Abbott Labs's most recent trend suggests a bullish bias. One trading opportunity on Abbott Labs is a Bull Put Spread using a strike $77.00 short put and a strike $72.00 long put offers a potential 17.37% return on risk over the next 13 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $77.00 by expiration. The full premium credit of $0.74 would be kept by the premium seller. The risk of $4.26 would be incurred if the stock dropped below the $72.00 long put strike price.
The 5-day moving average is moving up which suggests that the short-term momentum for Abbott Labs 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 Abbott Labs is bullish.
The RSI indicator is at 78.44 level which suggests that the stock is neither overbought nor oversold at this time.
To learn how to execute such a strategy while accounting for risk and reward in the context of smart portfolio management, and see how to trade live with a successful professional trader, view more here
LATEST NEWS for Abbott Labs
Merit Medical (MMSI) Q4 Earnings & Revenues Surpass Estimates
Thu, 28 Feb 2019 15:49:03 +0000
Merit Medical (MMSI) registers solid expansion in adjusted gross margins in fourth-quarter 2018.
Orthofix (OFIX) Earnings Beat Estimates in Q4, Margins Fall
Thu, 28 Feb 2019 12:49:12 +0000
Orthofix (OFIX) revenues across majority product lines witness year-over-year growth.
Veeva Systems (VEEV) Beats on Q4 Earnings and Revenues
Wed, 27 Feb 2019 14:08:02 +0000
Veeva Systems (VEEV) continues benefiting from its flagship Vault platform in fourth-quarter fiscal 2019.
Wright Medical (WMGI) Q4 Earnings & Revenues Beat Estimates
Wed, 27 Feb 2019 13:19:01 +0000
Wright Medical's (WMGI) top-line growth in fourth-quarter 2018 can be attributed to solid performance by the Upper and the Lower Extremities segments.
Report: Developing Opportunities within Abbott Laboratories, American Express, Welbilt, Cinemark, Barnes Group, and Nevsun Resources — Future Expectations, Projections Moving into 2019
Wed, 27 Feb 2019 12:55:00 +0000
NEW YORK, Feb. 27, 2019 — In new independent research reports released early this morning, Market Source Research released its latest key findings for all current investors,.
Also on Market Tamer…
Follow Us on Facebook