Sysco's most recent trend suggests a bullish bias. One trading opportunity on Sysco is a Bull Put Spread using a strike $87.00 short put and a strike $82.00 long put offers a potential 33.33% return on risk over the next 24 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $87.00 by expiration. The full premium credit of $1.25 would be kept by the premium seller. The risk of $3.75 would be incurred if the stock dropped below the $82.00 long put strike price.
The 5-day moving average is moving up which suggests that the short-term momentum for Sysco 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 Sysco is bullish.
The RSI indicator is at 75.46 level which suggests that the stock is neither overbought nor oversold at this time.
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LATEST NEWS for Sysco
Kimberly-Clark (KMB) Q1 Earnings Beat Estimates, Sales Up Y/Y
Fri, 22 Apr 2022 16:52:04 +0000
Kimberly-Clark's (KMB) first-quarter 2022 earnings decline year over year. Nevertheless, sales increased on growth across all segments.
Philip Morris (PM) Q1 Earnings & Revenues Top Estimates
Thu, 21 Apr 2022 17:07:05 +0000
Philip Morris' (PM) first-quarter 2022 results reflect higher earnings and revenues, with favorable pricing variance being an upside.
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Thu, 21 Apr 2022 15:46:03 +0000
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Tue, 19 Apr 2022 19:35:00 +0000
Orders by restaurants for frozen pre-made soups and soup bases have surged by 54%, while orders for frozen desserts have jumped 32%.
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Tue, 19 Apr 2022 17:19:54 +0000
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