Macys Daily Balance Of Power

M -- USA Stock  

USD 38.73  0.89  2.25%

Investors can use this prediction interface to forecast Macys historic prices and determine the direction of Macys future trends based on various well-known forecasting models. However looking at historical price movement exclusively is usually misleading. Macroaxis recommends to always use this module together with analysis of Macys historical fundamentals such as revenue growth or operating cash flow patterns. Although naive historical forecasting may sometimes provide an important future outlook for the firm we recommend to always cross-verify it against solid analysis of Macys systematic risks associated with finding meaningful patterns of Macys fundamentals over time. Please see also Historical Fundamental Analysis of Macys to cross-verify your projections.
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Macys has current Daily Balance Of Power of 0. Balance of Power indicator (or BOP) measures the strength of Macys market sensitivity to bulls and bears. It estimates the ability of Macys buyers and sellers to push price to an extreme high or extreme low level. As a result, by monitoring Macys Balance of Power indicator one can determine a trend of the price direction.
  Previous Daily Balance Of PowerDaily Balance Of PowerTrend
0.68370
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Macys Trading Date Momentum

On June 20 2018 Macys was traded for 39.62  at the closing time. The highest price during the trading period was 39.63  and the lowest recorded bid was listed for  38.65 . The volume for the day was 5.1 M. This history from June 20, 2018 did not cause price change. The trading delta at closing time to the current price is 1.69% .
Balance of Power indicator was created by Igor Livshin to predict asset short term price movements or warning signals. If Balance of Power indicator is trended towards the high of its range it will signify that the bulls are in control. On the other hand when the BOP indicator is moving towards the lows of its range it signifies that the bears are in control. If the indicator move from a high positive range to a lower positive range it signifies that the buying pressure is decreasing. Conversely, if the indicator move from a low negative range to a higher negative range it signifies that the selling pressure is decreasing.
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