Looking through thousands of charts each week, it is hard to find many stocks that have been able to maintain any kind of upward momentum in the last six months. One stock that I took not of last night was Church & Dwight (NYSE: CHD). The company is part of the consumer staples sector and it manufactures things like baking soda, laundry detergents, and toothpaste.
As the rest of the market was experiencing a pretty sharp downturn in the fourth quarter, Church & Dwight just kept on climbing. The stock dipped in early October jumped at the end of the month when the company posted better than expected earnings’ results.
For the most part Church & Dwight has been trending higher since the beginning of June and has really outperformed the rest of the market in the last three months. We see that the stock only dipped slightly in December and if we connect the low there with the low in October, we get a trend line that could help the stock continue to move higher.
Besides the chart for Church & Dwight, the fundamentals are really strong. The company boasts a return on equity of 23.7% and a profit margin of 19.4%. It has seen its earnings grow by 11% annually over the last three years, but they grew by 18% in the most recent quarter and are expected to grow by 18% for the year.
The Moving Average Convergence Divergence (MACD) for CHD turned positive on April 19, 2024. Looking at past instances where CHD's MACD turned positive, the stock continued to rise in of 51 cases over the following month. The odds of a continued upward trend are .
The Momentum Indicator moved above the 0 level on April 17, 2024. You may want to consider a long position or call options on CHD as a result. In of 90 past instances where the momentum indicator moved above 0, the stock continued to climb. The odds of a continued upward trend are .
CHD moved above its 50-day moving average on April 16, 2024 date and that indicates a change from a downward trend to an upward trend.
Following a 3-day Advance, the price is estimated to grow further. Considering data from situations where CHD advanced for three days, in of 346 cases, the price rose further within the following month. The odds of a continued upward trend are .
The RSI Indicator has been in the overbought zone for 1 day. Expect a price pull-back in the near future.
The Stochastic Oscillator demonstrated that the ticker has stayed in the overbought zone for 4 days. The longer the ticker stays in the overbought zone, the sooner a price pull-back is expected.
Following a 3-day decline, the stock is projected to fall further. Considering past instances where CHD declined for three days, the price rose further in of 62 cases within the following month. The odds of a continued downward trend are .
CHD broke above its upper Bollinger Band on April 22, 2024. This could be a sign that the stock is set to drop as the stock moves back below the upper band and toward the middle band. You may want to consider selling the stock or exploring put options.
The Aroon Indicator for CHD entered a downward trend on April 18, 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 Profit vs. Risk Rating rating for this company is (best 1 - 100 worst), indicating low risk on high returns. The average Profit vs. Risk Rating rating for the industry is 82, placing this stock better than average.
The Tickeron Price Growth Rating for this company is (best 1 - 100 worst), indicating outstanding price growth. CHD’s price grows at a higher 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 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 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 (6.645) is normal, around the industry mean (59.633). P/E Ratio (34.433) is within average values for comparable stocks, (196.255). Projected Growth (PEG Ratio) (3.925) is also within normal values, averaging (3.746). Dividend Yield (0.010) settles around the average of (0.106) among similar stocks. P/S Ratio (4.431) is also within normal values, averaging (118.390).
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 average fundamental analysis ratings, where 1 is best and 100 is worst, are as follows
a manufacturer of sodium bicarbonate and sodium bicarbonate based products
Industry HouseholdPersonalCare