Procter & Gamble's most recent trend suggests a bullish bias. One trading opportunity on Procter & Gamble is a Bull Put Spread using a strike $132.00 short put and a strike $127.00 long put offers a potential 17.1% return on risk over the next 10 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $132.00 by expiration. The full premium credit of $0.73 would be kept by the premium seller. The risk of $4.27 would be incurred if the stock dropped below the $127.00 long put strike price.
The 5-day moving average is moving up which suggests that the short-term momentum for Procter & Gamble 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 Procter & Gamble is bullish.
The RSI indicator is above 80 which suggests that the stock is in overbought territory.
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 Procter & Gamble
Merck, Johnson & Johnson share losses lead the way, but Dow flat
Thu, 06 Aug 2020 15:31:00 +0000
DOW UPDATE The Dow Jones Industrial Average is flat Thursday morning with shares of Merck and Johnson & Johnson delivering strong returns for the index. The Dow (DJIA) is trading at 27,201, unchanged from yesterday's close.
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Procter & Gamble Breaks Out To All Time-High
Wed, 05 Aug 2020 13:56:25 +0000
The household goods giant rallied above February resistance after a strong earnings report, underpinned by impressive Tide and Comet sales.
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Tue, 04 Aug 2020 22:13:52 +0000
Dow Inc., Exxon Mobil share gains contribute to Dow's 150-point climb
Tue, 04 Aug 2020 19:56:00 +0000
DOW UPDATE The Dow Jones Industrial Average is climbing Tuesday afternoon with shares of Dow Inc. and Exxon Mobil leading the way for the index. Shares of Dow Inc. (DOW) and Exxon Mobil (XOM) have contributed to the blue-chip gauge's intraday rally, as the Dow (DJIA) was most recently trading 149 points higher (0.
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