Caleres, Inc. CAL Stock Analysis

Caleres, Inc. stock trades under the ticker CAL & engages in the sales of retail & wholesale footwear.

CAL stock closed at $24.06/share on 8/11/2021, while completing a bullish MACD crossover.

Breaking Down Caleres, Inc. CAL Stock’s Technicals

Caleres, Inc. CAL Stock Technical Performance Over The Last Year

CAL Stock Price: $24.06

10 Day Moving-Average: $24.11

50 Day Moving-Average: $25.72

200 Day Moving-Average: $19.37

RSI: 47

MACD: -0.465

CAL stock is looking to break out beyond its 10 & 50 Day Moving-Averages, which will add some extra momentum from a technical perspective.

After they cross $24.72, the next target level will be $26.78, as they establish a safer range in that neighborhood.

Caleres, Inc. CAL Stock As A Long-Term Investment

In the long-run, CAL has strong support over their 200 Day Moving-Average, and rewards long-term investors with a 1.15% Dividend.

Unfortunately, their Debt/Equity (ttm) is too high for my liking, but they may be a good fit for certain portfolios.

Trading Caleres, Inc. CAL Options In The Short-Term

From an options perspective, I am looking at the 9/17 exp. $22.50 & $25 calls.

Although their open interest is a bit low, based on the closer strike prices activity I think that more people will be writing them after this current batch expires.

Their puts for the same expiration date are very low in open interest, signaling bullish sentiment in the next month from traders.

However, the $25 & $30 puts still look like their worth taking a closer look at.

All-in-all CAL stock & options look to be well worth taking a closer look at for both short-term traders & long-term investors.