Go to the list of all blogs
Rick Johnson's Avatar
published in Blogs
Apr 26, 2023

Broadwind (BWEN, $5.2) Aroon Indicator Signals Uptrend: A Promising Opportunity for Traders

Broadwind (BWEN) has recently displayed an intriguing bullish signal, with its Aroon Indicator entering an uptrend on April 21, 2023. This signal could present a lucrative opportunity for traders looking to capitalize on the stock's potential upward movement. In this article, we'll explore the significance of the Aroon Indicator, examine the historical success of similar instances, and discuss the implications for traders considering long positions or call options.

Aroon Indicator: A Primer The Aroon Indicator, developed by Tushar Chande in 1995, is a technical tool designed to identify trend changes and potential trend strength in stocks. The indicator consists of two lines – the AroonUp (green line) and the AroonDown (red line) – which fluctuate between 0 and 100. When the AroonUp line crosses above 70 and the AroonDown line remains below 30, it suggests a strong uptrend may be emerging, providing a bullish signal for traders.

BWEN's Aroon Indicator: A Bullish Signal On April 24, 2023, Tickeron's A.I.dvisor identified a bullish signal for BWEN. The AroonUp line rose above 70, while the AroonDown line remained below 30. This pattern indicates that the stock could be poised for a strong uptrend, providing a potentially profitable opportunity for traders.

Historical Success Rate To gauge the likelihood of success for this bullish signal, A.I.dvisor analyzed 104 previous instances where the Aroon Indicator displayed a similar pattern. In 89 of these cases, the stock experienced upward movement in the following days, resulting in an 86% success rate. This high percentage suggests a strong probability of a positive outcome for traders who take advantage of this signal.

Implications for Traders Considering the Aroon Indicator's bullish signal and its historical success rate, traders may want to consider going long on BWEN or exploring call options in the coming month. However, it's essential to keep in mind that past performance is not a guarantee of future results, and other factors can impact stock performance.

Broadwind (BWEN, $5.2) has displayed a promising Aroon Indicator uptrend signal on April 21, 2023, which could offer traders an attractive opportunity to capitalize on the stock's potential upward movement. With an 86% historical success rate for similar instances, this signal is worth considering for those looking to go long on BWEN or explore call options. As always, it is crucial to conduct thorough research and weigh the risks before making any investment decisions.

Related Ticker: BWEN

BWEN in upward trend: price may jump up because it broke its lower Bollinger Band on May 19, 2023

BWEN may jump back above the lower band and head toward the middle band. Traders may consider buying the stock or exploring call options. In of 34 cases where BWEN's price broke its lower Bollinger Band, its price rose further in the following month. The odds of a continued upward trend are .

Price Prediction Chart

Technical Analysis (Indicators)

Bullish Trend Analysis

The RSI Oscillator points to a transition from a downward trend to an upward trend -- in cases where BWEN's RSI Indicator exited the oversold zone, of 32 resulted in an increase in price. Tickeron's analysis proposes that the odds of a continued upward trend are .

The Stochastic Oscillator suggests the stock price trend may be in a reversal from a downward trend to an upward trend. of 70 cases where BWEN'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 .

Following a 3-day Advance, the price is estimated to grow further. Considering data from situations where BWEN advanced for three days, in of 217 cases, the price rose further within the following month. The odds of a continued upward trend are .

Bearish Trend Analysis

The Momentum Indicator moved below the 0 level on May 02, 2023. You may want to consider selling the stock, shorting the stock, or exploring put options on BWEN as a result. In of 88 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 BWEN turned negative on May 04, 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 41 similar instances when the indicator turned negative. In of the 41 cases the stock turned lower in the days that followed. This puts the odds of success at .

BWEN moved below its 50-day moving average on May 25, 2023 date and that indicates a change from an upward trend to a downward trend.

The 10-day moving average for BWEN crossed bearishly below the 50-day moving average on May 31, 2023. This indicates that the trend has shifted lower and could be considered a sell signal. In of 14 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 BWEN 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 BWEN entered a downward trend on May 26, 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)

Fear & Greed

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 Price Growth Rating for this company is (best 1 - 100 worst), indicating steady price growth. BWEN’s price grows at a higher rate over the last 12 months as compared to S&P 500 index constituents.

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 Valuation Rating of (best 1 - 100 worst) indicates that the company is slightly overvalued 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 (1.779) is normal, around the industry mean (7.753). P/E Ratio (24.876) is within average values for comparable stocks, (44.762). BWEN's Projected Growth (PEG Ratio) (0.000) is slightly lower than the industry average of (2.132). BWEN has a moderately low Dividend Yield (0.000) as compared to the industry average of (0.021). P/S Ratio (0.454) is also within normal values, averaging (11.755).

