|
|
Archive - 4/24/2026 - Sign In to see current Signals. |
Macy's Inc. (M) Technical Analysis
|
 |
| Summary:
| | Weekly : | | Daily :   Move cursor over the icon to see details.
| | It was a third consecutive positive week for the Macy's Inc. (M). During the week, the M gained 0.56 points, or 2.87%, and closed at 20.10 on Friday, April 24, 2026. Weekly volume was -45% below average.
Long-term trend: [See M long-term trend chart] A long-term downtrend had started on November 18, 2021 at 37.95 and reached 9.76 on April 8, 2025. M lost 28.19 points, or 74.28%, in 176 weeks. The chart has formed a Falling Wedge chart pattern. The downtrend resistance line (9.21) is broken. Usually a broken resistance is considered to be a long-term bullish signal, but since daily indicators are overbought a short-term pull back is possible. M may retest the broken resistance line. It is considered to be a support 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 resistance line in a long-term trend.
Medium-term trend: [See M medium-term trend chart] A medium-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 13.77 and resistance is at 31.39. 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 medium-term trend.
Weekly Technical Indicators: [See M weekly technical indicators chart] Weekly technical indicators are neutral. The weekly MACD line is below its signal line since January 16, 2026. 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 April 2, 2026 at 17.30 and reached 20.57 on April 21, 2026. M gained -3.27 points, or -18.90%, in 19 days. The chart has formed a Broadening Ascending Wedge chart pattern.
Daily Technical Indicators: [See M daily technical indicators chart] Daily Relative Strength Index, Williams' Percentage Range and Lane's Stochastic are overbought. Use the Technical Stock Screener to see the list of stocks with overbought daily Relative Strength Index, Williams' Percentage Range and Lane's Stochastic. During the last week, daily Lane's Stochastic main line (%K) has declined below the overbought signal line (%D). Such crossover is considered a bearish signal. 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, Relative Strength Index and Williams' Percentage Range help. The daily MACD line is above its signal line since March 19, 2026. This is an indication that the short-term trend is up. During the last week, the price has fallen below the Parabolic SAR (stop and reversal). A Parabolic SAR above the price is a bearish signal, and it indicates that momentum is likely to remain in the downward direction. 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.
| |
|
|