Allergan's most recent trend suggests a bearish bias. One trading opportunity on Allergan is a Bear Call Spread using a strike $250.00 short call and a strike $255.00 long call offers a potential 42.05% return on risk over the next 17 calendar days. Maximum profit would be generated if the Bear Call Spread were to expire worthless, which would occur if the stock were below $250.00 by expiration. The full premium credit of $1.48 would be kept by the premium seller. The risk of $3.52 would be incurred if the stock rose above the $255.00 long call strike price.
The 5-day moving average is moving down which suggests that the short-term momentum for Allergan 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 Allergan is bearish.
The RSI indicator is at 73.07 level which suggests that the stock is neither overbought nor oversold at this time.
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LATEST NEWS for Allergan
Drugmakers pledge restraint, but prices will still soar
Mon, 27 Feb 2017 22:12:26 GMT
Drugmakers pledge restraint, but prices will still soar
Mon, 27 Feb 2017 22:12:21 GMT
Allergan to Present at Cowen and Company 37th Annual Health Care Conference
Mon, 27 Feb 2017 21:30:00 GMT
PR Newswire – DUBLIN, Feb. 27, 2017 /PRNewswire/ — Allergan plc (AGN), a leading global pharmaceutical company, today announced that Allergan Chairman and CEO Brent Saunders will present at the Cowen and Company 37th Annual Health Care Conference in Boston, MA. The presentation will begin at 8:40 a.m. ET on Tuesday, March 7th, 2017 at the Boston Marriott Copley Place. The presentation will be webcast live and can be accessed on Allergan's Investor Relations web site at www.allergan.com/investors.
Allergan to Present at Raymond James 38th Annual Institutional Investors Conference
Mon, 27 Feb 2017 21:30:00 GMT
PR Newswire – DUBLIN, Feb. 27, 2017 /PRNewswire/ — Allergan plc (AGN) a leading global pharmaceutical company, today announced that Bill Meury, Allergan's Chief Commercial Officer, will present at the Raymond James 38th Annual Institutional Investors Conference in Orlando, Florida. The presentation will be webcast live and can be accessed on Allergan's Investor Relations web site at www.allergan.com/investors. Allergan plc (AGN), headquartered in Dublin, Ireland, is a bold, global pharmaceutical company and a leader in a new industry model – Growth Pharma. Allergan is focused on developing, manufacturing and commercializing branded pharmaceuticals, devices and biologic products for patients around the world.
The eyes have it in Allergan's new ad campaign from FCB Chicago
Mon, 27 Feb 2017 20:55:08 GMT
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