Merck's most recent trend suggests a bullish bias. One trading opportunity on Merck is a Bull Put Spread using a strike $59.00 short put and a strike $54.00 long put offers a potential 17.65% return on risk over the next 13 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $59.00 by expiration. The full premium credit of $0.75 would be kept by the premium seller. The risk of $4.25 would be incurred if the stock dropped below the $54.00 long put strike price.
The 5-day moving average is moving up which suggests that the short-term momentum for Merck 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 Merck is bullish.
The RSI indicator is at 60.34 level which suggests that the stock is neither overbought nor oversold at this time.
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LATEST NEWS for Merck
[$$] Big Pharma on mission to bring immunotherapy to more patients
Fri, 01 Jun 2018 03:30:55 +0000
When the first cancer immunotherapies were introduced in 2014, oncologists hailed them as the biggest advance since the advent of chemotherapy in the 1950s. But that early enthusiasm soon gave way to frustration: …
How GlaxoSmithKline’s Segments Performed in Q1 2018
Thu, 31 May 2018 19:15:11 +0000
GlaxoSmithKline’s (GSK) product portfolio is segregated into three segments: Pharmaceuticals, Vaccines, and Consumer Healthcare. GlaxoSmithKline reported a 2% YoY (year-over-year) fall in revenue to ~7.2 billion British pounds in Q1 2018 compared to Q1 2017.
How Novartis’s Business Segments Did in Q1
Thu, 31 May 2018 18:50:02 +0000
As discussed earlier, Novartis’s (NVS) revenue grew 10% YoY (year-over-year) in the first quarter, to ~$12.7 billion from ~$11.5 billion. Novartis breaks down its business into three segments: Innovative Medicines, which includes prescription medicines Sandoz, its generics business Alcon, its eyecare business
Pfizer Inc. Stock Desperately Needs a Viagra-Like Boost
Thu, 31 May 2018 18:14:07 +0000
Pfizer Inc. (NYSE:PFE) is a prime example of a company working a sweat but never actually getting anywhere. The spread between the highs and lows for PFE stock this year is nearly 18%, which suggests some direction. Pfizer is perhaps best known for developing Viagra, which I can appropriately describe as a “performance enhancer.” And one can presume that several men have “friends” that have enjoyed the drug’s potent benefits.
How Novartis’s Valuation Compares
Thu, 31 May 2018 15:46:21 +0000
This year, Switzerland-headquartered biopharmaceutical giant Novartis (NVS) has initiated several medical data and digital technology deals. These deals include the acquisition of Advanced Accelerator Applications and AveXis, a collaboration with Pear Therapeutics, and the divestment of its stake in its consumer healthcare joint venture to GlaxoSmithKline (GSK) for ~$13 billion.
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