Gilead Sciences's most recent trend suggests a bullish bias. One trading opportunity on Gilead Sciences is a Bull Put Spread using a strike $101.00 short put and a strike $96.00 long put offers a potential 33.69% return on risk over the next 30 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $101.00 by expiration. The full premium credit of $1.26 would be kept by the premium seller. The risk of $3.74 would be incurred if the stock dropped below the $96.00 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 above 80 which suggests that the stock is in overbought territory.
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LATEST NEWS for Gilead Sciences
Why Gilead Sciences (GILD) Could Beat Earnings Estimates Again
Fri, 22 Aug 2014 10:50:35 GMT
Achillion Attains 52-Week High on ACH-3102 Patent Protection
Thu, 21 Aug 2014 20:00:02 GMT
Jim Cramer's Stop Trading: Don't Worry About Gilead Sciences
Thu, 21 Aug 2014 15:10:00 GMT
Gilead (GILD) Hits 52-Week High Thanks to Sovaldi
Thu, 21 Aug 2014 12:56:05 GMT
The Zacks Analyst Blog Highlights: Johnson & Johnson, Tekmira Pharmaceuticals, Gilead Sciences, Allergan and Supernus Pharmaceuticals
Thu, 21 Aug 2014 11:45:52 GMT
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