Macy’s Pops 3% to New 52-Week High
$Macy's(M)$
Rallies +2.65%: Retail Giant Hits New 52-Week High at $22.93, Holiday Momentum Building
Latest Close Data
Macy's closed at $22.43 on November 27, 2025, up +2.65% (+$0.58) from previous session.
The stock reached a new 52-week high of $22.93 during intraday trading, representing a remarkable 129.8% surge from its 52-week low of $9.76.
Core Market Drivers
Holiday shopping season tailwinds are boosting retail sentiment as consumer spending remains resilient.
Macy's benefits from improved inventory management and strategic store optimization initiatives.
The company's digital transformation efforts continue to drive omnichannel growth amid competitive retail landscape.
Technical Analysis
Volume of 7.07M shares with 1.05x volume ratio indicates solid institutional interest.
MACD shows bullish crossover with DIF at 0.637 above DEA at 0.512, generating positive momentum signal of +0.249.
RSI-6 at 80.8 enters overbought territory but RSI-24 at 68.7 suggests room for further upside.
KDJ signals strong momentum with K-line at 66.9.
Key Price Levels
Primary Support: $19.44 (critical floor from Nov 25)
Strong Resistance: $21.94 (previous resistance now support)
Immediate Pivot: $22.50 (psychological level above today's close)
Valuation Perspective
Trading at P/E TTM of 12.7x with attractive P/S ratio of 0.27x, significantly below retail sector averages.
Forward P/E of 11.3x indicates premium valuation expectations but justified by turnaround progress.
ROE of 11.29% demonstrates improving profitability metrics.
Analyst Targets
11 analysts covering with average target price of $16.63 (below current levels).
Ratings: 1 Strong Buy, 1 Buy, 10 Hold, 1 Underperform. Target range spans $6.50-$24.45, suggesting wide sentiment dispersion.
Weekly Outlook
Expect continued momentum toward $24-25 resistance zone if holiday sales data remains positive.
Key support cluster at $21.50-$19.44 range. Break above $23.50 targets $25+ extension, while failure below $21 risks pullback to $19.50 support.
Risk Disclaimer
This analysis is for informational purposes only and not investment advice. Past performance doesn't guarantee future results. Consider your risk tolerance before trading.
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- YueShan·2025-12-08Good ⭐⭐⭐LikeReport