United Tech (UTX) Offering Possible 19.62% Return Over the Next 9 Calendar Days

United Tech's most recent trend suggests a bearish bias. One trading opportunity on United Tech is a Bear Call Spread using a strike $121.00 short call and a strike $126.00 long call offers a potential 19.62% 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 $121.00 by expiration. The full premium credit of $0.82 would be kept by the premium seller. The risk of $4.18 would be incurred if the stock rose above the $126.00 long call strike price.

The 5-day moving average is moving down which suggests that the short-term momentum for United Tech 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 United Tech is bearish.

The RSI indicator is at 27.13 level which suggests that the stock is neither overbought nor oversold at this time.

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LATEST NEWS for United Tech

Pratt & Whitney Inaugurates New Aerospace Engineering Center in Puerto Rico
Mon, 10 Dec 2018 19:30:00 +0000
EAST HARTFORD, Conn., Dec. 10, 2018 /PRNewswire/ — Pratt & Whitney, a division of United Technologies Corp. (UTX), today announced its official inauguration of the Pratt & Whitney Puerto Rico Aguadilla Engineering Center in Aguadilla, Puerto Rico. The celebration also included a $500,000 donation by Pratt & Whitney to the University of Puerto Rico at Mayaguez. Puerto Rico Governor Ricardo Rosselló and representatives from the Puerto Rico Industrial Development Company (PRIDCO) attended the ceremony alongside several Pratt & Whitney and UTC executives.

General Electric Stock Traded near Its Ten-Year Low
Mon, 10 Dec 2018 17:21:36 +0000
Why Has General Electric Stock Struggled in 2018? On December 7, General Electric’s closing price was $7.01. Currently, the stock trades near its ten-year low of $6.66, which it touched on March 5, 2009.

United Technologies Breakup Plan Prolongs the Uncertainty
Sat, 08 Dec 2018 13:20:00 +0000
Here's what investors should do while the company navigates a three-way split.

United Technologies (UTX) Stock Moves -1.66%: What You Should Know
Fri, 07 Dec 2018 22:45:10 +0000
United Technologies (UTX) closed the most recent trading day at $119.44, moving -1.66% from the previous trading session.

Should You Buy Boeing Stock at Current Levels?
Fri, 07 Dec 2018 16:08:28 +0000
When it comes to Boeing (NYSE:BA) stock, there has definitely been quite a lot of, well, turbulence lately. On Monday, Boeing stock jumped 3%, adding fuel to a rally of the Dow Jones Industrial Average. Despite its struggles this week, Boeing stock has still had a fairly solid year.

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