Whole Foods's most recent trend suggests a bearish bias. One trading opportunity on Whole Foods is a Bear Call Spread using a strike $55.00 short call and a strike $60.00 long call offers a potential 9.89% return on risk over the next 31 calendar days. Maximum profit would be generated if the Bear Call Spread were to expire worthless, which would occur if the stock were below $55.00 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 rose above the $60.00 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 53.17 level which suggests that the stock is neither overbought nor oversold at this time.
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LATEST NEWS for Whole Foods
Gap Ditches the Minimum Wage, Gives Raises to 65,000 Workers
Thu, 20 Feb 2014 00:23:14 GMT
BusinessWeek – Retail apparel chain Gap says it will set its hourly minimum wage for U.S. employees at $9 this year and $10 in 2015
Final Glance: Supermarkets companies
Wed, 19 Feb 2014 23:13:22 GMT
Final Glance: Supermarkets companies
Wed, 19 Feb 2014 23:13:22 GMT
Whole Foods' Growth Slows as Competition Heats Up
Wed, 19 Feb 2014 22:31:59 GMT
Online shopping satisfaction hits 12-year low
Wed, 19 Feb 2014 20:51:09 GMT
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