Macy's's most recent trend suggests a bearish bias. One trading opportunity on Macy's is a Bear Call Spread using a strike $37.00 short call and a strike $42.00 long call offers a potential 14.16% return on risk over the next 27 calendar days. Maximum profit would be generated if the Bear Call Spread were to expire worthless, which would occur if the stock were below $37.00 by expiration. The full premium credit of $0.62 would be kept by the premium seller. The risk of $4.38 would be incurred if the stock rose above the $42.00 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 43.25 level which suggests that the stock is neither overbought nor oversold at this time.
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LATEST NEWS for Macy's
GS Mortgage Securities Trust 2016-GS3 — Moody's affirms eight classes of GSMS 2016-GS3
Fri, 21 Sep 2018 02:32:05 +0000
Moody's rating action reflects a base expected loss of 3.5% of the current balance, compared to 4.0% at last review. The total portfolio comprises 1,726 multifamily units and 37 retail units totaling 41,160 SF.
JPMBB Commercial Mortgage Securities Trust 2014-C24 — Moody's affirms twelve classes of JPMBB 2014-C24
Fri, 21 Sep 2018 01:55:06 +0000
Moody's Investors Service, (“Moody's”) has affirmed the ratings on twelve classes in JPMBB Commercial Mortgage Securities Trust 2014-C24 as follows: Cl. A-2, Affirmed Aaa (sf); previously on …
A Look at Kohl’s Capital Allocation Plans
Thu, 20 Sep 2018 13:00:47 +0000
Despite heavy investments, Kohl’s Corporation (KSS) is committed to its share buyback program. Share repurchases improve a company’s EPS by reducing the average share count. For the first half of fiscal 2018, Kohl’s repurchased 2.5 million shares.
Retailers add incentives to lure scarce seasonal staffers
Thu, 20 Sep 2018 12:52:27 +0000
Store discounts, higher wages and drawings are some ways retailers hope to attract store associates to work over the holiday season.
See what the IHS Markit Score report has to say about Macy's Inc.
Thu, 20 Sep 2018 12:01:44 +0000
Over the last month, growth of ETFs holding M is favorable, with net inflows of $19.22 billion. This is among the highest net inflows seen over the last one-year and the rate of additional inflows appears to be increasing.
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