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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.
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MarketClub’s Trade Triangles for MIK
The long-term trend has been DOWN since Jan 27th, 2020 at 5.85
The intermediate-term trend has been UP since Apr 28th, 2020 at 2.91
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).
| 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 High | 27.87 | Year High Date | 2018-01-29 |
| Year Low | 14.82 | Year Low Date | 2018-10-05 |
| 52wk High | 13.08 | 52wk High Date | 2019-04-24 |
| 52wk Low | 1 | 52wk Low Date | 2020-03-18 |
| Average Volume | 6,450,893 | Shares Outstanding | 146,847 |
| Market Cap | 1,540M | Assets | 383,809,500M |
| Liabilities | 528,455,900M | P/E Ratio | 0.9 |
| Volatility | 30.25 |