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. BWEN’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 77, placing this stock worse than average.

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.

Notable companies

The most notable companies in this group are General Electric Company (NYSE:GE), Illinois Tool Works (NYSE:ITW), Ingersoll Rand (NYSE:IR), Generac Holdings (NYSE:GNRC).

Industry description

The industry makes and maintains machines for consumers, the industry, and most other companies. While it has traditionally been categorized as heavy industry, some smaller companies are also branching into the light category. The industry is pivotal in providing the equipment for production in businesses like agriculture, mining, industry and construction, gas, electricity and water utilities. It also supplies supporting equipment for almost all sectors of the economy, such as equipment for heating, and air conditioning of buildings. Illinois Tool Works Inc., Parker-Hannifin Corporation and Rockwell Automation Inc are some of the major U.S. companies operating in this industry.

Market Cap

The average market capitalization across the Industrial Machinery Industry is 7.59B. The market cap for tickers in the group ranges from 1.55K to 134.39B. SMAWF holds the highest valuation in this group at 134.39B. The lowest valued company is XEBEF at 1.55K.

High and low price notable news

The average weekly price growth across all stocks in the Industrial Machinery Industry was 2%. For the same Industry, the average monthly price growth was 5%, and the average quarterly price growth was 11%. QWTR experienced the highest price growth at 60%, while YEWTF experienced the biggest fall at -85%.

Volume

The average weekly volume growth across all stocks in the Industrial Machinery Industry was 5%. For the same stocks of the Industry, the average monthly volume growth was 44% and the average quarterly volume growth was 56%

Fundamental Analysis Ratings

The average fundamental analysis ratings, where 1 is best and 100 is worst, are as follows

Valuation Rating: 55
P/E Growth Rating: 61
Price Growth Rating: 49
SMR Rating: 65
Profit Risk Rating: 76
Seasonality Score: 0 (-100 ... +100)
View a ticker or compare two or three
Technical Analysis# Of IndicatorsAvg. Odds
   
   
Show details...
A.I.Advisor
published price charts
A.I. Advisor
published General Information

General Information

a manufacturer of large wind tower support structures

Industry IndustrialMachinery

Profile
Fundamentals
Details
Industry
Industrial Machinery
Address
3240 S. Central Avenue
Phone
+1 708 780-4800
Employees
499
Web
https://www.bwen.com
Interesting Tickers
1D
1W
1M
1Q
6M
1Y
5Y
1 Day
STOCK / NAMEPrice $Chg $Chg %
CANN0.09N/A
+2.76%
TREES Corporation
TIIAY2.630.02
+0.77%
Telecom Italia Spa American Depositary Receipts Repstg Ord Shs - Sponsored
TOELF139.120.53
+0.38%
Tokyo Electron Ltd
TEZNY25.550.08
+0.31%
Terna Rete Elettrica Nazionale SPA Unsponsored
ORRCF0.56-0.01
-2.00%
Oroco Resource Corp

BWEN and

Correlation & Price change

A.I.dvisor indicates that over the last year, BWEN has been loosely correlated with BLDP. These tickers have moved in lockstep 43% of the time. This A.I.-generated data suggests there is some statistical probability that if BWEN jumps, then BLDP could also see price increases.

1D
1W
1M
1Q
6M
1Y
5Y
Ticker /
NAME
Correlation
To BWEN
1D Price
Change %
BWEN100%
+1.38%
BLDP - BWEN
43%
Loosely correlated
+2.59%
TPIC - BWEN
40%
Loosely correlated
+2.53%
AMSC - BWEN
36%
Loosely correlated
+2.62%
RRX - BWEN
31%
Poorly correlated
+4.08%
TKR - BWEN
31%
Poorly correlated
+3.47%
More
Sergey Savastiouk's Avatar
published in Blogs
Mar 14, 2023
How to Start Trading Penny Stocks

How to Start Trading Penny Stocks

Penny stocks have long been marginalized within the professional investment community, oftentimes being painted with a broad brush of simply being “too risky.” Leonardo DiCaprio’s depiction of the penny stock peddling conman, Jordan Belfort, in the Wolf of Wall Street certainly didn’t help.Here are four reasons to start trading them now. Reason #1: Let’s State the Obvious -- Penny Stocks are Cheap A single share of Apple Inc. costs over $350.
Dmitry Perepelkin's Avatar
published in Blogs
Mar 14, 2023
5 Habits that Lead to Successful Investing

5 Habits that Lead to Successful Investing

To consistently make money in this industry, you need emotional fortitude, an analytical mind, and a willingness to self-reflect. Despite trading and investing being two different activities, these principles can be applied to both.Conversely, investors with good habits often become great traders.  Rather than full sentences for titles, we’ve labeled each of our top-five investing habits using a single word principle.
Allana's Avatar
published in Blogs
Mar 23, 2023
What’s the Difference Between Data Analytics and Machine Learning?

