Gilead Sciences's most recent trend suggests a bearish bias. One trading opportunity on Gilead Sciences is a Bear Call Spread using a strike $82.50 short call and a strike $87.50 long call offers a potential 10.86% return on risk over the next 15 calendar days. Maximum profit would be generated if the Bear Call Spread were to expire worthless, which would occur if the stock were below $82.50 by expiration. The full premium credit of $0.49 would be kept by the premium seller. The risk of $4.51 would be incurred if the stock rose above the $87.50 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 50.7 level which suggests that the stock is neither overbought nor oversold at this time.
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LATEST NEWS for Gilead Sciences
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Short-term bearish bet in Gilead
Fri, 07 Feb 2014 15:04:07 GMT
optionMONSTER – Gilead Sciences has fallen since reporting earnings earlier this week, and short-term traders are positioning for further losses. More than 3,100 February Weekly 76 puts that expire next Friday were purchased …
Is Gilead Sciences (GILD) a Great Growth Stock?
Fri, 07 Feb 2014 12:19:08 GMT
Zacks – Gilead Sciences can be a promising growth stock in the Biotechnology industry space backed by significant rise in estimates and strong potential for outperformance
Gilead Sciences Announces Fourth Quarter and Full Year 2013 Financial Results
Fri, 07 Feb 2014 11:27:21 GMT
noodls – – Fourth Quarter Product Sales of $3.04 billion, Up 21 percent Year over Year – – Full Year 2013 Product Sales of $10.80 billion, Up 15 percent Year over Year – FOSTER CITY, Calif.–(BUSINESS WIRE)–Feb. …
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