Procter & Gamble's most recent trend suggests a bullish bias. One trading opportunity on Procter & Gamble is a Bull Put Spread using a strike $152.50 short put and a strike $147.00 long put offers a potential 6.18% return on risk over the next 6 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $152.50 by expiration. The full premium credit of $0.32 would be kept by the premium seller. The risk of $5.18 would be incurred if the stock dropped below the $147.00 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 70.35 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 Procter & Gamble
Procter & Gamble (PG) Gains As Market Dips: What You Should Know
Wed, 06 Apr 2022 21:45:09 +0000
Procter & Gamble (PG) closed at $156.83 in the latest trading session, marking a +1.43% move from the prior day.
Down 30%, This Dividend Stock Could Prove That Stock Buybacks Are Overrated
Wed, 06 Apr 2022 15:30:00 +0000
Howard Shultz settled back into his familiar role as Starbucks (NASDAQ: SBUX) CEO on April 4 and immediately captured headlines with his decision to suspend Starbucks' share buyback program. Starbucks had announced last fall that it planned to spend $20 billion on stock buybacks and dividends between fiscal 2022 and fiscal 2024. For context, Starbucks spent $5.8 billion on dividends between fiscal 2019 and fiscal 2021.
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With Inflation Not Letting Up, Shoppers Cut Back on Staples
Mon, 04 Apr 2022 22:08:00 +0000
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Procter & Gamble (PG) Stock Sinks As Market Gains: What You Should Know
Mon, 04 Apr 2022 21:50:09 +0000
In the latest trading session, Procter & Gamble (PG) closed at $154.08, marking a -0.65% move from the previous day.
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