Free Daily Analysis

Stock Trend Analysis Report

Prepared for you on Tuesday, April 16, 2024.

Macy's, Inc (NYSE:M)

Crossroads (-60) - M is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.

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.

NYSE_M
Open High Low M Price Change
19.590 19.644 18.620 18.855 -0.445
Entry Signal

MarketClub’s Trade Triangles for M

long term up The long-term trend has been UP since Dec 1st, 2023 at 15.975

intermediate term down The intermediate-term trend has been DOWN since Mar 25th, 2024 at 19.810

short term down The short-term trend has been DOWN since Apr 12th, 2024 at 19.200

Smart Scan Analysis for M

Based on our trend formula, M is rated as a -60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-60
Smart Scan Analysis for M
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
19.590 19.644 18.620 18.855 -0.445
Prev. Close Volume Bid Ask Time
18.890 3950695 2024-04-15 15:59:43
Year High41.99Year High Date2018-08-14
Year Low22.47Year Low Date2018-02-06
52wk High22.152wk High Date2024-03-19
52wk Low10.5452wk Low Date2023-10-13
Year End Close39.02Average Volume7,339,535
Shares Outstanding274,272Short Interest7,105,419
% Institutional85.7Market Cap5,510M
Assets162,460,000MLiabilities121,090,000M
P/E Ratio50.7895Beta0.93
Volatility45.8
Get a free daily analysis and signals for Macy's, Inc (M) - Request Your Free Report.