Amgen’s most recent trend suggests a bullish bias. One trading opportunity on Amgen is a Bull Put Spread using a strike $185.00 short put and a strike $175.00 long put offers a potential 6.38% return on risk over the next 35 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $185.00 by expiration. The full premium credit of $0.60 would be kept by the premium seller. The risk of $9.40 would be incurred if the stock dropped below the $175.00 long put strike price.
The 5-day moving average is moving up which suggests that the short-term momentum for Amgen 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 Amgen is bullish.
The RSI indicator is at 64.24 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 Amgen
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Wed, 14 Mar 2018 13:50:01 +0000
Let's see if Amgen Inc. (AMGN) stock is a good choice for value-oriented investors right now from multiple angles.
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Tue, 13 Mar 2018 18:35:00 +0000
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Tue, 13 Mar 2018 15:40:31 +0000
The grandaddy of biotech has split its stock multiple times during its history.
See what the IHS Markit Score report has to say about Amgen Inc.
Tue, 13 Mar 2018 12:01:10 +0000
Amgen Inc NASDAQ/NGS:AMGN
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