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Nordstrom Inc Shares Down 26.8% Since SmarTrend's Sell Call (JWN)

By Amy Schwartz

SmarTrend identified a Downtrend for Nordstrom Inc (NYSE:JWN) on November 15th, 2018 at $59.25. In approximately 5 months, Nordstrom Inc has returned 26.80% as of today's recent price of $43.37.

Over the past year, Nordstrom Inc has traded in a range of $42.54 to $67.75 and is now at $43.37, 2% above that low. The 200-day and 50-day moving averages have moved 0.22% lower and 0.28% lower over the past week, respectively.

Nordstrom, Inc. is a fashion retailer of apparel, shoes, and accessories for men, women, and children. The Company operates through multiple retail channels, discount stores, boutiques, catalogs, and on the Internet. Nordstrom also offers, through a subsidiary, private label card credit and debit cards.

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

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

Keywords: spotlights nordstrom inc

Ticker(s): JWN