Sysco's most recent trend suggests a bearish bias. One trading opportunity on Sysco is a Bear Call Spread using a strike $36.00 short call and a strike $41.00 long call offers a potential 6.38% return on risk over the next 10 calendar days. Maximum profit would be generated if the Bear Call Spread were to expire worthless, which would occur if the stock were below $36.00 by expiration. The full premium credit of $0.30 would be kept by the premium seller. The risk of $4.70 would be incurred if the stock rose above the $41.00 long call strike price.
The 5-day moving average is moving down which suggests that the short-term momentum for Sysco 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 Sysco is bearish.
The RSI indicator is below 20 which suggests that the stock is in oversold territory.
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LATEST NEWS for Sysco
[$$] Restaurants Fear Clout of a New Food Giant
Tue, 07 Jan 2014 05:39:44 GMT
The Wall Street Journal – Restaurants and other customers are starting to fear the clout of the industry giant that would be created by a planned merger between the country's two biggest food distributors.
Sysco to Webcast Presentation From the 16th Annual ICR XChange Conference
Mon, 06 Jan 2014 16:12:13 GMT
noodls – 01/06/2014 HOUSTON, Jan. 6, 2014 (GLOBE NEWSWIRE) — Sysco Corporation (NYSE:SYY) announced today that it will webcast its presentation from the 16th Annual ICR XChange Conference at 9:30 a.m. (Eastern), …
Sysco to Webcast Presentation From the 16th Annual ICR XChange Conference
Mon, 06 Jan 2014 15:22:26 GMT
GlobeNewswire – HOUSTON — Sysco Corporation announced today that it will webcast its presentation from the 16th Annual ICR XChange Conference at 9:30 a.m. (Eastern), Tuesday, January 14. Bill DeLaney, president and chief …
ModernGraham Valuation Of SYSCO Corporation
Thu, 02 Jan 2014 13:22:57 GMT
Today's 3 Worst Stocks in the S&P 500
Wed, 01 Jan 2014 00:46:35 GMT
Motley Fool – Industry dynamics and ex-dividend dates bring down these laggards in the stock market today
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