Boost Your Portfolio: ESTE Swing Trading & Sector Rotation Soars 42.8%!
Swing Trader: Sector Rotation Strategy (TA&FA) Generates 42.8% for ESTE
In a compelling example of investment success, ESTE, a notable entity in the financial markets, has shown a remarkable performance by using a Sector Rotation Strategy coupled with both Technical Analysis (TA) and Fundamental Analysis (FA). The implementation of this strategy has resulted in an impressive gain of 42.8%.
The Sector Rotation Strategy is a tactical approach based on moving investments between sectors, capitalizing on economic trends to outperform the market. This strategy relies heavily on understanding the macroeconomic cycle, sector-specific trends, and intricacies of different industry verticals. Alongside, ESTE has deftly integrated TA and FA into its strategy, making it all the more potent.
Technical Analysis, as employed by ESTE, involves assessing past market data, primarily price, and volume, to identify potential trading opportunities based on market trends. ESTE's success story underlines how effectively TA can be used to pinpoint market entry and exit points, providing a robust methodology for timing trades.
On the other hand, Fundamental Analysis focuses on evaluating a security's intrinsic value by examining related economic and financial factors. In the case of ESTE, they have proven their prowess in integrating FA into their investment strategy, scrutinizing financial statements, economic indicators, industry conditions, and competitor data to make well-informed investment decisions.
One of the most significant indicators of this strategy's success for ESTE has been the recent positive swing in their Momentum Indicator. The Momentum Indicator is a key technical tool that tracks the speed or velocity of a price movement, enabling traders to understand the strength of the price by measuring the amount of a security's price movement over time. This turn to a positive trend suggests that ESTE is not only moving upward but doing so at an accelerating rate, thereby creating a favorable environment for potential returns.
ESTE's Sector Rotation Strategy, augmented with TA and FA, has culminated in a striking gain of 42.8%. This successful implementation underscores the potential of a well-executed investment strategy and the meaningful insights gained through the combination of TA and FA. The positive momentum indicator further bolsters ESTE's performance, reinforcing the upward trend. Such investment strategies and indicators, when wisely used, can indeed pave the way for substantial financial growth.
ESTE in -1.80% downward trend, declining for three consecutive days on September 20, 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 ESTE declined for three days, in of 306 cases, the price declined further within the following month. The odds of a continued downward trend are .
Technical Analysis (Indicators)
Bearish Trend Analysis
The 10-day RSI Indicator for ESTE moved out of overbought territory on September 11, 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 38 similar instances where the indicator moved out of overbought territory. In of the 38 cases, the stock moved lower in the following days. This puts the odds of a move lower at .
The Momentum Indicator moved below the 0 level on September 14, 2023. You may want to consider selling the stock, shorting the stock, or exploring put options on ESTE 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 ESTE turned negative on September 12, 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 48 similar instances when the indicator turned negative. In of the 48 cases the stock turned lower in the days that followed. This puts the odds of success at .
ESTE broke above its upper Bollinger Band on August 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 8 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 ESTE advanced for three days, in of 313 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 261 cases where ESTE 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 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 76, placing this stock better than average.
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. ESTE’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 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 (1.188) is normal, around the industry mean (6.265). P/E Ratio (4.307) is within average values for comparable stocks, (16.555). Projected Growth (PEG Ratio) (0.398) is also within normal values, averaging (2.543). Dividend Yield (0.000) settles around the average of (0.124) among similar stocks. P/S Ratio (1.171) is also within normal values, averaging (120.452).
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 company which engages in the exploration of crude oil and natural gas
Industry OilGasProduction
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ESTE and
Correlation & Price change
A.I.dvisor indicates that over the last year, ESTE has been closely correlated with VTLE. These tickers have moved in lockstep 83% of the time. This A.I.-generated data suggests there is a high statistical probability that if ESTE jumps, then VTLE could also see price increases.
| Ticker / NAME | Correlation To ESTE | 1D Price Change % | ||
|---|---|---|---|---|
| ESTE | 100% | -0.61% | ||
| VTLE - ESTE | 83% Closely correlated | -0.95% | ||
| MGY - ESTE | 81% Closely correlated | +0.04% | ||
| MRO - ESTE | 81% Closely correlated | -1.20% | ||
| NOG - ESTE | 80% Closely correlated | +0.33% | ||
| CPE - ESTE | 80% Closely correlated | -0.73% | ||
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