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Downtrend Call Working As Michael Kors Hol Stock Falls 43.5% (KORS)

By David Diaz

SmarTrend identified a Downtrend for Michael Kors Hol (NYSE:KORS) on September 24th, 2018 at $68.99. In approximately 6 months, Michael Kors Hol has returned 43.52% as of today's recent price of $38.96.

In the past 52 weeks, shares of Michael Kors Hol have traded between a low of $35.68 and a high of $75.96 and are now at $38.96, which is 9% above that low price. Over the past week, the 200-day moving average (MA) has remained constant while the 50-day MA has remained constant.

Michael Kors Holdings Limited is a global luxury lifestyle brand. The Company operates in retail, wholesale, and licensing with a strategically controlled global distribution network focused on company-operated retail stores, leading department stores, specialty stores, and select licensing partners.

SmarTrend will continue to scan these moving averages and a number of other proprietary indicators for any changes in momentum for shares of Michael Kors Hol.

Log in and add Michael Kors Hol (KORS) to your watchlist today so you can receive a real-time alert when the shares are about to change trend.

Keywords: spotlights michael kors hol

Ticker(s): KORS