Fluor's most recent trend suggests a bearish bias. One trading opportunity on Fluor is a Bear Call Spread using a strike $42.50 short call and a strike $47.50 long call offers a potential 11.11% return on risk over the next 21 calendar days. Maximum profit would be generated if the Bear Call Spread were to expire worthless, which would occur if the stock were below $42.50 by expiration. The full premium credit of $0.50 would be kept by the premium seller. The risk of $4.50 would be incurred if the stock rose above the $47.50 long call strike price.
The 5-day moving average is moving up which suggests that the short-term momentum for Fluor 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 down which suggests that the medium-term momentum for Fluor is bearish.
The RSI indicator is at 24.74 level which suggests that the stock is neither overbought nor oversold at this time.
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LATEST NEWS for Fluor
Here's Why Altair Engineering (ALTR) Stock is Worth a Bet Now
Wed, 28 Nov 2018 14:40:02 +0000
Solid simulation industry fundamentals, growth prospects and aggressive acquisitions will help Altair Engineering (ALTR) to grow further.
Here's Why You Should Add KBR Stock to Your Portfolio Now
Mon, 26 Nov 2018 14:32:02 +0000
Accretive growth from Aspire and SGT buyouts, strong organic growth in Government Services and Technology businesses, along with buoyant government contracting services are likely to help KBR grow further.
Fluor to Assist ioneer in Rhyolite Ridge Project in Nevada
Wed, 21 Nov 2018 14:28:02 +0000
While offering Definitive Feasibility Study, Fluor (FLR) supports ioneer to deliver critical materials for ensuring a sustainable future.
Fluor appointed to deliver ioneer’s Rhyolite Ridge Lithium-Boron Project
Tue, 20 Nov 2018 23:22:08 +0000
Emerging lithium-boron supplier, ioneer Ltd (ioneer or the Company) (ASX: INR) today announced the appointment of Fluor Corporation (Fluor) as the engineering and design firm to complete the Definitive Feasibility Study (DFS) for the Rhyolite Ridge Lithium-Boron Project (Project) in Nevada, USA. Fluor will also provide engineering, procurement and construction management services as the project advances. The Fluor appointment follows the completion last month of the Rhyolite Ridge Pre-Feasibility Study (PFS). The PFS demonstrated the Project’s scale, long life and potential to become the lowest cost lithium producer in the world as well as the largest lithium producer in the United States.
Fluor Selected for Lithium and Boron Mine Project in Nevada
Tue, 20 Nov 2018 21:17:00 +0000
Fluor Corporation (FLR) announced today that ioneer Ltd. has selected Fluor to deliver its lithium and boron mine outside of Tonopah, Nevada. Fluor will initially provide a definitive feasibility study, and subsequently, engineering, procurement and construction management (EPCM) services as the project progresses. Fluor will book the feasibility study contract value in the fourth quarter of 2018 and expects to book the full EPCM contract value in 2019 dependent on a final investment decision.
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