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Archive - 5/29/2026 - Sign In to see current Signals. |
Macy's Inc. (M) Technical Analysis
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| Summary:
| | | Weekly : | | Daily :  Move cursor over the icon to see details.
| | It was a second positive week after 3 consecutive negative weeks for the Macy's Inc. (M). During the week, the M gained 1.10 points, or 5.32%, and closed at 21.76 on Friday, May 29, 2026. Weekly volume was -15% below average.
Long-term trend: [See M long-term trend chart] A long-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 18.08 and resistance is at 33.25. 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 long-term trend.
Medium-term trend: [See M medium-term trend chart] A medium-term uptrend had started on March 19, 2026 at 16.69 and reached 22.58 on May 28, 2026. M gained -5.89 points, or -35.29%, in 10 weeks. The chart has formed a Broadening Ascending Wedge chart pattern. The trend support level is at 18.23 and resistance is at 23.00. 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. The distance between MACD and the signal line is low and getting smaller. 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 May 15, 2026 at 17.93 and reached 22.58 on May 28, 2026. M gained -4.65 points, or -25.93%, in 13 days. The price is now at the 17.63% retracement level.
Daily Technical Indicators: [See M daily technical indicators chart] Daily Williams' Percentage Range and Lane's Stochastic are strongly overbought. Use the Technical Stock Screener to see the list of stocks with strongly overbought daily overbought Williams' Percentage Range and 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 links to access Lane's Stochastic and Williams' Percentage Range help. The daily MACD line is above its signal line since May 19, 2026. This is an indication that the short-term trend is up. The distance between MACD and the signal line is near its high and getting bigger. It indicates that the current short-term uptrend is strong.
Candlestick pattern: [See M candlestick chart pattern] On Friday the chart has formed a Bearish Harami Candlestick pattern. A Bearish Harami pattern occurs in an uptrend. It shows the bulls’ upward drive has weakened and now a trend reversal is possible. The reliability of the Bearish Harami pattern is low. Use the Technical Stock Screener to see the list of stocks that had a Bearish Harami Candlestick pattern during the last week.
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| Daily Oscillators |
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| Weekly Oscillators |
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| Trading
Signals |
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| Sector and
Industry |
| Description |
Name |
Rank |
| Sector |
Consumer Discretionary |
4 |
| Industry |
Department Stores |
68 |
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| Daily Trend |
| Description |
Value |
| Direction |
Up |
| Chart Pattern |
Uptrend |
| Low |
17.93 |
| Low Date |
05/15/2026 |
| High |
22.58 |
| High Date |
05/28/2026 |
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| Weekly Trend |
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| Description |
Value |
| Direction |
Up |
| Chart Pattern |
Uptrend |
| Status |
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| Resistance |
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| Support |
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| Low |
17.93 |
| Low Date |
05/15/2026 |
| High |
22.58 |
| High Date |
05/28/2026 |
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| Description |
Value |
| Direction |
Up |
| Chart Pattern |
Broadening Ascending Wedge |
| Status |
Valid |
| Resistance |
23.00 |
| Support |
18.23 |
| Low |
16.69 |
| Low Date |
03/19/2026 |
| High |
22.58 |
| High Date |
05/28/2026 |
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| Quarterly Trend |
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| Description |
Value |
| Direction |
Down |
| Chart Pattern |
DownTrend |
| Status |
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| Resistance |
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| Support |
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| High |
24.41 |
| High Date |
12/12/2025 |
| Low |
16.69 |
| Low Date |
03/19/2026 |
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| Description |
Value |
| Direction |
Up |
| Chart Pattern |
Broadening Ascending Wedge |
| Status |
Valid |
| Resistance |
33.25 |
| Support |
18.08 |
| Low |
9.76 |
| Low Date |
04/08/2025 |
| High |
24.41 |
| High Date |
12/12/2025 |
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