Data Storage ($DTST) Sees Impressive 13.79% Gain in Recent Trading Days
Discover the future of trading with Tickeron's AI robots. Whether you're a beginner or an experienced trader, our top 10 AI robots have you covered. Let AI analyze trends and guide your decisions, unlocking new possibilities for success in the world of AI trading.
Data Storage (DTST) Trading Analysis
Recent Developments:
-
Bullish MACD Signal: Data Storage (DTST, $2.97) saw its Moving Average Convergence Divergence (MACD) Histogram turn positive on August 25, 2023. This bullish indicator suggests that the price of DTST might rise in the near future. Historical data supports this optimism - out of 59 similar cases of DTST's MACD histogram becoming positive, 45 led to favorable outcomes, indicating a 76% success rate.
-
Earnings Report: On August 14, the company reported earnings per share of 2 cents, surpassing the anticipated 1 cent. With a total of 141.56K shares outstanding, DTST's market capitalization stands at $18.86M.
Industry Overview:
The Information Technology (IT) Services Industry focuses on creating hardware and software that facilitates data storage, retrieval, transmission, and manipulation on computer systems. Dominated by giants like IBM, Accenture, and VMware, the IT industry has expanded rapidly, thanks to the increasing significance of data. Presently, the industry boasts a total market capitalization in the trillions.
Key Industry Metrics:
-
Market Capitalization:
-
The average market capitalization across the Information Technology Services Industry is $7.53B. While Accenture PLC (NYSE:ACN) claims the top spot with a valuation of $201.07B, ARSC sits at the lower end with no valuation.
-
Price Movements:
-
Over the past week, the industry saw an average price decline of 0%. The monthly and quarterly price changes stood at -4% and -3%, respectively. UTRX showcased the most significant price surge at 26%, whereas AGIL witnessed the steepest drop, plummeting by 57%.
-
Volume Analysis:
-
Weekly volume growth for stocks in the IT Services Industry decreased by 23%. On a monthly and quarterly basis, the volume shrank by 38% and 15%, respectively.
-
Fundamental Analysis Ratings:
- Valuation Rating: 43
- P/E Growth Rating: 64
- Price Growth Rating: 53
- SMR Rating: 69
- Profit Risk Rating: 82
- Seasonality Score: -7
DTST's Recent Performance:
Over the last five trading days, DTST experienced a commendable growth of +13.79%, with an average daily trading volume of 5,397 shares. The stock, however, saw a minor drawdown of -7.98% during the same period. With the current price standing at $2.97 as of August 24, predictions indicate a potential growth, targeting a price point of $3.17. This projection offers a return on investment of 6.90% or $0.20 per share, backed by a 3.62% success probability. The bullish pattern was further cemented when the stock price touched $2.32.
While the overall Information Technology Services Industry has faced some downturns in recent times, DTST's optimistic indicators suggest potential growth for traders and investors. As always, it's essential to exercise caution and perform one's due diligence before making any investment decisions.
DTST's RSI Oscillator ascends from oversold territory
The RSI Indicator for DTST moved out of oversold territory on February 24, 2025. This could be a sign that the stock is shifting from a downward trend to an upward trend. Traders may want to buy the stock or call options. The A.I.dvisor looked at 21 similar instances when the indicator left oversold territory. In of the 21 cases the stock moved higher. This puts the odds of a move higher at .
Technical Analysis (Indicators)
Bullish Trend Analysis
The Stochastic Oscillator demonstrated that the ticker has stayed in the oversold zone for 2 days, which means it's wise to expect a price bounce in the near future.
DTST may jump back above the lower band and head toward the middle band. Traders may consider buying the stock or exploring call options.
Bearish Trend Analysis
The Momentum Indicator moved below the 0 level on February 05, 2025. You may want to consider selling the stock, shorting the stock, or exploring put options on DTST as a result. In of 109 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 10-day moving average for DTST crossed bearishly below the 50-day moving average on February 07, 2025. This indicates that the trend has shifted lower and could be considered a sell signal. In of 17 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 DTST 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 DTST entered a downward trend on March 12, 2025. 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 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 Price Growth Rating for this company is (best 1 - 100 worst), indicating slightly worse than average price growth. DTST’s price grows at a lower rate over the last 12 months as compared to S&P 500 index constituents.
The Tickeron Valuation Rating of (best 1 - 100 worst) indicates that the company is significantly overvalued 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 (1.166) is normal, around the industry mean (25.641). P/E Ratio (173.500) is within average values for comparable stocks, (55.278). DTST's Projected Growth (PEG Ratio) (0.000) is very low in comparison to the industry average of (1.421). DTST has a moderately low Dividend Yield (0.000) as compared to the industry average of (0.025). P/S Ratio (1.002) is also within normal values, averaging (15.771).
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.
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. DTST’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 83, placing this stock worse than average.
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
Industry InformationTechnologyServices