Boost Your Returns: Deep TA Reveals 72.11% Potential on ATER Stock
Swing Trader: Deep Trend Analysis (TA) Generates 72.11% for ATER
In the volatile landscape of stock markets, profound understanding and meticulous analysis often pave the path toward successful trading. A case in point is the recent performance of ATER, whose deep trend analysis (TA) has facilitated a significant yield of 72.11%. For swing traders, this represents a lucrative opportunity in the form of a robust swing trading strategy.
Swing trading is a speculative trading strategy in financial markets where a tradable asset is held for one or more days in an effort to profit from price changes or 'swings. Successful swing trader doesn't just rely on surface-level data; they dig deep, using trend analysis to predict future price movement and capitalize on that information.
The strength in ATER’s current performance stems from its potential to bounce back above its lower band, eyeing the middle band. This price movement could be attributed to various factors such as shifting market sentiment, changes in company fundamentals, or a new market trend. This trend is interpreted as a bullish signal, indicating that traders may want to consider buying the stock or exploring call options.
A call option is a financial contract that gives the option holder the right, but not the obligation, to buy a stock, bond, commodity, or other instruments at a specified price within a specific time period. With the upward swing predicted for ATER, investing in call options could potentially yield significant returns.
Moreover, ATER is expected to report earnings on August 3, 2023. Anticipated earnings reports often trigger a fluctuation in stock prices. If the reported earnings surpass market expectations, it could drive the stock price up further, providing an additional boost to investors who are already holding the stock or call options.
This news could particularly benefit swing traders who operate on a relatively short time scale, making their strategy not just about tracking general market trends but about capitalizing on individual events and earnings reports.
This deep trend analysis demonstrates the potential gains swing traders can make when they combine diligent research with a keen understanding of market trends. However, it's always essential to remember that stock market investments come with their own set of risks. Hence, traders should conduct their own research and consider their risk tolerance before making investment decisions.
The remarkable return of 72.11% on ATER, as showcased by deep trend analysis, is indeed a promising beacon for swing traders. It's an excellent reminder of the potential profits that can be harvested from the fertile ground of the stock market with the right analysis, strategies, and timing.
ATER in -4.92% downward trend, declining for three consecutive days on September 22, 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 ATER declined for three days, in of 295 cases, the price declined further within the following month. The odds of a continued downward trend are .
Technical Analysis (Indicators)
Bearish Trend Analysis
The Momentum Indicator moved below the 0 level on August 31, 2023. You may want to consider selling the stock, shorting the stock, or exploring put options on ATER as a result. In of 72 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 Aroon Indicator for ATER entered a downward trend on September 20, 2023. This could indicate a strong downward move is ahead for the stock. Traders may want to consider selling the stock or buying put options.
Bullish Trend Analysis
The Stochastic Oscillator shows that the ticker has stayed in the oversold zone for 12 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 Moving Average Convergence Divergence (MACD) for ATER just turned positive on August 28, 2023. Looking at past instances where ATER's MACD turned positive, the stock continued to rise in of 39 cases over the following month. 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 ATER advanced for three days, in of 233 cases, the price rose further within the following month. The odds of a continued upward trend 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 (0.552) is normal, around the industry mean (9.044). P/E Ratio (0.000) is within average values for comparable stocks, (21.726). ATER's Projected Growth (PEG Ratio) (0.000) is slightly lower than the industry average of (1.107). Dividend Yield (0.000) settles around the average of (0.052) among similar stocks. P/S Ratio (0.118) is also within normal values, averaging (8.273).
The Tickeron Price Growth Rating for this company is (best 1 - 100 worst), indicating slightly worse than average price growth. ATER’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 PE Growth Rating for this company is (best 1 - 100 worst), pointing to worse than average 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 Profit vs. Risk Rating rating for this company is (best 1 - 100 worst), indicating that the returns do not compensate for the risks. ATER’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 83, 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 technology enabled consumer products company. Its product categories include home and kitchen appliances, kitchenware, environmental appliances, beauty related products and consumer electronics. The company was founded by Yaniv Sarig Zion in 2014 and is headquartered in New York, NY.
Industry HomeFurnishings
ATER and
Correlation & Price change
A.I.dvisor tells us that ATER and WHR have been poorly correlated (+31% of the time) for the last year. This A.I.-generated data suggests there is low statistical probability that ATER and WHR's prices will move in lockstep.
| Ticker / NAME | Correlation To ATER | 1D Price Change % | ||
|---|---|---|---|---|
| ATER | 100% | -1.80% | ||
| WHR - ATER | 31% Poorly correlated | -1.30% | ||
| SNBR - ATER | 31% Poorly correlated | -1.73% | ||
| LOVE - ATER | 31% Poorly correlated | N/A | ||
| MLKN - ATER | 29% Poorly correlated | -1.82% | ||
| LZB - ATER | 26% Poorly correlated | -1.27% | ||
More | ||||