Quest Diagnostics Offering Possible 5.26% Return Over the Next 29 Calendar Days

Quest Diagnostics's most recent trend suggests a bearish bias. One trading opportunity on Quest Diagnostics is a Bear Call Spread using a strike $55.00 short call and a strike $65.00 long call offers a potential 5.26% 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 $0.50 would be kept by the premium seller. The risk of $9.50 would be incurred if the stock rose above the $65.00 long call strike price.

The 5-day moving average is moving down which suggests that the short-term momentum for Quest Diagnostics 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 Quest Diagnostics is bearish.

The RSI indicator is below 20 which suggests that the stock is in oversold territory.

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LATEST NEWS for Quest Diagnostics

Buying Opportunity Among Lab Stocks?
Wed, 18 Dec 2013 16:22:00 GMT

DGX Ups Low-End of 2013 EPS, Restates Revs
Fri, 13 Dec 2013 22:40:04 GMT

Will Quest Diagnostics Have a Happy, Healthy 2014?
Fri, 13 Dec 2013 17:05:00 GMT

Quest Diagnostics Updates Revenue and Adjusted Diluted EPS Guidance for Full-Year 2013
Fri, 13 Dec 2013 12:46:39 GMT
noodls – MADISON, N.J., Dec. 12, 2013 /PRNewswire/ — Quest Diagnostics (NYSE: DGX), the world's leading provider of diagnostic information services, today updated its estimates for full-year 2013 revenues and …

Bearish play in Quest Diagnostics
Fri, 13 Dec 2013 09:14:12 GMT

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