Gilead Sciences's most recent trend suggests a bearish bias. One trading opportunity on Gilead Sciences is a Bear Call Spread using a strike $110.00 short call and a strike $120.00 long call offers a potential 11.11% return on risk over the next 31 calendar days. Maximum profit would be generated if the Bear Call Spread were to expire worthless, which would occur if the stock were below $110.00 by expiration. The full premium credit of $1.00 would be kept by the premium seller. The risk of $9.00 would be incurred if the stock rose above the $120.00 long call strike price.
The 5-day moving average is moving down which suggests that the short-term momentum for Gilead Sciences 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 Gilead Sciences is bearish.
The RSI indicator is at 24.53 level which suggests that the stock is neither overbought nor oversold at this time.
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LATEST NEWS for Gilead Sciences
Gilead Gains on Harvoni's EU Approval for HCV Treatment
Wed, 19 Nov 2014 21:57:56 GMT
How Much? Gilead Pays $125M For an FDA Priority Review Voucher
Wed, 19 Nov 2014 20:41:50 GMT
Gilead Sciences: The Worst Case Scenario?
Wed, 19 Nov 2014 18:12:00 GMT
Biotech Stock Roundup: Geron Soars on $935M J&J Deal, Gilead's Harvoni Approved in the EU
Wed, 19 Nov 2014 15:23:35 GMT
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