NORDSTROM INC (JWN)

US6556641008 - Common Stock

24.275  +0.06 (+0.27%)

Technical Rating and Analysis

10

Overall JWN gets a technical rating of 10 out of 10. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, JWN is showing a nice and steady performance.

The long and short term trends are both positive. This is looking good!
When comparing the yearly performance of all stocks, we notice that JWN is one of the better performing stocks in the market, outperforming 83% of all stocks. On top of that, JWN also shows a nice and consistent pattern of rising prices.
JWN is part of the Broadline Retail industry. There are 32 other stocks in this industry. JWN outperforms 77% of them.
JWN is currently trading near its 52 week high, which is a good sign. The S&P500 Index however is also trading near new highs, which makes the performance in line with the market.
In the last month JWN has a been trading in the 21.71 - 24.95 range, which is quite wide. It is currently trading near the high of this range.
JWN has an average volume of 2442690 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Volume is considerably higher in the last couple of days.
Weekly and Daily overview Charts
JWN Weekly chart
JWN Daily chart
Setup Rating and Analysis

8

JWN has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is a resistance zone just above the current price starting at 24.48. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 23.50, a Stop Loss order could be placed below this zone. Very recently a Pocket Pivot signal was observed. This is another positive sign.

  • A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
Support and Resistance Analysis

20.89

25.15

When analyzing the support we can see 3 important areas.

  • A support zone ranging from 22.94 to 23.50. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • A support zone ranging from 22.08 to 22.54. This zone is formed by a combination of multiple trend lines in the daily time frame.
  • A support zone ranging from 21.10 to 21.13. This zone is formed by a combination of multiple trend lines in multiple time frames.

We found 1 important resistance area.

  • A resistance zone ranging from 24.48 to 24.90. This zone is formed by a combination of multiple trend lines in multiple time frames.
Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS83.6
Mansfield0.29
10 Day High24.95
10 Day Low22.35
20 Day High24.95
20 Day Low21.71
52 Week High24.99
52 Week Low16.63
Performance
1 Week4.53%
2 Weeks5.44%
1 Month-2.77%
3 Month9.05%
6 Month14.09%
12 Month31.22%
2 Year50%
3 Year7.03%
5 Year-40.85%
10 Year-69.5%
15 Year-35.58%
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
Technical Indicators
MACD(12,26,9)0.12
RSI(14)57.95
LBB22.23
UBB24.57
Example Setup

Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.

ENTRYEXITDISTANCECAPITAL
24.9122.931.98 (7.95%)12.58%
An entry @24.91. This is a Buy Stop order right above the resistance zone.An exit @22.93. This is a Stop Loss order right below the support zone.The trade has a worst case loss of 1.98 points, which is 7.95%.For a 1.00% total portfolio risk, you can invest 12.58% of your capital in this trade.

  • The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
  • This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
JWN Daily chart

NORDSTROM INC

NYSE:JWN (12/26/2024, 10:58:06 AM)

24.275

+0.06 (+0.27%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Discretionary
GICS IndustryBroadline Retail
Performance
% Chg0.27%
1 Week4.53%
2 Weeks5.44%
1 Month-2.77%
3 Month9.05%
6 Month14.09%
12 Month31.22%
2 Year50%
3 Year7.03%
5 Year-40.85%
10 Year-69.5%
15 Year-35.58%
Volatility
ATR(14)0.75
ATR(20)%3.69%
ATR Inc-37.6%
Range Today0.17
ADR(20)0.82
ADR(20)%3.39%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS83.6
Mansfield0.29
10 Day High24.95
10 Day Low22.35
20 Day High24.95
20 Day Low21.71
52 Week High24.99
52 Week Low16.63
CS1 End23.5
CR1 Start24.48
Volume & EV
DER(3)-2.27%
DER(5)-2%
Volume724.47K
Volume Incr96.44%
Vol(5)5.07M
Vol(50)2.44M