According to the technical analysis,
I think it is good time to buy Macys stock now,
Commodity Channel Index (CCI) is bullish for M.
M formed a bullish 5-day exponential moving average and 9-day exponential moving average crossover.
Money Flow Index (MFI) is bullish and moving up for M.
The 10-day simple moving average is bullish and moving up for M.
Stock performance base on day of week in the past 90 days.
Monday: -0.27%
Tuesday: -1.32%
Wednesday: -0.72%
Thursday: 5.68%
Friday: -1.85%
Next Earnings Release Date: 02/22/11
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Thread: Macys-is it right time to buy
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28-01-2011, 02:55 AM #1
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