Tempur-Pedic (TPX) NewsBite - TPX Could Be On the Move
Posted: Friday, November 20, 2009 11:22 AM EDT
By: Market Intelligence Center Staff
Tempur-Pedic (TPX) could be on the move today and is now at $20.75, down $0.13 (-0.62%) on volume of 290,436 shares traded. Over the last 52 weeks the stock has ranged from a low of $3.84 to a high of $23.07. Tempur-Pedic stock has been showing support around $20.00 and resistance in the $22.10 range. Technical indicators for the stock are neutral and S&P gives TPX a neutral 3 STARS (out of 5) hold ranking. If you are looking for a hedged play on TPX the stock seems like it could be a candidate for a January out-of-the-money bear-call credit spread above the 25 range. [ABR-Seven Summits Strategic Investments NewsBite]
CLICK HERE: FREE Tempur-Pedic (TPX) Stock ReportSee what our analysts have uncovered about Tempur-Pedic (TPX).