Sears (SHLD, $0.30) Will Be Shuttering 40 More Stores
Sears Holdings will be closing doors at 40 more locations.
On Thursday, the retail company announced that by February 2019, 29 Sears stores and 11 Kmart shops will be shuttered. That is in addition to the nearly 200 stores the company had already planned to close in the near future.
Sears Holdings has been mired in mounting debt for a while and is moving ahead with bankruptcy proceedings. Closing stores (particularly the underperforming ones) is part of its liquidation sales, as the retailer apparently found it hard to improve dwindling margins. The newly announced 40 store closures will begin next week, according to the company.
Adding the latest closures, Sears will be left with less than 500 Sears and Kmart stores open – that’s around half of what it had as of February.
SHLD in downward trend: 10-day moving average moved below 50-day moving average on April 17, 2026
The 10-day moving average for SHLD crossed bearishly below the 50-day moving average on April 17, 2026. This indicates that the trend has shifted lower and could be considered a sell signal. In of 3 past instances when the 10-day crossed below the 50-day, the stock continued to move higher over the following month. The odds of a continued downward trend are .
Technical Analysis (Indicators)
Bearish Trend Analysis
The Stochastic Oscillator may be shifting from an upward trend to a downward trend. In of 47 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 .
The Momentum Indicator moved below the 0 level on April 17, 2026. You may want to consider selling the stock, shorting the stock, or exploring put options on SHLD as a result. In of 50 cases where the Momentum Indicator fell below 0, the stock fell further within the subsequent month. The odds of a continued downward trend are .
SHLD moved below its 50-day moving average on April 16, 2026 date and that indicates a change from an upward trend to a downward trend.
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 of 62 cases within the following month. The odds of a continued downward trend are .
The Aroon Indicator for SHLD entered a downward trend on April 09, 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.
Bullish Trend Analysis
The RSI Oscillator points to a transition from a downward trend to an upward trend -- in cases where SHLD's RSI Indicator exited the oversold zone, of 10 resulted in an increase in price. Tickeron's analysis proposes that the odds of a continued upward trend are .
The Moving Average Convergence Divergence (MACD) for SHLD just turned positive on April 06, 2026. Looking at past instances where SHLD's MACD turned positive, the stock continued to rise in of 26 cases over the following month. The odds of a continued upward trend are .
Following a 3-day Advance, the price is estimated to grow further. Considering data from situations where SHLD advanced for three days, in of 222 cases, the price rose further within the following month. The odds of a continued upward trend are .
SHLD may jump back above the lower band and head toward the middle band. Traders may consider buying the stock or exploring call options.
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