Teva Pharma's most recent trend suggests a bullish bias. One trading opportunity on Teva Pharma is a Bull Put Spread using a strike $60.00 short put and a strike $55.00 long put offers a potential 8.23% return on risk over the next 24 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $60.00 by expiration. The full premium credit of $0.38 would be kept by the premium seller. The risk of $4.62 would be incurred if the stock dropped below the $55.00 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 Migraine Drug Scores In Race With Alder, Lilly
Mon, 23 Mar 2015 17:18:00 GMT
Ohio State tech commercialization chief leaving
Mon, 23 Mar 2015 16:30:12 GMT
Teva Announces New Head of Business Development, Strategy and Innovation
Mon, 23 Mar 2015 13:28:34 GMT
noodls – Timothy R. Wright joins Teva as Executive Vice President, Business Development, Strategy and Innovation JERUSALEM–(BUSINESS WIRE)–Mar. 23, 2015– Teva Pharmaceutical Industries Ltd. (NYSE: TEVA) today …
Teva Announces New Head of Business Development, Strategy and Innovation
Mon, 23 Mar 2015 13:00:00 GMT
Business Wire – Teva Pharmaceutical Industries Ltd. today announced the appointment of Timothy R. Wright to the Company’s executive leadership team, heading business development, strategy and innovation.
Teva’s TEV-48125 Meets Primary and Secondary Endpoints in Episodic Migraine Study, Demonstrating Treatment Concept After a Single Dose
Mon, 23 Mar 2015 12:59:26 GMT
noodls – Teva's TEV-48125 Meets Primary and Secondary Endpoints in Episodic Migraine Study, Demonstrating Treatment Concept After a Single Dose After recently announced positive results in chronic migraine, TEV-48125 …
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