Cummins's most recent trend suggests a bearish bias. One trading opportunity on Cummins is a Bear Call Spread using a strike $136.00 short call and a strike $141.00 long call offers a potential 23.46% return on risk over the next 9 calendar days. Maximum profit would be generated if the Bear Call Spread were to expire worthless, which would occur if the stock were below $136.00 by expiration. The full premium credit of $0.95 would be kept by the premium seller. The risk of $4.05 would be incurred if the stock rose above the $141.00 long call strike price.
The 5-day moving average is moving down which suggests that the short-term momentum for Cummins 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 Cummins is bearish.
The RSI indicator is at 35.81 level which suggests that the stock is neither overbought nor oversold at this time.
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LATEST NEWS for Cummins
Cummins Inc. Declares Quarterly Common Stock Dividend
Sun, 08 Feb 2015 15:00:00 GMT
Marketwired – The Board of Directors of Cummins Inc. today declared a quarterly common stock cash dividend of 78 cents per share, payable on March 2, 2015 to shareholders of record on February 18, 2015.About CumminsCummins …
Quotes from this week's earnings calls
Fri, 06 Feb 2015 19:48:00 GMT
Cummins (CMI) Earnings Report: Q4 2014 Conference Call Transcript
Fri, 06 Feb 2015 17:39:00 GMT
Stock Pops & Drops: LB, PFE, IRBT & CMI
Thu, 05 Feb 2015 22:45:00 GMT
[$$] Cummins Beats Expectations, Cites China, U.S.
Thu, 05 Feb 2015 19:07:48 GMT
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