Yalla Group (YALA), a technology company that operates in the Middle East and North Africa, has been making headlines lately as its stock price faces a downward trend. On May 04, 2023, YALA's Aroon Indicator signaled a downtrend, with the AroonDown red line above 70 and the AroonUp green line below 30 for three consecutive days. This movement indicates a potential sell-off for the stock over the next month, and traders may want to consider selling their shares or exploring put options.
A.I.dvisor, a leading market analysis tool, conducted a backtest of the Aroon Indicator and found 149 similar cases, with 139 of them resulting in success. This data suggests a 90% chance of success for traders who follow the indicator.
In addition to the Aroon Indicator, YALA also experienced a bearish signal on April 21, 2023, when its Moving Average Convergence Divergence Histogram (MACD) turned negative. Tickeron's A.I.dvisor analyzed 22 instances where this indicator turned negative and found that in 20 out of 22 cases, the stock price decreased in the following days. This information suggests that the odds of YALA's stock price declining are 90%.
A.I.dvisor has identified a loose correlation between YALA and COIN, with the two tickers moving in tandem 48% of the time over the last year. As always, traders should exercise caution when making investment decisions and consider a variety of factors before buying or selling any stock.
The RSI Indicator for YALA moved out of oversold territory on April 22, 2024. This could be a sign that the stock is shifting from a downward trend to an upward trend. Traders may want to buy the stock or call options. The A.I.dvisor looked at 24 similar instances when the indicator left oversold territory. In of the 24 cases the stock moved higher. This puts the odds of a move higher at .
The Momentum Indicator moved above the 0 level on April 29, 2024. You may want to consider a long position or call options on YALA as a result. In of 74 past instances where the momentum indicator moved above 0, the stock continued to climb. The odds of a continued upward trend are .
The Moving Average Convergence Divergence (MACD) for YALA just turned positive on April 25, 2024. Looking at past instances where YALA's MACD turned positive, the stock continued to rise in of 31 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 YALA advanced for three days, in of 170 cases, the price rose further within the following month. The odds of a continued upward trend are .
The Stochastic Oscillator demonstrated that the ticker has stayed in the overbought zone for 3 days. The longer the ticker stays in the overbought zone, the sooner a price pull-back is expected.
Following a 3-day decline, the stock is projected to fall further. Considering past instances where YALA declined for three days, the price rose further in of 62 cases within the following month. The odds of a continued downward trend are .
YALA broke above its upper Bollinger Band on May 02, 2024. 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 YALA entered a downward trend on May 01, 2024. This could indicate a strong downward move is ahead for the stock. Traders may want to consider selling the stock or buying put options.
The Tickeron Valuation Rating of (best 1 - 100 worst) indicates that the company is fair valued 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 (1.439) is normal, around the industry mean (29.992). P/E Ratio (8.750) is within average values for comparable stocks, (155.575). Projected Growth (PEG Ratio) (0.000) is also within normal values, averaging (2.725). Dividend Yield (0.000) settles around the average of (0.081) among similar stocks. P/S Ratio (2.825) is also within normal values, averaging (55.531).
The Tickeron SMR rating for this company is (best 1 - 100 worst), indicating strong sales and a profitable 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 Price Growth Rating for this company is (best 1 - 100 worst), indicating steady price growth. YALA’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 Profit vs. Risk Rating rating for this company is (best 1 - 100 worst), indicating that the returns do not compensate for the risks. YALA’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 90, placing this stock worse than average.
The average fundamental analysis ratings, where 1 is best and 100 is worst, are as follows
Industry PackagedSoftware