WellPoint's most recent trend suggests a bearish bias. One trading opportunity on WellPoint is a Bear Call Spread using a strike $126.00 short call and a strike $131.00 long call offers a potential 19.05% return on risk over the next 15 calendar days. Maximum profit would be generated if the Bear Call Spread were to expire worthless, which would occur if the stock were below $126.00 by expiration. The full premium credit of $0.80 would be kept by the premium seller. The risk of $4.20 would be incurred if the stock rose above the $131.00 long call strike price.
The 5-day moving average is moving down which suggests that the short-term momentum for WellPoint 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 WellPoint is bearish.
The RSI indicator is at 70.02 level which suggests that the stock is neither overbought nor oversold at this time.
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LATEST NEWS for WellPoint
Obamacare Costs Slow, Choices Abound In New Open Enrollment
Sun, 09 Nov 2014 16:14:00 GMT
Forbes – The Affordable Care Act and its recalibrated healthcare.gov web site forges ahead this week with many consumers preparing to buy plans insurers report will be at a “lower cost” than last year and with more choices. A new study from a nonpartisan group and information from health insurer earnings reports indicate […]
WELLPOINT, INC Files SEC form 8-K, Submission of Matters to a Vote of Security Holders
Wed, 05 Nov 2014 21:36:22 GMT
WELLPOINT, INC Financials
Wed, 05 Nov 2014 18:04:17 GMT
Like it or not, Obamacare's juicing health stocks
Wed, 05 Nov 2014 13:50:30 GMT
WellPoint Announces Appearance at Upcoming Conference
Mon, 03 Nov 2014 21:01:00 GMT
Business Wire – WellPoint, Inc. announced today that senior management is scheduled to present at the 2014 Credit Suisse Healthcare Conference on November 11, 2014 at 8:30 a.m. Mountain Standard Time (10:30 a.m.
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