Macy's's most recent trend suggests a bullish bias. One trading opportunity on Macy's is a Bull Put Spread using a strike $49.00 short put and a strike $44.00 long put offers a potential 10.38% return on risk over the next 30 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $49.00 by expiration. The full premium credit of $0.47 would be kept by the premium seller. The risk of $4.53 would be incurred if the stock dropped below the $44.00 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 75.34 level which suggests that the stock is neither overbought nor oversold at this time.
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LATEST NEWS for Macy's
Retail winners, retail losers
Thu, 21 Nov 2013 22:16:00 GMT
CNBC – Mary Epner, Retail Analysis, looks at retail and where there might be bright spots during this holiday season.
Here Is How Apple Will Change How We Shop at Macy’s
Thu, 21 Nov 2013 20:41:07 GMT
Wall St. Cheat Sheet – Macy’s will soon become the first retailer to utilize Apple’s wireless iBeacon system in two of its major stores.
Dollar Tree Misses On Cautious Consumers, Cuts Views
Thu, 21 Nov 2013 18:51:00 GMT
Investor's Business Daily – Dollar Tree Misses On Cautious Consumers, Cuts Views
J.C. Penney: Even in Best Case, Shares Pricier Than Macy's, Kohl's
Thu, 21 Nov 2013 18:28:00 GMT
Barrons.com – Here's a sobering thought for J.C. Penney (JCP) bulls: Even if everything goes right, J.C. Penney's shares could be overvalued versus Macy's (M) and Kohl's (KSS). At least that's the view from UBS's Michael …
Retailers: high-end doing well, low-end cautious
Thu, 21 Nov 2013 17:36:57 GMT
CNBC – Retail trends: high-end doing well, low-end cautious and very promotional. Today high-end store Williams-Sonoma did well, but Target and Sears didn't.
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