📈 Companhia Paranaense de Energia ($ELP) Soars: +10.13% Weekly Rise! ⚡
📈 Companhia Paranaense de Energia ($ELP) Soars: +10.13% Weekly Rise! ⚡ Is This the Power Surge Investors Needed?
💡 Quick Overview:
-
Stock: Companhia Paranaense de Energia ($ELP, $9.24)
-
Weekly Performance: +10.13%
-
Earnings: Met expectations with an EPS of 11 cents on August 14.
-
Dividend: $0.50/share. 🔔 Remember! Ex-dividend date was October 01, 2021.
Discover the Top 10 AI Robots! 📊
if you're interested in AI trading and want to explore the top 10 AI robots, you can find them at the following links:
- Top 10 AI Robots - SORT BY Sharper
- Top 10 AI Robots - SORT BY 30-day Annualized Return
- Top 10 AI Robots - SORT BY All Time Annualized Return
These AI robots are designed to provide insights and strategies to enhance your trading experience. Feel free to explore them and discover how AI can empower your trading decisions. 🤖📈
🔍 Deep Dive:
ELP's notable ascent this week positions it as a standout in the Electric Utilities Industry. Analytical data from A.I.dvisor reveals that an overwhelming 87.72% of stocks in this sector trended upwards. A clear indication of a bullish momentum within the industry.
Industry Snapshot 🌐: Electric utilities are fundamental to our day-to-day operations, from powering our homes to our businesses. With giants like Nextera Energy Inc (NYSE:NEE) and Dominion Energy (NYSE:D) leading the way, this industry holds significant investment opportunities, especially considering the average market capitalization sits at a hefty 16.94B. Despite inherent challenges, such as fluctuating commodity prices and natural disasters, many companies remain resilient, often offering shareholders consistent dividends.
Numbers Game 📊:
-
Volume Insight: An impressive weekly volume growth of 214% was observed industry-wide.
-
Price Movements: The industry experienced an average weekly growth of 1%. EUSP led with a 48% growth, whereas EWCLF faced the steepest decline at -33%.
-
Fundamental Analysis:
- Valuation Rating: 40
- P/E Growth Rating: 72
- Price Growth Rating: 59
🔮 Outlook & Predictions:
While ELP witnessed a commendable gain of +11.59% over the past five trading days, it's essential for investors to remain vigilant, especially given its drawdown of -2.21% during the same period.
In the ever-evolving world of electric utilities, companies like ELP remain at the forefront, continuously adapting and innovating to meet energy demands. However, like all investments, it's crucial to conduct due diligence and stay updated with industry news.
ELP sees its Stochastic Oscillator recovers from oversold territory
On December 27, 2024, the Stochastic Oscillator for ELP moved out of oversold territory and this could be a bullish sign for the stock. Traders may want to buy the stock or buy call options. Tickeron's A.I.dvisor looked at 65 instances where the indicator left the oversold zone. In of the 65 cases the stock moved higher in the following days. This puts the odds of a move higher at over .
Technical Analysis (Indicators)
Bullish Trend Analysis
The Momentum Indicator moved above the 0 level on January 08, 2025. You may want to consider a long position or call options on ELP as a result. In of 100 past instances where the momentum indicator moved above 0, the stock continued to climb. The odds of a continued upward trend are .
The Moving Average Convergence Divergence (MACD) for ELP just turned positive on December 30, 2024. Looking at past instances where ELP's MACD turned positive, the stock continued to rise in of 45 cases over the following month. 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 ELP advanced for three days, in of 305 cases, the price rose further within the following month. The odds of a continued upward trend are .
Bearish Trend Analysis
Following a 3-day decline, the stock is projected to fall further. Considering past instances where ELP 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 ELP entered a downward trend on December 30, 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 well-balanced risk and returns. The average Profit vs. Risk Rating rating for the industry is 68, placing this stock slightly better than average.
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 (1.212) is normal, around the industry mean (1.714). P/E Ratio (12.949) is within average values for comparable stocks, (23.466). Projected Growth (PEG Ratio) (2.500) is also within normal values, averaging (2.620). Dividend Yield (0.035) settles around the average of (0.074) among similar stocks. P/S Ratio (1.248) is also within normal values, averaging (3.109).
The Tickeron Price Growth Rating for this company is (best 1 - 100 worst), indicating fairly steady price growth. ELP’s price grows at a lower 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 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.
Notable companies
Industry description
Market Cap
High and low price notable news
Volume
Fundamental Analysis Ratings
The average fundamental analysis ratings, where 1 is best and 100 is worst, are as follows
General Information
a company which generates, transmits and distributes electric energy
Industry ElectricUtilities