Macy's's most recent trend suggests a bearish bias. One trading opportunity on Macy's is a Bear Call Spread using a strike $60.00 short call and a strike $65.00 long call offers a potential 12.11% return on risk over the next 9 calendar days. Maximum profit would be generated if the Bear Call Spread were to expire worthless, which would occur if the stock were below $60.00 by expiration. The full premium credit of $0.54 would be kept by the premium seller. The risk of $4.46 would be incurred if the stock rose above the $65.00 long call strike price.
The 5-day moving average is moving down which suggests that the short-term momentum for Macy's 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 Macy's is bearish.
The RSI indicator is at 42.83 level which suggests that the stock is neither overbought nor oversold at this time.
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LATEST NEWS for Macy's
Macy's
Thu, 11 Sep 2014 22:45:00 GMT
Walmart workers unhappy about new ‘dress code'
Thu, 11 Sep 2014 19:17:37 GMT
Top 5 Retailers Partnering With Apple On Its E-Wallet
Thu, 11 Sep 2014 19:04:00 GMT
Apple Pay trumps traditional credit & debit cards: MasterCard SVP
Thu, 11 Sep 2014 18:55:42 GMT
Macy’s Celebrates Hispanic Heritage Month
Thu, 11 Sep 2014 16:00:00 GMT
Business Wire – This fall, in celebration of Hispanic Heritage Month, Macy’s honors Latin-American women Jasmine Villegas, Julie Sariñana and Kika Rocha, who have each influenced and shaped American popular culture via their fashion, beauty and lifestyle expertise.
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