Colgate's most recent trend suggests a bearish bias. One trading opportunity on Colgate is a Bear Call Spread using a strike $82.50 short call and a strike $87.50 long call offers a potential 23.46% return on risk over the next 27 calendar days. Maximum profit would be generated if the Bear Call Spread were to expire worthless, which would occur if the stock were below $82.50 by expiration. The full premium credit of $0.95 would be kept by the premium seller. The risk of $4.05 would be incurred if the stock rose above the $87.50 long call 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 at 41.62 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
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Wed, 16 Jun 2021 09:10:51 +0000
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Colgate Declares Regular Quarterly Dividend
Thu, 10 Jun 2021 20:35:00 +0000
The Board of Directors of Colgate-Palmolive Company (NYSE:CL) today declared a quarterly cash dividend of $0.45 per common share, payable on August 16, 2021 to shareholders of record as of July 21, 2021. The Company has paid uninterrupted dividends on its common stock since 1895.
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Colgate-Palmolive Webcasts Fireside Chat at the Evercore ISI Virtual Consumer & Retail Summit
Wed, 09 Jun 2021 13:30:00 +0000
Colgate-Palmolive (NYSE:CL) Group President, Colgate-Latin America, Asia Pacific & Africa-Eurasia, Panagiotis Tsourapas, and Chief Investor Relations Officer, John Faucher, will participate in a virtual fireside chat at the Evercore ISI Virtual Consumer & Retail Summit on Thursday, June 17, 2021 at 2:00 pm ET.
Colgate-Palmolive is following in the footsteps of Pepsi and P&G to a ‘mega-cap turnaround'
Wed, 09 Jun 2021 13:15:49 +0000
Colgate-Palmolive Co. was upgraded to outperform at Credit Suisse with analysts highlighting 6% growth on a two-year compound annual growth rate (CAGR) basis, twice the rate of the year prior to the pandemic. Shares are down 3% for the year to date with concerns about a category slowdown and commodity headwinds, but analysts say the company is actually on an upward path. The S&P 500 index has gained 12.5% for 2021 so far. “In recent years we have observed notable mega-cap turnarounds, such as P&
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