Nordstrom Inc Stock Forecast

Stock Analysis |
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Risk Assessment |
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Trading Strategy |
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Nordstrom Inc stock price ended at $24.31 on Tuesday, after gaining 0.0412%
(Updated on Feb 11, 2025)
The Nordstrom Inc stock price gained 0.0412% on the last trading day (Tuesday, 11th Feb 2025), rising from $24.30 to $24.31. During the last trading day the stock fluctuated 0.144% from a day low at $24.29 to a day high of $24.33. The price has risen in 6 of the last 10 days and is up by 0.33% over the past 2 weeks. Volume has increased on the last day along with the price, which is a positive technical sign, and, in total, 105 thousand more shares were traded than the day before. In total, 1 million shares were bought and sold for approximately $27.01 million.
The stock lies in the middle of a wide and weak rising trend in the short term and a further rise within the trend is signaled. Given the current short-term trend, the stock is expected to rise 6.65% during the next 3 months and, with a 90% probability hold a price between $25.15 and $28.08 at the end of this 3-month period.

JWN Signals & Forecast
The Nordstrom Inc stock holds buy signals from both short and long-term Moving Averages giving a positive forecast for the stock. Also, there is a general buy signal from the relation between the two signals where the short-term average is above the long-term average. On corrections down, there will be some support from the lines at $24.27 and $24.19. A breakdown below any of these levels will issue sell signals. Furthermore, there is a buy signal from the 3 month Moving Average Convergence Divergence (MACD). Volume is rising along with the price. This is considered to be a good technical signal. Some negative signals were issued as well, and these may have some influence on the near short-term development. A sell signal was issued from a pivot top point on Friday, December 20, 2024, and so far it has fallen -0.90%. Further fall is indicated until a new bottom pivot has been found.
Support, Risk & Stop-loss for Nordstrom Inc stock
Nordstrom Inc finds support from accumulated volume at $24.17 and this level may hold a buying opportunity as an upwards reaction can be expected when the support is being tested.
In general the stock tends to have very controlled movements and with good liquidity the risk is considered very low in this stock. During the last day, the stock moved $0.0350 between high and low, or 0.144%. For the last week the stock has had daily average volatility of 0.276%.
Our recommended stop-loss: $23.33 (-4.03%) (This stock has very low daily movements and this gives very low risk. There is a sell signal from a pivot top found 33 days ago.)
Trading Expectations (JWN) For The Upcoming Trading Day Of Wednesday 12th
For the upcoming trading day on Wednesday, 12th we expect Nordstrom Inc to open at $24.31, and during the day (based on 14 day Average True Range), to move between $24.15 and $24.47, which gives a possible trading interval of +/-$0.158 (+/-0.65%) up or down from last closing price. If Nordstrom Inc takes out the full calculated possible swing range there will be an estimated 1.30% move between the lowest and the highest trading price during the day.
Since the stock is closer to the support from accumulated volume at $24.17 (0.58%) than the resistance at $24.53 (0.90%), our systems sees the trading risk/reward intra-day as attractive and believe profit can be made before the stock reaches first resistance..
Is Nordstrom Inc stock A Buy?
Several short-term signals, along with a general good trend, are positive and we conclude that the current level may hold a buying opportunity as there is a fair chance for Nordstrom Inc stock to perform well in the short-term.
Current score:
2.965
Buy Candidate
Unchanged
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Predicted Fair Opening Price
Predicted fair opening price on February 12, 2025 - $24.31 ( 0.0069%).JWN Performance
Trading levels for JWN
Fibonacci Support & Resistance Levels
Level | Price | |
---|---|---|
R3 | 24.34 | 0.137% |
R2 | 24.33 | 0.0821% |
R1 | 24.32 | 0.0481% |
Price | 24.31 | |
S1 | 24.29 | -0.0619% |
S2 | 24.29 | -0.0958% |
S3 | 24.27 | -0.151% |
Accumulated Volume Support & Resistance Levels
Level | Price | |
---|---|---|
R3 | 24.93 | 2.55% |
R2 | 24.62 | 1.28% |
R1 | 24.53 | 0.90% |
Price | 24.31 | |
S1 | 24.17 | -0.576% |
S2 | 24.15 | -0.658% |
S3 | 22.61 | -6.99% |
JWN Dividend Payout History
# | Ex-Date | Pay Date | Amount | Yield | |
---|---|---|---|---|---|
1 | Nov 20, 2024 | Dec 03, 2024 | Dec 18, 2024 | $0.190 | 0.83% |
2 | Aug 21, 2024 | Sep 03, 2024 | Sep 18, 2024 | $0.190 | 0.84% |
3 | Jun 04, 2024 | Jun 04, 2024 | Jun 19, 2024 | $0.190 | 0.87% |
4 | Feb 28, 2024 | Mar 12, 2024 | Mar 27, 2024 | $0.190 | 0.95% |
5 | Feb 28, 2024 | Mar 11, 2024 | Mar 27, 2024 | $0.190 | 0.95% |
FAQ
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