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Stock Trend Analysis Report

Prepared for you on Monday, May 25, 2020.

Michaels Companies, Inc (NASDAQ:MIK)

Bear Market Rally (-75) - MIK is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on MIK as it may be in the beginning of a reversal.

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.

Open High Low MIK Price Change
2.990 3.020 2.880 2.945 +0.005
Entry Signal

MarketClub’s Trade Triangles for MIK

long term down The long-term trend has been DOWN since Jan 27th, 2020 at 5.85

intermediate term up The intermediate-term trend has been UP since Apr 28th, 2020 at 2.91

short term down The short-term trend has been DOWN since May 21st, 2020 at 2.88

Smart Scan Analysis for MIK

Based on our trend formula, MIK is rated as a -75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

Smart Scan Analysis for MIK
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
2.990 3.020 2.880 2.945 +0.005
Prev. Close Volume Bid Ask Time
1.640 2101399 2020-05-22 15:59:41
Year High27.87Year High Date2018-01-29
Year Low14.82Year Low Date2018-10-05
52wk High13.0852wk High Date2019-04-24
52wk Low152wk Low Date2020-03-18
Average Volume6,450,893Shares Outstanding146,847
Market Cap1,540MAssets383,809,500M
Liabilities528,455,900MP/E Ratio0.9
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