Abbott Labs's most recent trend suggests a bullish bias. One trading opportunity on Abbott Labs is a Bull Put Spread using a strike $45.00 short put and a strike $40.00 long put offers a potential 7.99% return on risk over the next 16 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $45.00 by expiration. The full premium credit of $0.37 would be kept by the premium seller. The risk of $4.63 would be incurred if the stock dropped below the $40.00 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 60.47 level which suggests that the stock is neither overbought nor oversold at this time.
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LATEST NEWS for Abbott Labs
Impact of Malnutrition in U.S. at $157 Billion Annually
Thu, 04 Dec 2014 16:00:00 GMT
PR Newswire – ABBOTT PARK, Ill., Dec. 4, 2014 /PRNewswire/ — Even in food-abundant industrialized countries like the U.S., an alarming number of people, particularly seniors, are in a state of diseased-associated malnutrition …
Bulls can't get enough of Abbott Labs
Wed, 03 Dec 2014 18:21:14 GMT
Abbott Goes Beyond House of Brands, Boosts Parent Company Marketing
Wed, 03 Dec 2014 16:54:48 GMT
Abbott Labs attracts bullish trades
Wed, 03 Dec 2014 12:14:10 GMT
Your first trade tomorrow: CP, ABT, BBRY & F
Tue, 02 Dec 2014 22:58:00 GMT
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