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 15.21% return on risk over the next 9 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 $0.66 would be kept by the premium seller. The risk of $4.34 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 29.94 level which suggests that the stock is neither overbought nor oversold at this time.
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LATEST NEWS for Gilead Sciences
Biotech Stocks: Blame Gilead?
Tue, 09 Aug 2016 14:49:00 GMT
This beaten-down biotech stock is a cure for your portfolio
Tue, 09 Aug 2016 11:17:36 GMT
10:23 am Gilead Sciences under sharp distribution as it dives nearly -2% off early highs..
Mon, 08 Aug 2016 14:23:00 GMT
Top Insider Trades: Amazon's Bezos; Northrop, Southwest, Gilead CEOs
Sat, 06 Aug 2016 12:00:18 GMT
GILEAD SCIENCES INC Files SEC form 10-Q, Quarterly Report
Fri, 05 Aug 2016 20:15:35 GMT
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