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 9.89% return on risk over the next 32 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 $0.45 would be kept by the premium seller. The risk of $4.55 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 70.61 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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Tue, 19 Nov 2013 18:19:00 GMT
MarketWatch – The app revolution is far from over. There's plenty of continued huge growth for any app-related company that catches traction. Moreover, there are many great apps coming out every day, every week, and …
The Procter & Gamble Company at Morgan Stanley Global Consumer & Retail Conference – Transcript
Tue, 19 Nov 2013 16:31:04 GMT
Seeking Alpha – I'm Dara Mohsenian, Morgan Stanley's household products and beverage analyst. And we are very pleased to welcome Procter & Gamble here today, including Jon Moeller, Procter's CFO and John Chevalier in Investor Relations. I will then outline areas we are focusing on to further improve results and I will spend a few minutes on an update of our beauty and our healthcare business.
PaperWorks to hire 43 at Alexandria, La. plant
Tue, 19 Nov 2013 15:25:49 GMT
AP – PaperWorks Industries will move a carton-assembling operation to Alexandria, hiring 43 people. The company folds and glues cartons for Procter & Gamble Co.'s Pineville, La., laundry detergent plant. Executive …
Simple Ways to Stay Clog-Free and Stress-Free This Holiday Season
Tue, 19 Nov 2013 15:13:00 GMT
Business Wire – Holiday season is here, which means more time filled with family, friends, parties and the inevitable holiday entertaining stress. During this time of year, the last thing you need to worry about during a festive gathering is a plumbing issue.
Teva-P&G joint venture teams up with Australia's Swisse Wellness
Tue, 19 Nov 2013 12:24:46 GMT
Reuters – Israel's Teva Pharmaceutical Industries will join forces with Australian vitamins, minerals, and supplements (VMS) company Swisse Wellness through Teva's joint venture with Procter & Gamble Co, PGT Healthcare. PGT Healthcare will partner with Swisse Wellness to begin expanding its range of more than 100 vitamins, minerals and supplements globally over the next few years, the companies said on Tuesday. The licensing deal will integrate the companies' strengths to enable the rapid expansion of the Swisse brand of VMS products to new countries. The collaboration will benefit from PGT Healthcare's consumer understanding, marketing scale, and global regulatory expertise with Swisse Wellness's VMS product development expertise, portfolio of more than 100 products, and unique marketing model.
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