Procter & Gamble’s most recent trend suggests a bullish bias. One trading opportunity on Procter & Gamble is a Bull Put Spread using a strike $77.50 short put and a strike $72.50 long put offers a potential 7.53% return on risk over the next 23 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $77.50 by expiration. The full premium credit of $0.35 would be kept by the premium seller. The risk of $4.65 would be incurred if the stock dropped below the $72.50 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 75.19 level which suggests that the stock is neither overbought nor oversold at this time.
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LATEST NEWS for Procter & Gamble
Procter and Gamble earnings rise 8% on higher sales
Fri, 25 Oct 2013 12:08:42 GMT
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Fri, 25 Oct 2013 12:02:13 GMT
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[$$] Procter & Gamble’s Profit Rises on Higher Sales
Fri, 25 Oct 2013 12:01:29 GMT
The Wall Street Journal – Procter & Gamble’s earnings rose 7.6% as the world’s largest consumer-products company posted slight revenue growth and a decline in overhead costs.
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Fri, 25 Oct 2013 11:47:03 GMT
P&G fiscal 1st quarter net income rises
Fri, 25 Oct 2013 11:36:51 GMT
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