Macy's's most recent trend suggests a bullish bias. One trading opportunity on Macy's is a Bull Put Spread using a strike $60.00 short put and a strike $55.00 long put offers a potential 6.84% return on risk over the next 25 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $60.00 by expiration. The full premium credit of $0.32 would be kept by the premium seller. The risk of $4.68 would be incurred if the stock dropped below the $55.00 long put 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 up which suggests that the medium-term momentum for Macy's is bullish.
The RSI indicator is at 51.63 level which suggests that the stock is neither overbought nor oversold at this time.
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LATEST NEWS for Macy's
Dow Closes At Record High; Rest Of Market Mixed
Tue, 23 Dec 2014 21:22:00 GMT
Toys, Department Stores Rock, But Biotechs Tumble
Tue, 23 Dec 2014 17:06:00 GMT
Why Target or Macy's Should Consider Bidding for American Apparel
Tue, 23 Dec 2014 16:38:00 GMT
Cincinnati CFO named nation's best by Wall Street Journal
Tue, 23 Dec 2014 16:30:09 GMT
Macy’s “Week of Wonderful” Will “Wow” Shoppers This Holiday
Tue, 23 Dec 2014 15:11:53 GMT
noodls – New merchandise to arrive in-store and on macys.com for post-holiday shopping excitement NEW YORK–(BUSINESS WIRE)–Dec. 23, 2014– Following all the holiday festivities, the doors of Macy's will be open …
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