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Macy'S Inc Down 46.3% Since SmarTrend Downtrend Call (M)

By Shiri Gupta

SmarTrend identified a Downtrend for Macy'S Inc (:M) on November 15th, 2018 at $32.11. In approximately 10 months, Macy'S Inc has returned 46.26% as of today's recent price of $17.25.

In the past 52 weeks, Macy'S Inc share prices have been bracketed by a low of $14.20 and a high of $38.35 and are now at $17.25, 22% above that low price. The 200-day and 50-day moving averages have moved 1.71% lower and 2.71% lower over the past week, respectively.

Macy's, Inc. operates department stores in the United States. The Company also operates direct mail catalog and electronic commerce subsidiaries. Macy's retail stores sell a wide range of merchandise, including men, women, and children apparel and accessories, cosmetics, home furnishings, and other consumer goods.

SmarTrend will continue to scan these moving averages and a number of other proprietary indicators for any changes in momentum for shares of Macy'S Inc.

Log in and add Macy'S Inc (M) to your watchlist today so you can receive a real-time alert when the shares are about to change trend.

Keywords: spotlights :m macy's inc

Ticker(s): M