Becton Dickinson's most recent trend suggests a bullish bias. One trading opportunity on Becton Dickinson is a Bull Put Spread using a strike $185.00 short put and a strike $175.00 long put offers a potential 10.5% return on risk over the next 14 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $185.00 by expiration. The full premium credit of $0.95 would be kept by the premium seller. The risk of $9.05 would be incurred if the stock dropped below the $175.00 long put strike price.
The 5-day moving average is moving up which suggests that the short-term momentum for Becton Dickinson 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 Becton Dickinson is bullish.
The RSI indicator is at 75.89 level which suggests that the stock is neither overbought nor oversold at this time.
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 Becton Dickinson
Becton, Dickinson at 52-Week High: What's Driving the Stock?
Wed, 31 May 2017 13:58:01 +0000
Share price of Becton, Dickinson and Company (BDX), based in Franklin Lakes, NJ, Becton, scaled a new 52-week high of $188.48 on May 30, eventually closing a bit lower at $188.07.
New Issue Corporate Bond Market Springs to Life Before Summer Slowdown
Tue, 30 May 2017 15:00:00 +0000
Issuers were looking to complete new issue debt offerings before the beginning of summer.
BD on the Street: The Latest Analyst Recommendations
Wed, 24 May 2017 11:36:16 +0000
BDX stock’s consensus 12-month target price is $189.89, which implies a ~3.1% return potential as compared to BD’s price of $184.13 on May 19.
BD Board Declares Dividend
Tue, 23 May 2017 20:30:00 +0000
FRANKLIN LAKES, N.J., May 23, 2017 /PRNewswire/ — The Board of Directors of BD (Becton, Dickinson and Company) (NYSE: BDX) has declared a quarterly dividend of 73 cents per common share, payable on June …
Analysts Expect Medtronic’s Revenue to Rise 4% in Fiscal 4Q17
Tue, 23 May 2017 15:05:43 +0000
Wall Street analysts expect Medtronic’s (MDT) revenue to be ~$7.9 billion in fiscal 4Q17, a rise of ~4% compared to its fiscal 4Q16 revenue of $7.6 billion.
Related Posts
Also on Market Tamer…
Follow Us on Facebook