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Downtrend Broken Resist.Archive
- 4/17/2026 -
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Macy's Inc. (M) Technical Analysis
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| Summary:
| | Weekly :  | | Daily :
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| | It was a second consecutive positive week for the Macy's Inc. (M). During the week, the M gained 0.68 points, or 3.61%, and closed at 19.54 on Friday, April 17, 2026. Weekly volume was -41% 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 (9.22) 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 13.69 and resistance is at 31.00. 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. During the last week, weekly Lane's Stochastic signal line (%D) has moved above oversold area. Such crossover is considered a bullish 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 link to access Lane's Stochastic help.
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 19.72 on April 17, 2026. M gained -2.42 points, or -13.99%, in 15 days. The price is now at the 7.44% retracement level.
 Daily Technical Indicators: [See M daily technical indicators chart]
Daily Williams' Percentage Range and Lane's Stochastic are overbought. Use the Technical Stock Screener to see the list of stocks with overbought daily Williams' Percentage Range and Lane's Stochastic. Daily MACD has bearish divergence. Use the following links to access the MACD help, or use the Technical Stock Screener to see the list of stocks with daily MACD 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 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 advanced above the 50 Day Moving Average. Such crossover is considered a bullish signal. The moving average crossover signals work better when the stock develops a strong trend, but they are ineffective when the stock is in a trading range. Moving average crossover systems can be effective, but should be used in conjunction with trend patterns, momentum indicators, candlesticks and other aspects of technical analysis. Use the following links to access Moving Average Crossover trading technique, or use the Technical Stock Screener to see the list of stocks with the Moving Average close to the price level.
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