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Michael Kors Hol Down 30.2% Since SmarTrend Downtrend Call (KORS)

By Shiri Gupta

SmarTrend identified a Downtrend for Michael Kors Hol (NYSE:KORS) on September 24th, 2018 at $68.99. In approximately 2 months, Michael Kors Hol has returned 30.16% as of today's recent price of $48.18.

Michael Kors Hol share prices have moved between a 52-week high of $75.96 and a 52-week low of $47.47 and are now trading 1% above that low price at $48.18 per share. Over the last five market days, the 200-day moving average (MA) has gone down 0.4% while the 50-day MA has declined 2.5%.

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