Retail Rally: $JWN, $KSS, $M, $DDT, $DDS, $CBD, $EXTO Lift Department Stores' Performance by +6.8% in One Week
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The Department Stores sector has recently seen a remarkable surge in performance, with a notable increase of 6.8% over the past week. This upward momentum has attracted significant attention and is reflected in the positive outlook of key stock indicators and analytics.
Group of Tickers:
- JWN (Nordstrom Inc.)
- KSS (Kohl's Corporation)
- M (Macy's, Inc.)
- DDT (DataDot Technology Limited)
- DDS (Dillard's, Inc.)
- CBD (Companhia Brasileira de Distribuicao)
- EXTO (Not identified in the available data)
Positive Outlook and Momentum: Today, stocks in the Department Stores group maintain a positive outlook, supported by the Momentum Indicator. This positivity is further affirmed by Tickeron, which predicts a potential increase of over 4.00% within the next month with a likelihood of 71%. Notably, the daily ratio of advancing to declining volumes over the last month was 1.07 to 1, indicating robust market activity.
MACD Indicator and Positive Trend: Five stocks within this group of tickers are exhibiting a similar positive trend based on the Moving Average Convergence Divergence (MACD) indicator, with an average likelihood of 77%. This indicator suggests that these stocks may continue their upward trajectory in the coming weeks.
Market Capitalization: The average market capitalization for companies within this group is $2.2 billion. The range of market capitalization among these tickers is from $0 to $5 billion. DDS currently holds the highest valuation at $5 billion, while DDT is the lowest-valued company in this group with a market cap of $0.
High and Low Price Movements: The average weekly price growth for all stocks in this group stands at 7.21%. In contrast, the average monthly price growth across the group is -0.2%, and the average quarterly price growth is -11.83%. Notably, EXTO has experienced the highest weekly price growth at 35.32%, while DDT had the most significant fall at -1.31%.
Volume Activity: In terms of trading volume, the average weekly volume growth for the tickers in this group is 115.84%. The average monthly volume growth is 39.15%, and the average quarterly volume growth is 31.22%. This indicates significant market activity and interest in these stocks.
Individual Stock Analysis:
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Nordstrom Inc. (JWN): The Stochastic Indicator for JWN moved out of oversold territory on October 10, 2023, which often signifies a bullish trend. Historical data suggests that in 49 out of 56 cases, the stock moved higher in the days following this signal, with odds of a positive move exceeding 88%.
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Kohl's Corporation (KSS): The MACD for KSS turned positive on October 16, 2023. In the past, when KSS's MACD turned positive, the stock continued to rise in 35 out of 43 cases over the following month, indicating a strong likelihood of an upward trend.
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Dillard's, Inc. (DDS): DDS's 10-day Moving Average crossed below the 50-day moving average on September 13, 2023, suggesting a downward trend. Interestingly, in all past instances where this occurred, the stock continued to move higher over the following month. This indicates an unusual situation with odds of a continued downward trend at 10%.
In summary, the Department Stores sector, as represented by these tickers, is currently experiencing a surge in performance and positive market sentiment. While individual stock analyses suggest varying trends, the overall outlook is optimistic. Investors and traders should consider these trends and indicators when making decisions related to these stocks.
JWN in downward trend: price may drop because broke its higher Bollinger Band on December 19, 2024
JWN broke above its upper Bollinger Band on December 19, 2024. This could be a sign that the stock is set to drop as the stock moves back below the upper band and toward the middle band. You may want to consider selling the stock or exploring put options. The A.I.dvisor looked at 42 similar instances where the stock broke above the upper band. In of the 42 cases the stock fell afterwards. This puts the odds of success at .
Technical Analysis (Indicators)
Bearish Trend Analysis
The 10-day RSI Indicator for JWN moved out of overbought territory on November 26, 2024. This could be a bearish sign for the stock. Traders may want to consider selling the stock or buying put options. Tickeron's A.I.dvisor looked at 26 similar instances where the indicator moved out of overbought territory. In of the 26 cases, the stock moved lower in the following days. This puts the odds of a move lower at .
