Teva Pharma's most recent trend suggests a bullish bias. One trading opportunity on Teva Pharma is a Bull Put Spread using a strike $49.00 short put and a strike $44.00 long put offers a potential 5.04% return on risk over the next 19 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $49.00 by expiration. The full premium credit of $0.24 would be kept by the premium seller. The risk of $4.76 would be incurred if the stock dropped below the $44.00 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 at 61.95 level which suggests that the stock is neither overbought nor oversold at this time.
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LATEST NEWS for Teva Pharma
[$$] Teva Buys Labrys Biologics
Tue, 03 Jun 2014 12:12:35 GMT
7:31 am Teva Pharma to acquire Labrys Biologics for $200 mln in upfront payment in cash at closing as well as up to $625 mln in contingent payments upon achievement of certain pre-launch milestones
Tue, 03 Jun 2014 11:31:00 GMT
Teva to Acquire Labrys Biologics, Inc.: Novel Migraine Prophylaxis Treatment Adds Significant New Dimension to Teva’s Growing Pain Care Franchise
Tue, 03 Jun 2014 11:30:00 GMT
Business Wire – Teva Pharmaceutical Industries Ltd., and Labrys Biologics, Inc., a privately-held development stage biotechnology company focused on treatments for chronic migraine and
Actavis Acquires Forest Labs For Brand-Name Drugs
Mon, 02 Jun 2014 22:03:00 GMT
Stock Pops & Drops: DAL, TEVA, TTWO, NOW
Mon, 02 Jun 2014 21:45:00 GMT
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