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 +3.55% Uptrend, advancing for three consecutive days on June 13, 2025
Moving higher for three straight days is viewed as a bullish sign. Keep an eye on this stock for future growth. Considering data from situations where SHLD advanced for three days, in of 174 cases, the price rose further within the following month. The odds of a continued upward trend are .
Technical Analysis (Indicators)
Bullish Trend Analysis
The Momentum Indicator moved above the 0 level on June 11, 2025. You may want to consider a long position or call options on SHLD as a result. In of 45 past instances where the momentum indicator moved above 0, the stock continued to climb. The odds of a continued upward trend are .
The Aroon Indicator entered an Uptrend today. In of 232 cases where SHLD Aroon's Indicator entered an Uptrend, the price rose further within the following month. The odds of a continued Uptrend are .
Bearish Trend Analysis
The 10-day RSI Indicator for SHLD moved out of overbought territory on June 16, 2025. 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 35 similar instances where the indicator moved out of overbought territory. In of the 35 cases, the stock moved lower in the following days. This puts the odds of a move lower at .
The Stochastic Oscillator may be shifting from an upward trend to a downward trend. In of 39 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 Moving Average Convergence Divergence Histogram (MACD) for SHLD turned negative on June 10, 2025. This could be a sign that the stock is set to turn lower in the coming weeks. Traders may want to sell the stock or buy put options. Tickeron's A.I.dvisor looked at 24 similar instances when the indicator turned negative. In of the 24 cases the stock turned lower in the days that followed. This puts the odds of success at .
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 .
SHLD broke above its upper Bollinger Band on June 13, 2025. 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.
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