(Finance) – Weak trend for Nordstrom trading down 0.40%.
The cut in the guidance decided by the Seattle department store operator for FY 2022 contributes to weighing on the shares, in the wake of the contraction in sales in the crucial period of the holiday season.
The movement of US luxury retailerduring the week, follows the trend of theS&P-500making the title strongly influenced by the reference market and less by news concerning the company itself.
The medium-term scenario always has positive connotations, while the short-term structure shows some yielding, read from the relative indicators, due to the opposition of the resistance estimated at USD 17.95. Functional control of the short-term situation offered by the supports at 16.6. The possibility of a continuation of the corrective phase towards 15.82 is concrete.