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M — Oversold Bullish Reversal

Status: Invalidated

Scanner score: 35.0/100

Why this was flagged

M was identified as a bullish technical setup based on the Oversold Bullish Reversal pattern. The scanner found a score of 35.0/100 using trend alignment, momentum, price action, volume, and risk-management rules. Monitor update: Latest stored daily low of 19.7700 reached or fell below stop loss 21.2646.

Trade framework

Current price$20.49
Entry zone$20.49 – $20.69
Stop-loss / invalidation$21.26
Target 1$18.93
Target 2$18.15
Reward/risk
Suggested holding windowAbout 2–8 trading days; reversal setups should work relatively quickly.
FoundSep 10, 2026 11:08 pm
Potential expirationSep 21, 2026 7:21 pm
Entry plan: Consider a limit order only within the displayed entry zone. If price does not enter that range, skip the trade rather than chasing it.

Position-sizing example

Reference entry$20.59
Planned risk per share$0.00

These examples use the distance between the reference entry and stop-loss. They do not account for commissions, slippage, taxes, overnight gaps, or your personal account size.

Exit plan

  1. Stop-loss: Exit if the stop-loss is reached. Do not move the stop farther away to avoid taking the planned loss.
  2. Target 1: Consider taking partial profit when Target 1 is reached and reducing risk on the remaining shares.
  3. Target 2 or trailing exit: Consider closing the remaining position at Target 2, or use a disciplined trailing stop only if the trend remains strong.
  4. Time exit: Reassess or close a trade that fails to progress within the suggested holding window.

Technical chart

Daily closing price with moving averages and planned trade levels. This chart is a screening aid, not a guarantee of future results.

$17.50$19.84$22.18$24.52$26.86Stop $21.26Entry high $20.69Entry low $20.49Target 1 $18.93Target 2 $18.15May 5, 2026Sep 11, 2026
CloseSMA 20EMA 20SMA 50SMA 200Entry zoneStop-lossTargets

$1,000 educational outcome examples

Example reference entry$20.59
Example fractional shares48.58
If Target 1 is reached$919.39 value (-8.1%)
If Target 2 is reached$881.52 value (-11.8%)
If the stop-loss is reached$1,033.00 value (3.3%)

These examples use a $1,000 position and fractional shares at the midpoint of the entry zone. Actual results can differ because of market gaps, fills, spreads, commissions, taxes, slippage, and changing conditions.

Easy explanation for new investors

Why the scanner noticed this stock
The computer system flagged Macy’s Inc (symbol M) for a pattern called "Oversold Bullish Reversal." This name means the stock price dropped a lot, potentially getting too low. Traders often look for this because prices can bounce back up. The system gave it a score of 35 out of 100. This is a low score, meaning the idea is not strong. It found some helpful signs, like high trading volume. Volume is just how many shares people bought or sold. Here, it was 2.7 times the normal amount. This shows a lot of people were paying attention.

What the price plan means
The scanner suggested a plan with specific prices. The entry zone was between $20.48 and $20.68. The target prices were lower, at $18.92 and $18.14. This is confusing because targets are usually higher for this type of setup. It suggests the math in the scanner might be mixed up. The invalidation price was $21.26. This is the "stop-loss" point. If the price hits this level, the idea is no longer valid.

What could make the idea fail
This specific setup has already failed. The status is "invalidated." The stock price recently dropped to $19.77. This was lower than the safety stop of $21.26. When a stock breaks its safety line, the original plan is over. It is now broken. You should not use this old chart. The RSI was 32.53, which is low, but the price action proved the setup did not work.

Important reminder
This text is for learning only. It is not advice to trade. Technical setups can fail. Past results do not predict future moves. Always do your own homework. Markets can be unpredictable. Never invest money you cannot afford to lose. Check current news and charts before making decisions.

Recent news context

This automated review is separate from the technical score. It summarizes recent related articles and does not predict price movement.

