Colgate's most recent trend suggests a bullish bias. One trading opportunity on Colgate is a Bull Put Spread using a strike $65.00 short put and a strike $60.00 long put offers a potential 6.16% return on risk over the next 12 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $65.00 by expiration. The full premium credit of $0.29 would be kept by the premium seller. The risk of $4.71 would be incurred if the stock dropped below the $60.00 long put strike price.
The 5-day moving average is moving down which suggests that the short-term momentum for Colgate 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 Colgate is bearish.
The RSI indicator is below 20 which suggests that the stock is in oversold 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 Colgate
Church & Dwight Beats on Q3 Earnings
Mon, 04 Nov 2013 19:00:05 GMT
Zacks – Church & Dwight third-quarter 2013 earnings per share of 76 cents beat the Zacks Consensus Estimate by two cents.
Colgate Attains New High
Thu, 31 Oct 2013 21:30:03 GMT
Zacks – The shares of Colgate-Palmolive reached a new 52-week high of $66.04 on Oct 30, 2013.
Credit Suisse Hikes Colgate To $72; What Emerging Markets Slowdown?
Tue, 29 Oct 2013 17:46:00 GMT
Barrons.com – More than half of Colgate-Palmolive (CL)'s earnings stem from emerging markets. But that's no reason to run from this consumer products giant. On Tuesday, Credit Suisse set a new 12-month price target …
COLGATE PALMOLIVE CO Financials
Tue, 29 Oct 2013 17:04:33 GMT
Cramer's Six in 60: SBUX, HLF & more
Tue, 29 Oct 2013 13:56:00 GMT
CNBC – Cramer shares six stocks to watch, and reveals them in under 60 seconds including Starbucks, Herbalife and much more.
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