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Archive
- 6/5/2026 -
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Macy's Inc. (M) Technical Analysis
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| Summary:
| | Weekly :  | | Daily :
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| | It was a third positive week after 3 consecutive negative weeks for the Macy's Inc. (M). During the week, the M gained 0.40 points, or 1.84%, and closed at 22.16 on Friday, June 5, 2026. Weekly volume was 45% above average.
 Long-term trend: [See M long-term trend chart]
A long-term uptrend had started on April 8, 2025 at 9.76 and reached 24.41 on December 12, 2025. M gained -14.65 points, or -150.10%, in 35 weeks. The chart has formed a Broadening Ascending Wedge chart pattern. The trend support level is at 18.23 and resistance is at 33.64. A Broadening Ascending Wedge pattern is considered to be a reversal formation. It usually appears in a mature trend, characterized by overbought/oversold long-term and short-term indicators, and often generates divergence on long-term indicators. Use the following link to access a Broadening Ascending Wedge chart pattern help, or use a Technical Stock Screener to see the list of stocks with Broadening Ascending Wedge pattern in a long-term trend.
Medium-term trend: [See M medium-term trend chart]
A medium-term uptrend had started on March 19, 2026 at 16.69 and reached 23.60 on June 4, 2026. M gained -6.91 points, or -41.40%, in 11 weeks. The chart has formed a Broadening Ascending Wedge chart pattern. The trend support level is at 18.37 and resistance is at 23.45. Use the following link to access a Broadening Ascending Wedge chart pattern help, or use a Technical Stock Screener to see the list of stocks with Broadening Ascending Wedge pattern in a medium-term trend.
 Weekly Technical Indicators: [See M weekly technical indicators chart]
Weekly Williams' Percentage Range is strongly overbought. Use the Technical Stock Screener to see the list of stocks with strongly overbought weekly overbought Williams' Percentage Range. 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 link to access Williams' Percentage Range help.
During the last week, weekly MACD line has moved above its signal line. Such crossover is considered a bullish signal. Use the following link to access a MACD help.
 Short-term trend: [See M short-term trend chart]
A short-term uptrend had started on May 15, 2026 at 17.93 and reached 23.60 on June 4, 2026. M gained -5.67 points, or -31.62%, in 20 days. Price is near the Fibonacci 23.6% retracement level. The Fibonacci retracement level is considered a support/resistance level.
Daily Technical Indicators: [See M daily technical indicators chart]
Daily Williams' Percentage Range is strongly overbought. Use the Technical Stock Screener to see the list of stocks with strongly overbought daily overbought Williams' Percentage Range. During the last week, daily Lane's Stochastic signal line (%D) has moved below overbought area. Such crossover is considered a bearish signal. Daily Lane's Stochastic has bearish divergence. Use the following links to access the Lane's Stochastic help, or use the Technical Stock Screener to see the list of stocks with daily Lane's Stochastic bearish divergence. The divergence between price and indicator is considering one of the most important buy/sell stocks trading signal. Use the following link to access Lane's Stochastic help.
The daily MACD line is above its signal line since May 19, 2026. This is an indication that the short-term trend is up.
A Parabolic SAR (stop and reversal) indicator (21.94) comes close to the price (22.16). It indicates that the trend is getting weaker. A Parabolic SAR is used as a trailing stop loss for long or short positions. It works best during strong trending periods. Use the following links to access Parabolic SAR Help, or use the Technical Stock Screener to see the list of stocks with the Parabolic SAR close to the price level.
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