Macy's's most recent trend suggests a bullish bias. One trading opportunity on Macy's is a Bull Put Spread using a strike $55.00 short put and a strike $50.00 long put offers a potential 9.41% return on risk over the next 29 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $55.00 by expiration. The full premium credit of $0.43 would be kept by the premium seller. The risk of $4.57 would be incurred if the stock dropped below the $50.00 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 51.85 level which suggests that the stock is neither overbought nor oversold at this time.
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LATEST NEWS for Macy's
Olstein: Amazon's cash flow not OK
Fri, 24 Oct 2014 19:43:00 GMT
Macy’s, Inc. Board Declares Quarterly Dividend
Fri, 24 Oct 2014 18:57:15 GMT
noodls – This is an abstract of the original noodl. To continue reading this document, click here for the original version.
Sears will let Primark crash at its place
Fri, 24 Oct 2014 18:42:50 GMT
Macy’s, Inc. Board Declares Quarterly Dividend
Fri, 24 Oct 2014 18:34:00 GMT
Business Wire – The board of directors of Macy's, Inc. today declared a regular quarterly dividend of 31.25 cents per share on Macy's common stock, payable January 2, 2015, to shareholder
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Fri, 24 Oct 2014 12:02:00 GMT
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