Express Scripts's most recent trend suggests a bearish bias. One trading opportunity on Express Scripts is a Bear Call Spread using a strike $72.50 short call and a strike $77.50 long call offers a potential 15.21% return on risk over the next 9 calendar days. Maximum profit would be generated if the Bear Call Spread were to expire worthless, which would occur if the stock were below $72.50 by expiration. The full premium credit of $0.66 would be kept by the premium seller. The risk of $4.34 would be incurred if the stock rose above the $77.50 long call strike price.
The 5-day moving average is moving down which suggests that the short-term momentum for Express Scripts 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 Express Scripts is bearish.
The RSI indicator is at 26.14 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 Express Scripts
Stunning Spending Growth Prediction for Hepatitis C
Thu, 10 Apr 2014 19:36:15 GMT
Cost Increases Drive Higher Drug Trend for Workers' Compensation
Thu, 10 Apr 2014 13:00:00 GMT
PR Newswire – ST. LOUIS, April 10, 2014 /PRNewswire/ — Significant increases in cost per prescription drove drug trend for workers' compensation payers higher in 2013, according to research released this week by Express …
Should You Consider CVS?
Wed, 09 Apr 2014 19:34:03 GMT
Gilead defended by analysts after recent pullback
Wed, 09 Apr 2014 15:43:05 GMT
Gilead Sciences: Pricing Concerns Just Noise?
Wed, 09 Apr 2014 14:13:00 GMT
Also on Market Tamer…
Follow Us on Facebook