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 15.47% return on risk over the next 30 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 $0.67 would be kept by the premium seller. The risk of $4.33 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 28.95 level which suggests that the stock is neither overbought nor oversold at this time.
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LATEST NEWS for Whole Foods
Green Mountain To Kill Buzz On Unlicensed Packets
Thu, 21 Nov 2013 18:29:00 GMT
Investor's Business Daily – Green Mountain To Kill Buzz On Unlicensed Packets
Midday Glance: Supermarkets companies
Thu, 21 Nov 2013 18:19:29 GMT
Midday Glance: Supermarkets companies
Thu, 21 Nov 2013 18:19:29 GMT
AP – Shares of some top supermarkets companies are up at 1 p.m.: Kroger rose $.25 or .6 percent, to $41.90. Safeway rose $.86 or 2.6 percent, to $34.02. Supervalu rose $.09 or 1.5 percent, to $6.28. Whole Foods …
Early Glance: Supermarkets companies
Thu, 21 Nov 2013 15:36:11 GMT
Early Glance: Supermarkets companies
Thu, 21 Nov 2013 15:36:11 GMT
AP – Shares of some top supermarkets companies are mixed at 10 a.m.: Kroger fell $.07 or .2 percent, to $41.58. Safeway fell $.55 or 1.7 percent, to $32.61. Supervalu rose $.02 or .3 percent, to $6.21. Whole …
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