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 18.76% return on risk over the next 30 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 $0.79 would be kept by the premium seller. The risk of $4.21 would be incurred if the stock dropped below the $60.00 long put strike price.
The 5-day moving average is moving up which suggests that the short-term momentum for Colgate 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 Colgate is bullish.
The RSI indicator is at 73.56 level which suggests that the stock is neither overbought nor oversold at this time.
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
Colgate-Palmolive Webcasts 2020 First Quarter Earnings Conference Call May 1, 2020 – 8:30 a.m. ET
Mon, 13 Apr 2020 13:30:00 +0000
Colgate-Palmolive Company (NYSE:CL) will provide a live webcast of its 2020 first quarter earnings conference call on Friday, May 1, 2020, at 8:30 a.m. ET. The call will be hosted by Chairman, President and CEO, Noel Wallace, and Chief Investor Relations Officer, John Faucher.
4 Days To Buy Colgate-Palmolive Company (NYSE:CL) Before The Ex-Dividend Date
Sun, 12 Apr 2020 12:15:08 +0000
Colgate-Palmolive Company (NYSE:CL) stock is about to trade ex-dividend in 4 days time. This means that investors who…
4 Farm Products Companies to Consider Heading Into Easter Weekend
Fri, 10 Apr 2020 17:55:33 +0000
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Colgate Supports the World Health Organization (WHO) #SafeHands Effort to help stop the spread of COVID-19
Fri, 03 Apr 2020 10:00:00 +0000
Colgate-Palmolive has announced that it will support the World Health Organization (WHO) on its SafeHands effort, mobilizing a number of its production facilities around the world to produce and donate 25 million soap bars to help stop the spread of the COVID-19 virus in the regions facing acute needs.
The 5 Safest Dividend Stocks Part 4- Colgate-Palmolive
Thu, 02 Apr 2020 10:00:00 +0000
In this 5-part series, we selected the five safest dividend stocks around — each a Dividend Aristocrat with 25+ years of consecutive dividend increases, notes income expert Ben Reynolds, editor of Sure Dividend.
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