Siemens (SI) Approaching New 52-Week High
Oct 08, 2009 (Fresh Brewed Media via COMTEX) --
Company: Siemens AG (SI)
Siemens Aktiengesellschaft (NYSE: SI) closed yesterday at $92.54. So far the stock has hit a 52-week low of $43.89 and 52-week high of $98.67. Siemens Aktiengesellschaft stock has been showing support around 91.18 and resistance in the 93.90 range. Technical indicators for the stock are Bullish. SI appears on the Investors Observer Hedged Dividend Income list. For a hedged play on this stock, look at a Jan '10 90 covered call (SI AR) for a net debit in the $84.34 area. That is also the break even stock price for this trade. This covered call has a 100 day duration, provides 8.86% downside protection and a 6.71% assigned return rate for a 24.49% annualized return rate (comparison purposes only). Siemens Aktiengesellschaft has a current annual dividend yield of 1.71%.
THA-Seven Summits Research Goto www.iotogo.com/18w1 for our free report titled, The 18 Ways To Know When It's Time To Dump A Stock
Copyright (C) 2009 FreshBrewedMedia. All rights reserved
News Provided by COMTEX
Company: Siemens AG (SI)
Related terms: arkansas, dividend, investment opinion, nyse, research, trade, yield
Zibb.com
Zibb.co.uk
Zibb.fr
Zibbsearch.nl