Macy's MACD Death Cross and RSI Overbought Indicate Market Volatility
ByAinvest
Friday, Feb 6, 2026 2:48 pm ET1min read
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Based on the 15-minute chart for Macy's, the Moving Average Convergence Divergence (MACD) indicator has triggered a death cross, and the Relative Strength Index (RSI) is overbought as of February 6, 2023 at 14:45. This suggests that the stock price may continue to decline, as it has risen too rapidly and exceeds the level of support provided by the company's fundamentals.
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