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 11.36% return on risk over the next 32 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 $0.51 would be kept by the premium seller. The risk of $4.49 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 76.39 level which suggests that the stock is neither overbought nor oversold at this time.
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LATEST NEWS for Baxter
Baxter, Cell Therapeutics to Jointly Develop Pacritinib
Tue, 19 Nov 2013 19:00:02 GMT
Zacks – According to the agreement, Baxter will provide an upfront payment of $60 million, including a $30 million equity investment in CTIC
Midday Glance: Medical Devices companies
Tue, 19 Nov 2013 18:19:27 GMT
Midday Glance: Medical Devices companies
Tue, 19 Nov 2013 18:19:27 GMT
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Mon, 18 Nov 2013 22:07:00 GMT
Unusual Social Activity Today Around Baxter International (BAX)
Mon, 18 Nov 2013 21:06:00 GMT
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