Stock Trend Analysis Report
Prepared for you on Wednesday, October 27, 2021.
Herman Miller, Inc. (NASDAQ:MLHR)
Sidelines Mode (-55) - MLHR 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 MLHR?
MarketClub looks at technical strength and momentum to determine if the timing is right for MLHR.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for MLHR
The long-term trend has been DOWN since Aug 19th, 2021 at 41.33
The intermediate-term trend has been DOWN since Jun 18th, 2021 at 44.85
The short-term trend has been UP since Oct 15th, 2021 at 37.80
Smart Scan Analysis for MLHR
Based on our trend formula, MLHR is rated as a -55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|Year High||41.845||Year High Date||2018-01-24|
|Year Low||29.95||Year Low Date||2018-03-27|
|52wk High||51.245||52wk High Date||2021-06-10|
|52wk Low||30.22||52wk Low Date||2020-10-30|
|Year End Close||21.46||Average Volume||697,862|
|Shares Outstanding||75,774||Short Interest||1,681,701|
|% Institutional||98||Market Cap||2,604M|