Allergan's most recent trend suggests a bullish bias. One trading opportunity on Allergan is a Bull Put Spread using a strike $240.00 short put and a strike $235.00 long put offers a potential 35.14% 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 $240.00 by expiration. The full premium credit of $1.30 would be kept by the premium seller. The risk of $3.70 would be incurred if the stock dropped below the $235.00 long put 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 up which suggests that the medium-term momentum for Allergan is bullish.
The RSI indicator is at 60.93 level which suggests that the stock is neither overbought nor oversold at this time.
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LATEST NEWS for Allergan
4:31 pm Allergan confirms FDA approval of Natrelle Inspira cohesive breast implants
Sun, 25 Sep 2016 20:31:00 GMT
Allergan Announces FDA Approval of NATRELLE INSPIRA® Cohesive Breast Implants
Fri, 23 Sep 2016 20:42:01 GMT
noodls – DUBLIN, Sept. 23, 2016 /PRNewswire/ — Allergan plc (NYSE: AGN) today announced the company has received approval from the U.S. Food and Drug Administration (FDA) to market NATRELLE INSPIRACohesive breast …
Allergan Announces FDA Approval of NATRELLE INSPIRA® Cohesive Breast Implants
Fri, 23 Sep 2016 20:28:00 GMT
PR Newswire – DUBLIN, Sept. 23, 2016 /PRNewswire/ — Allergan plc (AGN) today announced the company has received approval from the U.S. Food and Drug Administration (FDA) to market NATRELLE INSPIRA® Cohesive breast implants, offering women undergoing reconstruction, augmentation or revision surgery a new breast shaping option that combines a high gel fill ratio and Allergan's highly cohesive gel1,2 for a customized result. The new NATRELLE INSPIRA® Cohesive line of breast implants is the newest entry into the category of breast implants commonly referred to as “gummy” implants, designed for women who are interested in increased breast fullness.
Big trade buys time for gains in Allergan
Fri, 23 Sep 2016 14:22:50 GMT
[$$] US politicians lament inaction over price-gouging drug companies
Fri, 23 Sep 2016 13:37:34 GMT
Financial Times – The spectacle of pharma executives being hauled over the coals for “price gouging” US consumers has become a staple of American politics. This week it was the turn of Mylan chief executive, …
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