Question

Perform the following technical analyses on Nordstrom company using current market data on Yahoo Finance, and explain what're the current signals:

    a) Simple moving averages of 50-day and 200-day.

    b) Money flow index.

    c) MACD

Answer 1

Period	Moving average	Price change
5 day 200 day	17.27 33.74	-1.85 16.13

​​​A) This is the simple moving average of 5 day and 200 day Nordstrom given above.

B) Money flow index

• BSE sensex. 29301.95
• Nifty 50 8502.50
• USD / INR. 75.325
• Dow. 21636.78
• Nasdaq. 7502.38.
• BTC –INR. 465219.97
• CMC crypto 200. 126.41
• Hang Seng. 23336.34
• Nikkei. 18833.53
• EUR/INR. 83.4 855
• GBP/INR. 94.04
• AED / INR. 20.4230
• INR / JPY. 1.4284
• SGD / INR. 52.843

C) MACD :-m a c d stands for moving average convergence delivergence. Moving average convergence delivergence is a trend following momentum indicator that shows the relationship between the two moving averages of security price. The MACD is calculated by subtracting the 26 period exponential moving average EMA from 12 period EMA.

MACD triggers technical signal when it process above to buy or below to selll its signal line.

The speed of crossovers is also taken as a signal of a market is overbought or oversold.

MACD helps investors understand whether the bullish or bearish movement in the price is strengthening or weakening.

Here is what nordstrom is doing in wake of Corona virus?

Nordstrom (JWN) is extending store closures for at least a week due to the corona virus outbreak. The company is also making efforts to strengthen financial position.