MACY'S INC (M) Stock Technical Analysis
USA - New York Stock Exchange - NYSE:M - US55616P1049 - Common Stock
20.54 USD
-0.67 (-3.16%)
20.5252 USD
-0.01 (-0.07%)
We assign a technical rating of 5 out of 10 to M. This is due to a consistent overall performance, although we see some doubts in the very recent evolution. In the medium time frame things are still looking good.
- In the last month M has a been trading in the 20.19 - 24.02 range, which is quite wide. It is currently trading near the lows of this range.
- M is part of the Broadline Retail industry. There are 30 other stocks in this industry. M outperforms 86% of them.
- M is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so M is lagging the market slightly.
- M has an average volume of 6889700 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- The short term trend is negative, but the long term trend is still positive. So although the long term is still positive, this may be a trend turning.
- Looking at the yearly performance, M did better than 83% of all other stocks. However, this overall performance is mostly based on the strong move around 4 months ago.
Although the technical rating is only medium, M does present a nice setup opportunity. Prices have been consolidating lately.
More info and screens
20.33
24.39
We can see 2 important resistance areas.
- A resistance zone ranging from 21.74 to 22.17. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Resistance @24.15 from a horizontal line in the daily time frame.
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 | UP | POSITIVE | The long term trend for M is up. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for M is down. |
| ChartMill Relative Strength | 83.17 | POSITIVE | M has a high relative strength, it outperformed 83.17% 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) | UP | MIXED | The current price of M is below the rising 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) | 37.71 | NEUTRAL | The RSI value for M is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.26 | NEGATIVE | The MACD value suggests M has a negative trend. |
| Stochastics (14,3) | 11.38 | OVERSOLD | The low Stochastics value suggests M may be oversold. |
| Average True Range in percent/ATR (20) | 3.92 | MEDIUM VOLATILITY | The ATR as a percentage value for M suggests some volalility. |
| Average Directional Index/ADX (14) | 21.53 | NEUTRAL | The ADX value for M suggests a possible start of a new trend. |
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)
20.54
-0.67 (-3.16%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Discretionary
GICS IndustryBroadline Retail
Performance
% Chg-3.16%
1 Week-3.07%
2 Weeks-8.63%
1 Month-10.5%
3 Month9.72%
6 Month57.03%
12 Month33.72%
2 Year12.3%
3 Year-13.08%
5 Year36.57%
10 Year-49.17%
15 Year-11.27%
Volatility
ATR(14)0.97
ATR(20)%3.92%
ATR Inc10.74%
Range Today1.22
ADR(20)0.75
ADR(20)%3.65%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS83.17
3 months CRS79.34
6 months CRS92.44
Mansfield2.01
10 Day High24.02
10 Day Low20.19
20 Day High24.02
20 Day Low20.19
52 Week High24.41
52 Week Low9.76
CS1 EndN/A
CR1 Start21.74
Volume & EV
DER(3)-0.51%
DER(5)0.55%
Volume7.72M
Volume Incr-2.26%
Vol(5)6.03M
Vol(50)6.89M
MACY'S INC / M FAQ
What is the ChartMill technical rating of MACY'S INC (M) stock?
ChartMill assigns a technical rating of 5 / 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 Bullish.
What is the RSI signal for M stock?
MACY'S INC (M) has an RSI value of 37.7093. 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 -0.25924, 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.