Candy Sector Enjoys a Sweet Surge: Average Gain of 6.47% Over the Week📈
The candy industry encapsulates a diverse array of companies, from chocolate manufacturers and confectioners to snack makers. This domain includes firms that produce chocolates right from the beans, others that procure chocolate to create candies, and some that focus exclusively on non-chocolate confections. Iconic brands like Hershey, Sanfilippo (John B.) & Son, and Tootsie Roll Industries fit right into this category.
🌐 Tickers in Industry - $SJM, $GIS,$HSY, $MDLZ, $TR, $STKL, $JBSS, $TWNK
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💼Stellar Performers Within this sector, Mondelez International (NASDAQ:MDLZ) and General Mills (NYSE:GIS) stand out as the more prominent names. The recent market capitalization average across these companies is an impressive $22.8B, with a spectrum that ranges from $452.4M for STKL up to a whopping $86.4B for MDLZ.
Price Movement Insights Over the last week, stocks within this group recorded an average price growth of 5.52%. However, on a broader timeline, the monthly and quarterly averages were -2.63% and -15.81% respectively. SunOpta (STKL) stole the limelight with an exceptional price growth of 41.14%, while Hershey (HSY) experienced a minimal decline at -0.3%.
Volume Dynamics The trading volume trend points to heightened activity. The group's average weekly volume growth was 12.58%, monthly volume grew by 25.67%, and there was an astonishing 72.45% surge quarterly. Notably, SunOpta's stock volume saw a one-day explosion, surpassing its 65-Day Volume Moving Average by a massive 298%. Likewise, Hostess Brands and JM Smucker Company witnessed notable spikes in their trading volume, marking daily growths of 242% and 171% of their 65-Day Volume Moving Averages, respectively.
Food: Specialty/Candy Industry Breakdown This specific industry segment covers firms that specialize in diverse products such as chocolate, candies, pasta, condiments, and seasonings. Major players include the Hershey Company, McCormick & Company, and J.M. Smucker Company. The products from this segment find eager consumers in both institutions/restaurants and households.
The average market capitalization in this broader industry stands at $7.6B. The range is quite expansive, from as low as $6.2K for OGGFF to a towering $327.8B for NSRGY. In terms of price growth, the average weekly growth across the entire industry was recorded at 0.1%. On a monthly and quarterly basis, the industry faced downturns of -5.71% and -7.31% respectively. FITSF emerged as the shining star with a price surge of 98.52%, while NUZE bore the brunt with a decline of -44.57%.
Volume Analysis for the Specialty/Candy Industry Here too, volume trends were notable. The weekly average volume growth showed a decline of -5.96%, but on a brighter note, monthly and quarterly volume growth were up by 19.11% and 77.14% respectively.
Fundamental Analysis Companies within these groups have diverse ratings when analyzed from a fundamental perspective, providing investors with varied options based on their investment preferences.
SJM : On October 18, 2023, the RSI Oscillator for SJM transitioned from the oversold zone. This movement often suggests a possible change in trend from bearish to bullish. Investors and traders might consider this an opportune moment to enter the stock or explore call options. Historical analysis by the A.I.dvisor reveals that out of 22 comparable RSI shifts, 13 instances resulted in an upward stock movement. This indicates a 59% likelihood of SJM's stock following an ascending trajectory.
GIS : On October 16, 2023, GIS marked its third consecutive day of positive gains, registering a 2.79% uptrend. Such a consistent upward trajectory is typically seen as an encouraging sign for potential stock appreciation. Historical patterns show that when GIS experienced three days of gains, it continued to rise in 182 out of 345 instances over the subsequent month. This suggests a 53% probability of sustained bullish performance. Investors should monitor GIS closely in the coming weeks.
HSY : As of October 17, 2023, HSY's Stochastic Oscillator has shifted upwards from its oversold position, hinting at potential bullish momentum for the stock. Investors might consider this an opportune time to acquire the stock or explore call options. Based on historical data, Tickeron's A.I.dvisor analyzed 57 similar shifts, finding that in 36 occurrences, HSY experienced an uptick in subsequent days. This indicates a 63% likelihood of the stock continuing its upward trajectory. Investors should keep a close watch on HSY's performance.
SJM in upward trend: price may jump up because it broke its lower Bollinger Band on December 18, 2024
SJM 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 39 cases where SJM's price broke its lower Bollinger Band, its price rose further in the following month. The odds of a continued upward trend are .
Technical Analysis (Indicators)
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 SJM advanced for three days, in of 335 cases, the price rose further within the following month. The odds of a continued upward trend are .
Bearish Trend Analysis
The 10-day RSI Indicator for SJM moved out of overbought territory on November 27, 2024. 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 37 similar instances where the indicator moved out of overbought territory. In of the 37 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 December 11, 2024. You may want to consider selling the stock, shorting the stock, or exploring put options on SJM as a result. In of 99 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 SJM turned negative on December 11, 2024. 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 53 similar instances when the indicator turned negative. In of the 53 cases the stock turned lower in the days that followed. This puts the odds of success at .
SJM moved below its 50-day moving average on December 10, 2024 date and that indicates a change from an upward trend to a downward trend.
The 10-day moving average for SJM crossed bearishly below the 50-day moving average on December 17, 2024. This indicates that the trend has shifted lower and could be considered a sell signal. In of 20 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 SJM 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 SJM entered a downward trend on November 25, 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 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 (1.752) is normal, around the industry mean (6.504). P/E Ratio (22.422) is within average values for comparable stocks, (26.887). Projected Growth (PEG Ratio) (1.551) is also within normal values, averaging (2.471). Dividend Yield (0.034) settles around the average of (0.043) among similar stocks. P/S Ratio (1.581) is also within normal values, averaging (66.929).
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 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 steady price growth. SJM’s price grows at a higher rate over the last 12 months as compared to S&P 500 index constituents.
The Tickeron Profit vs. Risk Rating rating for this company is (best 1 - 100 worst), indicating well-balanced risk and returns. The average Profit vs. Risk Rating rating for the industry is 80, placing this stock slightly better 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.
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Fundamental Analysis Ratings
The average fundamental analysis ratings, where 1 is best and 100 is worst, are as follows
General Information
a producer of fruit spreads, peanut butter and other food products
Industry FoodSpecialtyCandy