United Tech (UTX) Offering Possible 9.77% Return Over the Next 28 Calendar Days

United Tech's most recent trend suggests a bullish bias. One trading opportunity on United Tech is a Bull Put Spread using a strike $105.00 short put and a strike $95.00 long put offers a potential 9.77% return on risk over the next 28 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $105.00 by expiration. The full premium credit of $0.89 would be kept by the premium seller. The risk of $9.11 would be incurred if the stock dropped below the $95.00 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 64.1 level which suggests that the stock is neither overbought nor oversold at this time.

To learn how to execute such a strategy while accounting for risk and reward in the context of smart portfolio management, and see how to trade live with a successful professional trader, view more here

LATEST NEWS for United Tech

Earnings Preview: United Technologies (UTX) Q4 Earnings Expected to Decline
Wed, 16 Jan 2019 15:30:03 +0000
United Technologies (UTX) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

Honeywell Partners with Theatro to Develop SaaS Solutions
Wed, 16 Jan 2019 13:04:26 +0000
Honeywell Partners with Theatro to Develop SaaS SolutionsHoneywell partners with TheatroOn January 14, Honeywell (HON) announced that it has entered into a partnership with Theatro. Theatro is the pioneer of the world’s first voice-controlled

GE Transportation-Wabtec Merger Gets Another Step Closer
Tue, 15 Jan 2019 13:09:46 +0000
GE Transportation-Wabtec Merger Gets Another Step CloserDOJ approvalGeneral Electric’s (GE) transportation unit and Wabtec got another step closer toward their proposed $11.1 billion merger with approval from the US Department of Justice (or

See what the IHS Markit Score report has to say about United Technologies Corp.
Tue, 15 Jan 2019 13:00:30 +0000
# United Technologies Corp

### NYSE:UTX

View full report here!

## Summary

* Perception of the company's creditworthiness is neutral
* Bearish sentiment is low
* Economic output for the sector is expanding but at a slower rate

## Bearish sentiment

Short interest | Positive

Short interest is extremely low for UTX with fewer than 1% of shares on loan. This could indicate that investors who seek to profit from falling equity prices are not currently targeting UTX.

## Money flow

ETF/Index ownership | Neutral

ETF activity is neutral. The net inflows of $12.28 billion over the last one-month into ETFs that hold UTX are not among the highest of the last year and have been slowing.

## Economic sentiment

PMI by IHS Markit | Negative

According to the latest IHS Markit Purchasing Managers' Index (PMI) data, output in the Industrials sector is rising. The rate of growth is weak relative to the trend shown over the past year, however, and is easing.

## Credit worthiness

Credit default swap | Neutral

The current level displays a neutral indicator. UTX credit default swap spreads are within the middle of their range for the last three years.

Please send all inquiries related to the report to score@ihsmarkit.com.

Charts and report PDFs will only be available for 30 days after publishing.

This document has been produced for information purposes only and is not to be relied upon or as construed as investment advice. To the fullest extent permitted by law, IHS Markit disclaims any responsibility or liability, whether in contract, tort (including, without limitation, negligence), equity or otherwise, for any loss or damage arising from any reliance on or the use of this material in any way. Please view the full legal disclaimer and methodology information on pages 2-3 of the full report.

Honeywell to Collaborate with Optoro on Reverse Logistics
Mon, 14 Jan 2019 13:03:44 +0000
Key Updates from the Industrial Sector Last Week

## Honeywell in collaboration with Optoro

On January 10, 2019, Honeywell (HON) announced that it plans to collaborate with Optoro. As a part of this collaboration, Honeywell’s Mobility Edge mobile computers will use Optoro’s cloud-based data-driven solution to help retailers better manage returned purchases and excess inventory. Optoro’s proprietary algorithms help to determine how to dispose of a returned item to get maximum value. HON didn’t disclose the financial aspects of this collaboration.

The latest data from the National Retail Federation suggests that returns from consumers have been growing every year, and retailers estimate that more than 10% of their annual sales are returned.

Peter Howes, Honeywell’s president for Productivity Products business, said, “Reverse logistics is becoming a complex challenge for retailers as they need to move returned goods within the supply chain as quickly as possible to reduce bottom-line impact. With Optoro running on our Mobility Edge Platform devices, retailers can quickly connect returns with best available opportunities to turn the products into revenue.”

## Stock price movement

Honeywell stock gained 2.0% and closed at $137.36 for the week ending January 11, 2019. The gains helped HON to narrow its 100-day moving average gap. The stock traded 6.7% below the 100-day moving average price of $147.19. Honeywell underperformed the Invesco Aerospace & Defense ETF (PPA), which gained 3.8%. PPA invests 7.0% of its portfolio in Honeywell.

So far in 2019, Honeywell has gained 5.0%. United Technologies (UTX), Textron (TXT), and Boeing (BA) have risen 4.4%, 5.2%, and 11.5%, respectively. The company’s 14-day RSI (relative strength index) is at 53, which indicates that the stock isn’t overbought or oversold. An RSI of 70 and above shows that a stock has temporarily moved into the “overbought” position, while an RSI of 30 and below indicates that a stock has temporarily moved into the “oversold” position.

Continue to Next Part

Browse this series on Market Realist:

* Part 2 – Deere Gets Six Agricultural Innovation Awards
* Part 3 – Cummins Announces CFO Change

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