Vodafone's most recent trend suggests a bearish bias. One trading opportunity on Vodafone is a Bear Call Spread using a strike $37.50 short call and a strike $42.50 long call offers a potential 5.71% return on risk over the next 8 calendar days. Maximum profit would be generated if the Bear Call Spread were to expire worthless, which would occur if the stock were below $37.50 by expiration. The full premium credit of $0.27 would be kept by the premium seller. The risk of $4.73 would be incurred if the stock rose above the $42.50 long call strike price.
The 5-day moving average is moving down which suggests that the short-term momentum for Vodafone 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 Vodafone is bearish.
The RSI indicator is at 24.76 level which suggests that the stock is neither overbought nor oversold at this time.
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LATEST NEWS for Vodafone
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Fri, 14 Mar 2014 20:25:27 GMT
Vodafone Said to Move Closer to Ono Deal as IPO Delayed
Fri, 14 Mar 2014 18:43:27 GMT
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Fri, 14 Mar 2014 17:15:18 GMT
Vodafone could agree Ono takeover next week
Fri, 14 Mar 2014 16:46:20 GMT
Vodafone close to deal to buy Spain's Ono – sources
Fri, 14 Mar 2014 16:40:22 GMT
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