AI Predicts a Bearish Trend for Walgreens Boots Alliance: A Potential 4% Decline Ahead
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In the world of trading, the ability to predict market trends is invaluable. Our AI has identified a bearish trend for Walgreens Boots Alliance (WBA, $29.07), predicting a decline of 4% to $27.91 or more within the next month. Based on similar scenarios where the stock trended down during the month, the odds of a downtrend continuation are 72%.
Walgreens Boots Alliance operates within the drugstore chains industry, which includes stores that sell both prescription and non-prescription medicines, health, beauty, and personal care products. Many pharmacy retail chains have launched their own pharmacy benefits management services over time. Given that the demand for medical products is typically less sensitive to economic cycles, the drugstore retail chains industry can be largely considered as non-cyclical. Some of the biggest operators in this industry include CVS Health Corporation, Walgreens Boots Alliance Inc., and Rite Aid Corporation.
In terms of market capitalization, the average across the Drugstore Chains Industry is 3.04B, with a range from 3.29K to 24.72B. WBA holds the highest valuation in this group at 24.72B, while RLLVF is at the lower end with 3.29K.
Looking at price growth, the average weekly growth across all stocks in the Drugstore Chains Industry was 1%, with a monthly growth of 5%, and a quarterly decline of -3%. MEDS experienced the highest price growth at 94%, while RAD experienced the biggest fall at -24%.
In terms of volume, the average weekly volume growth across all stocks in the industry was 53%, with a monthly volume growth of 109% and a quarterly volume growth of 173%.
In conclusion, our AI's prediction of a bearish trend for Walgreens Boots Alliance underscores the power of AI in predicting market trends. As we continue to refine our AI algorithms, we look forward to sharing more insights and predictions with you. Stay tuned!
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WBA in upward trend: price rose above 50-day moving average on December 26, 2024
WBA moved above its 50-day moving average on December 26, 2024 date and that indicates a change from a downward trend to an upward trend. In of 40 similar past instances, the stock price increased further within the following month. The odds of a continued upward trend are .
Technical Analysis (Indicators)
Bullish Trend Analysis
The Stochastic Oscillator suggests the stock price trend may be in a reversal from a downward trend to an upward trend. of 67 cases where WBA's Stochastic Oscillator exited the oversold zone resulted in an increase in price. Tickeron's analysis proposes that the odds of a continued upward trend are .
Bearish Trend Analysis
The Momentum Indicator moved below the 0 level on January 08, 2025. You may want to consider selling the stock, shorting the stock, or exploring put options on WBA as a result. In of 98 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 WBA turned negative on December 23, 2024. 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 50 similar instances when the indicator turned negative. In of the 50 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 WBA 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 Tickeron Valuation Rating of (best 1 - 100 worst) indicates that the company is seriously undervalued 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 (1.250) is normal, around the industry mean (3.463). P/E Ratio (32.848) is within average values for comparable stocks, (181.246). Projected Growth (PEG Ratio) (2.170) is also within normal values, averaging (1.915). Dividend Yield (0.086) settles around the average of (0.050) among similar stocks. P/S Ratio (0.117) is also within normal values, averaging (0.903).
The Tickeron Price Growth Rating for this company is (best 1 - 100 worst), indicating steady price growth. WBA’s price grows at a higher rate over the last 12 months as compared to S&P 500 index constituents.
The Tickeron PE Growth Rating for this company is (best 1 - 100 worst), pointing to consistent 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 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.
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. WBA’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 96, placing this stock worse than average.
Notable companies
Industry description
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High and low price notable news
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Fundamental Analysis Ratings
The average fundamental analysis ratings, where 1 is best and 100 is worst, are as follows
General Information
a provider of drug store services
Industry DrugstoreChains