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 8.23% return on risk over the next 33 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 $0.38 would be kept by the premium seller. The risk of $4.62 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 20.68 level which suggests that the stock is neither overbought nor oversold at this time.
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LATEST NEWS for Macy's
Macy's, Bloomingdales to offer same-day delivery
Tue, 16 Sep 2014 00:17:00 GMT
Macy's Same-Day Delivery Steps Up Game Vs. Amazon
Mon, 15 Sep 2014 19:36:00 GMT
Macy's will give you location-based discounts through your iPhone
Mon, 15 Sep 2014 18:35:00 GMT
Macy’s, Inc. Outlines New Developments in Omnichannel Strategy and Technology
Mon, 15 Sep 2014 12:30:00 GMT
Business Wire – Macy’s, Inc. today outlined its latest advancements in omnichannel strategy and technology as the company continues to add new dimensions for attracting shoppers and servi
8:30 am Macy's outlines new developments in Omnichannel strategy and technology; same-day delivery to be piloted in fall 2014; Macy's and Bloomingdale's to help launch Apple Pay
Mon, 15 Sep 2014 12:30:00 GMT
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