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.
MarketClub’s Trade Triangles for MLHR
The long-term trend has been DOWN since Dec 27th, 2019 at 41.18
The intermediate-term trend has been UP since Aug 5th, 2020 at 23.93
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).
|Year High||41.845||Year High Date||2018-01-24|
|Year Low||29.95||Year Low Date||2018-03-27|
|52wk High||49.8749||52wk High Date||2019-12-18|
|52wk Low||14.39||52wk Low Date||2020-03-17|
|Year End Close||21.46||Average Volume||617,717|
|Shares Outstanding||58,770||Short Interest||1,681,701|
|% Institutional||98||Market Cap||2,604M|