Large Inflow of Money Detected in Nordstrom

Nordstrom (JWN) : The money flow analysis of Nordstrom (JWN) indicates a $14.06 million of outflow was on downticks, whereas, the investors on Thursday gobbled up stocks worth $18.58 million on upticks. The ratio between the upticks and downticks was clearly in favor of the bulls at 1.32 and so was the total money flow at $4.52 million. A solid up-down ratio of 8.51 in block trades indicates that the investors are accumulating the stock on weakness. The bulls lapped up $4.46 million worth of block trades on upticks. Only $0.52 million worth of the stock exchanged hands on downticks. The money flow was $3.93 million in block trades, underlining the interest of the bulls in the stock even when the stock was declining.However, the price action shows that the bears had an upper hand in the stock of Nordstrom (JWN), pushing it down by -0.56% for the day. The stock slid $0.23 and traded at $40.87 during the day. Nonetheless, the stock is 1.36% over the previous weeks close.


The stock has recorded a 20-day Moving Average of 6.67% and the 50-Day Moving Average is 2.63%. Shares have dropped -47.49% from its 1 Year high price. On Jul 16, 2015, the shares registered one year high at $80.23 and the one year low was seen on Jun 27, 2016. The 50-Day Moving Average price is $38.31 and the 200 Day Moving Average price is recorded at $47.57.

Nordstrom (NYSE:JWN): The stock opened at $41.48 on Thursday but the bulls could not build on the opening and the stock topped out at $41.80 for the day. The stock traded down to $40.68 during the day, due to lack of any buying support eventually closed down at $40.87 with a loss of -0.56% for the day. The stock had closed at $41.10 on the previous day. The total traded volume was 2,087,602 shares.

In an insider trading activity,The officer (Executive Vice President) of Nordstrom Inc, Thomas Geevy Sk sold 155 shares at $57.1 on April 4, 2016. The Insider selling transaction had a total value worth of $8,851. The Insider information was disclosed with the Securities and Exchange Commission in a Form 4 filing.

Nordstrom, Inc. is a fashion specialty retailer in the United States. The company operates through two segments: Retail and Credit. The Retail segment includes approximately 115 Nordstrom branded full-line stores in the United States and, approximately 167 off-price Nordstrom Rack stores, two Canada full-line stores, and HauteLook, and other retail channels, including five Trunk Club showrooms and, its two Jeffrey boutiques and one clearance store that operates under the name Last Chance. Credit segment includes its wholly owned federal savings bank, Nordstrom fsb, through which it provides a private label credit card, two Nordstrom VISA credit cards and a debit card. The Company operated 290 United States stores located in 38 states, as well as an e-commerce business through, and HauteLook and, as of March 16, 2015. It also operates two Nordstrom full-line stores in Canada.

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