CNH Industrial NV stock trades under the ticker CNHI & has shown recent bullishness that traders & investors should research further into.
CNHI stock closed at $16.82/share on 2/23/2023.
CNH Industrial NV CNHI Stock’s Technical Performance Broken Down
CNHI Stock Price: $16.82
10 Day Moving Average: $16.39
50 Day Moving Average: $16.55
200 Day Moving Average: $13.94
RSI: 54.39
MACD: -0.048
Yesterday, CNHI stock completed a bullish MACD crossover, gaining +2.5% on the day’s session.
Recent trading volumes have been about average compared to the year prior & their RSI is neutral.
They have climbed steadily in February, but are signaling near-term weakness, which investors & traders can use to get a more favorable entrypoint.
Using the past 52 week’s data, CNHI stock has support at the $16.55 (50 day moving average), $16.54 & $16.39/share price levels, as they try to break out above their $17.98/share resistance level.
CNH Industrial NV CNHI Stock As A Long-Term Investment
Long-term oriented investors will like CNHI stock’s 11.01 P/E (ttm), but may find their 3.18 P/B (mrq) to be a bit too rich.
They recently reported -23.5% Quarterly Revenue Growth Y-o-Y, with 96% Quarterly Earnings Growth Y-o-Y, which investors may want to look into with more detail.
Their balance sheet also warrants a closer review, with $3.8B of Total Cash (mrq) & $22.96B of Total Debt (mrq).
CNHI stock pays a 2.32% dividend, which appears sustainable in the long-run, as their payout ratio is 19.81%.
50.12% of CNHI stock’s outstanding share float is owned by institutional investors.
CNH Industrial NV CNHI Stock As A Short-Term Trade Using Options
Traders with shorter time horizons can use options to profit from CNHI stock’s price movements, while protecting their portfolios from volatility.
I am looking at the contracts with the 3/17 expiration date.
The $15, $12.50 & $10 call options are all in-the-money, with the former strike prices being more liquid than the latter ones.
The $17.50 puts are also in-the-money.
Tying It All Together
CNHI stock has many unique attributes that traders & investors will find appealing.
Investors will like their stable dividend yield, as well as their valuation metrics.
Traders will like their recent technical performance.
Overall, it is worth taking a closer look into CNHI stock to see how it fits into your portfolio strategy.
*** I DO NOT OWN SHARES OR OPTIONS CONTRACTS IN CNHI STOCK AT THE TIME OF PUBLISHING THIS ARTICLE ***