Gilead Sciences's most recent trend suggests a bearish bias. One trading opportunity on Gilead Sciences is a Bear Call Spread using a strike $108.00 short call and a strike $113.00 long call offers a potential 29.2% return on risk over the next 16 calendar days. Maximum profit would be generated if the Bear Call Spread were to expire worthless, which would occur if the stock were below $108.00 by expiration. The full premium credit of $1.13 would be kept by the premium seller. The risk of $3.87 would be incurred if the stock rose above the $113.00 long call strike price.
The 5-day moving average is moving down which suggests that the short-term momentum for Gilead Sciences 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 Gilead Sciences is bearish.
The RSI indicator is at 77.66 level which suggests that the stock is neither overbought nor oversold at this time.
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LATEST NEWS for Gilead Sciences
Nanosphere (NSPH) Slumps: NSPH Plunges 14.3% in Session
Fri, 05 Sep 2014 11:05:04 GMT
Gilead Close to Sending $84,000 Drug to Poor Countries
Thu, 04 Sep 2014 22:04:48 GMT
Alexion Pharmaceuticals' Soliris Wins NICE Backing for aHUS
Thu, 04 Sep 2014 20:00:02 GMT
Rexahn Pharmaceuticals (RNN) Jumps: Stock Rises 9.6%
Thu, 04 Sep 2014 10:48:29 GMT
New Managers Revive Thrivent Large Cap Growth Fund
Wed, 03 Sep 2014 22:28:00 GMT
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