Overall context: Positive (High confidence)

Macy's Inc. reported a strong fiscal second quarter, with net sales reaching $4.9 billion and comparable sales rising 2.7%. The company exceeded analyst estimates for both earnings and revenue, prompting management to raise full-year guidance. A significant factor in this performance is the $116 million in tariff refunds, which Macy's plans to invest in store overhauls and long-term growth rather than immediate price cuts. Growth was noted across all brands, including Bloomingdale's and Bluemercury. Despite the positive fundamental news and a Zacks Rank #2, the stock experienced a near 5% price decline on the day of the report, suggesting mixed market reception.

Potentially supportive context

  • Q2 net sales increased 1.1% to $4.9 billion, with comparable sales rising 2.7%.
  • Adjusted earnings of $0.40 per share and revenues of $4.87 billion beat analyst consensus estimates.
  • Full-year guidance was raised following the release of strong quarterly results.

Risks and caution items

  • Shares declined nearly 5% on the day of the earnings release despite positive fundamentals.
  • The stock underperformed the S&P 500 year-to-date.
  • Margin expansion has benefited from one-time tariff refunds, which may not recur.
  • Technical indicators show an oversold condition with a low technical score of 35.

Latest reviewed article: Sep 10, 2026 4:29 pm

Recent related articles

Macy’s plows tariff refunds into its reboundRetail Dive · Sep 10, 2026 · Provider label: Bullish

Macy's Inc. reported a strong second quarter with net sales up 1.1% to $4.9 billion and comparable sales rising 2.7%, indicating its turnaround efforts are gaining traction. The department store plans to invest the $116 million in tariff refunds received into long-term…

Macy's (M) Q2 Earnings and Revenues Beat EstimatesYahoo Finance · Sep 10, 2026 · Provider label: Somewhat-Bullish

Macy's (M) reported stronger-than-expected Q2 earnings and revenues, surpassing the Zacks Consensus Estimate. The company posted adjusted earnings of $0.4 per share and revenues of $4.87 billion, exceeding analyst predictions. Despite underperforming the S&P 500 year-to-date, Macy's currently holds a Zacks Rank…

Macy's posts strong results, raises guidance as turnaround begins to take holdCNBC · Sep 10, 2026 · Provider label: Bullish

Macy's reported strong fiscal second-quarter results and raised its full-year guidance, indicating its turnaround strategy is gaining traction. The retailer saw growth across all brands, particularly in its revamped "reimagined stores," Bloomingdale's, and Bluemercury. Despite positive results and a significant tariff refund…

Macy’s Unveils Its 2026 Fall Fashion Campaign Featuring a Celebration of American FashionMacysInc.com · Sep 8, 2026 · Provider label: Bullish

Macy's has launched its 2026 fall fashion campaign, "Find Us At Macy's," highlighted by the "Celebrate American Designers" exclusive capsule collection. This collection features limited-edition pieces from iconic designers like Tommy Hilfiger, Donna Karan, and Michael Kors, alongside new talents Jonathan Cohen,…

Wall Street's Insights Into Key Metrics Ahead of Macy's (M) Q2 EarningsYahoo Finance · Sep 5, 2026 · Provider label: Neutral

Wall Street analysts predict Macy's (M) will report Q2 earnings of $0.37 per share, a 9.8% year-over-year decline, with revenues anticipated to be $4.82 billion, up 0.2%. Key metrics like net sales for various departments and store counts for Macy's, Bluemercury, and…

Macy’s names senior vice president of creative, productionRetail Dive · Sep 1, 2026 · Provider label: Somewhat-Bullish

Macy's has appointed Maya Dukes as its senior vice president and executive creative director, a role effective Monday, September 1st, 2026. Dukes, who previously worked at Macy's earlier in her career, will lead the company's creative strategy and branding, supporting its "Bold…

Important: Some returned articles may describe competitors, industry conditions, or related companies. Open the source before relying on an article.

Scanner confirmations

  • Current volume is at least 1.25x the 20-day average volume.
  • RSI is near oversold territory with bullish candle confirmation.
Important: This is an automated educational screening result, not a buy recommendation. Confirm price, liquidity, earnings dates, news, and your own risk before entering any trade.
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