Gilead Sciences's most recent trend suggests a bearish bias. One trading opportunity on Gilead Sciences is a Bear Call Spread using a strike $80.00 short call and a strike $85.00 long call offers a potential 14.94% return on risk over the next 30 calendar days. Maximum profit would be generated if the Bear Call Spread were to expire worthless, which would occur if the stock were below $80.00 by expiration. The full premium credit of $0.65 would be kept by the premium seller. The risk of $4.35 would be incurred if the stock rose above the $85.00 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 28.61 level which suggests that the stock is neither overbought nor oversold at this time.
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LATEST NEWS for Gilead Sciences
Fund Strategists See Rosy Prognosis For Biotechs Stocks Like Biogen
Thu, 20 Mar 2014 22:21:00 GMT
Read This Twitter Chat About Gilead and the Cost of its Hep C Drug
Thu, 20 Mar 2014 21:54:00 GMT
Big Pharma Ramps Up Hep C Strategies
Wed, 19 Mar 2014 21:28:00 GMT
Idenix Files Lawsuit vs. Gilead Again
Wed, 19 Mar 2014 20:25:04 GMT
Biogen Faces Delay in FDA Action Date
Wed, 19 Mar 2014 16:50:09 GMT
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