Kimberly Clark (KMB) Offering Possible 8.7% Return Over the Next 6 Calendar Days

This post was originally published on this site

Kimberly Clark’s most recent trend suggests a bullish bias. One trading opportunity on Kimberly Clark is a Bull Put Spread using a strike $134.00 short put and a strike $129.00 long put offers a potential 8.7% return on risk over the next 6 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $134.00 by expiration. The full premium credit of $0.40 would be kept by the premium seller. The risk of $4.60 would be incurred if the stock dropped below the $129.00 long put strike price.

The 5-day moving average is moving up which suggests that the short-term momentum for Kimberly Clark 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 Kimberly Clark is bullish.

The RSI indicator is at 72.58 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 Kimberly Clark

Here is What Hedge Funds Think About Kimberly Clark Corporation (KMB)
Tue, 06 Jul 2021 13:38:07 +0000
After several tireless days we have finished crunching the numbers from nearly 900 13F filings issued by the elite hedge funds and other investment firms that we track at Insider Monkey, which disclosed those firms’ equity portfolios as of March 31st. The results of that effort will be put on display in this article, as […]

Kimberly-Clark Named One of the Best Companies For Multicultural Women by Seramount
Fri, 02 Jul 2021 14:16:15 +0000
Kimberly-Clark was recently named one of the 2021 Best Companies for Multicultural Women by Seramount (formerly Working Mother Media). The award recognizes companies that create and use best practi…

Kimberly-Clark and Texas Women’s Foundation Partner on GENDER MATTERS™ Podcast Series
Thu, 01 Jul 2021 14:16:39 +0000
Texas Women’s Foundation (TXWF) recently launched the GENDER MATTERS™ podcast series that features seven female leaders from Kimberly-Clark interviewing the 2021 TXWF Leadership Forum & Awards Cele…

Kimberly-Clark Reports Progress Toward Its 2030 Sustainability Ambitions
Wed, 30 Jun 2021 15:00:00 +0000
Kimberly-Clark today published its annual report on sustainability, providing the first update on the company’s global progress toward its 2030 sustainability strategy and goals, aimed at addressing the social and environmental challenges of the next decade with commitments to improve the lives and well-being of 1 billion people in underserved communities around the world with the smallest environmental footprint.

Here’s What To Make Of Kimberly-Clark’s (NYSE:KMB) Decelerating Rates Of Return
Tue, 29 Jun 2021 07:26:07 +0000
To find a multi-bagger stock, what are the underlying trends we should look for in a business? In a perfect world, we’d…

Be Sociable, Share!

Related Posts