89% Chance of Uptrend: Heritage Global (HGBL) Technical Analysis and Market Overview
Heritage Global (HGBL) has recently shown promising signs of a potential uptrend in its price movement. On June 16, 2023, the Aroon Indicator for HGBL entered an uptrend, indicating the stock's positive momentum. A.I.dvisor's analysis detected that the AroonUp green line is above 70, while the AroonDown red line is below 30. This pattern suggests a bullish move could be on the horizon. Traders may consider taking a long position in the stock or exploring call options for the next month. Backtesting this indicator, A.I.dvisor found 240 similar cases, with 214 of them resulting in successful outcomes. Based on this data, the odds of success in a potential uptrend are estimated to be around 89%.
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Further emphasizing the positive outlook, the Aroon Indicator for HGBL triggered a bullish signal on the same day, confirming the upward move. Tickeron's A.I.dvisor identified the AroonUp green line above 70 and the AroonDown red line below 30, indicating a setup for a bullish move. Historical analysis of 240 similar instances revealed that in 214 cases, the stock moved higher in the days that followed, reinforcing the 89% chance of a continued upward trend.
Examining the market capitalization within the Investment Banks/Brokers Industry, the average market capitalization is 9.43B. Market capitalization for tickers in the group ranges from 13 to 928.5B. Notably, PKRSF holds the highest valuation in this group at 928.5B, while the lowest valued company is BFCH at 13.
In terms of price movements within the Investment Banks/Brokers Industry, the average weekly price growth is 1%. For the same industry, the average monthly price growth is 2%, and the average quarterly price growth is 23%. Noteworthy outliers include GREE, which experienced the highest price growth at 78%, while TCJH saw the biggest fall at -77%.
Analyzing the volume dynamics, the average weekly volume growth across all stocks in the Investment Banks/Brokers Industry is 112%. For the same stocks of the industry, the average monthly volume growth is 97%, and the average quarterly volume growth is 205%.
Heritage Global (HGBL) is showing strong indications of an uptrend, supported by the Aroon Indicator and historical analysis. Traders should consider the odds of success in an upward move and the market dynamics within the Investment Banks/Brokers Industry. Additionally, the fundamental analysis ratings provide further insights into HGBL's potential for growth.
HGBL in upward trend: 10-day moving average crossed above 50-day moving average on May 19, 2025
The 10-day moving average for HGBL crossed bullishly above the 50-day moving average on May 19, 2025. This indicates that the trend has shifted higher and could be considered a buy signal. In of 14 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 .
Technical Analysis (Indicators)
Bullish Trend Analysis
The Stochastic Oscillator demonstrated that the ticker has stayed in the oversold zone for 2 days, which means it's wise to expect a price bounce in the near future.
Following a 3-day Advance, the price is estimated to grow further. Considering data from situations where HGBL advanced for three days, in of 243 cases, the price rose further within the following month. The odds of a continued upward trend are .
Bearish Trend Analysis
The 10-day RSI Indicator for HGBL moved out of overbought territory on May 14, 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 25 similar instances where the indicator moved out of overbought territory. In of the 25 cases, the stock moved lower in the following days. This puts the odds of a move lower at .
The Momentum Indicator moved below the 0 level on June 02, 2025. You may want to consider selling the stock, shorting the stock, or exploring put options on HGBL as a result. In of 103 cases where the Momentum Indicator fell below 0, the stock fell further within the subsequent month. The odds of a continued downward trend are .
The Moving Average Convergence Divergence Histogram (MACD) for HGBL turned negative on May 28, 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 48 similar instances when the indicator turned negative. In of the 48 cases the stock turned lower in the days that followed. This puts the odds of success at .
HGBL moved below its 50-day moving average on June 06, 2025 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 HGBL declined for three days, the price rose further in of 62 cases within the following month. The odds of a continued downward trend are .
HGBL broke above its upper Bollinger Band on May 12, 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.
The Tickeron PE Growth Rating for this company is (best 1 - 100 worst), pointing to outstanding earnings growth. The PE Growth rating is based on a comparative analysis of stock PE ratio increase over the last 12 months compared against S&P 500 index constituents.
The Tickeron Seasonality Score of (best 1 - 100 worst) indicates that the company is fair valued in the industry. The Tickeron Seasonality score describes the variance of predictable price changes around the same period every calendar year. These changes can be tied to a specific month, quarter, holiday or vacation period, as well as a meteorological or growing season.
The Tickeron Price Growth Rating for this company is (best 1 - 100 worst), indicating fairly steady price growth. HGBL’s price grows at a lower rate over the last 12 months as compared to S&P 500 index constituents.
The Tickeron Profit vs. Risk Rating rating for this company is (best 1 - 100 worst), indicating that the returns do not compensate for the risks. HGBL’s unstable profits reported over time resulted in significant Drawdowns within these last five years. A stable profit reduces stock drawdown and volatility. The average Profit vs. Risk Rating rating for the industry is 67, placing this stock worse than average.
The Tickeron Valuation Rating of (best 1 - 100 worst) indicates that the company is slightly overvalued in the industry. This rating compares market capitalization estimated by our proprietary formula with the current market capitalization. This rating is based on the following metrics, as compared to industry averages: P/B Ratio (1.595) is normal, around the industry mean (5.755). P/E Ratio (8.030) is within average values for comparable stocks, (35.318). HGBL's Projected Growth (PEG Ratio) (0.000) is slightly lower than the industry average of (2.610). HGBL has a moderately low Dividend Yield (0.000) as compared to the industry average of (0.031). P/S Ratio (1.645) is also within normal values, averaging (82.424).
The Tickeron SMR rating for this company is (best 1 - 100 worst), indicating weak sales and an unprofitable business model. SMR (Sales, Margin, Return on Equity) rating is based on comparative analysis of weighted Sales, Income Margin and Return on Equity values compared against S&P 500 index constituents. The weighted SMR value is a proprietary formula developed by Tickeron and represents an overall profitability measure for a stock.
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Fundamental Analysis Ratings
The average fundamental analysis ratings, where 1 is best and 100 is worst, are as follows
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General Information
a company which engages in the provision of corporate and financial asset liquidation transactions, valuations, and advisory services
Industry InvestmentBanksBrokers
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