Macy's's most recent trend suggests a bearish bias. One trading opportunity on Macy's is a Bear Call Spread using a strike $23.50 short call and a strike $28.50 long call offers a potential 17.65% return on risk over the next 6 calendar days. Maximum profit would be generated if the Bear Call Spread were to expire worthless, which would occur if the stock were below $23.50 by expiration. The full premium credit of $0.75 would be kept by the premium seller. The risk of $4.25 would be incurred if the stock rose above the $28.50 long call strike price.
The 5-day moving average is moving down which suggests that the short-term momentum for Macy's 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 Macy's is bearish.
The RSI indicator is at 21.67 level which suggests that the stock is neither overbought nor oversold at this time.
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 Macy's
UBS-Barclays Commercial Mortgage Trust 2013-C5 — Moody's affirms ten and downgrades two classes of UBSBB 2013-C5
Thu, 09 May 2019 18:51:09 +0000
Rating Action: Moody's affirms ten and downgrades two classes of UBSBB 2013- C5. Global Credit Research- 09 May 2019. Approximately $1.3 billion of structured securities affected.
Macy's (M) Dips More Than Broader Markets: What You Should Know
Wed, 08 May 2019 21:45:09 +0000
Macy's (M) closed the most recent trading day at $22.74, moving -0.22% from the previous trading session.
Analysts Estimate Macy's (M) to Report a Decline in Earnings: What to Look Out for
Wed, 08 May 2019 14:30:02 +0000
Macy's (M) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
See what the IHS Markit Score report has to say about Macy's Inc.
Tue, 07 May 2019 12:01:25 +0000
Macy's Inc NYSE:MView full report here! Summary * Perception of the company's creditworthiness is neutral but improving * ETFs holding this stock are seeing positive inflows but are weakening * Bearish sentiment is low and declining * Economic output in this company's sector is expanding Bearish sentimentShort interest | PositiveShort interest is low for M with fewer than 5% of shares on loan. Additionally, this was an improvement in sentiment as investors who seek to profit from falling equity prices reduced their short positions on April 30. Money flowETF/Index ownership | NegativeETF activity is negative and may be weakening. The net inflows of $3.50 billion over the last one-month into ETFs that hold M are among the lowest of the last year and appear to be slowing. Economic sentimentPMI by IHS Markit | PositiveAccording to the latest IHS Markit Purchasing Managers' Index (PMI) data, output in the Consumer Services sector is rising. The rate of growth is strong relative to the trend shown over the past year, and is accelerating. Credit worthinessCredit default swap | NeutralThe current level displays a neutral indicator with a strengthening bias over the past 1-month. M credit default swap spreads are decreasing, indicating some improvement in the market's perception of the company's credit worthiness. Additionally, they are within the middle of the range set over the last three years.Please send all inquiries related to the report to email@example.com.Charts and report PDFs will only be available for 30 days after publishing.This document has been produced for information purposes only and is not to be relied upon or as construed as investment advice. To the fullest extent permitted by law, IHS Markit disclaims any responsibility or liability, whether in contract, tort (including, without limitation, negligence), equity or otherwise, for any loss or damage arising from any reliance on or the use of this material in any way. Please view the full legal disclaimer and methodology information on pages 2-3 of the full report.
CSAIL 2015-C2 Commercial Mortgage Trust — Moody's affirms six classes of CSAIL 2015-C2
Fri, 03 May 2019 22:33:06 +0000
The ratings on the P&I classes were affirmed because the transaction's key metrics, including Moody's loan-to-value (LTV) ratio, Moody's stressed debt service coverage ratio (DSCR) and the transaction's Herfindahl Index (Herf), are within acceptable ranges. Moody's rating action reflects a base expected loss of 6.0% of the current pooled balance, compared to 5.6% at Moody's last review.
Also on Market Tamer…
Follow Us on Facebook