Macy's's most recent trend suggests a bearish bias. One trading opportunity on Macy's is a Bear Call Spread using a strike $57.50 short call and a strike $62.50 long call offers a potential 13.9% return on risk over the next 16 calendar days. Maximum profit would be generated if the Bear Call Spread were to expire worthless, which would occur if the stock were below $57.50 by expiration. The full premium credit of $0.61 would be kept by the premium seller. The risk of $4.39 would be incurred if the stock rose above the $62.50 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 78.34 level which suggests that the stock is neither overbought nor oversold at this time.
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LATEST NEWS for Macy's
U.S. retailers' February same-store sales review
Thu, 06 Mar 2014 23:13:19 GMT
Reuters – Click on the attached link for a Thomson Reuters report that reviews February same-store sales by U.S. retailers.
Harsh Winter Weather Cools February Retail Comps
Thu, 06 Mar 2014 22:23:00 GMT
Macy's Continued to Dominate in Q4
Thu, 06 Mar 2014 03:01:56 GMT
Macy's Announced Dividend, But Is It A Buy Over Nordstrom?
Wed, 05 Mar 2014 21:38:39 GMT
Macy’s “Secret Garden” Campaign Blossoms This Spring
Wed, 05 Mar 2014 14:00:00 GMT
Business Wire – This week, in celebration of spring, Macy’s Secret Garden campaign will be in full bloom at Macy’s stores across the country, on macys.com and in local communities nationwide. Alon
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