Technical Scan on Specialty Retail’s Stocks

LONDON, UK / ACCESSWIRE / June 1, 2016 / ActiveWallSt.com announces the list of stocks featured in the Technical Morning Blog. Every morning the Active Wall St. team discusses the latest news and technical events impacting stocks and the financial markets. Companies recently featured in the blog include Michaels Cos., Sotheby’s, Five Below, and Barnes & Noble.

Today, ActiveWallSt.com is promoting its technical alert briefings. Get all of our alerts free by signing up to http://www.activewallst.com/register/.

ActiveWallSt.com takes a brief technical look at how each of the companies mentioned above have fared over the last few trading sessions.

The Michaels Companies Inc. (NASDAQ: MIK)

On Tuesday, shares in arts and crafts specialty retail chain stores operator, The Michaels Cos. Inc. recorded a trading volume of 753,348 shares, and ended the session 1.00% higher at $29.31. The stock has gained 3.10% in the last one month, 20.47% over the previous three months, and 32.56% on an YTD basis. The Company’s shares are trading 3.73% above their 50-day moving average and 20.41% above their 200-day moving average. Moreover, shares of Michaels Cos. have a Relative Strength Index (RSI) of 62.09. On May 06th, 2016, research firm Goldman downgraded the Company’s stock rating from ‘Buy’ to ‘Neutral’.

Sotheby’s (NYSE: BID)

Shares in New York headquartered auction operator, Sotheby’s, closed the day at $29.90, which was a slight correction of 0.17%. A total volume of 1.19 million shares was traded, which was above their three months average volume of 1.18 million shares. The stock has advanced 9.77% in the past month, 23.30% over the previous three months, and 16.07% since the start of this year. The Company’s shares are trading 9.27% above their 50-day moving average and 4.57% above their 200-day moving average. Additionally, shares of Sotheby’s have an RSI of 64.43.

Five Below Inc. (NASDAQ: FIVE)

At the close yesterday, shares in Philadelphia, Pennsylvania-based specialty value retailer, Five Below Inc., recorded a trading volume of 1.18 million shares, which was higher than their three months average volume of 920,150 shares. The stock ended the session 0.48% higher at $41.86. The Company’s shares have advanced 0.38% in the past month, 11.33% over the previous three months, and 30.40% on an YTD basis. The stock is trading above its 50-day and 200-day moving averages by 4.26% and 17.75%, respectively. Furthermore, shares of Five Below have an RSI of 59.22.

Barnes & Noble Inc. (NYSE: BKS)

New York-based retailer, Barnes & Noble Inc.’s stock finished Tuesday’s session 0.17% higher at $11.63 and with a total volume of 641,412 shares traded. The Company’s shares have advanced 16.49% in the previous three months and 37.50% since the start of this year. The stock is trading above its 200-day moving average by 2.14%. Additionally, shares of Barnes & Noble have an RSI of 52.27. BKS technical alerts are available for free at:

http://www.activewallst.com/register/

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