Abbott Labs's most recent trend suggests a bullish bias. One trading opportunity on Abbott Labs is a Bull Put Spread using a strike $140.00 short put and a strike $135.00 long put offers a potential 35.5% 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 $140.00 by expiration. The full premium credit of $1.31 would be kept by the premium seller. The risk of $3.69 would be incurred if the stock dropped below the $135.00 long put strike price.
The 5-day moving average is moving up which suggests that the short-term momentum for Abbott Labs 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 Abbott Labs is bullish.
The RSI indicator is at 70.9 level which suggests that the stock is neither overbought nor oversold at this time.
To learn how to execute such a strategy while accounting for risk and reward in the context of smart portfolio management, and see how to trade live with a successful professional trader, view more here
LATEST NEWS for Abbott Labs
The Zacks Analyst Blog Highlights: Apple, Abbott Laboratories, Infosys, General Motors and NIO
Thu, 30 Dec 2021 10:17:10 +0000
The Zacks Analyst Blog Highlights: Apple, Abbott Laboratories, Infosys, General Motors and NIO
COVID-19: ‘You’re going to see increased hospitalizations based on the sheer volume,' says Dr. Rajeev Fernando
Wed, 29 Dec 2021 21:56:44 +0000
Dr. Rajeev Fernando, Harvard Medical School Fellow in disaster medicine, joins Yahoo Finance to talk about the impact Omicron is having on the health care system.
Top Stock Reports for Apple, Abbott & Infosys
Wed, 29 Dec 2021 17:57:05 +0000
Today's Research Daily features new research reports on 16 major stocks, including Apple Inc. (AAPL), Abbott Laboratories (ABT), and Infosys Limited (INFY).
Abbott (ABT) Diagnostic and Nutrition Arms Grow Worldwide
Wed, 29 Dec 2021 15:11:03 +0000
Abbott (ABT) registers strong growth in its more consumer-facing businesses like nutrition, established pharmaceuticals and diabetes care.
Abbott (ABT) Dips More Than Broader Markets: What You Should Know
Tue, 28 Dec 2021 23:00:11 +0000
Abbott (ABT) closed at $140.47 in the latest trading session, marking a -0.7% move from the prior day.
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