|
|
Downtrend Broken Resist.Archive
- 3/6/2026 -
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 the negative week for the Macy's Inc. (M). During the week, the M dropped -1.51 points, or -7.63%, and closed at 18.27 on Friday, March 6, 2026. Weekly volume was 24% above average.
M is a member of Department Stores Industry. Department Stores is the sixth most oversold industry. Sector/industry rotation is considered a proven strategy to beat the market. Use the following links to find overbought/oversold technical indicators by Sector or by Industry.
 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 (9.28) is broken. A broken support is considered to be a long-term bullish signal. 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 13.25 and resistance is at 28.75. 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 downtrend had started on February 18, 2026 at 23.01 and reached 17.70 on March 3, 2026. M lost 5.31 points, or 23.08%, in 13 days. The chart has formed a Broadening Descending Wedge chart pattern. The trend support level is at 16.36 and resistance is at 18.97. Use the following link to access a Broadening Descending Wedge chart pattern help, or use a Technical Stock Screener to see the list of stocks with Broadening Descending Wedge pattern in a short-term trend.
 Daily Technical Indicators: [See M daily technical indicators chart]
Daily Lane's Stochastic is oversold. Use the Technical Stock Screener to see the list of stocks with daily oversold 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 link to access Lane's Stochastic help.
The daily MACD line is below its signal line since February 23, 2026. This is an indication that the short-term trend is down. The distance between MACD and the signal line is relatively high and getting bigger. It indicates that the current short-term downtrend is strong.
| |
|
|