Macy's (M) Technical Analysis: Signals, Charts & Indicators

2.67 / 10

Underperform

Technical assessment is poor, scoring 2.67/10. The chart shows bearish inverted hammer and long lower shadow patterns, while the only neutral signal is a long upper shadow. Overall momentum is weak, suggesting further downside risk.

Analysis Checks(1/3)

Long Upper Shadow

Score6.02/10

Win Rate60.00%

Hist. Signals5

Avg Return0.70%

Long Lower Shadow

Score1/10

Win Rate0.00%

Hist. Signals9

Avg Return-4.37%

Inverted Hammer

Score1/10

Win Rate0.00%

Hist. Signals1

Avg Return-3.11%

Technical Analysis of M?

M presents a Underperform setup with a Technical Score of 2.67/10. Key technical indicators highlight an RSI of 45.27 and a MACD of 0.28, with the trend anchored by the 50-Day SMA at 20.12. Traders should monitor key support at 17.72 and resistance at 18.50.