Allergan's most recent trend suggests a bearish bias. One trading opportunity on Allergan is a Bear Call Spread using a strike $210.00 short call and a strike $220.00 long call offers a potential 45.99% return on risk over the next 31 calendar days. Maximum profit would be generated if the Bear Call Spread were to expire worthless, which would occur if the stock were below $210.00 by expiration. The full premium credit of $3.15 would be kept by the premium seller. The risk of $6.85 would be incurred if the stock rose above the $220.00 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 at 34.93 level which suggests that the stock is neither overbought nor oversold at this time.
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LATEST NEWS for Allergan
COTCHETT, PITRE & McCARTHY, LLP Files Class Action Lawsuit on Behalf of Persons Who Sold Allergan Stock Between February 25, 2014 and April 21, 2014
Wed, 17 Dec 2014 18:47:00 GMT
Business Wire – COTCHETT, PITRE & McCARTHY, LLP today announced that a class action has been commenced in the United States District Court for the Central District of California on behalf of persons who sold Allergan, Inc.
Deadline in Lawsuit for Certain Sellers of Allergan, Inc. (AGN) Shares Announced by Shareholders Foundation
Wed, 17 Dec 2014 16:15:00 GMT
GlobeNewswire – SAN DIEGO — The Shareholders Foundation, Inc. announces that a lawsuit was filed on behalf of investors who SOLD shares of Allergan, Inc. (AGN) between February 25, 2014 and April 21, 2014, over alleged …
Allergan downgraded by UBS
Wed, 17 Dec 2014 16:06:04 GMT
BOTTINI & BOTTINI, INC. Files Class Action Lawsuit On Behalf Of Persons Who Sold Allergan Stock Between February 25, 2014 And April 21, 2014
Wed, 17 Dec 2014 14:30:00 GMT
PR Newswire – SAN DIEGO, Dec. 17, 2014 /PRNewswire/ — BOTTINI & BOTTINI, INC. ( http://www.bottinilaw.com ) today announced that a class action has been commenced in the United States District Court for the Central …
Few Allergan execs to keep top jobs in Actavis takeover
Wed, 17 Dec 2014 03:12:00 GMT
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