Stock Trend Analysis Report
Prepared for you on Monday, April 12, 2021.
Michaels Companies, Inc (NASDAQ:MIK)
Long-Term Uptrend (+90) - MIK is in a strong uptrend that is likely to continue. While MIK is showing intraday weakness, it remains in the confines of a bullish trend. Traders should use caution and utilize a stop order.
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.
MarketClub’s Trade Triangles for MIK
The long-term trend has been UP since Jun 2nd, 2020 at 4.340
The intermediate-term trend has been UP since Mar 1st, 2021 at 17.095
The short-term trend has been UP since Mar 31st, 2021 at 21.980
Smart Scan Analysis for MIK
Based on our trend formula, MIK is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|Year High||27.87||Year High Date||2018-01-29|
|Year Low||14.82||Year Low Date||2018-10-05|
|52wk High||22.42||52wk High Date||2021-03-16|
|52wk Low||1.855||52wk Low Date||2020-04-21|
|Average Volume||3,545,068||Shares Outstanding||141,611|