Automation has seamlessly integrated into various facets of our daily lives. From simplifying money transfers to revolutionizing industrial operations and enhancing security services, the scope of automation is vast and ever-expanding. Leading the charge are companies like Generac Holdings Inc, known for its range of automatic generators; Cardtronics plc, a prominent operator of automatic teller machines; and Rockwell Automation, a pioneer in automation equipment and avionics systems.
Swing Trader: Sector Rotation Strategy (TA&FA) - Annualized Return + 46%
Two standout companies in this sector are Teradyne (NASDAQ:TER) and Generac Holdings (NYSE:GNRC). Their contributions and performance have been instrumental in shaping the automation industry's landscape.
The average market capitalization for this group stands at a commendable $10.1B. The spectrum of market cap within these tickers is vast, ranging from a modest $1.2B to a whopping $36.4B. Rockwell Automation (ROK) boasts the highest valuation in this group at $36.4B, while Hollysys Automation Technologies (HOLI) sits at the other end with $1.2B.
Price Movements: Highs and Lows
The group's stocks have shown promising growth, with an average weekly price growth of 3.54%. This momentum continues monthly and quarterly with growth rates of 3.97% and 22.4%, respectively. Camtek (CAMT) emerged as the star performer with a 12.2% price growth. On the flip side, Hollysys Automation Technologies (HOLI) experienced a slight dip of -0.29%.
Trading volumes give a glimpse into the stocks' activity and investor interest. The average weekly volume growth for these stocks was an impressive 43.21%. This trend amplified monthly and quarterly, with growth rates of 202.32% and 190.67%, respectively. Hollysys Automation Technologies and Camtek made headlines with record-breaking daily growths of 312% and 293% of the 65-Day Volume Moving Average, respectively.
Fundamental Analysis Ratings
To gauge the health and potential of these stocks, fundamental analysis ratings are crucial. On a scale where 1 is the best and 100 is the worst, the average ratings for these companies provide insights into their stability and growth prospects.
The automation industry is on an upward trajectory, with stocks posting commendable gains and showing promising potential for future growth. As technology continues to evolve, the automation sector is poised to be at the forefront of this revolution, offering lucrative opportunities for investors.
ROK - On August 21, 2023, ROK's RSI Oscillator emerged from the oversold zone, hinting at a possible transition from a bearish to a bullish trend. Investors might consider this an opportune moment to purchase the stock or opt for call options. Historical data from the A.I.dvisor, analyzing 22 analogous events, reveals that the stock ascended in 21 instances. This suggests a robust 90% likelihood of the stock continuing its upward trajectory.
GNRC - On August 01, 2023, GNRC's Aroon Indicator showcased a promising bullish trend. Tickeron's A.I.dvisor observed the AroonUp green line surpassing 70, while the AroonDown red line remained under 30. Such a pattern typically indicates a potential bullish momentum for the stock. Investors might view this as a prime opportunity to acquire the stock or consider call options. Historical analysis by the A.I.dvisor, examining 300 similar Aroon patterns, found that in 248 instances, the stock experienced an upward movement subsequently. This suggests a compelling 83% probability of GNRC's stock ascending in the upcoming days.
HOLI - On August 23, 2023, HOLI surpassed its upper Bollinger Band, indicating a potential price retraction towards the middle band. Investors might contemplate offloading the stock or delving into put options. An analysis by the A.I.dvisor, referencing 38 analogous Bollinger Band breaches, revealed that in 29 instances, the stock experienced a subsequent decline. This data suggests a 76% likelihood of HOLI's stock price dropping in the near future.
CAMT saw its Momentum Indicator move above the 0 level on September 25, 2023. This is an indication that the stock could be shifting in to a new upward move. Traders may want to consider buying the stock or buying call options. Tickeron's A.I.dvisor looked at 98 similar instances where the indicator turned positive. In of the 98 cases, the stock moved higher in the following days. The odds of a move higher are at .
The Stochastic Oscillator suggests the stock price trend may be in a reversal from a downward trend to an upward trend. of 64 cases where CAMT'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 .
Following a +1 3-day Advance, the price is estimated to grow further. Considering data from situations where CAMT advanced for three days, in of 291 cases, the price rose further within the following month. The odds of a continued upward trend are .
The Aroon Indicator entered an Uptrend today. In of 300 cases where CAMT Aroon's Indicator entered an Uptrend, the price rose further within the following month. The odds of a continued Uptrend are .
The 10-day RSI Indicator for CAMT moved out of overbought territory on September 13, 2023. 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 46 similar instances where the indicator moved out of overbought territory. In of the 46 cases, the stock moved lower in the following days. This puts the odds of a move lower at .
The Moving Average Convergence Divergence Histogram (MACD) for CAMT turned negative on September 11, 2023. 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 51 similar instances when the indicator turned negative. In of the 51 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 CAMT declined for three days, the price rose further in of 62 cases within the following month. The odds of a continued downward trend are .
CAMT broke above its upper Bollinger Band on September 25, 2023. 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 Profit vs. Risk Rating rating for this company is (best 1 - 100 worst), indicating low risk on high returns. The average Profit vs. Risk Rating rating for the industry is 62, placing this stock better than average.
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 Price Growth Rating for this company is (best 1 - 100 worst), indicating steady price growth. CAMT’s price grows at a higher 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 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 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 (6.423) is normal, around the industry mean (7.929). P/E Ratio (37.879) is within average values for comparable stocks, (53.587). CAMT's Projected Growth (PEG Ratio) (0.000) is slightly lower than the industry average of (2.336). CAMT has a moderately low Dividend Yield (0.000) as compared to the industry average of (0.022). P/S Ratio (9.551) is also within normal values, averaging (72.527).
The average fundamental analysis ratings, where 1 is best and 100 is worst, are as follows
a developer of automatic optical inspection systems and related products
|ETFs / NAME||Price $||Chg $||Chg %|
|American Century Multisector Flt Inc ETF|
|Entergy Mississippi LLC|
|AllianzIM US Large Cap Buffer10 Jul ETF|
|VanEck Agribusiness ETF|
|ClearBridge MLP and Midstream Total Return Fund|
A.I.dvisor indicates that over the last year, CAMT has been closely correlated with SYNA. These tickers have moved in lockstep 76% of the time. This A.I.-generated data suggests there is a high statistical probability that if CAMT jumps, then SYNA could also see price increases.