|M -- USA Stock|| |
USD 31.69 0.20 0.63%
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.
On March 8, 2018 Macys had Price Action Indicator of (1.03)
. Price Action indicator evaluates an asset for a given trading period using the following formula: ((close - open) + (close - high) + (close - low)) / 2. This indicator is consistent with the interpretation of Japanese candlestick patterns.
Macys Trading Date Momentum
|On March 09 2018 Macys was traded for 27.93 at the closing time. The highest price during the trading period was 28.43 and the lowest recorded bid was listed for 27.45 . The volume for the day was 9.6 M. This history from March 9, 2018 contributed to the next trading day price decline. The trading delta at closing time to the next closing price was 0.14% . The trading delta at closing time to the current price is 0.00% . |
Price Action Indicator (or PAIN) was developed by Michael B. Geraty and published in 'Futures' magazine in August 1997.