The Stochastic Oscillator may be shifting from an upward trend to a downward trend. In of 67 cases where JWN's Stochastic Oscillator exited the overbought zone, the price fell further within the following month. The odds of a continued downward trend are .
Following a 3-day decline, the stock is projected to fall further. Considering past instances where JWN declined for three days, the price rose further in of 62 cases within the following month. The odds of a continued downward trend are .
The Aroon Indicator for JWN entered a downward trend on November 22, 2024. This could indicate a strong downward move is ahead for the stock. Traders may want to consider selling the stock or buying put options.
Bullish Trend Analysis
The Momentum Indicator moved above the 0 level on December 19, 2024. You may want to consider a long position or call options on JWN as a result. In of 101 past instances where the momentum indicator moved above 0, the stock continued to climb. The odds of a continued upward trend are .
The Moving Average Convergence Divergence (MACD) for JWN just turned positive on December 19, 2024. Looking at past instances where JWN's MACD turned positive, the stock continued to rise in of 45 cases over the following month. The odds of a continued upward trend are .
JWN moved above its 50-day moving average on December 19, 2024 date and that indicates a change from a downward trend to an upward trend.
The 10-day moving average for JWN crossed bullishly above the 50-day moving average on November 25, 2024. This indicates that the trend has shifted higher and could be considered a buy signal. In of 23 past instances when the 10-day crossed above the 50-day, the stock continued to move higher over the following month. The odds of a continued upward trend are .
Following a 3-day Advance, the price is estimated to grow further. Considering data from situations where JWN advanced for three days, in of 310 cases, the price rose further within the following month. The odds of a continued upward trend are .
The Tickeron Valuation Rating of (best 1 - 100 worst) indicates that the company is slightly undervalued in the industry. This rating compares market capitalization estimated by our proprietary formula with the current market capitalization. This rating is based on the following metrics, as compared to industry averages: P/B Ratio (4.098) is normal, around the industry mean (2.324). P/E Ratio (15.525) is within average values for comparable stocks, (32.433). Projected Growth (PEG Ratio) (0.321) is also within normal values, averaging (0.983). Dividend Yield (0.031) settles around the average of (0.034) among similar stocks. P/S Ratio (0.273) is also within normal values, averaging (0.541).
The Tickeron SMR rating for this company is (best 1 - 100 worst), indicating very strong sales and a profitable business model. SMR (Sales, Margin, Return on Equity) rating is based on comparative analysis of weighted Sales, Income Margin and Return on Equity values compared against S&P 500 index constituents. The weighted SMR value is a proprietary formula developed by Tickeron and represents an overall profitability measure for a stock.
The Tickeron Price Growth Rating for this company is (best 1 - 100 worst), indicating steady price growth. JWN’s price grows at a higher rate over the last 12 months as compared to S&P 500 index constituents.
The Tickeron Seasonality Score of (best 1 - 100 worst) indicates that the company is slightly overvalued in the industry. The Tickeron Seasonality score describes the variance of predictable price changes around the same period every calendar year. These changes can be tied to a specific month, quarter, holiday or vacation period, as well as a meteorological or growing season.
The Tickeron PE Growth Rating for this company is (best 1 - 100 worst), pointing to worse than average earnings growth. The PE Growth rating is based on a comparative analysis of stock PE ratio increase over the last 12 months compared against S&P 500 index constituents.
The Tickeron Profit vs. Risk Rating rating for this company is (best 1 - 100 worst), indicating that the returns do not compensate for the risks. JWN’s unstable profits reported over time resulted in significant Drawdowns within these last five years. A stable profit reduces stock drawdown and volatility. The average Profit vs. Risk Rating rating for the industry is 82, placing this stock worse than average.
Notable companies
Industry description
Market Cap
High and low price notable news
Volume
Fundamental Analysis Ratings
The average fundamental analysis ratings, where 1 is best and 100 is worst, are as follows
General Information
a retailer of apparel, shoes, cosmetics and accessories
Industry DepartmentStores