Macy's's most recent trend suggests a bullish bias. One trading opportunity on Macy's is a Bull Put Spread using a strike $25.00 short put and a strike $20.00 long put offers a potential 21.07% return on risk over the next 27 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $25.00 by expiration. The full premium credit of $0.87 would be kept by the premium seller. The risk of $4.13 would be incurred if the stock dropped below the $20.00 long put 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 up which suggests that the medium-term momentum for Macy's is bullish.
The RSI indicator is at 59.8 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
Macy’s Celebrates the Brilliant Vision of Black Creatives With the Return of Icons of Style
Thu, 21 Apr 2022 13:36:00 +0000
NEW YORK, April 21, 2022–Macy’s celebrates Black creatives with the return of Icons of Style, a collaboration with Black visionaries to help move the fashion world forward. GooGoo Atkins, Areeayl Goodwin, Matthew Harris, Jerome LaMaar, Ade Samuel and Stella and Blaise Bennett will create limited-edition seasonal collections throughout 2022 to inspire customers to embrace their personal style. Featuring exclusive designs for brands found only at Macy’s, each creative artfully designed a fashion-
Macy's (M) Stock Moves -0.08%: What You Should Know
Thu, 14 Apr 2022 21:45:09 +0000
Macy's (M) closed at $25.80 in the latest trading session, marking a -0.08% move from the prior day.
Add Macy's (M) as You Reshuffle Your Portfolio for 2022
Thu, 14 Apr 2022 18:44:06 +0000
Macy's (M) benefits from the effective implementation of its Polaris Strategy, strategic allocation of capital, robust omni-channel capabilities and solid consumer demand.
U.S. retail sales rise 0.5% in March amid rampant inflation
Thu, 14 Apr 2022 13:22:10 +0000
Yahoo Finance Live’s Brian Sozzi and Jared Blikre discuss the rise in U.S. March retail sales and the impact of inflation on consumer demand.
Is Kohl's (KSS) a Great Value Stock Right Now?
Wed, 13 Apr 2022 20:56:08 +0000
Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.
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