Boost Your Profits! BRY Swing Trader - 24.17% Return via Sector Rotation
Swing Trader: Sector Rotation Strategy (TA&FA) Generates 24.17% for BRY
As a swing trader, the delicate balance between technical analysis (TA) and fundamental analysis (FA) is crucial for your trading strategy. One such strategy that has been successful in achieving noteworthy results is the Sector Rotation Strategy. The latest triumph under this banner comes from BRY, which has registered a generous 24.17% return, marking it as an exemplar for this technique.
The central beacon in this accomplishment is BRY's Moving Average Convergence Divergence (MACD) crossing above its signal line. This cross happened on July 03, 2023, marking a turning point for BRY that investors should not ignore. The MACD is a momentum oscillator that is widely utilized by traders to identify short-term trends and momentum in a security's price.
In this case, the positive turn of BRY's MACD suggests a significant shift in its momentum. An upward trend in the MACD signifies a bullish signal, which indicates that the stock's price may continue to rise. A cursory look at past instances where BRY's MACD turned positive can offer further insight into this pattern.
Of 51 cases where BRY's MACD has previously turned positive, the stock continued to rise in 45 of these cases over the following month. This provides an impressive success rate of 88%, suggesting a high likelihood of continued upward momentum.
Swing trading using a Sector Rotation Strategy is, thus, a noteworthy method that can provide substantial returns. BRY's example demonstrates the potential gains and effectiveness of this strategy when adequately employed. Relying on TA and FA, swing traders can identify potentially profitable stocks and secure significant gains, just like the 24.17% return BRY recently yielded.
The key to successful swing trading is recognizing and acting on these positive signals, such as a MACD crossing above its signal line. With a keen eye for these signs and a robust trading strategy like Sector Rotation, traders can potentially secure substantial returns on their investments.
BRY's Stochastic Oscillator sits in oversold zone for 2 days
Be on the lookout for a price bounce soon.
Technical Analysis (Indicators)
Bullish Trend Analysis
The RSI Oscillator points to a transition from a downward trend to an upward trend -- in cases where BRY's RSI Indicator exited the oversold zone, of 30 resulted in an increase in price. Tickeron's analysis proposes that the odds of a continued upward trend are .
The Moving Average Convergence Divergence (MACD) for BRY just turned positive on October 02, 2024. Looking at past instances where BRY's MACD turned positive, the stock continued to rise in of 48 cases over the following month. The odds of a continued upward trend are .
Following a 3-day Advance, the price is estimated to grow further. Considering data from situations where BRY advanced for three days, in of 312 cases, the price rose further within the following month. The odds of a continued upward trend are .
BRY may jump back above the lower band and head toward the middle band. Traders may consider buying the stock or exploring call options.
Bearish Trend Analysis
The Momentum Indicator moved below the 0 level on October 18, 2024. You may want to consider selling the stock, shorting the stock, or exploring put options on BRY as a result. In of 80 cases where the Momentum Indicator fell below 0, the stock fell further within the subsequent 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 BRY 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 Aroon Indicator for BRY entered a downward trend on October 07, 2024. This could indicate a strong downward move is ahead for the stock. Traders may want to consider selling the stock or buying put options.
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 (0.815) is normal, around the industry mean (5.175). P/E Ratio (16.854) is within average values for comparable stocks, (19.495). Projected Growth (PEG Ratio) (0.000) is also within normal values, averaging (5.525). Dividend Yield (0.090) settles around the average of (0.085) among similar stocks. P/S Ratio (0.727) is also within normal values, averaging (153.585).
The Tickeron Seasonality Score of (best 1 - 100 worst) indicates that the company is fair valued in the industry. The Tickeron Seasonality score describes the variance of predictable price changes around the same period every calendar year. These changes can be tied to a specific month, quarter, holiday or vacation period, as well as a meteorological or growing season.
The Tickeron Price Growth Rating for this company is (best 1 - 100 worst), indicating fairly steady price growth. BRY’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. BRY’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 75, placing this stock worse than average.
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Fundamental Analysis Ratings
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General Information
a company which engages in the exploration and production of domestic oil & natural gas reserves
Industry OilGasProduction