$ATER Swing Trading: 66.27% Returns through Deep Trend Analysis
ATER's Deep Trend Analysis (TA): Harnessing the Swing Trading Strategy for 66.27% Gains
Swing trading is a type of trading strategy that takes advantage of natural fluctuations or swings in stock prices. This strategy aims to profit from short-term price changes rather than long-term trends. The recent trend analysis of ATER's stock price showcases the efficacy of this strategy. With ATER yielding a staggering 66.27% return through a well-planned swing trading strategy, it has been an attention-grabber in the financial markets.
One of the pivotal indicators instrumental in achieving these impressive returns is the Moving Average Convergence Divergence (MACD). MACD is a trend-following momentum indicator that shows the relationship between two moving averages of a security's price. It's a popular tool among traders due to its ability to provide clear buy and sell signals.
Notably, ATER's MACD Histogram turned positive on July 3, 2023. This event is a telltale sign of positive momentum, often indicating a potential upward shift in the stock's price trajectory. The key to understanding the implications of a positive MACD lies in looking at past instances and seeing the pattern that emerges.
On reviewing the history of ATER, it is observed that in 34 out of 38 instances, the stock continued to rise over the following month when the MACD turned positive. This represents a very high probability rate of 89%, suggesting a continued upward trend. Therefore, when the MACD Histogram for ATER moved into positive territory recently, it offered an optimistic outlook for the stock's short-term future, potentially signaling a good opportunity for swing traders.
The historical trend analysis for ATER offers compelling insights for swing traders. The positive MACD transition, coupled with a high percentage of upward momentum in previous instances, signifies an exciting opportunity for potential gains. Leveraging these insights, swing traders can capitalize on the fluctuating nature of the stock market, extracting value through strategic buying and selling. This recent success story of ATER, achieving 66.27% gains, illustrates the powerful combination of deep trend analysis and swing trading in action.
ATER in -5.35% downward trend, sliding for three consecutive days on September 19, 2023
Moving lower for three straight days is viewed as a bearish sign. Keep an eye on this stock for future declines. Considering data from situations where ATER declined for three days, in of 295 cases, the price declined further within the following month. The odds of a continued downward trend are .
Technical Analysis (Indicators)
Bearish Trend Analysis
The Momentum Indicator moved below the 0 level on August 31, 2023. You may want to consider selling the stock, shorting the stock, or exploring put options on ATER as a result. In of 72 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 Aroon Indicator for ATER entered a downward trend on September 19, 2023. 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 Stochastic Oscillator shows that the ticker has stayed in the oversold zone for 9 days. The price of this ticker is presumed to bounce back soon, since the longer the ticker stays in the oversold zone, the more promptly an upward trend is expected.
The Moving Average Convergence Divergence (MACD) for ATER just turned positive on August 28, 2023. Looking at past instances where ATER's MACD turned positive, the stock continued to rise in of 39 cases over the following month. The odds of a continued upward trend are .
Following a +1 3-day Advance, the price is estimated to grow further. Considering data from situations where ATER advanced for three days, in of 233 cases, the price rose further within the following month. The odds of a continued upward trend are .
Fundamental Analysis (Ratings)
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 (0.570) is normal, around the industry mean (9.105). P/E Ratio (0.000) is within average values for comparable stocks, (21.759). ATER's Projected Growth (PEG Ratio) (0.000) is slightly lower than the industry average of (1.100). Dividend Yield (0.000) settles around the average of (0.052) among similar stocks. P/S Ratio (0.121) is also within normal values, averaging (8.280).
The Tickeron Price Growth Rating for this company is (best 1 - 100 worst), indicating slightly worse than average price growth. ATER’s price grows at a lower rate over the last 12 months as compared to 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 PE Growth Rating for this company is (best 1 - 100 worst), pointing to worse than average 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. ATER’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 83, placing this stock worse than average.
Notable companies
Industry description
Market Cap
High and low price notable news
Volume
Fundamental Analysis Ratings
The average fundamental analysis ratings, where 1 is best and 100 is worst, are as follows
General Information
a technology enabled consumer products company. Its product categories include home and kitchen appliances, kitchenware, environmental appliances, beauty related products and consumer electronics. The company was founded by Yaniv Sarig Zion in 2014 and is headquartered in New York, NY.
Industry HomeFurnishings
ATER and
Correlation & Price change
A.I.dvisor tells us that ATER and WHR have been poorly correlated (+31% of the time) for the last year. This A.I.-generated data suggests there is low statistical probability that ATER and WHR's prices will move in lockstep.
| Ticker / NAME | Correlation To ATER | 1D Price Change % | ||
|---|---|---|---|---|
| ATER | 100% | +1.84% | ||
| WHR - ATER | 31% Poorly correlated | -0.64% | ||
| SNBR - ATER | 31% Poorly correlated | +0.39% | ||
| LOVE - ATER | 31% Poorly correlated | +2.04% | ||
| MLKN - ATER | 29% Poorly correlated | +4.63% | ||
| LZB - ATER | 25% Poorly correlated | +0.70% | ||
More | ||||