Allergan's most recent trend suggests a bearish bias. One trading opportunity on Allergan is a Bear Call Spread using a strike $250.00 short call and a strike $260.00 long call offers a potential 49.25% return on risk over the next 30 calendar days. Maximum profit would be generated if the Bear Call Spread were to expire worthless, which would occur if the stock were below $250.00 by expiration. The full premium credit of $3.30 would be kept by the premium seller. The risk of $6.70 would be incurred if the stock rose above the $260.00 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 71.11 level which suggests that the stock is neither overbought nor oversold at this time.
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LATEST NEWS for Allergan
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Tue, 14 Jun 2016 19:36:00 GMT
Allergan Reaches Out To Family Caregivers Of People With Alzheimer's Disease With New PSA, Website
Tue, 14 Jun 2016 13:19:09 GMT
noodls – DUBLIN, June 14, 2016 /PRNewswire/ — Allergan plc (NYSE: AGN), a leading global pharmaceutical company, today announced its support of two new caregiver initiatives, a public service announcement (PSA) …
Allergan Reaches Out To Family Caregivers Of People With Alzheimer's Disease With New PSA, Website
Tue, 14 Jun 2016 12:31:00 GMT
PR Newswire – DUBLIN, June 14, 2016 /PRNewswire/ — Allergan plc (AGN), a leading global pharmaceutical company, today announced its support of two new caregiver initiatives, a public service announcement (PSA) and a caregiver resource website. Allergan partnered with the Alzheimer's Foundation of America (AFA) and Kim Campbell—wife of country music legend, Glen Campbell, who is battling Alzheimer's disease—on a PSA to educate caregivers and family members about the signs and symptoms of moderate stage Alzheimer's disease and where to turn for support. “As the Campbell family understands firsthand, it is critical that families of people with Alzheimer's disease know where to turn for help and support,” said Charles J. Fuschillo, Jr., AFA's president and chief executive officer.
Allergan (AGN) Stock Advances After Dr. Reddy's Deal
Mon, 13 Jun 2016 19:56:00 GMT
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