Amgen's most recent trend suggests a bearish bias. One trading opportunity on Amgen is a Bear Call Spread using a strike $125.00 short call and a strike $135.00 long call offers a potential 7.18% return on risk over the next 31 calendar days. Maximum profit would be generated if the Bear Call Spread were to expire worthless, which would occur if the stock were below $125.00 by expiration. The full premium credit of $0.67 would be kept by the premium seller. The risk of $9.33 would be incurred if the stock rose above the $135.00 long call strike price.
The 5-day moving average is moving down which suggests that the short-term momentum for Amgen is bearish and the probability of a decline in share price is higher if the stock starts trending.
The 20-day moving average is moving down which suggests that the medium-term momentum for Amgen is bearish.
The RSI indicator is at 43.9 level which suggests that the stock is neither overbought nor oversold at this time.
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LATEST NEWS for Amgen
Amgen (AMGN) Roof Leaking Today
Tue, 15 Jul 2014 15:21:00 GMT
Facebook, Twitter slip following cautious valuation comments from Fed
Tue, 15 Jul 2014 14:33:38 GMT
theflyonthewall.com – Facebook, Twitter slip following cautious valuation comments from Fed
Celgene Drug Otezla Fails Trial, But Street Sanguine
Wed, 09 Jul 2014 15:52:00 GMT
Alexion Pharma Looks To Life Beyond Its Blockbuster
Tue, 08 Jul 2014 18:42:00 GMT
BIND Therapeutics Ends Oncology Deal with Amgen
Thu, 03 Jul 2014 19:30:11 GMT
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