Macy's's most recent trend suggests a bearish bias. One trading opportunity on Macy's is a Bear Call Spread using a strike $62.50 short call and a strike $67.50 long call offers a potential 5.04% return on risk over the next 10 calendar days. Maximum profit would be generated if the Bear Call Spread were to expire worthless, which would occur if the stock were below $62.50 by expiration. The full premium credit of $0.24 would be kept by the premium seller. The risk of $4.76 would be incurred if the stock rose above the $67.50 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 43.09 level which suggests that the stock is neither overbought nor oversold at this time.
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LATEST NEWS for Macy's
10-Q for Macy's, Inc.
Thu, 11 Dec 2014 00:07:32 GMT
2015 holiday retail winners & losers
Wed, 10 Dec 2014 17:30:00 GMT
Fingers crossed: Retailers allow late online orders
Wed, 10 Dec 2014 16:05:22 GMT
Oprah's Gift List, Same-Day Delivery Boosts Macy's November
Wed, 10 Dec 2014 13:13:00 GMT
Your first trade for Wednesday, December 10
Wed, 10 Dec 2014 00:04:36 GMT
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