$CMCSA, $CHTR, $ORAN, $TEF, $USM, and others have grown by 30-50% in the past year.
Wireless Telecommunications stocks have gained between 20% to 50% over the past year. You can receive stock signals by subscribing to our robots AI ROBOTS.
Notable Companies: The most prominent companies in this group include Comcast Corp (NASDAQ: CMCSA), Verizon Communications (NYSE: VZ), AT&T (NYSE: T), and Lumen Technologies (NYSE: LUMN).
Industry Description: The Wireless Telecom sector comprises companies offering wireless antenna or satellite-based communication services. It's the fastest-growing segment in communications, with an increasing focus on mobile and cloud-based platforms. Wireless telecom plays a pivotal role in global connectivity, especially in emerging markets and rural areas of developed nations. The demand for faster data connectivity, high-resolution streaming, and multimedia applications is expected to drive growth and competition. Key players in wireless telecom include T-Mobile US, Inc., Vodafone Group, and Sprint Corporation.
Market Cap: The average market capitalization for companies in the Wireless Telecommunications Industry is $14.3 billion, with market caps ranging from $9.7 thousand (IGLDF) to $12.9 trillion (LNETF). LNETF is the highest-valued company in the group, while IGLDF has the lowest valuation.
High and Low Price Notable News:
- The average weekly price change for stocks in the Wireless Telecommunications Industry was -0.61%.
- The average monthly price change was -3.01%.
- The average quarterly price change was -6.28%.
- ARTM experienced the highest weekly price growth at 47.06%, while TLLYF had the largest fall at -53.85%.
Volume:
- The average weekly volume growth for the industry was 16.32%.
- The average monthly volume growth was 10.38%.
- The average quarterly volume growth was -22.84%.
Fundamental Analysis Ratings:
- Valuation Rating: 50
- P/E Growth Rating: 59
- Price Growth Rating: 52
- SMR Rating: 67
- Profit Risk Rating: 79
- Seasonality Score: 20
Stock Highlights:
- CMCSA: Upward trend, with a 63% chance of continued ascent.
- CHTR: In a -1.35% downward trend.
- ORAN: Uptrend, with a 57% chance of continued rise.
- TEF: Downward trend, with a 67% chance of further decline.
- USM: Expected to drop after breaking its upper Bollinger Band.
- VIV: Momentum Indicator suggests a new upward trend.
- TIMB: Uptrend, with an 81% chance of continued rise.
- TIGO: Stochastic Oscillator moved out of the overbought zone.
- CCOI: In an upward trend, with an 80% chance of continued rise.
CMSA's Indicator enters downward trend
The Aroon Indicator for CMSA entered a downward trend on December 05, 2024. Tickeron's A.I.dvisor identified a pattern where the AroonDown red line was above 70 while the AroonUp green line was below 30 for three straight days. This could indicate a strong downward move is ahead for the stock. Traders may want to consider selling the stock or buying put options. A.I.dvisor looked at 248 similar instances where the Aroon Indicator formed such a pattern. In of the 248 cases the stock moved lower. This puts the odds of a downward move at .
Technical Analysis (Indicators)
Bearish Trend Analysis
The Momentum Indicator moved below the 0 level on December 02, 2024. You may want to consider selling the stock, shorting the stock, or exploring put options on CMSA 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 CMSA turned negative on December 03, 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 46 similar instances when the indicator turned negative. In of the 46 cases the stock turned lower in the days that followed. This puts the odds of success at .
Following a 3-day decline, the stock is projected to fall further. Considering past instances where CMSA declined for three days, the price rose further in of 62 cases within the following month. The odds of a continued downward trend are .
Bullish Trend Analysis
The RSI Indicator shows that the ticker has stayed in the oversold zone for 6 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 12 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 CMSA advanced for three days, in of 285 cases, the price rose further within the following month. The odds of a continued upward trend are .
CMSA may jump back above the lower band and head toward the middle band. Traders may consider buying the stock or exploring call options.
