Where Will Macy's Inc (M) Stock Go Next After It Is Down 3.30% in a Week?

Macy's Inc (M) stock is lower by 3.30% over the past week and gets a Bearish rating from InvestorsObserver Sentiment Indicator.

Macy's Inc has a Bearish sentiment reading. Find out what this means for you and get the rest of the rankings on M!

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What is Stock Sentiment?

Sentiment uses short term technical analysis to gauge whether a stock is desired by investors. As a technical indicator, it focuses on recent trends as opposed to the long term health of the underlying company. Updates for the company such as a earnings release can move the stock away from current trends. Recent trends are a good indicator of current market sentiments. In its most basic form, stocks that are trending up are desirable by investors while stocks currently falling must be unattractive. InvestorsObserver's Sentimental Indicator tracks both changes in price and volume to analyze the most recent trends. Typically an increase in volume indicates ongoing trends are getting stronger, while a decrease in volume usually signals an end to the current trend. Available options can also represent current sentiments for a given stock. Since investors are able to bet on future trends of stocks using options, we consider the ratio of calls to puts when analyzing market sentiments .

What's Happening With M Stock Today?

Macy's Inc (M) stock is trading at $15.51 as of 9:52 AM on Monday, Aug 14, a decline of -$0.07, or -0.45% from the previous closing price of $15.58. The stock has traded between $15.43 and $15.68 so far today. Volume today is light. So far 484,114 shares have traded compared to average volume of 8,325,994 shares. To see InvestorsObserver's Sentiment Score for Macy's Inc click here.

More About Macy's Inc

Founded in 1858 and based in New York City, Macy's operates 570 stores under the Macy's nameplate, 58 stores under the Bloomingdale's nameplate, and 160 freestanding Bluemercury specialty beauty stores (as of the end of fiscal-year 2021). Macy's also operates e-commerce sites and licenses two Bloomingdale's stores in the United Arab Emirates and Kuwait. Women's apparel, accessories, shoes, cosmetics, and fragrances comprised 59% of Macy's 2021 sales. Click Here to get the full Stock Report for Macy's Inc stock.