United Tech's most recent trend suggests a bearish bias. One trading opportunity on United Tech is a Bear Call Spread using a strike $111.00 short call and a strike $116.00 long call offers a potential 9.89% return on risk over the next 24 calendar days. Maximum profit would be generated if the Bear Call Spread were to expire worthless, which would occur if the stock were below $111.00 by expiration. The full premium credit of $0.45 would be kept by the premium seller. The risk of $4.55 would be incurred if the stock rose above the $116.00 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 74.23 level which suggests that the stock is neither overbought nor oversold at this time.
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LATEST NEWS for United Tech
Ahead of the Bell: US Unemployment Benefits
Thu, 28 Aug 2014 10:28:24 GMT
Ahead of the Bell: US Unemployment Benefits
Thu, 28 Aug 2014 10:28:24 GMT
Stocks little moved as S&P 500 ends above 2,000 again
Wed, 27 Aug 2014 20:11:37 GMT
United Technologies affirms guidance, increases share buybacks
Wed, 27 Aug 2014 14:17:26 GMT
How Will United Technologies (UTX) Stock Be Affected By Increased Share Repurchases This Year?
Wed, 27 Aug 2014 14:08:00 GMT
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