Procter & Gamble's most recent trend suggests a bearish bias. One trading opportunity on Procter & Gamble is a Bear Call Spread using a strike $79.00 short call and a strike $84.00 long call offers a potential 7.76% return on risk over the next 16 calendar days. Maximum profit would be generated if the Bear Call Spread were to expire worthless, which would occur if the stock were below $79.00 by expiration. The full premium credit of $0.36 would be kept by the premium seller. The risk of $4.64 would be incurred if the stock rose above the $84.00 long call 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 down which suggests that the medium-term momentum for Procter & Gamble is bearish.
The RSI indicator is below 20 which suggests that the stock is in oversold territory.
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LATEST NEWS for Procter & Gamble
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Thu, 31 Jul 2014 21:05:00 GMT
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Thu, 31 Jul 2014 19:44:00 GMT
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Thu, 31 Jul 2014 16:48:48 GMT
Michael Strahan Takes on New Role as Spokesperson for Meta, a New Line of Wellness Products
Thu, 31 Jul 2014 16:26:00 GMT
Business Wire – Today, Meta—a new line of wellness products from the makers of Metamucil—announces its partnership with Michael Strahan, co-host of LIVE with Kelly and Michael, FOX NFL Sunday analyst, Good Morning America special co-host, and 2014 Pro Football Hall of Fame inductee for the launch of its new suite of products.
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Thu, 31 Jul 2014 15:25:00 GMT
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