MACY'S INC (M) Technical Analysis
NYSE:M • US55616P1049
Current stock price
17.94 USD
-0.55 (-2.97%)
At close:
17.88 USD
-0.06 (-0.33%)
After Hours:
M Technical Rating and Analysis
Overall M gets a technical rating of 1 out of 10. M has been an average performer in the overall market. Also recent evolutions are not that positive: both the medium and short term time frames give negative signs.
- The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
- M is part of the Broadline Retail industry. There are 30 other stocks in this industry. M outperforms 79% of them.
- In the last month M has a been trading in the 16.69 - 19.46 range, which is quite wide. It is currently trading in the middle of this range where prices have been consolidating recently, this may present a good entry opportunity, but some resistance may be present above.
- M has an average volume of 7780410 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 M is one of the better performing stocks in the market, outperforming 74% of all stocks. However, this overall performance is mostly based on the strong move around 7 months ago.
- M 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 M is lagging the market slightly.
M Weekly and Daily overview Charts
M Setup Rating and Analysis
Although the technical rating is bad, M does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period. There is a support zone below the current price at 17.19, a Stop Loss order could be placed below this zone.
More info and screens
M Support and Resistance Analysis
16.34
22.14
We found 2 important support areas.
- A support zone ranging from 16.92 to 17.19. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @16.51 from a horizontal line in the daily time frame.
We can see 2 important resistance areas.
- Resistance @18.50 from a horizontal line in the daily time frame.
- Resistance @21.92 from a trend line in the daily time frame.
M Technical Indicator Signal Analysis
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | DOWN | NEGATIVE | The long term trend for M is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for M is down. |
| ChartMill Relative Strength | 74.05 | POSITIVE | M has a high relative strength, it outperformed 74.05% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of M is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of M is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of M is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 41.36 | NEUTRAL | The RSI value for M is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.19 | POSITIVE | The MACD value suggests M has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 71.68 | NEUTRAL | The Stochastics value for M is a neutral value. |
| Average True Range in percent/ATR (20) | 4.92 | MEDIUM VOLATILITY | The ATR as a percentage value for M suggests some volalility. |
| Average Directional Index/ADX (14) | 18.87 | NEGATIVE | The low ADX value for M suggests a weak or negative trend. |
M Chart- and CandleStick Pattern Analysis
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)
M Technicals: Chart, Performance Metrics, Trend & Indicators
17.94
-0.55 (-2.97%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Discretionary
GICS IndustryBroadline Retail
Performance
% Chg-2.97%
1 Week0.39%
2 Weeks5.22%
1 Month-9.3%
3 Month-20.16%
6 Month-0.33%
12 Month40.05%
2 Year-10.26%
3 Year2.57%
5 Year10.81%
10 Year-59.31%
15 Year-26.05%
Volatility
ATR(14)0.81
ATR(20)%4.92%
ATR Inc-46.21%
Range Today0.64
ADR(20)0.79
ADR(20)%4.42%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS74.05
3 months CRS20.7
6 months CRS62.11
Mansfield1.01
10 Day High18.95
10 Day Low16.69
20 Day High19.47
20 Day Low16.69
52 Week High24.41
52 Week Low9.76
CS1 End17.19
CR1 Start18.5
Volume & EV
DER(3)0.72%
DER(5)1.48%
Volume6.31M
Volume Incr-32.43%
Vol(5)6.61M
Vol(50)7.78M
MACY'S INC / M TA FAQ
What is the ChartMill technical rating of MACY'S INC (M) stock?
ChartMill assigns a technical rating of 1 / 10 to M.
What is the current trend direction of MACY'S INC (M) stock?
The current trend direction for MACY'S INC (M) is Bearish.
What is the RSI signal for M stock?
MACY'S INC (M) has an RSI value of 41.3612. This indicates that the stock is currently neutral.
What is the MACD signal for M stock?
The MACD indicator for MACY'S INC (M) has a value of 0.191412, indicating a bearish trend.
What is the short term momentum for MACY'S INC (M) stock?
The short term momentum for MACY'S INC (M) is negative.