Henry Schein's most recent trend suggests a bearish bias. One trading opportunity on Henry Schein is a Bear Call Spread using a strike $55.00 short call and a strike $60.00 long call offers a potential 14.94% return on risk over the next 29 calendar days. Maximum profit would be generated if the Bear Call Spread were to expire worthless, which would occur if the stock were below $55.00 by expiration. The full premium credit of $0.65 would be kept by the premium seller. The risk of $4.35 would be incurred if the stock rose above the $60.00 long call strike price.
The 5-day moving average is moving down which suggests that the short-term momentum for Henry Schein 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 Henry Schein is bearish.
The RSI indicator is at 36 level which suggests that the stock is neither overbought nor oversold at this time.
To learn how to execute such a strategy while accounting for risk and reward in the context of smart portfolio management, and see how to trade live with a successful professional trader, view more here
LATEST NEWS for Henry Schein
Henry Schein (HSIC) Expands by Signing JV With Casa Schmidt
Wed, 11 Mar 2020 13:16:01 +0000
Henry Schein (HSIC) strengthens position in Spain and Portugal by signing a JV with Casa Schmidt.
Henry Schein Forms Joint Venture With Casa Schmidt to Serve Dental Professionals in Spain and Portugal
Tue, 10 Mar 2020 20:05:00 +0000
Henry Schein and Casa Schmidt to form joint venture to serve dental professionals in Spain and Portugal.
3 MedTech Stocks to Rebound After Coronavirus-Led Recoil
Fri, 06 Mar 2020 14:13:02 +0000
As the coronavirus chaos continues to rise, MedTech firms have been witnessing a spike in demand for protective respiratory equipment.
DENMAT HOLDINGS, LLC APPOINTS NEW EXCLUSIVE DISTRIBUTOR IN CANADA
Thu, 05 Mar 2020 13:00:10 +0000
Lompoc, CA, March 05, 2020 — DenMat Holdings, LLC (“DenMat”), today announced that it has entered into an exclusive distribution agreement with Henry Schein Canada., a.
Here's Why You Should Retain Henry Schein (HSIC) Stock Now
Thu, 05 Mar 2020 11:22:11 +0000
Investor confidence continues to be high in Henry Schein (HSIC) stock, courtesy of solid prospects.
Related Posts
Also on Market Tamer…
Follow Us on Facebook