Nordstrom's most recent trend suggests a bearish bias. One trading opportunity on Nordstrom is a Bear Call Spread using a strike $52.65 short call and a strike $57.65 long call offers a potential 10.62% return on risk over the next 17 calendar days. Maximum profit would be generated if the Bear Call Spread were to expire worthless, which would occur if the stock were below $52.65 by expiration. The full premium credit of $0.48 would be kept by the premium seller. The risk of $4.52 would be incurred if the stock rose above the $57.65 long call strike price.
The 5-day moving average is moving down which suggests that the short-term momentum for Nordstrom 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 Nordstrom is bearish.
The RSI indicator is below 20 which suggests that the stock is in oversold territory.
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LATEST NEWS for Nordstrom
This Week’s Best Deals: Big Sales from Nike, Nordstrom, Kohl’s, Home Depot
Tue, 29 Dec 2015 11:30:35 GMT
Customer Service Initiatives, The Amazon-Virgin-Amex-Disney-Nike-Nordstrom Way
Mon, 28 Dec 2015 18:08:00 GMT
The Five Biggest Stories of 2015
Mon, 28 Dec 2015 16:25:50 GMT
This could be the next blow to department stores
Mon, 28 Dec 2015 13:00:00 GMT
Weekly 3-Year Low Highlights: Nordstrom, NetApp, FMC Technologies, Dillards
Mon, 28 Dec 2015 09:00:12 GMT
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