JWN Stock Nordstrom (JWN, $21.05) entered Downtrend as Momentum indicator drops below 0 level on Jun 14, 2024

A.I.dvisor
at Tickeron.com
06/15/24
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JWN - Nordstrom
Momentum signal
Bearish Trend
Odds of DOWN Trend
Momentum signal
Price: $21.05
Daily change: -$0.42 (-1.96%)
Daily volume: 2.5M
Capitalization: $3.4B
Industry: Department Stores
This indicator may be signaling that JWN's price has further to drop, since it fell below its price logged 14 days ago. Traders may consider selling the stock, shorting the stock, or exploring put options. A.I.dvisor backtested 95 similar cases where JWN's Momentum Indicator fell below the 0 level, and of them led to a successful outcome. Odds of Success:
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published General Information

General Information

a retailer of apparel, shoes, cosmetics and accessories

Industry DepartmentStores

Profile
Fundamentals
Details
Industry
Apparel Or Footwear Retail
Address
1617 Sixth Avenue
Phone
+1 206 628-2111
Employees
54000
Web
https://www.Nordstrom.com