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Stock Trend Analysis Report

Prepared for you on Sunday, February 23, 2020.

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
5.430 5.945 5.150 5.225 +0.025
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 down The intermediate-term trend has been DOWN since Jan 23rd, 2020 at 6.23

short term up The short-term trend has been UP since Feb 19th, 2020 at 4.99

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
5.430 5.945 5.150 5.225 +0.025
Prev. Close Volume Bid Ask Time
7.580 8467751 2020-02-21 15:59:44
Year High27.87Year High Date2018-01-29
Year Low14.82Year Low Date2018-10-05
52wk High16.2652wk High Date2019-01-18
52wk Low4.9652wk Low Date2019-08-15
Average Volume6,993,976Shares Outstanding146,785
Market Cap1,540MAssets384,507,900M
Liabilities547,690,900MP/E Ratio4.5
Volatility30.25
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