NORDSTROM INC (JWN)
US6556641008 - Common Stock
We assign a technical rating of 4 out of 10 to JWN. In the last year, JWN was a medium performer in the overall market. The medium term is still looking fine, but we see some doubts in the very recent evolution.
The long term trend is positive and the short term trend is neutral. The long term trend may just continue or reversal may be around the corner!
JWN has an average volume of 4428450 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
When comparing the yearly performance of all stocks, we notice that JWN is one of the better performing stocks in the market, outperforming 70% of all stocks. However, this overall performance is mostly based on the strong move around 4 months ago.
JWN is an average performer in the Broadline Retail industry, it outperforms 60% of 34 stocks in the same industry.
JWN is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so JWN is lagging the market slightly.
In the last month JWN has a been trading in the 17.20 - 20.37 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Although the technical rating is only medium, JWN does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period. There is very little resistance above the current price. There is a support zone below the current price at 18.80, a Stop Loss order could be placed below this zone.
More info and screens
16.73
21.44
When analyzing the support we can see 3 important areas.
- A support zone ranging from 18.52 to 18.80. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @18.02 from a trend line in the daily time frame.
- A support zone ranging from 16.90 to 17.06. This zone is formed by a combination of multiple trend lines in multiple time frames.
3 important resistance areas can be observed.
- Resistance @19.91 from a trend line in the weekly time frame.
- Resistance @20.72 from a horizontal line in the weekly time frame.
- Resistance @21.23 from a trend line in the daily time frame.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS70.08
Mansfield-0.13
10 Day High20.27
10 Day Low17.2
20 Day High20.37
20 Day Low17.2
52 Week High23.53
52 Week Low12.88
Performance
1 Week1.39%
2 Weeks-4.04%
1 Month-4.62%
3 Month-4.19%
6 Month38.18%
12 Month22.9%
2 Year-26.07%
3 Year-48.2%
5 Year-53.68%
10 Year-68.99%
15 Year-16.04%
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
Technical Indicators
MACD(12,26,9)0.05
RSI(14)50.36
LBB17.61
UBB20.24
NORDSTROM INC
NYSE:JWN (4/25/2024, 7:04:00 PM)
After market: 19.24 +0.24 (+1.26%)19
-0.26 (-1.35%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Discretionary
GICS IndustryBroadline Retail
Performance
% Chg-1.35%
1 Week1.39%
2 Weeks-4.04%
1 Month-4.62%
3 Month-4.19%
6 Month38.18%
12 Month22.9%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)0.9
ATR(20)%4.5%
ATR Inc
Range Today0.51
ADR(20)
ADR(20)%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS
Mansfield
10 Day High20.27
10 Day Low17.2
20 Day High20.37
20 Day Low17.2
52 Week High23.53
52 Week Low12.88
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume2.46M
Volume Incr-17.17%
Vol(5)3.05M
Vol(50)4.43M