Colgate's most recent trend suggests a bearish bias. One trading opportunity on Colgate is a Bear Call Spread using a strike $62.00 short call and a strike $67.00 long call offers a potential 22.25% return on risk over the next 16 calendar days. Maximum profit would be generated if the Bear Call Spread were to expire worthless, which would occur if the stock were below $62.00 by expiration. The full premium credit of $0.91 would be kept by the premium seller. The risk of $4.09 would be incurred if the stock rose above the $67.00 long call 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 down which suggests that the medium-term momentum for Colgate is bearish.
The RSI indicator is at 24.14 level which suggests that the stock is neither overbought nor oversold at this time.
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LATEST NEWS for Colgate
Mexico has been keeping millions from P&G
Tue, 01 Sep 2015 18:41:44 GMT
Russia: Nyet To P&G, Colgate, Western Consumer Brands
Mon, 31 Aug 2015 19:40:00 GMT
Meet the Flop Pickers
Fri, 28 Aug 2015 10:03:31 GMT
Financial Times – Spare a thought for the poor darlings who run your typical transnational, fast-moving, consumer goods company. They invest millions launching an exciting new product (Colgate ready meals, say, or Cosmopolitan …
Detergent Diplomacy: What's Russia Banned Now?
Fri, 28 Aug 2015 03:08:54 GMT
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Thu, 27 Aug 2015 13:36:43 GMT
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