Baxter's most recent trend suggests a bearish bias. One trading opportunity on Baxter is a Bear Call Spread using a strike $72.50 short call and a strike $77.50 long call offers a potential 20.48% return on risk over the next 22 calendar days. Maximum profit would be generated if the Bear Call Spread were to expire worthless, which would occur if the stock were below $72.50 by expiration. The full premium credit of $0.85 would be kept by the premium seller. The risk of $4.15 would be incurred if the stock rose above the $77.50 long call strike price.
The 5-day moving average is moving down which suggests that the short-term momentum for Baxter 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 Baxter is bearish.
The RSI indicator is at 45.44 level which suggests that the stock is neither overbought nor oversold at this time.
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LATEST NEWS for Baxter
Can Biogen Dethrone Baxter in Hemophilia?
Sat, 26 Apr 2014 22:30:05 GMT
Why Investors Should Love Biogen's Earnings Miss
Thu, 24 Apr 2014 22:38:25 GMT
Baxter to Present at the Deutsche Bank 39th Annual Health Care Conference
Thu, 24 Apr 2014 20:15:00 GMT
Business Wire – Baxter International Inc. announced today that it will present at the Deutsche Bank 39th Annual Health Care Conference on Wednesday, May 7, 2014 at 3:10 p.m. .
Insider Trading Alert – AWAY, URI And BAX Traded By Insiders
Wed, 23 Apr 2014 14:30:00 GMT
Earnings Roundup: Baxter International Grows Ahead of Its Spin-Off
Wed, 23 Apr 2014 13:04:00 GMT
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