Baxter's most recent trend suggests a bearish bias. One trading opportunity on Baxter is a Bear Call Spread using a strike $86.00 short call and a strike $91.00 long call offers a potential 12.11% return on risk over the next 13 calendar days. Maximum profit would be generated if the Bear Call Spread were to expire worthless, which would occur if the stock were below $86.00 by expiration. The full premium credit of $0.54 would be kept by the premium seller. The risk of $4.46 would be incurred if the stock rose above the $91.00 long call strike price.
The 5-day moving average is moving down which suggests that the short-term momentum for Baxter 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 Baxter is bearish.
The RSI indicator is at 42.1 level which suggests that the stock is neither overbought nor oversold at this time.
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LATEST NEWS for Baxter
Abbott (ABT) Gets FDA Nod for New Troponin-I Blood Test
Wed, 02 Oct 2019 13:48:01 +0000
The regulatory go-ahead for Abbott's (ABT) ARCHITECT STAT High Sensitivity Troponin-I blood test is a major stride forward in its commitment for detecting patients suspected of having a heart attack.
Baxter Home Dialysis Study Associates Sharesource With 39% Reduction in Hospitalization Rates for Colombian Patients
Tue, 01 Oct 2019 10:30:00 +0000
Baxter new #HomeDialysis study associates Sharesource with 39% reduction in hospitalization rates for Colombian patients. #PeritonealDialysis #KidneyDisease: https://bit.ly/2nZEh0O
Haemonetics Grows on Strong Plasma, Hemostasis Management
Fri, 27 Sep 2019 14:08:02 +0000
Haemonetics (HAE) is gaining traction from a steady progress in Plasma franchise.
A Look At The Fair Value Of Baxter International Inc. (NYSE:BAX)
Fri, 27 Sep 2019 10:38:59 +0000
Today we'll do a simple run through of a valuation method used to estimate the attractiveness of Baxter International…
Baxter Features Patient-Centered Innovation at the 2019 European Society of Intensive Care Medicine Congress
Thu, 26 Sep 2019 20:15:00 +0000
Baxter International Inc. (BAX), a leading global medical products company, will showcase its latest product innovations at the 2019 European Society of Intensive Care Medicine (ESICM) LIVES congress in Berlin from Sept. 28 – Oct. 2. The company will also host symposia to advance clinical knowledge in two emerging areas: extracorporeal (outside the body) organ support and the role of personalized fluid management for patients in the intensive care unit (ICU).
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