Whole Foods's most recent trend suggests a bearish bias. One trading opportunity on Whole Foods is a Bear Call Spread using a strike $40.00 short call and a strike $45.00 long call offers a potential 7.99% return on risk over the next 23 calendar days. Maximum profit would be generated if the Bear Call Spread were to expire worthless, which would occur if the stock were below $40.00 by expiration. The full premium credit of $0.37 would be kept by the premium seller. The risk of $4.63 would be incurred if the stock rose above the $45.00 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 33.22 level which suggests that the stock is neither overbought nor oversold at this time.
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LATEST NEWS for Whole Foods
Updating My Outlook For Whole Foods Market: Time To Buy
Fri, 27 Jun 2014 07:56:08 GMT
Whole Foods Market Vs. Sprouts Farmers Market: The Healthiest Showdown
Thu, 26 Jun 2014 22:53:47 GMT
Is Whole Foods Market About to Have an Identity Crisis?
Thu, 26 Jun 2014 22:06:24 GMT
Final Glance: Supermarkets companies
Thu, 26 Jun 2014 22:03:38 GMT
Final Glance: Supermarkets companies
Thu, 26 Jun 2014 22:03:38 GMT
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