Anthem Inc's most recent trend suggests a bearish bias. One trading opportunity on Anthem Inc is a Bear Call Spread using a strike $129.00 short call and a strike $135.00 long call offers a potential 16.05% return on risk over the next 10 calendar days. Maximum profit would be generated if the Bear Call Spread were to expire worthless, which would occur if the stock were below $129.00 by expiration. The full premium credit of $0.83 would be kept by the premium seller. The risk of $5.17 would be incurred if the stock rose above the $135.00 long call strike price.
The 5-day moving average is moving up which suggests that the short-term momentum for Anthem Inc 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 down which suggests that the medium-term momentum for Anthem Inc is bearish.
The RSI indicator is at 43.41 level which suggests that the stock is neither overbought nor oversold at this time.
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LATEST NEWS for Anthem Inc
Look, Anthem — maybe Cigna's just not that into you
Mon, 08 Aug 2016 20:50:10 GMT
Cigna Talks About Plan B as U.S. Challenge to Anthem Bid Looms
Fri, 05 Aug 2016 20:57:17 GMT
U.S. challenge to Anthem-Cigna deal gets new judge
Fri, 05 Aug 2016 18:28:46 GMT
Reuters – The judge overseeing the U.S. government's bid to stop health insurer Anthem Inc from buying Cigna Corp, who had been seen as favorable for the deal, has relinquished the case. Judge Amy Berman Jackson of the U.S. District Court for the District of Columbia was named to hear the case after Judge John Bates asked that it be reassigned. Jackson was nominated to the bench in 2011 by President Barack Obama, a Democrat.
Aetna Judge Hands Off Anthem Merger Case to Speed Trials
Fri, 05 Aug 2016 15:28:07 GMT
U.S. challenge to Anthem-Cigna deal to get new judge
Fri, 05 Aug 2016 14:34:06 GMT
Reuters – The judge assigned to decide whether two major U.S. insurance mergers may go forward ruled on Friday that he will send Anthem's deal to buy Cigna for assignment to a new judge. Judge John Bates had said …
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