Gilead Sciences's most recent trend suggests a bearish bias. One trading opportunity on Gilead Sciences is a Bear Call Spread using a strike $102.00 short call and a strike $107.00 long call offers a potential 21.36% return on risk over the next 8 calendar days. Maximum profit would be generated if the Bear Call Spread were to expire worthless, which would occur if the stock were below $102.00 by expiration. The full premium credit of $0.88 would be kept by the premium seller. The risk of $4.12 would be incurred if the stock rose above the $107.00 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 44.88 level which suggests that the stock is neither overbought nor oversold at this time.
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LATEST NEWS for Gilead Sciences
Cramer Remix: Is North Korea a reason to sell?
Thu, 07 Jan 2016 00:00:00 GMT
Biotech Stock Roundup: MannKind Tanks on Deal Termination, Speedy Review for Gilead Drug
Wed, 06 Jan 2016 19:50:07 GMT
Gilead Up on Encouraging Data on Tenofovir Alafenamide
Wed, 06 Jan 2016 19:40:07 GMT
Gilead Sciences: Why Its Halted Trial Doesn't Matter
Wed, 06 Jan 2016 16:45:00 GMT
Company News for January 06, 2016
Wed, 06 Jan 2016 15:10:03 GMT
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