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Daily MACD Divergence: | Bullish |
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Number of records: 10 |
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Advanced TA SearchArchive - 3/15/2024 - Sign In to see current Signals. |
Nordstrom (JWN) Technical Analysis
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| Summary:
| | Weekly : | | Daily : Move cursor over the icon to see details.
| | It was a first positive week for the Nordstrom (JWN). During the week, the JWN gained 0.23 points, or 1.35%, and closed at 17.29 on Friday, March 15, 2024. Weekly volume was -23% below average. Long-term trend: [See JWN long-term trend chart] A long-term downtrend had started on March 15, 2021 at 46.45 and reached 12.88 on November 13, 2023. JWN lost 33.57 points, or 72.27%, in 139 weeks. The price is now at the 13.14% retracement level. Medium-term trend: [See JWN medium-term trend chart] A medium-term uptrend had started on November 13, 2023 at 12.88 and reached 21.91 on February 29, 2024. JWN gained -9.03 points, or -70.11%, in 15 weeks. The chart has formed a Rising Wedge chart pattern. The uptrend support line (21.88) is broken. Usually a broken support is considered to be a long-term bearish signal, but since daily indicators are oversold a short-term pull back is possible. JWN may retest the broken support line. It is considered to be a resistance line now. Use the following links to access Trend Support/Resistance Help, or use the Technical Stock Screener to see the list of stocks with broken trend support in a medium-term trend. Weekly Technical Indicators: [See JWN weekly technical indicators chart] Weekly technical indicators are neutral. The weekly MACD line is above its signal line since December 1, 2023. This is an indication that the medium-term trend is up. The distance between MACD and the signal line is low and getting smaller. It indicates that the current medium-term uptrend is getting weak. Use the following link to access a MACD help. Short-term trend: [See JWN short-term trend chart] A short-term downtrend had started on February 29, 2024 at 21.91 and reached 16.86 on March 8, 2024. JWN lost 5.05 points, or 23.05%, in 8 days. The price is now at the 8.51% retracement level. Daily Technical Indicators: [See JWN daily technical indicators chart] Daily Williams' Percentage Range and Lane's Stochastic are oversold. Use the Technical Stock Screener to see the list of stocks with daily oversold Williams' Percentage Range and Lane's Stochastic. Oscillators are designed to signal a possible trend reversal. They can act as alerts and should be taken in conjunction with other technical analysis tools. Oscillators can be used to confirm other technical signals. Use the following links to access Lane's Stochastic and Williams' Percentage Range help. The daily MACD line is below its signal line since March 4, 2024. This is an indication that the short-term trend is down.
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Daily Oscillators |
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Weekly Oscillators |
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Trading
Signals |
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Sector and
Industry |
Description |
Name |
Rank |
Sector |
Consumer Discretionary |
7 |
Industry |
Department Stores |
44 |
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Daily Trend |
Description |
Value |
Direction |
Down |
Chart Pattern |
DownTrend |
High |
18.22 |
High Date |
03/13/2024 |
Low |
17.27 |
Low Date |
03/15/2024 |
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Weekly Trend |
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Description |
Value |
Direction |
Down |
Chart Pattern |
DownTrend |
Status |
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Resistance |
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Support |
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High |
21.91 |
High Date |
02/29/2024 |
Low |
16.86 |
Low Date |
03/08/2024 |
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Description |
Value |
Direction |
Up |
Chart Pattern |
Rising Wedge |
Status |
Broken Support |
Resistance |
22.66 |
Support |
21.88 |
Low |
12.88 |
Low Date |
11/13/2023 |
High |
21.91 |
High Date |
02/29/2024 |
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Quarterly Trend |
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Description |
Value |
Direction |
Down |
Chart Pattern |
DownTrend |
Status |
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Resistance |
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Support |
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High |
46.45 |
High Date |
03/15/2021 |
Low |
12.88 |
Low Date |
11/13/2023 |
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Description |
Value |
Direction |
Down |
Chart Pattern |
DownTrend |
Status |
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Resistance |
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Support |
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High |
83.16 |
High Date |
03/23/2015 |
Low |
11.72 |
Low Date |
09/24/2020 |
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