Caterpillar's most recent trend suggests a bullish bias. One trading opportunity on Caterpillar is a Bull Put Spread using a strike $115.00 short put and a strike $105.00 long put offers a potential 7.99% return on risk over the next 35 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $115.00 by expiration. The full premium credit of $0.74 would be kept by the premium seller. The risk of $9.26 would be incurred if the stock dropped below the $105.00 long put strike price.
The 5-day moving average is moving up which suggests that the short-term momentum for Caterpillar 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 Caterpillar is bullish.
The RSI indicator is at 74.26 level which suggests that the stock is neither overbought nor oversold at this time.
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LATEST NEWS for Caterpillar
Deere Grows in Precision Agriculture With Blue River Buy
Wed, 13 Sep 2017 13:41:01 +0000
Deere & Company (DE) completes the acquisition of Blue River Technology in line with its growing efforts to add technology to agriculture ??? the need of the hour.
US Market Indexes Reach New Highs on Tuesday
Wed, 13 Sep 2017 11:59:47 +0000
Dow Jones closes at 22,118.86
[$$] Business Watch
Wed, 13 Sep 2017 02:12:51 +0000
The top lawyer at Uber Technologies Inc. plans to depart the company as it faces three federal investigations into its operations and welcomes a new chief executive.
Caterpillar Dangles Profit Surge to Investors Wary of Letdowns
Tue, 12 Sep 2017 15:23:19 +0000
Caterpillar Inc. boss Jim Umpleby is throwing some tantalizing numbers at investors that show accelerating sales and profit growth. He just doesn’t want to be bound to them.
Sealed Air's (SEE) Fagerdala Buyout to Boost Asian Presence
Tue, 12 Sep 2017 14:38:02 +0000
Sealed Air's (SEE) acquisition of Fagerdala for $100 million anticipated to significantly expand the former's presence in Asia.
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