Macy's's most recent trend suggests a bearish bias. One trading opportunity on Macy's is a Bear Call Spread using a strike $62.50 short call and a strike $67.50 long call offers a potential 7.53% return on risk over the next 11 calendar days. Maximum profit would be generated if the Bear Call Spread were to expire worthless, which would occur if the stock were below $62.50 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 rose above the $67.50 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 49.53 level which suggests that the stock is neither overbought nor oversold at this time.
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LATEST NEWS for Macy's
Your first trade for Wednesday, December 10
Wed, 10 Dec 2014 00:04:36 GMT
Fast Money Final Trade: TWTR, TSLA, M, LULU
Tue, 09 Dec 2014 22:58:00 GMT
Join In the Magic as Children’s Wishes Come True Across America on Macy’s National Believe Day
Tue, 09 Dec 2014 16:37:00 GMT
Business Wire – As part of its holiday Believe campaign, Macy’s has declared Friday, Dec. 12, as the sixth annual National Believe Day – devoted to embracing the season’s spirit of generosity and kindness toward others.
MACY'S, INC. Files SEC form 10-Q, Quarterly Report
Mon, 08 Dec 2014 17:04:34 GMT
YOUR MONEY-Behind the holiday trend of self-gifting
Mon, 08 Dec 2014 13:00:00 GMT
Reuters – Jill Bascou looked like a typical holiday gift shopper standing in line on Thanksgiving Day shortly after the Target in Marlton, New Jersey opened at 6 p.m. Except she wasn't buying for other people. The …
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