Procter & Gamble's most recent trend suggests a bullish bias. One trading opportunity on Procter & Gamble is a Bull Put Spread using a strike $82.50 short put and a strike $77.50 long put offers a potential 8.23% return on risk over the next 36 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $82.50 by expiration. The full premium credit of $0.38 would be kept by the premium seller. The risk of $4.62 would be incurred if the stock dropped below the $77.50 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 at 70.97 level which suggests that the stock is neither overbought nor oversold at this time.
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LATEST NEWS for Procter & Gamble
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Sun, 17 Nov 2013 16:31:25 GMT
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ModernGraham Valuation Of Procter & Gamble
Fri, 15 Nov 2013 22:11:59 GMT
Seeking Alpha – Here is a look at how Procter & Gamble Co ( PG ) fares in ModernGraham's opinion, based on an updated and modernized version of Benjamin Graham's requirements of defensive and enterprising investors from …
Today's Market: China's Announcement Good For These Multinationals
Fri, 15 Nov 2013 14:52:14 GMT
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Ford spills Coca-Cola technology all over its new car seats
Fri, 15 Nov 2013 12:10:48 GMT
The Verge – Ford is using the same material used to produce Coca-Cola's “green” PlantBottles to make an eco-friendly fabric for cars. PlantBottle essentially uses biofuels (in this case, ethanol derived from sugar cane) to create a modified PET (a type of plastic resin used commonly for bottles). The fabric in Ford's new car replaces the PET used to make polyester with Coca-Cola's PlantBottle PET. Coca-Cola says it's already distributed over 18 billion PlantBottle packages, saving 400,000 barrels of oil in the process, and notes that if the new fabric were to be used across the majority of US Ford models it would save a further 6,000 barrels.
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