Teva Pharma's most recent trend suggests a bullish bias. One trading opportunity on Teva Pharma is a Bull Put Spread using a strike $40.00 short put and a strike $35.00 long put offers a potential 16.01% return on risk over the next 26 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $40.00 by expiration. The full premium credit of $0.69 would be kept by the premium seller. The risk of $4.31 would be incurred if the stock dropped below the $35.00 long put strike price.
The 5-day moving average is moving up which suggests that the short-term momentum for Teva Pharma 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 Teva Pharma is bullish.
The RSI indicator is above 80 which suggests that the stock is in overbought territory.
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LATEST NEWS for Teva Pharma
Teva and Mylan Settle Copaxone® Patent Litigation in France, the UK and the Netherlands
Mon, 25 Nov 2013 14:40:23 GMT
noodls – PITTSBURGH, Nov. 25, 2013 /PRNewswire/ — Teva Pharmaceutical Industries (NYSE: TEVA) and Mylan Inc. (NASDAQ: MYL) today announce that certain of their affiliates have agreed to settle and dismiss pending …
Teva and Mylan Settle Copaxone® Patent Litigation in France, the UK and the Netherlands
Mon, 25 Nov 2013 13:55:00 GMT
Business Wire – Teva Pharmaceutical Industries and Mylan Inc. today announce that certain of their affiliates have agreed to settle and dismiss pending patent litigation involving Copaxone® in the United Kingdom, the Netherlands and France relating to non-infringement and the validity of European Patent 0,762,888, which expires in May 2015.
Teva recommended on weakness at CRT Capital
Mon, 25 Nov 2013 13:45:23 GMT
theflyonthewall.com – CRT Capital recommends buying Teva on weakness related to reports the company will lower 2014 guidance as valuation already reflects a worst-case scenario.
InPlay: Teva Pharma and Mylan (MYL) settle Copaxone patent litigation in France, the UK and the Netherlands
Mon, 25 Nov 2013 13:02:54 GMT
Teva and Mylan Settle Copaxone® Patent Litigation in France, the UK and the Netherlands
Mon, 25 Nov 2013 13:00:00 GMT
PR Newswire – PITTSBURGH, Nov. 25, 2013 /PRNewswire/ — Teva Pharmaceutical Industries (TEVA) and Mylan Inc. (MYL) today announce that certain of their affiliates have agreed to settle and dismiss pending patent litigation involving Copaxone® (glatiramer acetate) in the United Kingdom, the Netherlands and France relating to non-infringement and the validity of European Patent 0,762,888, which expires in May 2015. Mylan is a global pharmaceutical company committed to setting new standards in health care.
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