Forest Labs's most recent trend suggests a bearish bias. One trading opportunity on Forest Labs is a Bear Call Spread using a strike $95.00 short call and a strike $100.00 long call offers a potential 12.36% return on risk over the next 25 calendar days. Maximum profit would be generated if the Bear Call Spread were to expire worthless, which would occur if the stock were below $95.00 by expiration. The full premium credit of $0.55 would be kept by the premium seller. The risk of $4.45 would be incurred if the stock rose above the $100.00 long call strike price.
The 5-day moving average is moving down which suggests that the short-term momentum for Forest Labs 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 Forest Labs is bearish.
The RSI indicator is at 32.22 level which suggests that the stock is neither overbought nor oversold at this time.
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LATEST NEWS for Forest Labs
Forest Laboratories, Inc. and Gedeon Richter Plc. Announce Positive Phase IIb Topline Results for Cariprazine as Adjunctive Therapy in the Treatment of Major Depressive Disorder
Fri, 21 Mar 2014 09:23:39 GMT
noodls – NEW YORK & BUDAPEST, Hungary–(BUSINESS WIRE)–Forest Laboratories, Inc. (NYSE:FRX) and Gedeon Richter Plc. today announced positive topline results from a Phase IIb trial evaluating the efficacy and safety …
Gedeon Richter Plc. and Forest Laboratories Inc., Announce Positive Phase IIb Topline Results for Cariprazine as Adjunctive Therapy in the Treatment of Major Depressive Disorder
Fri, 21 Mar 2014 08:15:02 GMT
noodls – The trial consisted of three treatment groups, cariprazine 1.0 – 2.0 mg/day + ADT and cariprazine 2.0 – 4.5 mg/day + ADT, and placebo + ADT. The group who received cariprazine 2.0 – 4.5 mg/day + ADT demonstrated …
Forest Laboratories, Inc. and Gedeon Richter Plc. Announce Positive Phase IIb Topline Results for Cariprazine as Adjunctive Therapy in the Treatment of Major Depressive Disorder
Fri, 21 Mar 2014 07:00:00 GMT
Business Wire – Forest Laboratories, Inc. and Gedeon Richter Plc. today announced positive topline results from a Phase IIb trial evaluating the efficacy and safety of the investigation
Fetal-Brain Protein Sparks in Old Age to Fight Dementia
Wed, 19 Mar 2014 18:00:00 GMT
Forest Laboratories' Recovery
Tue, 18 Mar 2014 23:29:31 GMT
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