MACY'S INC (M)

US55616P1049 - Common Stock

18.43  +0.08 (+0.44%)

Premarket: 18.43 0 (0%)

Technical Rating and Analysis

2

We assign a technical rating of 2 out of 10 to M. M has been an average performer in the overall market, it is still ok in the medium term time frame, but very the very recent evolution is negative.

In the last month M has a been trading in the 18.18 - 20.45 range, which is quite wide. It is currently trading near the lows of this range.
M has an average volume of 7910220 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.
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 58% of all stocks.
M is an average performer in the Broadline Retail industry, it outperforms 48% of 34 stocks in the same industry.
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.
Considerably lower volume is observed in the last couple of days.
Weekly and Daily overview Charts
M Weekly chart
M Daily chart
Setup Rating and Analysis

7

Although the technical rating is bad, M does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced.

Support and Resistance Analysis

17.27

21.40

We found 2 important support areas.

  • Support @18.42 from a horizontal line in the weekly time frame.
  • A support zone ranging from 17.44 to 17.63. This zone is formed by a combination of multiple trend lines in the daily time frame.

We can see 4 important resistance areas.

  • A resistance zone ranging from 18.52 to 19.11. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • Resistance @20.19 from a horizontal line in the daily time frame.
  • Resistance @20.85 from a trend line in the weekly time frame.
  • Resistance @21.19 from a horizontal line in the weekly time frame.
Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS58.2
Mansfield0.44
10 Day High19.64
10 Day Low18.18
20 Day High20.45
20 Day Low18.18
52 Week High22.1
52 Week Low10.54
Performance
1 Week-0.54%
2 Weeks-4.51%
1 Month-7.8%
3 Month-2.49%
6 Month57.79%
12 Month12.79%
2 Year-23.75%
3 Year11.16%
5 Year-21.71%
10 Year-67.91%
15 Year34.72%
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)-0.07
RSI(14)41.21
LBB18
UBB20.12
M Daily chart

MACY'S INC

NYSE:M (4/26/2024, 7:04:00 PM)

Premarket: 18.43 0 (0%)

18.43

+0.08 (+0.44%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Discretionary
GICS IndustryBroadline Retail
Performance
% Chg0.44%
1 Week-0.54%
2 Weeks-4.51%
1 Month-7.8%
3 Month-2.49%
6 Month57.79%
12 Month12.79%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)0.6
ATR(20)%3.28%
ATR Inc
Range Today0.43
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 High19.64
10 Day Low18.18
20 Day High20.45
20 Day Low18.18
52 Week High22.1
52 Week Low10.54
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume3.82M
Volume Incr-35.53%
Vol(5)4.19M
Vol(50)7.91M