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Archive
- 4/17/2025 -
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Macy's Inc. (M) Technical Analysis
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| Summary:
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| | It was the negative week for the Macy's Inc. (M). During the week, the M dropped -0.24 points, or -2.11%, and closed at 11.13 on Thursday, April 17, 2025. Weekly volume was -17% below average.
M is a member of Consumer Discretionary Sector. Consumer Discretionary is the second most oversold sector. 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 March 19, 2024 at 22.10 and reached 9.76 on April 8, 2025. M lost 12.34 points, or 55.84%, in 55 weeks. The chart has formed a Broadening Descending Wedge chart pattern. The trend support level is at 7.53 and resistance is at 16.57. A Broadening Descending 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 Descending Wedge chart pattern help, or use a Technical Stock Screener to see the list of stocks with Broadening Descending Wedge pattern in a long-term trend.
 Medium-term trend: [See M medium-term trend chart]
A medium-term downtrend had started on December 26, 2024 at 18.13 and reached 9.76 on April 8, 2025. M lost 8.37 points, or 46.17%, in 14 weeks. The price is now at the 16.37% retracement level.
 Weekly Technical Indicators: [See M weekly technical indicators chart]
Weekly Williams' Percentage Range is oversold. Use the Technical Stock Screener to see the list of stocks with weekly oversold 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.
The weekly MACD line is below its signal line since January 31, 2025. This is an indication that the medium-term trend is down. 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 8, 2025 at 9.76 and reached 12.05 on April 9, 2025. M gained -2.29 points, or -23.46%, in 1 days. Price is near the Fibonacci 38.2% retracement level. The Fibonacci retracement level is considered a support/resistance level.
 Daily Technical Indicators: [See M daily technical indicators chart]
Daily technical indicators are neutral.
The daily MACD line is below its signal line since March 27, 2025. The distance between MACD and the signal line is low and getting smaller.
A Parabolic SAR (stop and reversal) indicator (11.23) comes close to the price (11.13). 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.
The distance between the Bollinger Bands is 149.48% higher then one year average. It indicates the period of high volatility of the stock price. The Bollinger Bands are often used with a non-oscillator indicator like chart patterns or a trendline. The signals are considered more reliable if these indicators confirm the recommendation of the Bollinger Bands. Use the following links to access the Bollinger Bands Help, or use the Technical Stock Screener to see the list of stocks with the price above the Upper Bollinger Band or below the Lower Bollinger Band.
 Candlestick pattern: [See M candlestick chart pattern]
On Friday the chart has formed a Bullish Piercing Line Candlestick pattern. This pattern suggests bulls have begun to take charge of the market, and shorts have been shaken by the sudden lost of bearish momentum. The reliability of the Bullish Piercing Line pattern is moderate. Use the Technical Stock Screener to see the list of stocks that had a Bullish Piercing Line Candlestick pattern during the last week.
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