Baxter's most recent trend suggests a bullish bias. One trading opportunity on Baxter is a Bull Put Spread using a strike $79.00 short put and a strike $74.00 long put offers a potential 5.71% return on risk over the next 19 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $79.00 by expiration. The full premium credit of $0.27 would be kept by the premium seller. The risk of $4.73 would be incurred if the stock dropped below the $74.00 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 above 80 which suggests that the stock is in overbought territory.
To learn how to execute such a strategy while accounting for risk and reward in the context of smart portfolio management, and see how to trade live with a successful professional trader, view more here
LATEST NEWS for Baxter
Here is What Hedge Funds Think About Baxter International Inc. (BAX) Right Now
Thu, 28 Mar 2019 14:53:37 +0000
After several tireless days we have finished crunching the numbers from nearly 750 13F filings issued by the elite hedge funds and other investment firms that we track at Insider Monkey, which disclosed those firms' equity portfolios as of December 31. The results of that effort will be put on display in this article, as […]
Baxter Showcases PN Product Portfolio at ASPEN Conference
Thu, 28 Mar 2019 13:54:01 +0000
The launch of Clinolipid will be a crucial step toward Baxter's (BAX) goal of strengthening its lipid portfolio and offering enhanced health care to malnourished patients.
Moving Average Crossover Alert: Baxter International
Wed, 27 Mar 2019 12:49:12 +0000
Baxter International Inc. (BAX) is looking like an interesting pick from a technical perspective, as the company is seeing favorable trends on the moving average crossover front.
Baxter Highlights Advancements in Clinical Nutrition at ASPEN Conference
Tue, 26 Mar 2019 20:35:00 +0000
Reinforces the company’s efforts to innovate nutrition formulations and delivery mechanisms to meet the needs of patients
3 Large-Cap Stocks Hitting 52-Week Highs: Are They Buys?
Tue, 26 Mar 2019 10:00:00 +0000
Can these big high-flying stocks keep the momentum going?
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