Urban Outfitters's most recent trend suggests a bullish bias. One trading opportunity on Urban Outfitters is a Bull Put Spread using a strike $35.00 short put and a strike $30.00 long put offers a potential 7.53% return on risk over the next 22 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $35.00 by expiration. The full premium credit of $0.35 would be kept by the premium seller. The risk of $4.65 would be incurred if the stock dropped below the $30.00 long put strike price.
The 5-day moving average is moving up which suggests that the short-term momentum for Urban Outfitters 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 Urban Outfitters is bullish.
The RSI indicator is at 33.13 level which suggests that the stock is neither overbought nor oversold at this time.
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LATEST NEWS for Urban Outfitters
Urban Outfitters Announces Appointment of Trish Donnelly, President of Urban Outfitters Brand, North America
Thu, 17 Apr 2014 13:41:57 GMT
GlobeNewswire – PHILADELPHIA — Urban Outfitters, Inc. , a leading lifestyle specialty retail company operating under the Anthropologie, Bhldn, Free People, Terrain and Urban Outfitters brands, today announced the appointment …
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Feeling Fashionable: Urban Outfitters Gains as Wedbush Predicts Sentiment Shift
Wed, 09 Apr 2014 19:52:00 GMT
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