Macy’s Inc (M) “On a long-term technical basis, the stock (M) is trading below its 200-day moving average which implies it is in a negative trend.

The stock has support at 14.90 and 14.11. If the stock breaks down through support at 14.90 then it will probably continue lower to 14.11. The stock has resistance at 15.50 and at 16.71. If the stock breaks up through resistance at 15.50 then it will probably continue higher to 16.71. The 200-day moving average is at 19.77. This will also act as resistance. The stock is slightly oversold according to the Stochastic Indicator (32.61).”

Macy’s Inc (M) “On a long-term technical basis, the stock (M) is trading below its 200-day moving average which implies it is in a negative trend.

The stock has support at 14.90 and 14.11. If the stock breaks down through support at 14.90 then it will probably continue lower to 14.11. The stock has resistance at 15.50 and at 16.71. If the stock breaks up through resistance at 15.50 then it will probably continue higher to 16.71. The 200-day moving average is at 19.86. This will also act as resistance. The stock is slightly oversold according to the Stochastic Indicator (31.27).”