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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.

Open High Low M Price Change
10.920 10.990 10.740 10.875 +0.035
Entry Signal

MarketClub’s Trade Triangles for M

long term down The long-term trend has been DOWN since Mar 13th, 2023 at 19.400

intermediate term down The intermediate-term trend has been DOWN since Aug 14th, 2023 at 15.425

short term down 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).

Smart Scan Analysis for M
Strong Downtrend Sideways 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 High41.99Year High Date2018-08-14
Year Low22.47Year Low Date2018-02-06
52wk High25.1252wk High Date2023-02-03
52wk Low10.6652wk Low Date2023-09-21
Year End Close39.02Average Volume11,709,016
Shares Outstanding273,634Short Interest7,105,419
% Institutional85.7Market Cap5,510M
P/E Ratio2.883Beta0.93
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