Teva Pharma's most recent trend suggests a bullish bias. One trading opportunity on Teva Pharma is a Bull Put Spread using a strike $42.50 short put and a strike $37.50 long put offers a potential 15.21% return on risk over the next 31 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $42.50 by expiration. The full premium credit of $0.66 would be kept by the premium seller. The risk of $4.34 would be incurred if the stock dropped below the $37.50 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 72.24 level which suggests that the stock is neither overbought nor oversold at this time.
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LATEST NEWS for Teva Pharma
Teva to Acquire NuPathe
Wed, 22 Jan 2014 20:58:36 GMT
Zacks – Teva Pharmaceutical announced that it has entered into a definitive agreement to acquire NuPathe Inc.
EQUITY ALERT: Rosen Law Firm Reminds Teva Pharmaceutical Industries Investors of Important Class Action Deadline — TEVA
Wed, 22 Jan 2014 18:35:43 GMT
GlobeNewswire – NEW YORK — The Rosen Law Firm, P.A. reminds investors of the important February 24, 2014 lead plaintiff deadline in the class action filed on behalf of purchasers of Teva Pharmaceutical Industries Limited …
Why You Need to Watch Teva, AMAG, AstraZeneca, and Nektar Therapeutics This Morning
Wed, 22 Jan 2014 14:18:57 GMT
Motley Fool – Teva Pharmaceutical, AMAG Pharmaceuticals, AstraZeneca, and Nektar Therapeutics could loom large in health-care headlines this morning. Here’s why.
Teva Acquisition Machine Gears Up: Who Is the Next Target?
Wed, 22 Jan 2014 12:30:30 GMT
24/7 Wall St. – Teva Pharmaceutical resume a deal-making strategy that made it one of the most acquisitive drug companies of the past decade. Could one of these biotech takeover candidates be the next target?
Teva asks Supreme Court to review Copaxone ruling, Globes reports
Wed, 22 Jan 2014 11:29:55 GMT
theflyonthewall.com – Teva asks Supreme Court to review Copaxone ruling, Globes reports
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