May 10, 2013 (Marketintelligencecenter.com via COMTEX) -- Newell Rubbermaid Inc. (NYSE:NWL) closed Thursday's trading session at $26.79. In the past year, the stock has hit a 52-week low of $16.67 and 52-week high of $27.18. Newell Rubbermaid (NWL) stock has been showing support around $26.38 and resistance in the $27.38 range. Technical indicators for the stock are Bullish and S&P gives Newell Rubbermaid (NWL) a neutral 3 STARS (out of 5) hold rating. For a hedged play on Newell Rubbermaid (NWL), look at the Sep '13 $26.00 covered call for a net debit in the $25.14 area. That is also the break-even stock price for this trade. This covered call has a duration of 134 days, provides 6.16% downside protection and an assigned return rate of 3.42% for an annualized return rate of 9.32% (for comparison purposes only). Newell Rubbermaid (NWL) has a current annual dividend yield of 2.24%.
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As of Monday, 05-06-2013 23:59, the latest Comtex SmarTrendA? Alert,
an automated pattern recognition system, indicated an UPTREND on
05-07-2012 for NWL @ $18.82.
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