Illumina's most recent trend suggests a bullish bias. One trading opportunity on Illumina is a Bull Put Spread using a strike $140.00 short put and a strike $130.00 long put offers a potential 14.94% return on risk over the next 8 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $140.00 by expiration. The full premium credit of $1.30 would be kept by the premium seller. The risk of $8.70 would be incurred if the stock dropped below the $130.00 long put strike price.
The 5-day moving average is moving up which suggests that the short-term momentum for Illumina 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 Illumina is bullish.
The RSI indicator is at 52.09 level which suggests that the stock is neither overbought nor oversold at this time.
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LATEST NEWS for Illumina
Genetic sequencing Illumina CEO talks growth
Thu, 08 May 2014 16:18:00 GMT
ILLUMINA INC Files SEC form 10-Q, Quarterly Report
Wed, 07 May 2014 21:15:39 GMT
Valeant, Tesla Working On Bases As Energy Dominates
Mon, 05 May 2014 22:34:00 GMT
Illumina to Webcast Live Presentation at Upcoming Investment Conferences in May and June
Mon, 05 May 2014 10:30:00 GMT
Business Wire – Illumina, Inc. today announced that it will webcast the Company’s presentation at three upcoming investment conferences.
Illumina Launches VeriSeq PGS
Tue, 29 Apr 2014 10:30:00 GMT
Business Wire – Illumina, Inc. today announced the launch of VeriSeqTM PGS, a next-generation sequencing solution developed for preimplantation genetic screening of embryos using Illumina’s NextSeqTM 500 and MiSeq® sequencing systems.
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