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M — Gap-Fill Reversal

Status: Invalidated

Scanner score: 40.0/100

Why this was flagged

M was identified as a bullish technical setup based on the Gap-Fill Reversal pattern. The scanner found a score of 40.0/100 using trend alignment, momentum, price action, volume, and risk-management rules. Monitor update: Latest stored daily low of 20.6300 reached or fell below stop loss 20.7595.

Trade framework

Current price$22.08
Entry zone$22.08 – $22.30
Stop-loss / invalidation$20.76
Target 1$24.72
Target 2$26.04
Reward/risk2.00:1
Suggested holding windowAbout 2–8 trading days; reversal setups should work relatively quickly.
FoundSep 11, 2026 10:18 pm
Potential expirationSep 21, 2026 10:18 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$22.19
Planned risk per share$1.43
Example: $100 planned risk69 shares
Example: $250 planned risk174 shares

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.

$17.68$19.97$22.26$24.55$26.84Target 2 $26.04Target 1 $24.72Entry high $22.30Entry low $22.08Stop $20.76May 5, 2026Sep 11, 2026
CloseSMA 20EMA 20SMA 50SMA 200Entry zoneStop-lossTargets

$1,000 educational outcome examples

Example reference entry$22.19
Example fractional shares45.07
If Target 1 is reached$1,114.06 value (+11.4%)
If Target 2 is reached$1,173.57 value (+17.4%)
If the stop-loss is reached$935.53 value (-6.4%)

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

A plain-English explanation is being prepared from this scanner data. Please check back shortly.

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 reported a strong fiscal second quarter, with adjusted earnings and revenues surpassing analyst estimates. The company raised full-year guidance and plans to invest approximately $116 million in tariff refunds into store overhauls and growth initiatives rather than price cuts. Growth was observed across all brands, including Bloomingdale's and Bluemercury. Although shares declined nearly 5% following the earnings release, the fundamental performance is viewed positively by analysts, who maintain a 'Buy' rating. Recent management hires support the ongoing 'Bold New Chapter' strategic initiative.

Potentially supportive context

  • Q2 adjusted earnings of $0.40 per share and revenues of $4.87 billion exceeded analyst consensus estimates.
  • Full-year guidance was raised, signaling confidence in the turnaround strategy and growth across all brand segments.
  • The company received $116 million in tariff refunds, which it intends to reinvest in long-term growth initiatives and store improvements.

Risks and caution items

  • Shares declined nearly 5% immediately after the strong earnings report, indicating potential market skepticism or profit-taking.
  • Year-to-date performance has underperformed the broader S&P 500 index despite positive quarterly results.
  • Reliance on one-time tariff refunds for margin expansion may not be sustainable or indicative of ongoing operational efficiency.

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: Somewhat-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: Neutral

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.
  • Price reversed higher after a prior-day gap down and reclaimed the prior close with volume 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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