Hess Corporation's most recent trend suggests a bearish bias. One trading opportunity on Hess Corporation is a Bear Call Spread using a strike $99.00 short call and a strike $104.00 long call offers a potential 8.23% 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 $99.00 by expiration. The full premium credit of $0.38 would be kept by the premium seller. The risk of $4.62 would be incurred if the stock rose above the $104.00 long call strike price.
The 5-day moving average is moving down which suggests that the short-term momentum for Hess Corporation 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 Hess Corporation is bearish.
The RSI indicator is at 49.37 level which suggests that the stock is neither overbought nor oversold at this time.
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LATEST NEWS for Hess Corporation
Energy Reform in Mexico to be Significant Event for the Oil & Gas Industry: Barclays Managing Director James West Shares His Views on the Sector in an Exclusive Wall Street Transcript Interview
Wed, 09 Jul 2014 15:54:00 GMT
Cemig Distribuicao S.A. — Moody's downgrades CEMIG-D issuer ratings 1 notch with a negative outlook; CEMIG and CEMIG-GT ratings confirmed with stable outlooks
Tue, 08 Jul 2014 14:56:03 GMT
U.S. Oil and Gas Royalty Trusts are Situation-Specific Investments with Finite Asset Pools: Analyst Ethan Bellamy Discusses Similarities and Differences Between MLPs and Royalty Trusts
Mon, 07 Jul 2014 17:27:00 GMT
Summer stock sale
Mon, 07 Jul 2014 17:00:00 GMT
Hess Schedules Earnings Release Conference Call
Wed, 02 Jul 2014 21:53:07 GMT
noodls – NEW YORK–(BUSINESS WIRE)–Jul. 2, 2014– Hess Corporation (NYSE:HES) announced today that it will hold a conference call on Wednesday, July 30, 2014, at 10 a.m. Eastern Daylight Time to discuss its second …
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