Sysco's most recent trend suggests a bullish bias. One trading opportunity on Sysco is a Bull Put Spread using a strike $88.00 short put and a strike $83.00 long put offers a potential 33.33% return on risk over the next 23 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $88.00 by expiration. The full premium credit of $1.25 would be kept by the premium seller. The risk of $3.75 would be incurred if the stock dropped below the $83.00 long put strike price.
The 5-day moving average is moving up which suggests that the short-term momentum for Sysco is bullish and the probability of a rise in share price is higher if the stock starts trending.
The 20-day moving average is moving up which suggests that the medium-term momentum for Sysco is bullish.
The RSI indicator is at 76.34 level which suggests that the stock is neither overbought nor oversold at this time.
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LATEST NEWS for Sysco
Could The Sysco Corporation (NYSE:SYY) Ownership Structure Tell Us Something Useful?
Mon, 25 Apr 2022 15:15:47 +0000
If you want to know who really controls Sysco Corporation ( NYSE:SYY ), then you'll have to look at the makeup of its…
Sysco’s Tom Peck Wins 2022 Houston CIO of the Year
Mon, 25 Apr 2022 12:00:00 +0000
HOUSTON, April 25, 2022 (GLOBE NEWSWIRE) — Sysco Corporation (NYSE:SYY), the leading global foodservice distribution company, congratulates Tom Peck, Sysco’s executive vice president and chief information and digital officer on being recognized as the 2022 Houston CIO of the Year ORBIE Awards winner in the Super Global category. The prestigious CIO of the Year ORBIE Award is a leading technology executive recognition program honoring the CIOs who are driving innovation and transforming Houston'
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Fri, 22 Apr 2022 16:52:04 +0000
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Thu, 21 Apr 2022 17:07:05 +0000
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Thu, 21 Apr 2022 15:46:03 +0000
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