Teva Pharma's most recent trend suggests a bullish bias. One trading opportunity on Teva Pharma is a Bull Put Spread using a strike $46.00 short put and a strike $41.00 long put offers a potential 9.89% return on risk over the next 25 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $46.00 by expiration. The full premium credit of $0.45 would be kept by the premium seller. The risk of $4.55 would be incurred if the stock dropped below the $41.00 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 75.56 level which suggests that the stock is neither overbought nor oversold at this time.
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LATEST NEWS for Teva Pharma
Update on Teva's DuoResp Spiromax
Tue, 25 Feb 2014 22:00:06 GMT
Teva UK Limited Launches Lonquex[®▼](lipegfilgrastim) – A New Long-Acting G-CSF
Tue, 25 Feb 2014 17:16:00 GMT
PR Newswire – Teva UK Limited has today launched Lonquex® (lipegfilgrastim) in the UK. Lonquex® is indicated for the reduction of the duration of neutropenia and the incidence of febrile neutropenia in adult patients treated with cytotoxic chemotherapy for malignancy (with the exception of chronic myeloid leukaemia and myelodysplastic syndromes). Lonquex® has undergone a full clinical development programme as part of the efficacy and tolerability assessment for use with chemotherapy patients. The European Medicines Agency (EMA) recommended approval for Lonquex® in this indication in July 2013. The UK launch is part of a Europe-wide market launch of the medicine, and it has already been launched in several European markets, including Germany, the Netherlands and Ireland.
Hot health care trades
Tue, 25 Feb 2014 17:15:00 GMT
Teva rises after analyst raises price target
Tue, 25 Feb 2014 16:02:24 GMT
Teva Files 2013 Annual Report on Form 20-F
Mon, 24 Feb 2014 19:41:00 GMT
Business Wire – In accordance with Section 203.01 of the New York Stock Exchange Listed Company Manual, Teva Pharmaceutical Industries Ltd. announced today that it has filed its 2013 Annual Report on Form 20-F with the U.S.
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