United Tech's most recent trend suggests a bullish bias. One trading opportunity on United Tech is a Bull Put Spread using a strike $150.00 short put and a strike $145.00 long put offers a potential 8.23% return on risk over the next 9 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $150.00 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 dropped below the $145.00 long put strike price.
The 5-day moving average is moving up which suggests that the short-term momentum for United Tech 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 United Tech is bullish.
The RSI indicator is at 71.93 level which suggests that the stock is neither overbought nor oversold at this time.
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LATEST NEWS for United Tech
United Technologies Fourth Quarter Earnings Advisory
Mon, 06 Jan 2020 22:00:00 +0000
United Technologies Corp. (NYSE:UTX) will issue its fourth quarter 2019 earnings press release on Tuesday, January 28, prior to the stock market opening. A conference call will take place at 8:00 a.m. ET.
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Mon, 06 Jan 2020 16:13:29 +0000
Lockheed Martin and United Technologies stocks could gain significant ground as Mideast tensions escalate.
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Fri, 03 Jan 2020 19:04:00 +0000
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