Boost Your Returns with ATER: Swing Trade Downtrend Protection at 81.9%
Swing Trader: ATER Utilizes Downtrend Protection (TA) to Generate Impressive 81.9% Returns
Technical Analysis (TA) is becoming an increasingly valuable tool for investors in evaluating stock performance, identifying opportunities, and optimizing investment strategies. Its effectiveness is evident in the case of ATER, which has leveraged downtrend protection to achieve an impressive 81.9% return.
Identifying A Bullish Trend
One of the key trends identified in ATER's recent performance is a marked increase in the Momentum Indicator, which moved above the 0 level on July 07, 2023. Such a movement has traditionally been associated with the potential for positive gains. Historical evidence supports this, with 60 out of 70 past instances resulting in a continued climb in stock value. This places the odds of a continued upward trend at an encouraging 86%.
MACD Signals Positive Shift
Another significant indicator of the bullish trend for ATER is reflected in the Moving Average Convergence Divergence (MACD). This indicator turned positive on July 03, 2023. In past instances where ATER's MACD turned positive, the stock rose in 36 out of 38 cases over the following month. This translates to a likelihood of a continued upward trend at an outstanding 90%.
Moving Above the 50-Day Average
ATER's move above its 50-day moving average on July 10, 2023, further emphasizes the shift from a downward to an upward trend. This move signifies a potential turning point, making the stock more attractive to long-position investors and traders.
The Impact of a 3-Day Advance
ATER’s recent performance has been marked by a +25.94% 3-day advance, indicating promising potential for further growth. Examining past data where ATER advanced for three days, in 183 out of 225 cases, the price rose further within the following month. This suggests an 81% likelihood of a continued upward trend.
ATER's recent performance and various technical indicators suggest a bullish trend. From a positive Momentum Indicator and MACD to moving above its 50-day moving average and enjoying a significant 3-day advance, ATER is providing investors with promising signals of upward movement. With the high probability of continued growth, investors might want to consider long positions or call options on ATER.
ATER's MACD Histogram crosses above signal line
The Moving Average Convergence Divergence (MACD) for ATER 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 .
Technical Analysis (Indicators)
Bullish Trend Analysis
The Stochastic Oscillator suggests the stock price trend may be in a reversal from a downward trend to an upward trend. of 54 cases where ATER's Stochastic Oscillator exited the oversold zone resulted in an increase in price. Tickeron's analysis proposes that the odds of a continued upward trend are .
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 .
Following a 3-day decline, the stock is projected to fall further. Considering past instances where ATER 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 ATER entered a downward trend on September 28, 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.
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 (0.563) is normal, around the industry mean (9.062). P/E Ratio (0.000) is within average values for comparable stocks, (22.304). ATER's Projected Growth (PEG Ratio) (0.000) is slightly lower than the industry average of (1.127). Dividend Yield (0.000) settles around the average of (0.064) among similar stocks. P/S Ratio (0.120) is also within normal values, averaging (8.276).
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% | +4.82% | ||
| WHR - ATER | 31% Poorly correlated | +0.41% | ||
| SNBR - ATER | 31% Poorly correlated | +1.11% | ||
| LOVE - ATER | 31% Poorly correlated | +0.56% | ||
| MLKN - ATER | 27% Poorly correlated | +4.22% | ||
| LZB - ATER | 25% Poorly correlated | -0.80% | ||
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