Nordstrom is a fashion retailer that provides brand-name and private label merchandise for women, men, young adults and children, with a focus on apparel, shoes, beauty, accessories and home goods. Co. provides brand-name and private label merchandise across its digital and physical assets in both its Nordstrom.com, Nordstrom U.S. stores, Nordstrom.ca, Nordstrom Canadian stores and Nordstrom Rack Canadian stores, Nordstrom Local service hubs, and ASOS Nordstrom (collectively, Nordstrom), and NordstromRack.com, Nordstrom Rack U.S. stores, and Last Chance clearance stores (collectively, Nordstrom Rack) banners. Nordstrom Rack purchases merchandise from the same vendors carried at Nordstrom.
When researching a stock like Nordstrom, many investors are the most familiar with Fundamental Analysis — looking at a company's balance sheet, earnings, revenues, and what's happening in that company's underlying business. Investors who use Fundamental Analysis to identify good stocks to buy or sell can also benefit from JWN Technical Analysis to help find a good entry or exit point. Technical Analysis is blind to the fundamentals and looks only at the trading data for JWN stock — the real life supply and demand for the stock over time — and examines that data in different ways. One of those ways is to calculate a Simpe Moving Average ("SMA") by looking back a certain number of days. One of the most popular "longer look-backs" is the JWN 200 day moving average ("JWN 200 DMA"), while one of the most popular "shorter look-backs" is the JWN 50 day moving average ("JWN 50 DMA"). A chart showing both of these popular moving averages is shown on this page for Nordstrom. |