Allergan's most recent trend suggests a bearish bias. One trading opportunity on Allergan is a Bear Call Spread using a strike $225.00 short call and a strike $230.00 long call offers a potential 31.58% return on risk over the next 17 calendar days. Maximum profit would be generated if the Bear Call Spread were to expire worthless, which would occur if the stock were below $225.00 by expiration. The full premium credit of $1.20 would be kept by the premium seller. The risk of $3.80 would be incurred if the stock rose above the $230.00 long call strike price.
The 5-day moving average is moving down which suggests that the short-term momentum for Allergan 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 Allergan is bearish.
The RSI indicator is below 20 which suggests that the stock is in oversold territory.
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 Allergan
ALLERGAN 96 HOUR DEADLINE ALERT: Approximately 96 Hours Remain; Former Louisiana Attorney General and Kahn Swick & Foti, LLC Remind Investors of Deadline in Class Action Lawsuit against Allergan, Inc. – (AGN)
Sat, 26 Aug 2017 02:50:00 +0000
Kahn Swick & Foti, LLC and KSF partner, the former Attorney General of Louisiana, Charles C. Foti, Jr., remind investors with large financial interests that they have only until August 29, 2017 to file lead plaintiff applications in a securities class action lawsuit against Allergan, Inc.
Allergan to Present at the 2017 Morgan Stanley Global Healthcare Conference
Fri, 25 Aug 2017 12:00:00 +0000
DUBLIN, Aug. 25, 2017 /PRNewswire/ — Allergan plc (AGN), a leading global biopharmaceutical company, today announced that Chief Financial Officer Maria Teresa Hilado and Chief Research and Development Officer David Nicholson will present at the 2017 Morgan Stanley Global Healthcare Conference at the Grand Hyatt in New York, NY. The presentation will be webcast live and can be accessed on Allergan's Investor Relations website at www.allergan.com/investors. Allergan plc (AGN), headquartered in Dublin, Ireland, is a bold, global pharmaceutical company and a leader in a new industry model – Growth Pharma. Allergan is focused on developing, manufacturing and commercializing branded pharmaceutical, device, biologic, surgical and regenerative medicine products for patients around the world.
3 Top Healthcare Stocks to Buy Now
Fri, 25 Aug 2017 02:03:00 +0000
This year's healthcare rally hasn't swept these quality stocks along with the rest of the sector. At least not yet.
Key Developments for Allergan in 2Q17
Wed, 23 Aug 2017 13:07:03 +0000
Allergan (AGN) is a leading pharmaceuticals company involved with pharmaceuticals, over-the-counter products, eye care, and aesthetics products.
The Zacks Analyst Blog Highlights: Allergan, Ecolab, Exelon, GlaxoSmithKline and Rockwell Collins
Wed, 23 Aug 2017 12:31:12 +0000
The Zacks Analyst Blog Highlights: Allergan, Ecolab, Exelon, GlaxoSmithKline and Rockwell Collins
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