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Stock Trend Analysis Report

Prepared for you on Sunday, February 28, 2021.

Michaels Companies, Inc (NASDAQ:MIK)

Sidelines Mode (-55) - MIK is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.

Is it time to buy, sell, or avoid MIK?

MarketClub looks at technical strength and momentum to determine if the timing is right for MIK.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

NASDAQ_MIK
Open High Low MIK Price Change
14.88 15.70 14.82 15.02 +0.07
Entry Signal

MarketClub’s Trade Triangles for MIK

long term up The long-term trend has been UP since Jun 2nd, 2020 at 4.34

intermediate term down The intermediate-term trend has been DOWN since Feb 23rd, 2021 at 14.34

short term up The short-term trend has been UP since Feb 25th, 2021 at 15.12

Smart Scan Analysis for MIK

Based on our trend formula, MIK is rated as a -55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-55
Smart Scan Analysis for MIK
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
14.88 15.70 14.82 15.02 +0.07
Prev. Close Volume Bid Ask Time
15.00 3347548 2021-02-26 15:59:47
Year High27.87Year High Date2018-01-29
Year Low14.82Year Low Date2018-10-05
52wk High17.952wk High Date2021-01-14
52wk Low152wk Low Date2020-03-18
Average Volume3,686,009Shares Outstanding147,650
Market Cap1,540MAssets426,332,100M
Liabilities565,325,100MP/E Ratio10.2397
Volatility30.25
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