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

By Shiri Gupta

SmarTrend identified a Downtrend for Michael Kors Hol (NYSE:KORS) on September 24th, 2018 at $68.99. In approximately 18 months, Michael Kors Hol has returned 43.52% as of today's recent price of $38.96.

In the past 52 weeks, Michael Kors Hol share prices have been bracketed by a low of $36.97 and a high of $39.75 and are now at $38.96, 5% above that low price. Over the last five market days, the 200-day moving average (MA) has remained constant while the 50-day MA has remained constant.

Michael Kors Holdings Limited operates as a holding company. The Company, through its subsidiaries, designs apparel and accessories. The Company distributes and retails handbags, shoes, watches, sweaters, hoodies, pants, sunglasses, and boots. Michael Kors Holdings serves customers worldwide.

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