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Stock Trend Analysis Report
Prepared for you on Sunday, September 24, 2023.
Macy's, Inc (NYSE:M)
Strong Downtrend (-100) - M is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, M continues to fall. 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 Mar 13th, 2023 at 19.400
The intermediate-term trend has been DOWN since Aug 14th, 2023 at 15.425
The short-term trend has been DOWN since Sep 5th, 2023 at 12.140
Smart Scan Analysis for M
Based on our trend formula, M is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 10.920 | 10.990 | 10.740 | 10.875 | +0.035 |
| Prev. Close | Volume | Bid | Ask | Time |
| 10.870 | 9750654 | 2023-09-22 15:59:54 |
| Year High | 41.99 | Year High Date | 2018-08-14 |
| Year Low | 22.47 | Year Low Date | 2018-02-06 |
| 52wk High | 25.12 | 52wk High Date | 2023-02-03 |
| 52wk Low | 10.66 | 52wk Low Date | 2023-09-21 |
| Year End Close | 39.02 | Average Volume | 11,709,016 |
| Shares Outstanding | 273,634 | Short Interest | 7,105,419 |
| % Institutional | 85.7 | Market Cap | 5,510M |
| Assets | 168,680,000M | Liabilities | 126,980,000M |
| P/E Ratio | 2.883 | Beta | 0.93 |
| Volatility | 45.8 |