The Greedy Trader Weekly Analysis
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- 4/24/2026 -
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Macy's Inc. (M) Technical Analysis

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Summary:
Weekly :Broken trend resistance line
Daily :Relative Strength Index, Williams' Percentage Range and Lane's Stochastic are overboughtStochastic has declined below the signal lineThe price has fallen below the Parabolic SAR
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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.

Daily Oscillators
Description Value Status Divergence Chart
Relative Strength Index (RSI) 80.12
Overbought
Williams' Percentage Range (W%R) 11.00
Overbought
Lane's Stochastic (%D-Slow) 82.87
Overbought
Greed/Fear Indicator (GFI) 83.99
Overbought
Moving Average Converg./Diverg. (MACD) 0.19
Weekly Oscillators
Description Value Status Divergence Chart
Relative Strength Index (RSI) 44.50
Williams' Percentage Range (W%R) 54.40
Lane's Stochastic (%D-Slow) 33.60
Greed/Fear Indicator (GFI) 43.12
Moving Average Converg./Diverg. (MACD) 0.58
Trading Signals
Description Value Chart
Monthly Trendline Resistance 21.55
Upper Bollinger Band 20.98
Parabolic System 20.59
Daily Stochastic Crossing 20.24
Price 20.10
50 Day Moving Average 19.14
20 Day Moving Average 18.94
Weekly Stochastic Crossing 18.08
Lower Bollinger Band 17.52
Sector and Industry
Description Name Rank
Sector Consumer Discretionary 3
Industry Department Stores 22
Daily Trend
Description Value
Direction Up
Chart Pattern Broadening Ascending Wedge
Low 17.30
Low Date 04/02/2026
High 20.57
High Date 04/21/2026
Weekly Trend
Monthly Trend
Description Value
Direction Up
Chart Pattern Uptrend
Status
Resistance
Support
Low 16.69
Low Date 03/19/2026
High 20.57
High Date 04/21/2026
Description Value
Direction Down
Chart Pattern Broadening Descending Wedge
Status Valid
Resistance 21.55
Support 14.40
High 24.41
High Date 12/12/2025
Low 16.69
Low Date 03/19/2026
Quarterly Trend
Yearly Trend
Description Value
Direction Up
Chart Pattern Broadening Ascending Wedge
Status Valid
Resistance 31.39
Support 13.77
Low 9.76
Low Date 04/08/2025
High 24.41
High Date 12/12/2025
Description Value
Direction Down
Chart Pattern Falling Wedge
Status Broken Resistance
Resistance 7.82
Support 9.21
High 37.95
High Date 11/18/2021
Low 9.76
Low Date 04/08/2025
Warning: TheGreedyTrader.com presents weekly analysis. Technical indicators and trend parameters are calculated for the close of business day indicated on the top right corner of the screen.