St Jude's most recent trend suggests a bullish bias. One trading opportunity on St Jude is a Bull Put Spread using a strike $65.00 short put and a strike $55.00 long put offers a potential 6.95% return on risk over the next 9 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $65.00 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 $55.00 long put strike price.
The 5-day moving average is moving down which suggests that the short-term momentum for St Jude 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 St Jude is bearish.
The RSI indicator is below 20 which suggests that the stock is in oversold territory.
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LATEST NEWS for St Jude
Investors Stick With Health Care Stocks
Thu, 09 Jan 2014 17:15:07 GMT
Medtronic Nerve-Burning Device Fails in Clinical Trial
Thu, 09 Jan 2014 16:58:30 GMT
Bloomberg – Testing on a Medtronic Inc. device used to cauterize nerve endings to treat high blood pressure has been suspended after the procedure failed to help patients.
Merrill Lynch Top Medical Technology Stocks to Buy for 2014
Thu, 09 Jan 2014 13:45:47 GMT
Medical Device Maker Could Surprise Analysts With a Quick 20% Gain
Wed, 08 Jan 2014 15:02:09 GMT
StreetAuthority Network – When you're hot, you're hot, and medical device maker Boston Scientific (NYSE: BSX) is sizzling. On Monday, the stock spiked 3.35% to a four-year high after receiving a double dose of upgrades from analysts …
Health Care Stays Hot as New Year Kicks Off
Tue, 07 Jan 2014 18:41:49 GMT
Fox Business – After shining bright in 2013, health-care stocks like UnitedHealth and Thermo Fisher Scientific continue to hit new record highs early this year.
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