Urban Outfitters's most recent trend suggests a bullish bias. One trading opportunity on Urban Outfitters is a Bull Put Spread using a strike $36.00 short put and a strike $31.00 long put offers a potential 9.89% return on risk over the next 17 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $36.00 by expiration. The full premium credit of $0.45 would be kept by the premium seller. The risk of $4.55 would be incurred if the stock dropped below the $31.00 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 above 80 which suggests that the stock is in overbought territory.
To learn how to execute such a strategy while accounting for risk and reward in the context of smart portfolio management, and see how to trade live with a successful professional trader, view more here
LATEST NEWS for Urban Outfitters
Extreme summer moves: Trade it or fade it?
Mon, 29 Aug 2016 21:40:00 GMT
What to watch for in Abercrombie & Fitch earnings
Mon, 29 Aug 2016 20:12:19 GMT
Why I'm Buying More Shares of American Eagle Outfitters
Fri, 26 Aug 2016 23:04:00 GMT
Zacks.com featured highlights: ULTA Salon, Cosmetics & Fragrance, Urban Outfitters, SkyWest, NetEase and Dycom Industries
Fri, 26 Aug 2016 13:30:01 GMT
Urban Outfitters Looks Sharp, Gap Looks Unfashionable
Thu, 25 Aug 2016 13:45:00 GMT
Related Posts
Also on Market Tamer…
Follow Us on Facebook