Teva Pharma's most recent trend suggests a bearish bias. One trading opportunity on Teva Pharma is a Bear Call Spread using a strike $46.00 short call and a strike $51.00 long call offers a potential 5.04% return on risk over the next 10 calendar days. Maximum profit would be generated if the Bear Call Spread were to expire worthless, which would occur if the stock were below $46.00 by expiration. The full premium credit of $0.24 would be kept by the premium seller. The risk of $4.76 would be incurred if the stock rose above the $51.00 long call strike price.
The 5-day moving average is moving down which suggests that the short-term momentum for Teva Pharma 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 Teva Pharma is bearish.
The RSI indicator is below 20 which suggests that the stock is in oversold territory.
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LATEST NEWS for Teva Pharma
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Mon, 10 Oct 2016 20:03:36 GMT
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Mon, 10 Oct 2016 18:51:33 GMT
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Sun, 09 Oct 2016 18:28:54 GMT
Teva Pharmaceutical Industries Ltd. (TEVA), Celltrion, Team Up To Market mAb Biosimilars
Fri, 07 Oct 2016 18:11:50 GMT
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Thu, 06 Oct 2016 14:59:06 GMT
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