CBS Corp's most recent trend suggests a bearish bias. One trading opportunity on CBS Corp is a Bear Call Spread using a strike $53.00 short call and a strike $58.00 long call offers a potential 9.41% return on risk over the next 3 calendar days. Maximum profit would be generated if the Bear Call Spread were to expire worthless, which would occur if the stock were below $53.00 by expiration. The full premium credit of $0.43 would be kept by the premium seller. The risk of $4.57 would be incurred if the stock rose above the $58.00 long call strike price.
The 5-day moving average is moving down which suggests that the short-term momentum for CBS Corp 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 CBS Corp is bearish.
The RSI indicator is at 35.86 level which suggests that the stock is neither overbought nor oversold at this time.
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LATEST NEWS for CBS Corp
2018 NCAA Tournament: Here’s who’s in, and the complete bracket
Mon, 12 Mar 2018 01:22:48 +0000
The NCAA Men’s Basketball Tournament announced its field, with a twist, on Sunday, and while some teams were left feeling snubbed, there was little surprise among the top seeds.
Behind Altice’s Settlement with Starz over Carriage Fees
Fri, 09 Mar 2018 20:10:02 +0000
On February 13, 2018, Altice USA (ATUS) again joined hands with Starz broadcasting channels, just six weeks after Altice decided to drop the pay network’s channels on its platform due to a dispute over carriage fees. Altice brought back all the Starz channels to its cable system.
How Important Was CBS’s Carriage Deal for Dish Network?
Fri, 09 Mar 2018 18:40:09 +0000
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Why Frontier’s FiOS Customers Lost Access to Cox’s KIRO-TV
Fri, 09 Mar 2018 17:08:29 +0000
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Investors back away from Weinstein Co.; Netflix CEO not interested in ‘inclusion riders’
Wed, 07 Mar 2018 20:09:42 +0000
A group of female-led investors is backing out of a deal for to buy the Weinstein Company for $500 million, and Netflix's CEO Reed Hastings says he’s not interested in including "inclusion riders" on contracts. Yahoo Finance's Alexis Christoforous, Ethan Wolff-Mann and Melody Hahm discuss.
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