Alexion Pharma's most recent trend suggests a bullish bias. One trading opportunity on Alexion Pharma is a Bull Put Spread using a strike $90.00 short put and a strike $80.00 long put offers a potential 11.11% return on risk over the next 27 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $90.00 by expiration. The full premium credit of $1.00 would be kept by the premium seller. The risk of $9.00 would be incurred if the stock dropped below the $80.00 long put strike price.
The 5-day moving average is moving up which suggests that the short-term momentum for Alexion 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 Alexion Pharma is bullish.
The RSI indicator is at 70.88 level which suggests that the stock is neither overbought nor oversold at this time.
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LATEST NEWS for Alexion Pharma
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Alexion to Report First Quarter Results and Provide Update on COVID-19 on Wednesday, May 6th, 2020
Thu, 09 Apr 2020 21:25:00 +0000
Alexion Pharmaceuticals, Inc. (Nasdaq: ALXN) today announced that the Company will report its financial results for the first quarter ended March 31, 2020 before the US financial markets open on May 6, 2020. Following the release of the financial results, Alexion management will conduct a conference call and audio webcast at 8:00 a.m. Eastern Time (ET).
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Mon, 06 Apr 2020 22:26:17 +0000
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