Teva Pharma's most recent trend suggests a bearish bias. One trading opportunity on Teva Pharma is a Bear Call Spread using a strike $52.50 short call and a strike $57.50 long call offers a potential 14.68% return on risk over the next 33 calendar days. Maximum profit would be generated if the Bear Call Spread were to expire worthless, which would occur if the stock were below $52.50 by expiration. The full premium credit of $0.64 would be kept by the premium seller. The risk of $4.36 would be incurred if the stock rose above the $57.50 long call strike price.
The 5-day moving average is moving down which suggests that the short-term momentum for Teva Pharma 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 Teva Pharma is bearish.
The RSI indicator is at 51.39 level which suggests that the stock is neither overbought nor oversold at this time.
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LATEST NEWS for Teva Pharma
Drugmakers Oppose Teva Bid to Delay Copaxone Rivals
Mon, 14 Apr 2014 22:19:20 GMT
Generics file response to Teva in Copaxone patent fight
Mon, 14 Apr 2014 21:48:20 GMT
Is Teva Pharmaceutical Industries Ltd. Destined for Greatness?
Mon, 14 Apr 2014 13:32:23 GMT
Celgene CEO: Intellectual property is lifeblood of innovation
Thu, 10 Apr 2014 14:02:00 GMT
Teva to Launch Generic Lovaza
Wed, 09 Apr 2014 19:45:11 GMT
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