Teva Pharma's most recent trend suggests a bearish bias. One trading opportunity on Teva Pharma is a Bear Call Spread using a strike $37.50 short call and a strike $42.50 long call offers a potential 4.38% return on risk over the next 10 calendar days. Maximum profit would be generated if the Bear Call Spread were to expire worthless, which would occur if the stock were below $37.50 by expiration. The full premium credit of $0.21 would be kept by the premium seller. The risk of $4.79 would be incurred if the stock rose above the $42.50 long call 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 down which suggests that the medium-term momentum for Teva Pharma is bearish.
The RSI indicator is below 20 which suggests that the stock is in oversold territory.
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LATEST NEWS for Teva Pharma
Teva seeks stay of Copaxone ruling, Reuters reports
Tue, 05 Nov 2013 16:29:05 GMT
theflyonthewall.com – Teva seeks stay of Copaxone ruling, Reuters reports
Endo Health Solutions Surges on Earnings, Complicated Acquisition
Tue, 05 Nov 2013 16:15:00 GMT
Barrons.com – It's not the end of the world, and Endo Health Solutions (ENDP) feels fine. Endo Health Solutions, a generic-drug maker that competes with the likes of Mylan (MYL) Sagent Pharmaceuticals (SGNT) and Teva Pharmaceuticals (TEVA), has surged today after it announced better-than-expected earnings and made a big acquisition. RTT News has the details on Endo Health Solutions' earnings: The company reported net income of $40.2 million or $0.33 per share, compared with $53.8 million or $0.45 per share last year. On average, nineteen analysts polled by Thomson Reuters expected the company to report earnings per share of $1.11 for the quarter.
Teva asks U.S. justices for stay in Copaxone case
Tue, 05 Nov 2013 02:37:55 GMT
Teva asks U.S. justices for stay in Copaxone case
Tue, 05 Nov 2013 02:37:55 GMT
Good News For Drinkers: Gabapentin Gets A Boost In Treating Alcoholism
Mon, 04 Nov 2013 21:21:00 GMT
Forbes – Barbara J. Mason, Ph.D., Pearson Family Chair, Professor and Director, Laboratory of Clinical Psychopharmacology, and Co-Director, Pearson Center for Alcoholism and Addiction Research. Credit: The Scripps Research Institute A new study shows that an inexpensive generic drug can substantially benefit people with long-term alcoholism who are trying to quit drinking. Over the […]
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