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Stock Trend Analysis Report

Prepared for you on Saturday, August 8, 2020.

Herman Miller, Inc (NASDAQ:MLHR)

Bull Market Weakness (+75) - MLHR is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on MLHR as it may be in the beginning stages of a reversal.

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.

NASDAQ_MLHR
Open High Low MLHR Price Change
24.31 25.58 24.27 25.54 +1.04
Entry Signal

MarketClub’s Trade Triangles for MLHR

long term down The long-term trend has been DOWN since Dec 27th, 2019 at 41.18

intermediate term up The intermediate-term trend has been UP since Aug 5th, 2020 at 23.93

short term up The short-term trend has been UP since Aug 4th, 2020 at 23.74

Smart Scan Analysis for MLHR

Based on our trend formula, MLHR is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+70
Smart Scan Analysis for MLHR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
24.31 25.58 24.27 25.54 +1.04
Prev. Close Volume Bid Ask Time
23.16 386189 2020-08-07 15:59:36
Year High41.845Year High Date2018-01-24
Year Low29.95Year Low Date2018-03-27
52wk High49.874952wk High Date2019-12-18
52wk Low14.3952wk Low Date2020-03-17
Year End Close21.46Average Volume617,717
Shares Outstanding58,770Short Interest1,681,701
% Institutional98Market Cap2,604M
Assets198,580,000MLiabilities114,900,000M
P/E Ratio6.5Beta1.28
Volatility32.3
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