The latest financial analysis reveals that the Swing Trader's Sector Rotation Strategy, which is a combination of Technical Analysis (TA) and Fundamental Analysis (FA), has achieved significant returns for CBRL. The strategy has notably generated a commendable 11.38% gain, indicating the robustness and the potential efficacy of this approach.
Positive Momentum Indicator Heralds New Upward Trend for CBRL
The momentum indicator, a key tool in assessing market sentiment and direction, turned positive for CBRL on June 26, 2023. This shift above the 0 levels is a promising indication that the stock might be on the precipice of an upward move. Given this signal, traders might want to consider potential investment opportunities such as buying the stock or call options.
High Probability of Gains Predicted by A.I.dvisor
In an effort to validate this upward trend, Tickeron's A.I.dvisor analyzed 86 similar instances in which the momentum indicator turned positive. The results were quite encouraging: the stock moved higher in 72% of the cases, with 62 of the 86 instances showing increased value. This indicates that the odds for CBRL to move higher in the upcoming days are significantly favorable.
The positive shift in CBRL's momentum indicator, coupled with the compelling historical evidence from Tickeron's A.I.dvisor, presents a strong case for potential investment. It underscores the promising returns that can be achieved through the Sector Rotation Strategy in swing trading. Nevertheless, investors should continue to monitor the market and financial news closely, staying abreast of any changes that could impact the future performance of CBRL's stock.
CBRL saw its Moving Average Convergence Divergence Histogram (MACD) turn negative on September 05, 2023. This is a bearish signal that suggests the stock could decline going forward. Tickeron's A.I.dvisor looked at 43 instances where the indicator turned negative. In of the 43 cases the stock moved lower in the days that followed. This puts the odds of a downward move at .
Following a 3-day decline, the stock is projected to fall further. Considering past instances where CBRL 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 CBRL entered a downward trend on September 25, 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.
The RSI Indicator shows that the ticker has stayed in the oversold zone for 14 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 Uptrend is expected.
The Stochastic Oscillator shows that the ticker has stayed in the oversold zone for 14 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 CBRL advanced for three days, in of 336 cases, the price rose further within the following month. The odds of a continued upward trend are .
CBRL may jump back above the lower band and head toward the middle band. Traders may consider buying the stock or exploring call options.
The Tickeron Valuation Rating of (best 1 - 100 worst) indicates that the company is seriously 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 (2.919) is normal, around the industry mean (9.335). P/E Ratio (14.327) is within average values for comparable stocks, (200.024). CBRL's Projected Growth (PEG Ratio) (0.000) is very low in comparison to the industry average of (1.489). CBRL has a moderately high Dividend Yield (0.082) as compared to the industry average of (0.032). P/S Ratio (0.412) is also within normal values, averaging (3.451).
The Tickeron SMR rating for this company is (best 1 - 100 worst), indicating strong sales and a profitable 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 Price Growth Rating for this company is (best 1 - 100 worst), indicating slightly worse than average price growth. CBRL’s price grows at a lower 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 that the returns do not compensate for the risks. CBRL’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 84, placing this stock worse than average.
The average fundamental analysis ratings, where 1 is best and 100 is worst, are as follows
an operator of Cracker Barrel restaurants through its subsidiary
A.I.dvisor indicates that over the last year, CBRL has been closely correlated with CAKE. These tickers have moved in lockstep 67% of the time. This A.I.-generated data suggests there is a high statistical probability that if CBRL jumps, then CAKE could also see price increases.