide emissions, Carrier, the world's leader in high-technology refrigeration solutions, announces its inaugural “World Cold Chain Summit to Reduce Food Waste” in London on Nov. 20. Carrier is a part of UTC Building & Industrial Systems, a unit of United Technologies Corp. (UTX). The conference will convene global leaders in academia, government and business to discuss food waste in emerging and developed economies.
Honeywell-Pratt JV Firm Ends Second Test of HPW3000 Engine
Tue, 14 Oct 2014 21:35:02 GMT
Pratt & Whitney signs contract with Pentagon for next F-35 engines-sources
Tue, 14 Oct 2014 20:59:46 GMT
Reuters – Pratt & Whitney, a unit of United Technologies Corp, has signed a contract with the Pentagon for a seventh batch of F135 engines to power the F-35 fighter plane built by Lockheed Martin Corp, sources familiar with the agreement said Tuesday. The contract will cover 36 engines, and should be followed in coming weeks with a contract for an eighth batch of additional engines.
Pratt & Whitney Canada's Next-Generation PurePower® PW800 Engines Selected To Power Gulfstream's New Business Jet Family
Tue, 14 Oct 2014 18:01:00 GMT
PR Newswire – SAVANNAH, Ga., Oct. 14, 2014 /PRNewswire/ — Pratt & Whitney Canada (P&WC) today announced that its PurePower® PW800 engines are the power behind the new Gulfstream G500 and G600 business jets, which launched today at Gulfstream Aerospace Corp.'s Georgia headquarters. P&WC is a United Technologies Corp. company (UTX). A 16,000-pound-thrust-class powerhouse, the PurePower PW800 engine is optimized for high-flying, fast, long-range business jets and shares the same proven, rigorously tested core technology used in Pratt & Whitney's award-winning PurePower family of geared turbofan commercial engines.
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