Technical Analysis for MIK - The Michaels Companies, Inc.

Grade Last Price % Change Price Change
C 15.0 0.33% 0.05
MIK closed up 0.33 percent on Friday, February 26, 2021, on 86 percent of normal volume. The price action carved out a bearish shooting star candlestick pattern. That may indicate a downside reversal. Look for price to trade beneath the low of the shooting star for confirmation.
Earnings due: Mar 15
*** please verify all earnings dates ***

Trend Table & Recent EOD Signals

ADX Long Term Intermediate Term Short Term
Weak or Absent Up Up Flat
Historical MIK trend table...

Date Alert Name Type % Chg
20 DMA Resistance Bearish 0.00%
Shooting Star Candlestick Bearish 0.00%
Pocket Pivot Bullish Swing Setup 0.00%
Up 3 Days in a Row Strength 0.00%
50 DMA Support Bullish 0.33%
Pocket Pivot Bullish Swing Setup 0.33%
50 DMA Support Bullish 0.94%
Pocket Pivot Bullish Swing Setup 0.94%
50 DMA Support Bullish 1.69%
Hammer Candlestick Bullish 1.69%
Older End-of-Day Signals for MIK ...

   Recent Intraday Alerts -- Get these alerts pushed to you via our Mobile App

Alert Time
Possible Pocket Pivot about 14 hours ago
Rose Above 20 DMA about 17 hours ago
10 DMA Resistance about 19 hours ago
Rose Above Previous Day's High about 19 hours ago
Rose Above 10 DMA about 19 hours ago
View Earlier Intraday Alerts

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Profile

The Michaels Companies, Inc. owns and operates a chain of arts and crafts specialty retail stores in North America. The company's stores offer approximately 36,000 stock-keeping units in arts, crafts, scrapbooking, floral, framing, home décor, seasonal offerings, and children's hobbies. As of November 2, 2013, it operated approximately 1,259 stores consisting of 1,137 Michaels stores in 49 states, as well as in Canada; and 122 Aaron Brothers stores in 9 states. In addition, the company, through its subsidiary, Artistree, manufactures precut mats and custom framing merchandise. The Michaels Companies, Inc. was founded in 2013 and is based in Irving, Texas.
Classification

Sector: Consumer Cyclical
Industry: Specialty Retail
Keywords: Retail Stores Retailers Framing Crafts Hobbies Michaels

Is MIK a Buy, Sell or Hold?

Indicator Bull Case Neutral / Hold Bear Case
50 DMA
200 DMA
ADX Trend
Oversold / Overbought
Relative Strength

Indicators

Indicator Value
52 Week High 17.9
52 Week Low 1.0
Average Volume 4,184,911
200-Day Moving Average 9.82
50-Day Moving Average 14.53
20-Day Moving Average 15.39
10-Day Moving Average 15.06
Average True Range 0.89
ADX 21.05
+DI 22.07
-DI 25.47
Chandelier Exit (Long, 3 ATRs ) 15.13
Chandelier Exit (Short, 3 ATRs ) 16.13
Upper Bollinger Band 16.57
Lower Bollinger Band 14.22
Percent B (%b) 0.33
BandWidth 15.26
MACD Line 0.04
MACD Signal Line 0.21
MACD Histogram -0.1753
Fundamentals Value
Market Cap 2.21 Billion
Num Shares 147 Million
EPS 0.94
Price-to-Earnings (P/E) Ratio 15.97
Price-to-Sales 0.31
Price-to-Book 0.00
PEG Ratio 0.74
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 16.32
Resistance 3 (R3) 16.41 16.05 16.10
Resistance 2 (R2) 16.05 15.72 16.01 16.03
Resistance 1 (R1) 15.53 15.51 15.79 15.44 15.95
Pivot Point 15.17 15.17 15.31 15.13 15.17
Support 1 (S1) 14.65 14.84 14.91 14.56 14.05
Support 2 (S2) 14.29 14.63 14.25 13.97
Support 3 (S3) 13.77 14.29 13.90
Support 4 (S4) 13.68