Teva Pharma's most recent trend suggests a bullish bias. One trading opportunity on Teva Pharma is a Bull Put Spread using a strike $55.00 short put and a strike $50.00 long put offers a potential 8.93% return on risk over the next 21 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $55.00 by expiration. The full premium credit of $0.41 would be kept by the premium seller. The risk of $4.59 would be incurred if the stock dropped below the $50.00 long put strike price.
The 5-day moving average is moving up which suggests that the short-term momentum for Teva Pharma is bullish and the probability of a rise in share price is higher if the stock starts trending.
The 20-day moving average is moving up which suggests that the medium-term momentum for Teva Pharma is bullish.
The RSI indicator is at 41.74 level which suggests that the stock is neither overbought nor oversold at this time.
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LATEST NEWS for Teva Pharma
9:07 am Teva Pharma Canada announces the launch of (Pr)Teva-Tobramycin Inhalation Solution, a Generic of Novartis' (NVS) (Pr)Tobi
Thu, 25 Feb 2016 14:07:00 GMT
Teva Canada Announces the Launch of (Pr)Teva-Tobramycin Inhalation Solution, a Generic of (Pr)Tobi®
Thu, 25 Feb 2016 14:00:00 GMT
CNW Group – Teva Canada Announces the Launch of (Pr)Teva-Tobramycin Inhalation Solution, a Generic of (Pr)Tobi®
Short Sellers Increase Bets in Major Pharma
Thu, 25 Feb 2016 13:10:21 GMT
Teva Pharmaceuticals Embarks on Strategic Corporate Identity Program to Build a Global Brand
Wed, 24 Feb 2016 11:00:00 GMT
Business Wire – Teva Pharmaceutical Industries Ltd. today announced that it is embarking on a strategic enterprise-wide corporate identity program to build a global brand. This is the manifestation of the journey Teva embarked on two years ago, to differentiate itself based on the unique characteristics of the Company’s business model and create a new breed of healthcare company.
Billionaire Andreas Halvorsen’s Top Moves from Latest 13F
Tue, 23 Feb 2016 18:50:35 GMT
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