Macy's's most recent trend suggests a bullish bias. One trading opportunity on Macy's is a Bull Put Spread using a strike $38.50 short put and a strike $33.50 long put offers a potential 25% return on risk over the next 20 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $38.50 by expiration. The full premium credit of $1.00 would be kept by the premium seller. The risk of $4.00 would be incurred if the stock dropped below the $33.50 long put strike price.
The 5-day moving average is moving up which suggests that the short-term momentum for Macy's 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 Macy's is bullish.
The RSI indicator is at 69.19 level which suggests that the stock is neither overbought nor oversold at this time.
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LATEST NEWS for Macy's
JPMBB Commercial Mortgage Securities Trust 2015-C30 — Moody's Affirms Eight Classes of JPMBB 2015-C30
Thu, 26 Jul 2018 21:49:06 +0000
Moody's Investors Service, (“Moody's”) has affirmed the ratings on eight classes in JPMBB Commercial Mortgage Securities Trust 2015-C30, Commercial Mortgage Pass-Through Certificates, Series …
Some good news for Dallas retail buoys debt-ridden shopping malls
Thu, 26 Jul 2018 19:45:00 +0000
Grapevine Mills, Town East Mall, and Hulen Mall each boasted “solid” net-operating income growth from the year before, according to additional data Trepp sent to the Dallas Business Journal. Town East Mall’s net income grew by 1.79 percent, leading the other two.
Macy's bringing off-price concept to downtown Sacramento
Thu, 26 Jul 2018 14:29:19 +0000
Macy's Inc. will bring its off-price concept to the Sacramento area with a location inside its Downtown Commons store.
Kalahari Resorts owner: Business is solid, economy is great
Thu, 26 Jul 2018 11:12:37 +0000
Kalahari Resorts and Conventions owner Todd Nelson on the growth of the water park chain and the company's new float for the Macy's Thanksgiving Day Parade.
Exclusive: Stonestown inks deals with two new retailers to fill former Macy's
Wed, 25 Jul 2018 21:35:59 +0000
The proposed overhaul to the former department store was approved by the City of San Francisco just last week.
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