Whole Foods's most recent trend suggests a bearish bias. One trading opportunity on Whole Foods is a Bear Call Spread using a strike $57.50 short call and a strike $62.50 long call offers a potential 11.36% return on risk over the next 37 calendar days. Maximum profit would be generated if the Bear Call Spread were to expire worthless, which would occur if the stock were below $57.50 by expiration. The full premium credit of $0.51 would be kept by the premium seller. The risk of $4.49 would be incurred if the stock rose above the $62.50 long call strike price.
The 5-day moving average is moving down which suggests that the short-term momentum for Whole Foods 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 Whole Foods is bearish.
The RSI indicator is at 28.17 level which suggests that the stock is neither overbought nor oversold at this time.
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LATEST NEWS for Whole Foods
Wal-Mart joins program to lift Florida tomato farmworker pay
Fri, 17 Jan 2014 02:50:38 GMT
Reuters – Wal-Mart Stores Inc joined a program on Thursday promoted by workers' rights groups that aims to improve pay and working conditions for Florida farmworkers who pick tomatoes sold to grocery store and restaurant …
Wal-Mart joins initiative on farmworker pay in Fla
Thu, 16 Jan 2014 22:52:59 GMT
PepsiCo discontinues ‘natural' Gatorade
Thu, 16 Jan 2014 21:25:15 GMT
PepsiCo discontinues ‘natural' Gatorade
Thu, 16 Jan 2014 21:25:15 GMT
AP – PepsiCo has discontinued a line of Gatorade it marketed as “natural,” even as people increasingly look for foods and drinks that are positioned as such. The Purchase, N.Y. company said in a statement …
Midday Glance: Supermarkets companies
Thu, 16 Jan 2014 18:31:31 GMT
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