Macy's's most recent trend suggests a bearish bias. One trading opportunity on Macy's is a Bear Call Spread using a strike $28.00 short call and a strike $33.00 long call offers a potential 14.42% return on risk over the next 7 calendar days. Maximum profit would be generated if the Bear Call Spread were to expire worthless, which would occur if the stock were below $28.00 by expiration. The full premium credit of $0.63 would be kept by the premium seller. The risk of $4.37 would be incurred if the stock rose above the $33.00 long call 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 down which suggests that the medium-term momentum for Macy's is bearish.
The RSI indicator is at 41.1 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 Macy's
Find the Perfect Last-Minute Holiday Gift at Macy’s
Wed, 08 Dec 2021 15:41:00 +0000
NEW YORK, December 08, 2021–Be the holiday hero and grab the perfect last-minute gift this season with a little help from Macy’s (NYSE:M). Finding unique and thoughtful items across various price points has never been easier – customers can shop comfortably from home, conveniently through the Macy’s mobile app, or safely in stores nationwide. With Macy’s new gift finder, shoppers can use the online tool to help curate and discover ideal gifts based on the recipient and their interests, by simpl
Hedge Funds Dipping Their Toes Back Into Macy’s, Inc. (M)
Tue, 07 Dec 2021 04:27:07 +0000
In this article we will take a look at whether hedge funds think Macy’s, Inc. (NYSE:M) is a good investment right now. We check hedge fund and billionaire investor sentiment before delving into hours of research. Hedge funds spend millions of dollars on Ivy League graduates, unconventional data sources, expert networks, and get tips from […]
Has Macy's Stock Gone Too Far Too Fast?
Mon, 06 Dec 2021 13:11:00 +0000
Macy's (NYSE: M) has been one of the market's favorite stocks in 2021. In its fiscal third quarter ended Oct. 30, Macy's reported net sales of $5.44 billion. At the heart of Macy's sales rebound is a robust digital channel.
Kohl's just got shredded by an activist investor again — here's what they want
Mon, 06 Dec 2021 12:51:10 +0000
Here is what Engine Capital wants to see from Kohl's.
Signature Bank, SolarEdge Technologies and FactSet Research Systems Set to Join S&P 500; Others to Join S&P MidCap 400 and S&P SmallCap 600
Sat, 04 Dec 2021 00:51:00 +0000
S&P Dow Jones Indices will make the following index changes to the S&P 500, S&P MidCap 400, and S&P SmallCap 600 to ensure each index is more representative of its market capitalization range. The changes will be effective prior to the open of trading on Monday, December 20, 2021 to coincide with the quarterly rebalance:
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