Teva Pharma's most recent trend suggests a bullish bias. One trading opportunity on Teva Pharma is a Bull Put Spread using a strike $52.00 short put and a strike $47.00 long put offers a potential 9.89% return on risk over the next 12 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $52.00 by expiration. The full premium credit of $0.45 would be kept by the premium seller. The risk of $4.55 would be incurred if the stock dropped below the $47.00 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 51.34 level which suggests that the stock is neither overbought nor oversold at this time.
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LATEST NEWS for Teva Pharma
FTC sues AbbVie, Teva over generic AndroGel
Mon, 08 Sep 2014 18:53:29 GMT
FTC sues AbbVie, Teva over generic AndroGel
Mon, 08 Sep 2014 18:53:29 GMT
8:05 am Teva Pharma announced positive new data from Phase III studies of the company's anti-IL5 monoclonal antibody; Reslizumab treatment resulted in significant improvements in lung function
Mon, 08 Sep 2014 12:05:00 GMT
Successful Completion of Phase III Program for Teva’s Reslizumab Two More Phase Iii Studies Support the Benefits of Reslizumab Treatment in Asthma Patients with Eosinophilia
Mon, 08 Sep 2014 12:00:00 GMT
Business Wire – Teva Pharmaceutical Industries Ltd. today announced positive new data from Phase III studies of the company’s anti-IL5 monoclonal antibody, reslizumab, in patients with uncontrolled moderate to severe asthma with elevated eosinophils, treated with standard of care therapies.
Teva Wins Patent Litigation vs. AstraZeneca in UK
Thu, 04 Sep 2014 20:50:02 GMT
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