Baxter's most recent trend suggests a bullish bias. One trading opportunity on Baxter is a Bull Put Spread using a strike $67.50 short put and a strike $62.50 long put offers a potential 15.74% return on risk over the next 29 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $67.50 by expiration. The full premium credit of $0.68 would be kept by the premium seller. The risk of $4.32 would be incurred if the stock dropped below the $62.50 long put strike price.
The 5-day moving average is moving up which suggests that the short-term momentum for Baxter 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 up which suggests that the medium-term momentum for Baxter is bullish.
The RSI indicator is at 56.25 level which suggests that the stock is neither overbought nor oversold at this time.
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LATEST NEWS for Baxter
BAXTER INTERNATIONAL INC Financials
Sat, 13 Jun 2015 17:04:05 GMT
Rise in Jobless Claims Fails to Deter the Consumer Sector
Fri, 12 Jun 2015 18:33:40 GMT
Pacritinib Phase 3 Study Shows Positive Results In Patient Reported Outcomes Measuring Quality Of Life In Patients With Myelofibrosis
Fri, 12 Jun 2015 07:30:00 GMT
PR Newswire – VIENNA, June 12, 2015 /PRNewswire/ — CTI BioPharma Corp. (CTI BioPharma) (NASDAQ and MTA: CTIC) and Baxter International's BioScience business (NYSE: BAX) today announced new patient-reported outcome …
Edited Transcript of BAX presentation 10-Jun-15 8:20pm GMT
Thu, 11 Jun 2015 14:50:28 GMT
Baxter's Baxalta Form 10 Effective, Spin-Off Slated for July 1 – Analyst Blog
Wed, 10 Jun 2015 18:40:06 GMT
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