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Shares of M Up 31.5% Since Uptrend Call on Shares

By Nick Russo

SmarTrend identified an Uptrend for Macy'S Inc (NYSE:M) on February 15th, 2018 at $26.13. In approximately 3 months, Macy'S Inc has returned 31.50% as of today's recent price of $34.36.

Over the past year, Macy'S Inc has traded in a range of $17.41 to $45.41 and is now at $34.35, 97% above that low. Over the past week, the 200-day moving average (MA) has gone down 1.4% while the 50-day MA has declined 0.5%.

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 shifts in the trajectory of Macy'S Inc shares.

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 macy's inc

Ticker(s): M