Macy's's most recent trend suggests a bullish bias. One trading opportunity on Macy's is a Bull Put Spread using a strike $52.50 short put and a strike $47.00 long put offers a potential 5.16% return on risk over the next 37 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $52.50 by expiration. The full premium credit of $0.27 would be kept by the premium seller. The risk of $5.23 would be incurred if the stock dropped below the $47.00 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 68.65 level which suggests that the stock is neither overbought nor oversold at this time.
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LATEST NEWS for Macy's
Accept the retail reset: Pro
Thu, 16 Jan 2014 23:00:00 GMT
CNBC – Mad Money host Jim Cramer looks at what caused today's major weakness in retail.
Weak earnings drag US stocks mostly lower
Thu, 16 Jan 2014 22:15:47 GMT
J.C. Penney Is Following in Macy's Footsteps but Failing
Thu, 16 Jan 2014 21:42:01 GMT
Motley Fool – J.C. Penney is cutting costs just like Macy's did, but the troubled brand can't cut enough to make the top line grow.
Can brick & mortars compete with e-commerce?
Thu, 16 Jan 2014 18:05:00 GMT
CNBC – Mary Epner, Mary Epner Retail Analysis principal, and CNBC's Kelly Grant discuss the state of the retail business and if malls are dead.
Delivering Retail Sales Through Analytics With AgilOne
Thu, 16 Jan 2014 17:56:00 GMT
Forbes – Retailers have known for the longest time that selling more products to an existing customer is generally easier than converting a new customer. This was a fact hundreds of years ago in the village market days and it's the fact in todays heady e-commerce world. But while in the old days “knowing” […]
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