Baxter's most recent trend suggests a bearish bias. One trading opportunity on Baxter is a Bear Call Spread using a strike $47.00 short call and a strike $52.50 long call offers a potential 8.06% return on risk over the next 21 calendar days. Maximum profit would be generated if the Bear Call Spread were to expire worthless, which would occur if the stock were below $47.00 by expiration. The full premium credit of $0.41 would be kept by the premium seller. The risk of $5.09 would be incurred if the stock rose above the $52.50 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 62.2 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. : BAX-US: Dividend Analysis : December 02nd, 2016 (record date) : By the numbers : January 26, 2017
Thu, 26 Jan 2017 17:40:40 GMT
Baxter to Present at the 6th Annual Leerink Partners Global Healthcare Conference
Thu, 19 Jan 2017 21:15:00 GMT
Business Wire – Baxter International Inc. will present at the 6th Annual Leerink Partners Global Healthcare Conference on Wednesday, February 15, 2017, in New York City. Jay Saccaro, Baxter’s chief financial officer, is scheduled to present at 1:30 p.m.
Baxter’s Renal Therapy Services Significantly Reduced Peritonitis Infections among Home Dialysis Patients
Thu, 19 Jan 2017 14:15:00 GMT
Business Wire – Renal Therapy Services , a global provider of kidney care services that is owned by Baxter International Inc. , announced that a continuous quality improvement program has reduced peritonitis by 65% over an eight-year period in 49 of its Renal Care Centers located in Colombia.
Spectrum Health Recognized for Excellence in Community Service with 2016 Foster G. McGaw Prize
Wed, 18 Jan 2017 15:00:00 GMT
Business Wire – In recognition of its cutting-edge programs and services to reach the underserved residents of Western Michigan, Spectrum Health is awarded the 2016 Foster G. McGaw Prize for Excellence in Community Service and will receive $100,000 for programs creating healthier and stronger communities.
Baxter (BAX): Sluggish Macro Environment Mars Prospects
Wed, 18 Jan 2017 12:49:12 GMT
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