Analyze Symbol

Stock Trend Analysis Report

Prepared for you on Tuesday, February 20, 2018.

THE MICHAELS COMPANIES (NASDAQ:MIK)

Smart Scan Chart Analysis shows that negative longer term is strengthening. The market action could signal the start of a major trend change Weak Downtrend Very tight money management stops.

The Trade Triangles are generated using a proprietary algorithm that is comprised of weighted factors that include, but are not limited to - price change, percentage change, moving averages, and new highs/lows. The MarketClub trading strategy is based on the triangles, learn more here.

NASDAQ_MIK
Open High Low MIK Price Change
24.56 24.94 24.21 24.44 -0.14
Entry Signal

MarketClub’s Trade Triangles for MIK

long term up The long term trend has been UP since Dec 21st, 2017 at 23.16

intermediate term down The intermediate term trend has been DOWN since Feb 6th, 2018 at 24.41

short term down The short term trend has been DOWN since Feb 16th, 2018 at 24.23

Smart Scan Analysis for MIK

Based on a pre-defined weighted trend formula for chart analysis, MIK scored -70 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-70
Smart Scan Analysis for MIK
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
24.56 24.94 24.21 24.44 -0.14
Prev. Close Volume Bid Ask Time
24.58 1136647 2018-02-20 15:58:53
Year High27.87Year High Date2018-01-29
Year Low23.2Year Low Date2018-02-09
52wk High27.8752wk High Date2018-01-29
52wk Low17.2552wk Low Date2017-07-11
Average Volume1,839,377Volatility31.66
Want to analyze THE MICHAELS COMPANIES MIK or another symbol? Try our Free Stock Trend Analysis Report.