In its most recent trading session, Macy's Inc (NYSE:M) spiked up by 0.1% – here is what that looked like (as of 2020-01-06):
Why are these moves happning?? To have a greater insight of what is happening, We ought to analyze some technical indicators. As we see it, you should pay the most attention to the following:
A Money Flow Index (MFI) of 100.0, a Relative Strength Index (RSI) of 50.0, a True Strength Index (TSI) of 100.0, a Moving Average Convergence Divergence (MACD) of 0.004, an Average Directional Movement Index (ADX) of unknown, an Average True Range (ATR) of 0.377, an Accumulation/Distribution Index (ADI) of 0.377, an On-Balance Volume (OBV) of 335.395, and a Chaiikin Money Flow (CMF) of 16.52. 1.746
So what do these technical indicators mean? Let’s see. According to Trading View, this is what it all means:
That is what an analysis of technical indicators seems to indicate for Macy's Inc (NYSE:M). And finally, make sure to DO YOUR OWN RESEARCH! Take the above with a grain of salt, and do your own research.
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