Gilead Sciences's most recent trend suggests a bearish bias. One trading opportunity on Gilead Sciences is a Bear Call Spread using a strike $87.00 short call and a strike $92.00 long call offers a potential 19.33% 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 $87.00 by expiration. The full premium credit of $0.81 would be kept by the premium seller. The risk of $4.19 would be incurred if the stock rose above the $92.00 long call strike price.
The 5-day moving average is moving down which suggests that the short-term momentum for Gilead Sciences 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 Gilead Sciences is bearish.
The RSI indicator is at 20.22 level which suggests that the stock is neither overbought nor oversold at this time.
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LATEST NEWS for Gilead Sciences
India Patent Office approves Gilead's hepatitis C drug patent
Tue, 10 May 2016 21:16:28 GMT
India Patent Office approves Gilead's hepatitis C drug patent
Tue, 10 May 2016 21:16:28 GMT
India Patent Office approves Gilead's hepatitis C drug patent
Tue, 10 May 2016 21:11:20 GMT
Do Sluggish Sales of Harvoni Make Gilead Sciences a “Sell”?
Tue, 10 May 2016 20:21:00 GMT
Pro: Impossible to successfully time the market
Tue, 10 May 2016 17:33:00 GMT
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