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Stock Trend Analysis Report
Prepared for you on Thursday, November 21, 2024.
Macy's, Inc (NYSE:M)
Long-Term Downtrend (-90) - M is in a strong downtrend that is likely to continue. While M is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution and set stops.
Is it time to buy, sell, or avoid M?
MarketClub looks at technical strength and momentum to determine if the timing is right for M.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
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MarketClub’s Trade Triangles for M
The long-term trend has been DOWN since Jul 2nd, 2024 at 18.015
The intermediate-term trend has been DOWN since Nov 12th, 2024 at 15.000
The short-term trend has been DOWN since Nov 11th, 2024 at 15.635
Smart Scan Analysis for M
Based on our trend formula, M is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 14.6000 | 15.0800 | 14.5105 | 15.0650 | +0.5050 |
| Prev. Close | Volume | Bid | Ask | Time |
| 14.5600 | 4325995 | 2024-11-21 15:59:32 |
| Year High | 41.99 | Year High Date | 2018-08-14 |
| Year Low | 22.47 | Year Low Date | 2018-02-06 |
| 52wk High | 22.1 | 52wk High Date | 2024-03-19 |
| 52wk Low | 14.0601 | 52wk Low Date | 2024-09-11 |
| Year End Close | 39.02 | Average Volume | 5,037,901 |
| Shares Outstanding | 277,373 | Short Interest | 7,105,419 |
| % Institutional | 85.7 | Market Cap | 5,510M |
| Assets | 158,330,000M | Liabilities | 115,300,000M |
| P/E Ratio | 22.4 | Beta | 0.93 |
| Volatility | 45.8 |