Johnson Controls (JCI) Offering Possible 5.26% Return Over the Next 20 Calendar Days

This post was originally published on this site

Johnson Controls’s most recent trend suggests a bearish bias. One trading opportunity on Johnson Controls is a Bear Call Spread using a strike $61.00 short call and a strike $66.00 long call offers a potential 5.26% return on risk over the next 20 calendar days. Maximum profit would be generated if the Bear Call Spread were to expire worthless, which would occur if the stock were below $61.00 by expiration. The full premium credit of $0.25 would be kept by the premium seller. The risk of $4.75 would be incurred if the stock rose above the $66.00 long call strike price.

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

The RSI indicator is at 50.76 level which suggests that the stock is neither overbought nor oversold at this time.

To learn how to execute such a strategy while accounting for risk and reward in the context of smart portfolio management, and see how to trade live with a successful professional trader, view more here


LATEST NEWS for Johnson Controls

3 Unknown but Amazing Dividend Stocks
Fri, 26 Mar 2021 11:30:00 +0000
There are some great market-beating dividend stocks hiding in plain sight for investors who are willing to look off the beaten path. What may shock you is that the three stocks I’m going to highlight below have all been paying a dividend for over 100 years. Stanley Black & Decker has been paying a dividend since 1895 and you can see that since 1990 the dividend and stock have risen steadily.

ADT Security Australia Launches Essence SmartCare Solution for Senior Care
Wed, 24 Mar 2021 14:00:00 +0000
Essence SmartCare, part of global IoT solutions provider Essence Group, today announced that ADT Security Australia, a leading provider of security monitoring services, has selected its Care@Home™ Enhanced Telecare Services Platform to expand ADT’s Health and Wellness services offering in Australia. ADT Security Australia is part of Johnson Controls, the global leader in smart, healthy and sustainable buildings.

4 Stocks to Outshine in the Prospering Security Services Industry
Thu, 18 Mar 2021 14:20:02 +0000
4 Stocks to Outshine in the Prospering Security Services Industry

Johnson Controls (JCI) Announces Share Buyback, Hikes Dividend
Fri, 12 Mar 2021 13:33:01 +0000
The increase in annual dividend underscores the strength of Johnson Controls (JCI) balance sheet and liquidity position, which allows it to return cash to shareholders.

Things Are Good for Industrial Stocks. A Hidden Dividend Aristocrat Shows Why.
Thu, 11 Mar 2021 14:33:00 +0000
Industrial conglomerate Johnson Controls raised its dividend and is buying back more stock. The economic recovery has just begun, but more cash flow is already coming in at many cyclical businesses.

Be Sociable, Share!

Related Posts