Macy's's most recent trend suggests a bearish bias. One trading opportunity on Macy's is a Bear Call Spread using a strike $55.00 short call and a strike $60.00 long call offers a potential 14.42% return on risk over the next 23 calendar days. Maximum profit would be generated if the Bear Call Spread were to expire worthless, which would occur if the stock were below $55.00 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 $60.00 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 32.91 level which suggests that the stock is neither overbought nor oversold at this time.
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LATEST NEWS for Macy's
2 Retailers Implementing Futuristic Technology that Impacts You
Thu, 30 Jan 2014 22:01:56 GMT
Motley Fool – One of these retailers has been well ahead of its peers in regards to technological advancement. The other retailer has been struggling, and this “could” be an upside catalyst.
Analyst Favorites With Strong Buyback Activity: Macy's Ranks As A Top Pick
Thu, 30 Jan 2014 18:24:00 GMT
TheStreet – A study of analyst recommendations at the major brokerages shows that Macy's, Inc. is the #48 broker analyst pick among those stocks screened by The Online Investor for strong stock buyback activity.
How the Dow Jones industrial average did Wednesday
Wed, 29 Jan 2014 22:11:54 GMT
How the Dow Jones industrial average did Wednesday
Wed, 29 Jan 2014 22:11:54 GMT
AP – The Dow Jones industrial average slumped for the sixth day in seven Wednesday as stocks fell amid a mixture of concerns. Stocks fell early in the day as investors reacted to some lackluster earnings reports …
Brighter spring expected for retailers
Wed, 29 Jan 2014 19:26:38 GMT
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