What’s the Difference Between Data Analytics and Machine Learning?

Artificial intelligence (AI) technology is developing rapidly.Data mining can deliver raw numbers, but it does not necessarily provide actionable insights. Structure is necessary to taking abstract information and extracting commonalities, like averages, ratios, and percentages.
Sergey Savastiouk's Avatar
published in Blogs
Mar 13, 2023
4 Tips for Fast, Effective Stock Analysis

4 Tips for Fast, Effective Stock Analysis

With just a few clicks, an investor can search for individual stocks, categories of stocks, sectors, or investment themes, and then he or she can conduct a full range of technical and fundamental analysis within seconds.All powered by Artificial Intelligence.  Below, we give you 5 tips for fast, effective stock analysis using Tickeron’s Screener.
Sergey Savastiouk's Avatar
published in Blogs
Mar 20, 2023
5 Golden Principles in Investing

5 Golden Principles in Investing

You have enough faith in that stock, based on research, that the return will equal or exceed the investment.  Do unto others.The principles outlined here will ensure that happens.  Principle #1: Diversification Investors can’t be one-dimensional when constructing a portfolio.
John Jacques's Avatar
published in Blogs
Mar 24, 2023
If Hedge Funds are Using AI to Invest, Why Shouldn’t You?

If Hedge Funds are Using AI to Invest, Why Shouldn’t You?

Some of the world’s biggest financial institutions have devoted multi-million dollar budgets to developing algorithms that can find patterns in the market, identify trends, and perform automated trading designed to take advantage of even the smallest price movements. The AI revolution is so big that as it stands today, the world’s five biggest hedge funds all use systems-based approaches to trade financial markets.Indeed, quantitative trading hedge funds now manage $918 billion (according to HFR), which amounts to 30% of the $3 trillion hedge fund industry – a percentage continues to grow with each year that passes.
Sergey Savastiouk's Avatar
published in Blogs
Mar 15, 2023
The five most important Lessons Learned After 10,000 hours of Trading

The five most important Lessons Learned After 10,000 hours of Trading

Ten thousand hours of active trading, broken down into forty-hour weeks, amounts to almost five years. Having surpassed that milestone myself, I now understand why it's significant for any trader's journey. The early years taught me valuable lessons that have shaped my approach to trading. It's a misconception that great traders are born with innate talent. The truth is that it takes years of...
Edward Flores's Avatar
published in Blogs
Mar 12, 2023
What's the Difference Between Tokens and Altcoins?

What's the Difference Between Tokens and Altcoins?

Between their inherently technical nature, multiple varieties and sub-varieties, and endless terminology, cryptocurrency (defined here as digital or virtual currencies that are encrypted using cryptography, powered by the immutable digital ledger known as the blockchain) represents a whole, complex world.All altcoins possess their own blockchain, independent from their source code, that records all transactions of their native coins. Many altcoins are variants, or forks, of Bitcoin that leverage that cryptocurrency’s open-source protocol as the basis.
Edward Flores's Avatar
published in Blogs
Mar 26, 2023
Why it Pays to Invest in Dividend Stocks Over the Long Term

Why it Pays to Invest in Dividend Stocks Over the Long Term

Where smaller, more volatile companies can placate shareholders with higher returns, larger companies often use dividend payouts to entice new investors and hold their existing ones. These low-risk options may not work for every investment approach, but dividend-producing stocks can offer great benefits under the right circumstances – especially for portfolios built for the long-term.Beyond the ability to rely on these semi-regular payouts as an income stream – a strategy favored by retirees – dividends are an excellent vehicle for compounding earnings through reinvestment.
Edward Flores's Avatar
published in Blogs
Apr 02, 2023
How Artificial Intelligence Can Improve Fintech

How Artificial Intelligence Can Improve Fintech

Artificial intelligence (AI) and fintech have an inherent compatibility that has become clearer as each sector has matured, with recent growth and successes on their own accord bringing new ideas about how they can work together.AI can analyze information at far greater quantities (and far more quickly) than any human, making it a natural fit to help fintech firms streamline and automate processes that benefit customers and businesses alike. Fintech has brought a revolution of convenience to the finance world.