United Tech's most recent trend suggests a bearish bias. One trading opportunity on United Tech is a Bear Call Spread using a strike $106.00 short call and a strike $111.00 long call offers a potential 7.07% return on risk over the next 11 calendar days. Maximum profit would be generated if the Bear Call Spread were to expire worthless, which would occur if the stock were below $106.00 by expiration. The full premium credit of $0.33 would be kept by the premium seller. The risk of $4.67 would be incurred if the stock rose above the $111.00 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 below 20 which suggests that the stock is in oversold territory.
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LATEST NEWS for United Tech
UTC Aerospace Wins Dreamliner Contracts from Boeing, Scoot
Tue, 05 Aug 2014 21:45:02 GMT
Scoot Selects Pratt & Whitney AeroPower for 787 Auxiliary Power Unit Maintenance Support
Mon, 04 Aug 2014 12:15:00 GMT
PR Newswire – EAST HARTFORD, Conn., Aug. 4, 2014 /PRNewswire/ — Pratt & Whitney AeroPower has signed a long-term comprehensive APS5000 Auxiliary Power Unit (APU) maintenance support agreement with Scoot Pte. Ltd., …
UTC Aerospace Systems selected by Boeing to design and build nacelle systems for the Boeing 787-10 Dreamliner
Mon, 04 Aug 2014 12:00:00 GMT
PR Newswire – CHARLOTTE, N.C., Aug. 4, 2014 /PRNewswire/ — UTC Aerospace Systems' Aerostructures business has been selected by The Boeing Company to extend its provision of complete nacelle systems for the 787 Dreamliner to include the 787-10 variant. The Aerostructures business was awarded the contract to provide inlets, thrust reversers, fan cowls and exhaust systems for both the GE and Rolls-Royce engine options on the 787-8 and 787-9 in 2004. As with the previous contract, the 787-10 agreement covers design and manufacture of nacelle systems for those engine variants for the higher capacity version of the Dreamliner. The Aerostructures business headquartered in Chula Vista, California will also supply aftermarket support of the 787-10 nacelle systems through its global network of maintenance, repair and overhaul facilities and spares distribution centers.
Scoot selects UTC Aerospace Systems C.A.R.E. program for Boeing 787 maintenance
Mon, 04 Aug 2014 12:00:00 GMT
PR Newswire – CHARLOTTE, N.C., Aug. 4, 2014 /PRNewswire/ — Scoot Pte. Ltd., a wholly-owned subsidiary of Singapore Airlines, has selected UTC Aerospace Systems to provide asset management and repair services for components …
UNITED TECHNOLOGIES CORP /DE/ Financials
Thu, 31 Jul 2014 17:04:13 GMT
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