United Tech (UTX) Offering Possible 6.27% Return Over the Next 30 Calendar Days

United Tech’s most recent trend suggests a bullish bias. One trading opportunity on United Tech is a Bull Put Spread using a strike $115.00 short put and a strike $105.00 long put offers a potential 6.27% return on risk over the next 30 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $115.00 by expiration. The full premium credit of $0.59 would be kept by the premium seller. The risk of $9.41 would be incurred if the stock dropped below the $105.00 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 79.96 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 Stock Could Rally 15% From Here
Mon, 11 Feb 2019 14:56:00 +0000
In the daily bar chart of UTX, below, we can see a positive picture. The daily On-Balance-Volume (OBV) line has firmed from late 2018 and tells me that buyers of UTX have become more aggressive. In the weekly bar chart of UTX, below, we can see improvement despite the sharp decline and breaking of a number of support levels.

This is Why United Technologies (UTX) is a Great Dividend Stock
Mon, 11 Feb 2019 14:15:02 +0000
Dividends are one of the best benefits to being a shareholder, but finding a great dividend stock is no easy task. Does United Technologies (UTX) have what it takes? Let’s find out.

Boeing to Get a Boost from KC-46 Air Tanker Approval
Mon, 11 Feb 2019 13:06:37 +0000
Boeing to Get a Boost from KC-46 Air Tanker ApprovalAir Force accepts KC-46 first deliveryOn February 10, Boeing (BA) announced that it finally got the U.S. Air Force’s (or USAF) approval for the first delivery of its long-delayed KC-46 Pegasus

Dow Underdogs for 2019
Mon, 11 Feb 2019 10:00:00 +0000
A favorite strategy of mine is to buy Dow “Underdogs,” the stocks in the Dow Jones Industrial that have performed poorly over the last 12 months but are (hopefully) poised for rebounds in the New Year, explains Chuck Carlson, dividend expert and editor of DRIP Investor.

United Technologies Stock Could Take Off Any Time, Says Analyst
Fri, 08 Feb 2019 20:23:00 +0000
United Technologies shares have lagged behind its peers in recent years, but that could change faster than many people expect, according to Morgan Stanley.

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