Baxter's most recent trend suggests a bearish bias. One trading opportunity on Baxter is a Bear Call Spread using a strike $67.50 short call and a strike $72.50 long call offers a potential 9.65% return on risk over the next 29 calendar days. Maximum profit would be generated if the Bear Call Spread were to expire worthless, which would occur if the stock were below $67.50 by expiration. The full premium credit of $0.44 would be kept by the premium seller. The risk of $4.56 would be incurred if the stock rose above the $72.50 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 51.8 level which suggests that the stock is neither overbought nor oversold at this time.
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LATEST NEWS for Baxter
Midday Glance: Medical Devices companies
Fri, 18 Oct 2013 17:24:15 GMT
Analysts: Google a Buy Following Third-Quarter Results and 3 More Research Notes to Read
Fri, 18 Oct 2013 14:46:05 GMT
Wall St. Cheat Sheet – Here's what analysts are telling investors today.
Lightning Round: ADT, Take-Two & More
Thu, 17 Oct 2013 22:40:54 GMT
CNBC – Are you ready skeedaddy???!!! It's time for the Lightning Round. Cramer makes the call on viewer favorites.
Baxter International Management Discusses Q3 2013 Results – Earnings Call Transcript
Thu, 17 Oct 2013 18:00:11 GMT
Seeking Alpha – Robert L. Parkinson Thanks, Mary Kay. Good morning. Thanks for calling in. As you all saw on the press release that was issued earlier this morning, Baxter reported solid financial results for the third …
Baxter Meets Earnings, Misses Revs
Thu, 17 Oct 2013 14:50:03 GMT
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