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.
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 DOWN since Jan 23rd, 2020 at 6.23
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).
|Year High||27.87||Year High Date||2018-01-29|
|Year Low||14.82||Year Low Date||2018-10-05|
|52wk High||16.26||52wk High Date||2019-01-18|
|52wk Low||4.96||52wk Low Date||2019-08-15|
|Average Volume||6,993,976||Shares Outstanding||146,785|