Gilead Sciences's most recent trend suggests a bullish bias. One trading opportunity on Gilead Sciences is a Bull Put Spread using a strike $95.00 short put and a strike $90.00 long put offers a potential 32.98% return on risk over the next 12 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $95.00 by expiration. The full premium credit of $1.24 would be kept by the premium seller. The risk of $3.76 would be incurred if the stock dropped below the $90.00 long put strike price.
The 5-day moving average is moving up which suggests that the short-term momentum for Gilead Sciences is bullish and the probability of a rise in share price is higher if the stock starts trending.
The 20-day moving average is moving up which suggests that the medium-term momentum for Gilead Sciences is bullish.
The RSI indicator is at 41.66 level which suggests that the stock is neither overbought nor oversold at this time.
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LATEST NEWS for Gilead Sciences
[$$] CVS Gives Preferred Status to Gilead’s Hepatitis C Drugs
Tue, 06 Jan 2015 06:23:57 GMT
The Wall Street Journal – The battle for supremacy in one of the fastest-growing pharmaceutical markets intensified, with CVS Health saying it will make Gilead Sciences’ drugs Sovaldi and Harvoni the exclusive options for hepatitis …
Gilead hepatitis-C drug wins CVS/Caremark backing
Mon, 05 Jan 2015 23:09:08 GMT
Financial Times – One of the largest US pharmacy groups has said it will make a $1,000-a-day pill the exclusive treatment for hepatitis-C sufferers, boosting Gilead, the drug's maker which recently lost the backing of America's …
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Mon, 05 Jan 2015 22:45:00 GMT
Gilead makes exclusive deal with CVS for hepatitis C drugs
Mon, 05 Jan 2015 22:17:37 GMT
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