MACD Oscillator Analysis for The Michaels Companies, Inc. (NASDAQ:MIK)

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Technical Indicators and Signals

The stochastic oscillator indicator is the important indicator to compare the security price over a certain period of time. The stochastic %K of The Michaels Companies, Inc. (NASDAQ:MIK) for the period of 9-Day stands at 28.96% while the stochastic %D for the same period stands at 20.52%.

The 7-Day Average Directional Index ADX (also known as Trend Strength Indicator) of The Michaels Companies, Inc. (NASDAQ:MIK) signals “Sell” while other important signals like the 20-Day Moving Average Vs. Price signals “Sell”.

Another important signal of trend and momentum of a security is 20-50 Day MACD Oscillator or Moving Average Convergence Divergence signals “Sell” for The Michaels Companies, Inc. (NASDAQ:MIK) while 20-100 Day MACD Oscillator indicates “Sell”.

Bollinger band is a volatility indicator of a certain security, currently The Michaels Companies, Inc. (NASDAQ:MIK)’s 20-Day Bollinger Band indicates “Hold”.

About Company

The Michaels Companies, Inc. is a specialty retailer of arts and crafts. The Company’s stores offer stock-keeping units in arts, crafts, scrapbooking, floral, framing, home décor, seasonal offerings, and children’s hobbies. It produces 11 exclusive private brands including Recollections(R), Studio Decor(R), Bead Landing(R), Creatology(R), Ashland(R), Celebrate It(R), Art Minds(R), Artist’s Loft(R), Craft Smart(R), Loops & Threads(R) and Imagin8(R). The Michaels Companies, Inc. is based in Irving, Texas.

Previous Day Activity Analysis

On the last trading day, The Michaels Companies, Inc. (NASDAQ:MIK) opened the session at $18.48 and after going up 0.05% closed at $18.57. The stock gained 0.09 points in the last trade.

The Michaels Companies, Inc. (NASDAQ:MIK)’s stock fluctuated in the range of $18.41 and $18.79 during the previous active session. The Michaels Companies, Inc. (NASDAQ:MIK) traded with the volume of 1.26 Million with average volume of 2.14 Million. The stock has HIGH volatility on the last trading session.

Currently the Beta for the company remains at 0.85 while ATR (Average True Range) and RSI (Relative Strength Index) are at 0.59 and 32.78 respectively.

Currently the Insider Ownership of the shares of The Michaels Companies, Inc. (NASDAQ:MIK) is at 0.3% and the shares outstanding are 180.89 Million.

Important Ratio Analysis

Some important ratios to consider here for The Michaels Companies, Inc. (NASDAQ:MIK) are discussed below:

Price to Earnings P/E ratio stands at 9.8 while Forward P/E shows the value of 8.05.

The PEG ratio (Price to Earning to Growth) emits the value of 0.77. The Price to Sale P/S and Price to Book P/B shows the value of 0.64 and 0 respectively. While Price to Cash P/C and Price to Free Cash Flow P/FCF stands at 25.05 and 7.22 correspondingly.

The Quick Ratio of The Michaels Companies, Inc. (NASDAQ:MIK) stands at 0.3 while the Current Ratio depicts the value of 1.4.

Return on Assets ROA of The Michaels Companies, Inc. (NASDAQ:MIK) is at 17.7% whereas, Return on Equity ROE and Return of Investment ROI of The Michaels Companies, Inc. (NASDAQ:MIK) stand at -22% and 47.8% respectively.

Stock Performance Analysis

The stock performance of The Michaels Companies, Inc. (NASDAQ:MIK) on the basis of 5 day trade show the dip of -3.38% whereas, the monthly performance of the stock shows decrease of -8.07%.

The quarterly performance of the stock remained in red zone with the value of -9.55% while six month performance of the shares of The Michaels Companies, Inc. (NASDAQ:MIK) remained bearish with the count of -11.23%.

The yearly and YTD performance of The Michaels Companies, Inc. (NASDAQ:MIK) remained down at -16.99% and -9.19% respectively.

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