Swing Trader: Consumer, Energy, and Financial Sectors (Diversified) Yield a Solid 9.31% for BN
The diversified consumer, energy, and financial sectors are paving the way for significant returns, as evidenced by BN's recent 9.31% surge. This well-performing trifecta has led to substantial gains and is illustrative of the potential growth within these segments of the market.
BN's recent success is linked to a noteworthy shift in its Stochastic Oscillator, a momentum indicator that compares a particular closing price of a security to a range of its prices over a certain period. This indicator has just moved out of the oversold territory on June 28, 2023, which is typically considered a bullish sign. This shift may present an opportune moment for traders to consider investing in the stock or purchasing call options.
Backing up this potential upward trend, Tickeron's A.I.dvisor, an artificial intelligence system, investigated 48 past occurrences where BN's Stochastic Oscillator left the oversold zone. The result was striking: in 35 out of the 48 cases, the stock experienced an upward movement in the days following this shift. This equates to an over 73% probability of BN's stock seeing a surge, adding weight to the bull case for the stock.
The bullish indicators surrounding BN's stocks and the sustained strong performance across the consumer, energy, and financial sectors underline the potential for this diversified approach. It showcases the kind of robust returns achievable when different sectors work together symbiotically in an investment portfolio.
This move out of the oversold territory by BN's Stochastic Oscillator is a beacon for potential investors, highlighting an attractive entry point. It is a testimony to the power of a diversified approach across multiple sectors, offering steady gains and the potential for further growth.
The notable 9.31% surge in BN’s diversified portfolio sends a clear message about the capacity for profitable investment within the consumer, energy, and financial sectors. Market participants should watch these sectors closely as they continue to demonstrate the benefits of a diversified investment strategy.
BN broke above its upper Bollinger Band on September 14, 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 A.I.dvisor looked at 40 similar instances where the stock broke above the upper band. In of the 40 cases the stock fell afterwards. This puts the odds of success at .
The Momentum Indicator moved below the 0 level on September 21, 2023. You may want to consider selling the stock, shorting the stock, or exploring put options on BN as a result. In of 86 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 BN turned negative on September 21, 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 42 similar instances when the indicator turned negative. In of the 42 cases the stock turned lower in the days that followed. This puts the odds of success at .
BN moved below its 50-day moving average on September 21, 2023 date and that indicates a change from an upward trend to a downward trend.
The 10-day moving average for BN crossed bearishly below the 50-day moving average on September 28, 2023. This indicates that the trend has shifted lower and could be considered a sell signal. In of 19 past instances when the 10-day crossed below the 50-day, the stock continued to move higher over the following month. The odds of a continued downward trend are .
Following a 3-day decline, the stock is projected to fall further. Considering past instances where BN 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 RSI Indicator points to a transition from a downward trend to an upward trend -- in cases where BN's RSI Oscillator exited the oversold zone, of 27 resulted in an increase in price. Tickeron's analysis proposes that the odds of a continued upward trend are .
The Stochastic Oscillator shows that the ticker has stayed in the oversold zone for 4 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.
Following a 3-day Advance, the price is estimated to grow further. Considering data from situations where BN advanced for three days, in of 346 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 335 cases where BN Aroon's Indicator entered an Uptrend, the price rose further within the following month. The odds of a continued Uptrend are .
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 Valuation Rating of (best 1 - 100 worst) indicates that the company is slightly 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 (1.272) is normal, around the industry mean (3.439). BN's P/E Ratio (312.500) is considerably higher than the industry average of (30.512). Projected Growth (PEG Ratio) (0.000) is also within normal values, averaging (4.593). Dividend Yield (0.011) settles around the average of (0.071) among similar stocks. P/S Ratio (0.528) is also within normal values, averaging (78.137).
The Tickeron Price Growth Rating for this company is (best 1 - 100 worst), indicating slightly worse than average price growth. BN’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 Profit vs. Risk Rating rating for this company is (best 1 - 100 worst), indicating that the returns do not compensate for the risks. BN’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 81, placing this stock worse than average.
The average fundamental analysis ratings, where 1 is best and 100 is worst, are as follows
an alternative asset manager which owns, manages and operates real estate, financial and power generation related businesses
Industry InvestmentManagers
A.I.dvisor indicates that over the last year, BN has been closely correlated with KKR. These tickers have moved in lockstep 71% of the time. This A.I.-generated data suggests there is a high statistical probability that if BN jumps, then KKR could also see price increases.