Illumina's most recent trend suggests a bullish bias. One trading opportunity on Illumina is a Bull Put Spread using a strike $150.00 short put and a strike $140.00 long put offers a potential 6.95% return on risk over the next 10 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $150.00 by expiration. The full premium credit of $0.65 would be kept by the premium seller. The risk of $9.35 would be incurred if the stock dropped below the $140.00 long put strike price.
The 5-day moving average is moving up which suggests that the short-term momentum for Illumina 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 Illumina is bullish.
The RSI indicator is at 70.36 level which suggests that the stock is neither overbought nor oversold at this time.
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LATEST NEWS for Illumina
Illumina Launches the Illumina Accelerator Program, World’s First Genomics Incubator
Wed, 12 Feb 2014 21:24:13 GMT
noodls – Yuri Milner to Invest in Every Startup Joining the Accelerator, Silicon Valley Bank to Provide Additional Financing SAN DIEGO–(BUSINESS WIRE)–Feb. 12, 2014– Illumina, Inc. (NASDAQ:ILMN) today announced …
Illumina Launches the Illumina Accelerator Program, World’s First Genomics Incubator
Wed, 12 Feb 2014 16:11:32 GMT
noodls – Yuri Milner to Invest in Every Startup Joining the Accelerator, Silicon Valley Bank to Provide Additional Financing SAN DIEGO–(BUSINESS WIRE)–Feb. 12, 2014– Illumina, Inc. (NASDAQ:ILMN) today announced …
Illumina Launches the Illumina Accelerator Program, World’s First Genomics Incubator
Wed, 12 Feb 2014 11:30:00 GMT
Business Wire – Illumina, Inc. today announced the launch of the Illumina Accelerator Program, the world’s first business accelerator focused solely on creating an innovation ecosystem for the genomics industry.
Gap-Ups Point To Strength Among Select Big Caps
Mon, 10 Feb 2014 22:35:00 GMT
Will Illumina's Big Move Continue in 2014?
Mon, 10 Feb 2014 16:03:54 GMT
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