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Downtrend ExhaustionArchive
- 4/25/2025 -
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Macy's Inc. (M) Technical Analysis
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| Summary:
| | Weekly : | | Daily :
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| | It was a first positive week after 4 consecutive negative weeks for the Macy's Inc. (M). During the week, the M climbed 0.05 points, or 0.45%, and closed at 11.18 on Friday, April 25, 2025. M was trading at average weekly trading volume.
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 7.31 and resistance is at 16.47. 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 16.97% retracement level.
 Weekly Technical Indicators: [See M weekly technical indicators chart]
Weekly Williams' Percentage Range and Lane's Stochastic are oversold. Use the Technical Stock Screener to see the list of stocks with weekly oversold 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 weekly MACD line is below its signal line since January 31, 2025. This is an indication that the medium-term trend is down. The distance between MACD and the signal line is relatively high and getting bigger. It indicates that the current medium-term downtrend is strong. 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 April 9, 2025 at 12.05 and reached 10.65 on April 22, 2025. M lost 1.40 points, or 11.62%, in 13 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.
During the last week, daily MACD line has moved above its signal line. Such crossover is considered a bullish signal.
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