Procter & Gamble's most recent trend suggests a bullish bias. One trading opportunity on Procter & Gamble is a Bull Put Spread using a strike $150.00 short put and a strike $145.00 long put offers a potential 7.3% return on risk over the next 7 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $150.00 by expiration. The full premium credit of $0.34 would be kept by the premium seller. The risk of $4.66 would be incurred if the stock dropped below the $145.00 long put strike price.
The 5-day moving average is moving down which suggests that the short-term momentum for Procter & Gamble 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 up which suggests that the medium-term momentum for Procter & Gamble is bullish.
The RSI indicator is at 66.78 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
10 Safe Stocks To Invest in For The Long Term in 2022
Tue, 05 Apr 2022 13:49:03 +0000
In this article, we discuss the 10 safe stocks to invest in for the long-term in 2022. You can skip our comprehensive analysis of these stocks and the current market situation, and go directly to 5 Safe Stocks To Invest in For The Long Term in 2022. 2022 started off on a tough note for […]
With Inflation Not Letting Up, Shoppers Cut Back on Staples
Mon, 04 Apr 2022 22:08:00 +0000
American consumers are starting to cut costs on mainstays from toothpaste to baby formula as inflation hits a swath of the economy that had thus far proven resistant to substantial price increases.
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.
P&G names CEO over its health care business
Mon, 04 Apr 2022 18:08:46 +0000
Consumer goods giant Procter & Gamble has name a new CEO over the business segment responsible for one of the largest industries it competes in.
P&G backs nine-figure investment into Black-owned media and advertising
Sun, 03 Apr 2022 14:10:41 +0000
Cincinnati-based consumer goods giant Procter & Gamble – the world's largest advertiser – is backing a nine-figure investment into Black-owned media in an effort to create more diversity in the advertising industry.
Related Posts
Also on Market Tamer…
Follow Us on Facebook