Nordstrom stock forecast: up to 17.14 USD JWN stock price prognosis

STOCK

Forecast for Fri 26 May 2023 price 18.56

Nordstrom stock price forecast for further price development up to 10.34% (time horizon: 1 day) and price target of 17.14 USD. Positive news sentiment. Short-term (time horizon: 2 weeks) Nordstrom share price prediction for 2023-05-26 with daily closed price projections

Key Facts

Symbol JWN 

ISIN US6556641008 

CUSIP 655664100

Currency USD

Category Retail-Family Clothing Stores

Forecast price change %

News sentiment (0.52)

News <--> Close correlation for next day influence (0.41)

Finance numbers

Revenue 11,605,000,000.0

Earnings per share -2.11

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On our site we made daily predictions for finance products based on statistical analysis. You can export / download forecasted data as CSV file, no login required. The information can be used for day trading.

Summerized Form 10-K with GPT-2

This inventory is typically held for six months on average. These 20 markets encompass approximately 75% of our revenues. Caslon, Treasure & Bond, Tucker+Tate and 1901. Timely receipts of quality merchandise from third parties is critical to our business. The investment in existing and new locations may not achieve our expected returns. Customers' expectations regarding speed of delivery are evolving.

Summerized Form 10-K with GPT-2 https://www.sec.gov/Archives/edgar/data/72333/000007233321000099/0000072333-21-000099.txt
Candlestick patterns

Candlestick patterns can be used as additional information for price prediction. Following list show which pattern applies on latest price information.

  • Meta analyst score 60.76/100
    • Not in ideal financial position.
    • Historical view, profit is growing.
    • Company revenue is not growing faster compared with the industry.
    • Stock price is under book price value.

Institutional ownership list is based on filling form information

Holding name Date Amount
American Portfolios Advisors 2019-12-31 965
American Portfolios Advisors 2022-06-30 1196
American Portfolios Advisors 2021-12-31 1166
American Portfolios Advisors 2022-03-31 1226
American Portfolios Advisors 2022-09-30 2710

Fund ownership list is based on filling form information

Fund name Date Amount Profile
SPDR SERIES TRUST 2022-12-31 294830 Long
STATE STREET INSTITUTIONAL INVESTMENT TRUST 2022-12-31 30300 Long
SPDR SERIES TRUST 2022-12-31 261962 Long
FlexShares Trust 2023-01-31 20862 Long
Pacer Funds Trust 2023-01-31 20846 Long

Insider trading for Nordstrom

CIK Name Date Action T-Test 1day T-Test 7day T-Test 14day T-Test 30day
1637584 Bramman Anne L 2022-06-21 SALE Accept Accept Accept Reject
Assets / Liabilities

Bollinger Bollinger Bands for Nordstrom can provide the information where the market is moving based on price information.

Nordstrom Short Volume Ratio is shown in the diagram. Short volume sales can be seen as an investor sentiment.

Converting prices to returns Nordstrom.

On-Balance Volume information for Nordstrom. On-Balance Volume information can be an indicator for bullish or bearish outcome.

Accumulation / Distribution (A/D) indicator information for Nordstrom. The indicator identify divergences between price and volume flow.

Aroon Oscillator information for Nordstrom. The trend-following indicator can show the strengh of a current trend and likelihood that trend can continue.

Average Directional Index (ADX) information for Nordstrom. The index can be used to identify the strengh of a trend.

Moving Average Convergence Divergence (MACD) for Nordstrom. The indicator helps to predict trend direction and the momentum of the trend.

Stochastic Oscillator as momentum indicator for Nordstrom. The indicator is useful for identifying overbought and oversold levels.

Relative Strength Index (RSI) for Nordstrom. RSI is a momentum oscillator that measures the speed and change of price development. The momentum indicator was created by analyst Welles Wilder. The result compares recent gains and losses over restricted time period. Primary usage of the indicator is to identify overbought or oversold signals. When RSI indicator reaches a value of 70 it could mean that speculators should consider selling, suggests Wilder and Chong. Or vice versa when selling excess at which the RSI Indicators show a value of 30 [ Relative Strength Index for Developing Effective Trading Strategies in Constructing Optimal Portfolio ].

52W High 52W Low Market Cap

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Nordstrom on Nasdaq

Nordstrom on finviz

Figure below show the stock predictions.
Date Closing price Prediction was updated
2023-04-27 17.14 2023-03-31 05:54
2023-04-28 17.22 2023-03-31 05:54
2023-05-01 17.30 2023-03-31 05:54
2023-05-02 17.36 2023-03-31 05:54
2023-05-08 17.65 2023-03-31 05:54
2023-05-09 17.72 2023-03-31 05:54
2023-05-10 17.79 2023-03-31 05:54
2023-05-03 17.44 2023-03-31 05:54
2023-05-04 17.52 2023-03-31 05:54
2023-05-05 17.59 2023-03-31 05:54
2023-05-11 17.86 2023-03-31 05:54
2023-05-12 17.92 2023-03-31 05:54
2023-05-15 17.99 2023-03-31 05:54
2023-05-16 18.06 2023-03-31 05:54
2023-05-17 18.12 2023-03-31 05:54
2023-05-18 18.18 2023-03-31 05:54
2023-05-19 18.25 2023-03-31 05:54
2023-05-22 18.31 2023-03-31 05:54
2023-05-23 18.37 2023-03-31 05:54
2023-05-26 18.56 2023-03-31 05:55
2023-05-24 18.43 2023-03-31 05:54
2023-05-25 18.50 2023-03-31 05:54
2023-04-03 15.67 2023-03-31 05:54
2023-04-04 15.74 2023-03-31 05:54
2023-04-05 15.80 2023-03-31 05:54
2023-04-06 15.90 2023-03-31 05:54
2023-04-07 16.03 2023-03-31 05:54
2023-04-10 16.03 2023-03-31 05:54
2023-04-11 16.04 2023-03-31 05:54
2023-04-12 16.20 2023-03-31 05:54
2023-04-13 16.34 2023-03-31 05:54
2023-04-14 16.40 2023-03-31 05:54
2023-04-17 16.47 2023-03-31 05:54
2023-04-18 16.61 2023-03-31 05:54
2023-04-19 16.70 2023-03-31 05:54
2023-04-20 16.76 2023-03-31 05:54
2023-04-21 16.82 2023-03-31 05:54
2023-04-24 16.90 2023-03-31 05:54
2023-04-25 16.99 2023-03-31 05:54
2023-04-26 17.07 2023-03-31 05:54

The forecast (dashed curve) of the share price performance is based on historical data. Our forecast model is based on mathematical, statistical methods. The website offers price forecasts and analysis tools for equities and other securities, which are exclusively based on the prices of these securities in the past. Information about these prices is provided to us by third parties. Although we believe, If we believe that our sources are reliable, we cannot guarantee the accuracy, completeness, timeliness and correct sequencing of this information. We do not investigate the issuers of the securities to which our forecasts relate, nor do we consider any financial data or other data of such issuers with the exception of the past prices of the securities. Therefore, our forecasts do not constitute an analysis of other commercial or financial factors or circumstances, that may be relevant for future security price flows. Investments require additional considerations. Our forecasts cannot reflect the specific situation. Experience and risk profile of an individual investor or the tax implications an investment may have for the investor. Although we believe that our mathematical models are a tool to try to explore the possibility for future price development with the help of past performance, such developments are subject to a multitude of different influences. and therefore not really predictable. We cannot guarantee the success of any investment you make based on the information published here. This website is for information purposes only. All information and data on this website cannot be guaranteed to be accurate, accuracy, completeness and appropriateness - neither explicit nor implicit.