MACY'S INC (M) Technical Analysis
NYSE:M • US55616P1049
Current stock price
M Technical Rating and Analysis
We assign a technical rating of 1 out of 10 to M. 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.
- Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
- In the last month M has a been trading in the 16.69 - 22.83 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 75% of them.
- M has an average volume of 7762260 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- When comparing the performance of all stocks over the past year, M turns out to be only a medium performer in the overall market: it outperformed 62% of all stocks.
- 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.
- Volume is considerably higher in the last couple of days.
M Weekly and Daily overview Charts
M Setup Rating and Analysis
The technical rating of M is bad and it also does not present a quality setup at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
M Support and Resistance Analysis
16.75
We found 1 important support area.
- A support zone ranging from 16.92 to 17.05. This zone is formed by a combination of multiple trend lines in multiple time frames.
We can see 2 important resistance areas.
- A resistance zone ranging from 18.06 to 18.06. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @22.11 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 | 62.29 | NEUTRAL | M is not amongst the best or worst performers 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) | 41.05 | NEUTRAL | The RSI value for M is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.03 | NEGATIVE | The MACD value suggests M has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 26.76 | NEUTRAL | The Stochastics value for M is a neutral value. |
| Average True Range in percent/ATR (20) | 5.58 | HIGH VOLATILITY | The high ATR as a percentage value for M suggests high volalility. |
| Average Directional Index/ADX (14) | 22 | NEUTRAL | The ADX value for M suggests a possible start of a new trend. |
M Chart- and CandleStick Pattern Analysis
M Technicals: Chart, Performance Metrics, Trend & Indicators
18.05
+0.33 (+1.86%)
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 41.0479. 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 -0.0281459, 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.