BBIG vs CEI: High Volatility Stocks Showdown in 2023
Compare: Swing Trader: High Volatility Stocks for Active Trading (TA&FA) generate 36.04% for BBIG vs Trend Trader: Popular Stocks (TA&FA) generate 30.90% for CEI
The Oil and Gas Production industry is comprised of companies that are involved in the exploration, extraction, refining, and marketing of oil and gas products. This industry plays a crucial role in powering the global economy, serving as the source of energy for various sectors, such as transportation and industrial production. Major players in this space include ExxonMobil, Chevron, and Royal Dutch Shell. Oil and gas production can be significantly influenced by geopolitical factors, oil prices, and the ongoing transition to renewable energy.
BBIG and CEI, representing two distinct industries, witnessed contrasting price changes during the past week. BBIG, a part of the Recreational Products industry, saw a price decline of 8.61%, while CEI, from the Oil & Gas Production industry, experienced a price surge of 1.98%.
Despite the recent dip, BBIG outperforms the industry's average weekly decline of -1.25%. In comparison, CEI's weekly price growth aligns with the industry's average weekly price increment of 1.33%.
Long-Term Trends and Earnings Report
Looking at a broader timeline, the Recreational Products industry shows promising growth, with monthly and quarterly increases of 4.55% and 12.84% respectively. On the other hand, the Oil & Gas Production industry experienced meager monthly growth (0.33%) and a slight quarterly dip (-0.53%).
BBIG is set to announce its earnings on April 10, 2023, and CEI will disclose its earnings earlier, on February 14, 2023. These announcements can significantly impact each company's stock price, offering potentially lucrative opportunities for traders.
Swing Trading vs Trend Trading
When examining trading strategies, Swing Traders focusing on high volatility stocks for active trading saw a 36.04% return, outperforming Trend Traders who concentrate on popular stocks and earned 30.90%. This suggests that in the current market scenario, a short-term, active trading strategy may provide higher returns.
While both BBIG and CEI present unique investment opportunities, they cater to different investor profiles. Those looking for steadier, industry-aligned growth may lean towards CEI, while risk-tolerant investors might find BBIG more appealing despite its recent dip. Nevertheless, upcoming earnings reports and evolving market conditions could significantly sway these scenarios.
BBIG's RSI Oscillator peaks and leaves overbought zone
The 10-day RSI Oscillator for BBIG moved out of overbought territory on July 28, 2023. This could be a sign that the stock is shifting from an upward trend to a downward trend. Traders may want to look at selling the stock or buying put options. Tickeron's A.I.dvisor looked at 21 instances where the indicator moved out of the overbought zone. In of the 21 cases the stock moved lower in the days that followed. This puts the odds of a move down at .
Technical Analysis (Indicators)
Bearish Trend Analysis
The Momentum Indicator moved below the 0 level on July 28, 2023. You may want to consider selling the stock, shorting the stock, or exploring put options on BBIG as a result. In of 92 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 BBIG turned negative on July 31, 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 43 similar instances when the indicator turned negative. In of the 43 cases the stock turned lower in the days that followed. This puts the odds of success at .
BBIG moved below its 50-day moving average on July 28, 2023 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 BBIG declined for three days, the price rose further in of 62 cases within the following month. The odds of a continued downward trend are .
BBIG broke above its upper Bollinger Band on July 21, 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.
Bullish Trend Analysis
The Stochastic Oscillator shows that the ticker has stayed in the oversold zone for 3 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 10-day moving average for BBIG crossed bullishly above the 50-day moving average on July 19, 2023. This indicates that the trend has shifted higher and could be considered a buy signal. In of 16 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 .
Following a +9 3-day Advance, the price is estimated to grow further. Considering data from situations where BBIG advanced for three days, in of 202 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 96 cases where BBIG Aroon's Indicator entered an Uptrend, the price rose further within the following month. The odds of a continued Uptrend 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 (0.498) is normal, around the industry mean (23.379). P/E Ratio (0.040) is within average values for comparable stocks, (31.215). Projected Growth (PEG Ratio) (0.000) is also within normal values, averaging (2.721). Dividend Yield (0.000) settles around the average of (0.064) among similar stocks. P/S Ratio (1.433) is also within normal values, averaging (3.876).
The Tickeron Price Growth Rating for this company is (best 1 - 100 worst), indicating fairly steady price growth. BBIG’s price grows at a lower 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. BBIG’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 84, 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 provider of product development, designing, warehousing and logistics services
Industry RecreationalProducts
BBIG and
Correlation & Price change
A.I.dvisor tells us that BBIG and MBUU have been poorly correlated (+27% of the time) for the last year. This A.I.-generated data suggests there is low statistical probability that BBIG and MBUU's prices will move in lockstep.
| Ticker / NAME | Correlation To BBIG | 1D Price Change % | ||
|---|---|---|---|---|
| BBIG | 100% | -24.66% | ||
| MBUU - BBIG | 27% Poorly correlated | -6.85% | ||
| REE - BBIG | 24% Poorly correlated | -4.72% | ||
| HOG - BBIG | 23% Poorly correlated | -1.00% | ||
| BC - BBIG | 23% Poorly correlated | -2.70% | ||
| PTON - BBIG | 22% Poorly correlated | N/A | ||
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