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 19.05% return on risk over the next 32 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 $1.60 would be kept by the premium seller. The risk of $8.40 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 46.62 level which suggests that the stock is neither overbought nor oversold at this time.
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LATEST NEWS for Gilead Sciences
[$$] Gilead Cancer Treatment Fails
Wed, 17 Sep 2014 10:58:35 GMT
6:01 am Gilead Sciences announces data from Phase 2 study of Simtuzumab for previously untreated pancreatic cancer; the addition of simtuzumab (200 mg or 700 mg) to gemcitabine did not significantly increase progression-free survival compar
Wed, 17 Sep 2014 10:01:00 GMT
Gilead Announces Data From Phase 2 Study of Simtuzumab for Previously Untreated Pancreatic Cancer
Wed, 17 Sep 2014 10:00:00 GMT
Business Wire – Gilead Sciences, Inc. today announced results from a Phase 2 study evaluating simtuzumab, an investigational inhibitor of lysyl oxidase-like-2 , in combination with gemcitabine for patients with previously untreated advanced pancreatic cancer.
Gilead Sciences
Tue, 16 Sep 2014 22:53:00 GMT
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