SunTrust's most recent trend suggests a bullish bias. One trading opportunity on SunTrust is a Bull Put Spread using a strike $65.00 short put and a strike $55.00 long put offers a potential 21.8% return on risk over the next 36 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $65.00 by expiration. The full premium credit of $1.79 would be kept by the premium seller. The risk of $8.21 would be incurred if the stock dropped below the $55.00 long put strike price.
The 5-day moving average is moving up which suggests that the short-term momentum for SunTrust 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 up which suggests that the medium-term momentum for SunTrust is bullish.
The RSI indicator is above 80 which suggests that the stock is in overbought territory.
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LATEST NEWS for SunTrust
SunTrust to Announce Fourth Quarter 2017 Earnings Results Friday, January 19, 2018
Tue, 12 Dec 2017 15:42:00 +0000
ATLANTA , Dec. 12, 2017 /PRNewswire/ — SunTrust Banks, Inc. (NYSE: STI) announced today that it plans to release fourth quarter 2017 results on Friday, January 19, 2018 . SunTrust management will host …
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Mon, 11 Dec 2017 21:25:01 +0000
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SunTrust Joins Zelle® to Enable Fast, Safe and Easy Payments Between Consumers
Mon, 11 Dec 2017 14:00:00 +0000
ATLANTA , Dec. 11, 2017 /PRNewswire/ — SunTrust Banks, Inc. (NYSE: STI) announced today that it has officially launched Zelle , giving the bank's Consumer Online and Mobile Banking clients access to a …
What Does SunTrust Banks Inc’s (STI) Share Price Indicate?
Thu, 07 Dec 2017 12:43:13 +0000
SunTrust Banks Inc (NYSE:STI) saw a significant share price rise of over 20% in the past couple of months on the NYSE. As a large-cap stock with high coverage byRead More…
SunTrust Closes Insurance Premium Finance Subsidiary Deal
Tue, 05 Dec 2017 12:11:12 +0000
With the sale of its insurance premium finance subsidiary, SunTrust (STI) plans to focus on improving Wholesale Banking operations.
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