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Oct 05, 2018
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Sears Holdings (SHLD, $0.73) Announces More Store Shutdowns

Sears Holdings (SHLD, $0.73) Announces More Store Shutdowns

Sears Holdings announced that it will close six more Sears stores alongwith  five Kmart stores, mostly in November and December. In late August, it said that it will shutter more than 13 Kmart stores, following 2017’s closing down of 45. 

This is happening as the company faces challenges with its debt repayment schedules. Sears Holdings CEO Eddie Lampert is trying to get creditors to allow a restructuring of roughly $1.1 billion of the company's debt coming due in the next two years. He has also suggested the Sears board to sell $1.5 billion worth of real estate and to divest $1.75 billion of assets.

 

Related Ticker: SHLD

Contributor

Sergey Savastiouk, Ph.D. has a degree in Applied Mathematics from Moscow University and has extensive experience as an entrepreneur, investor, manager, and mathematician. His professional expertise is in applied mathematics, mathematical modeling, system and pattern analysis, and software and hardware system integration. He has served as the CEO of several hi-tech start-up companies and nonprofit organizations, which has given him proven capabilities in business strategy for high-tech start-up companies, market assessment, company formation, team building, product development, marketing, and sales. He has published numerous articles in journals and magazines on related fields. As a retail investor, he spent 15 years developing his proprietary trading and quantitative algorithms (now Tickeron’s A.I.), which brought him significant returns in trading the stock market. His current work and goal in founding Tickeron is to bring professional, sophisticated stock market analysis capabilities to retail investors via an easy-to-use interface.


SHLD's MACD Histogram crosses above signal line

The Moving Average Convergence Divergence (MACD) for SHLD turned positive on October 13, 2026. Looking at past instances where SHLD's MACD turned positive, the stock continued to rise in 25 of 27 cases over the following month. The odds of a continued upward trend are 90%.

Price Prediction Chart

Technical Analysis (Indicators)

Bullish Trend Analysis

The Momentum Indicator moved above the 0 level on October 15, 2026. You may want to consider a long position or call options on SHLD as a result. In 41 of 47 past instances where the momentum indicator moved above 0, the stock continued to climb. The odds of a continued upward trend are 87%.

SHLD moved above its 50-day moving average on October 26, 2026 date and that indicates a change from a downward trend to an upward trend.

The 10-day moving average for SHLD crossed bullishly above the 50-day moving average on October 29, 2026. This indicates that the trend has shifted higher and could be considered a buy signal. In 5 of 5 past instances when the 10-day crossed above the 50-day, the stock continued to move higher over the following month. The odds of a continued upward trend are 90%.

Following a +2.77% 3-day Advance, the price is estimated to grow further. Considering data from situations where SHLD advanced for three days, in 220 of 242 cases, the price rose further within the following month. The odds of a continued upward trend are 90%.

Bearish Trend Analysis

The 10-day RSI Indicator for SHLD moved out of overbought territory on October 30, 2026. This could be a bearish sign for the stock. Traders may want to consider selling the stock or buying put options. Tickeron's A.I.dvisor looked at 37 similar instances where the indicator moved out of overbought territory. In 25 of the 37 cases, the stock moved lower in the following days. This puts the odds of a move lower at 68%.

The Stochastic Oscillator may be shifting from an upward trend to a downward trend. In 27 of 43 cases where SHLD's Stochastic Oscillator exited the overbought zone, the price fell further within the following month. The odds of a continued downward trend are 63%.

Following a 3-day decline, the stock is projected to fall further. Considering past instances where SHLD declined for three days, the price rose further in 50 of 62 cases within the following month. The odds of a continued downward trend are 74%.

SHLD broke above its upper Bollinger Band on October 29, 2026. This could be a sign that the stock is set to drop as the stock moves back below the upper band and toward the middle band. You may want to consider selling the stock or exploring put options.

The Aroon Indicator for SHLD entered a downward trend on October 19, 2026. This could indicate a strong downward move is ahead for the stock. Traders may want to consider selling the stock or buying put options.

Notable companies

The most notable companies in this group are Lockheed Martin Corp (NYSE:LMT), Northrop Grumman Corp (NYSE:NOC).

Industry description

The investment seeks to provide investment results that correspond generally to the price and yield performance, before fees and expenses, of the Global X Defense Tech Index. The fund invests at least 80% of its net assets, plus borrowings for investment purposes (if any), in the securities of the Global X Defense Tech Index, which may include common stocks, American Depositary Receipts ("ADRs") and Global Depositary Receipts ("GDRs") based on the securities in the underlying index. The underlying index is owned and was developed by Global X Management Company LLC, an affiliate of the fund and the fund's investment adviser. The fund is non-diversified.

Market Cap

The average market capitalization across the Global X Defense Tech ETF (SHLD) ETF is 73.58B. The market cap for tickers in the group ranges from 680.99M to 421.5B. PLTR holds the highest valuation in this group at 421.5B. The lowest valued company is BKSY at 680.99M.

High and low price notable news

The average weekly price growth across all stocks in the Global X Defense Tech ETF (SHLD) ETF was 0%. For the same ETF, the average monthly price growth was 5%, and the average quarterly price growth was -4%. HII experienced the highest price growth at 13%, while PLTR experienced the biggest fall at -12%.

Volume

The average weekly volume growth across all stocks in the Global X Defense Tech ETF (SHLD) ETF was -14%. For the same stocks of the ETF, the average monthly volume growth was 23% and the average quarterly volume growth was -38%

Fundamental Analysis Ratings

The average fundamental analysis ratings, where 1 is best and 100 is worst, are as follows

Valuation Rating: 63
P/E Growth Rating: 57
Price Growth Rating: 55
SMR Rating: 61
Profit Risk Rating: 58
Seasonality Score: -13 (-100 ... +100)
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Category Industrials

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Industrials
Address
Global X Funds600 Lexington Avenue, 20th FloorNew York
Phone
+1 8884938631
Web
www.globalxfunds.com
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