Dry-Bulk Surge: $DSX, $SBLK, $SHIP, $GOGL, $NETI Lead with +4.26% 1M Gain!
Dry-Bulk's Resilient Performance: A Deep Dive for Traders
🚢⚖️ Navigate Dry-Bulk Trading with AI Precision to Minimize Losses! 📉📈
If you're venturing into the world of Dry-Bulk trading, our AI-powered trading tools are your allies in minimizing losses and optimizing your trading strategy.
📊 "Trend Trader, Long Only: Valuation & Hurst Model (TA&FA)" provides you with insights based on valuation and market dynamics, potentially helping you make informed decisions to safeguard your investments.
📈 "Swing Trader, Long Only: Valuation & Seasonality Model (TA&FA)" is tailored for traders seeking opportunities in seasonal trends, allowing you to adapt your strategy to market cycles and potentially enhance your returns.
With AI precision guiding your Dry-Bulk trading, you can navigate the seas of volatility with confidence, reduce risks, and strive for success. Your journey to trading excellence starts here! ⚖️🚢📊
Discover the future of trading with AI expertise! 💰🤖
🔍 Description:
The marine shipping industry has observed intriguing movements recently, with a remarkable +4.26% gain in just a month! We'll delve into the details, dissecting market movements and sectoral shifts, and shine a spotlight on significant tickers that every trader should have on their radar.
Tickers in this Group:
🚢 Industry Description:
The marine shipping industry, an intrinsic part of the global logistics chain, provides pivotal passenger transportation and cargo shipping services through waterways. This includes but isn't limited to freight towage, ferry services, and warehousing on deep-sea and inland waterways. Although aviation has edged out sea travel for many, it remains relevant for short trips and pleasure cruises.
📊 Market Cap:
The group's market cap paints a varied picture, with the average standing at 687.1M. The range fluctuates between a robust 1.9B for $SBLK to a modest 105.9M for $SHIP.
💹 High and Low Price Notable News:
Over the last week, the average price growth has been 2.34%. When we zoom out, the monthly growth stands at 4.18%, with a quarterly decline of -3.06%. Of note, $SBLK soared with a 4.76% price growth, while $DSX dipped slightly by 0.58%.
📰 News Highlights:
- Golden Ocean Group ($GOGL) saw fluctuating fortunes, with a -7.53% dip one week but a subsequent +7.66% jump.
- Seanergy Maritime Holdings ($SHIP) made headlines as a top gainer for penny stocks, escalating by +15.29%.
🎚️ Volume:
Volume dynamics show a weekly growth average of 19.19%, a monthly growth of 25.43%, and a quarterly drop of -16.73%.
📢 Volume Alerts:
- Pangaea Logistics Solutions ($PANL) observed a staggering 203% one-day growth against its 65-Day Volume Moving Average.
- Seanergy Maritime Holdings ($SHIP) too witnessed a significant spike, with a growth of 308% of the 65-Day Volume Moving Average on a particular day.
📝 Fundamental Analysis Ratings:
- Valuation Rating: 24
- P/E Growth Rating: 22
- Price Growth Rating: 54
- SMR Rating: 64
- Profit Risk Rating: 67
- Seasonality Score: -32 (on a scale of -100 to +100)
Signals:
- $DSXs Stochastic Oscillator suggests bullish potential with odds favoring an upward move.
- $NMM's MACD turning positive indicates the potential for further gains.
- $PANL sees a possible shift from a downward to an upward trend as indicated by its RSI.
- $SB broke its lower Bollinger Band, hinting at an upward trajectory.
- $SHIP showcases long-term bullish signals with its 50-day Moving Average crossing above the 200-day average.
- $GOGL has its MACD turning positive, strengthening the chances for further ascent.
- $NETI breaking its lower Bollinger Band suggests a promising upward trend.
📜 Ticker Descriptions:
- $DSX: Current price $3.45 has seen a -6% downtrend over the past month but has shown a +0.58% uptrend in the last week.
- $NMM: Priced at $23.08, it experienced a -1% downtrend over the past month and a +2% uptrend in the last week.
- $PANL: Currently at $5.77, it witnessed a -2% downtrend in the past month but observed a +3% uptrend in the last week.
- $SB: Standing at $3.25, it has enjoyed a +2% uptrend over the past month and a +4% surge in the past week.
- $SHIP: Priced at $5.50, this ticker saw a +0.65% uptrend in the past month and a +2% rise in the last week.
- $GOGL: Currently priced at $7.72, it observed a +8% uptrend over the past month and a +2% uptrend in the last week.
- $NETI: With its price at $10.17, there was a -3% downtrend in the past month, but the past week showed a +0.86% uptrend.
DSX's RSI Oscillator ascends from oversold territory
The RSI Indicator for DSX moved out of oversold territory on October 24, 2024. 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 26 similar instances when the indicator left oversold territory. In of the 26 cases the stock moved higher. This puts the odds of a move higher at .
Technical Analysis (Indicators)
Bullish Trend Analysis
The Stochastic Oscillator suggests the stock price trend may be in a reversal from a downward trend to an upward trend. of 60 cases where DSX's Stochastic Oscillator exited the oversold zone resulted in an increase in price. Tickeron's analysis proposes that 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 DSX advanced for three days, in of 252 cases, the price rose further within the following month. The odds of a continued upward trend are .
DSX may jump back above the lower band and head toward the middle band. Traders may consider buying the stock or exploring call options.
The Aroon Indicator entered an Uptrend today. In of 214 cases where DSX Aroon's Indicator entered an Uptrend, the price rose further within the following month. The odds of a continued Uptrend are .
Bearish Trend Analysis
The Momentum Indicator moved below the 0 level on October 08, 2024. You may want to consider selling the stock, shorting the stock, or exploring put options on DSX as a result. In of 96 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 DSX turned negative on October 09, 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 49 similar instances when the indicator turned negative. In of the 49 cases the stock turned lower in the days that followed. This puts the odds of success at .
DSX moved below its 50-day moving average on October 09, 2024 date and that indicates a change from an upward trend to a downward trend.
The 10-day moving average for DSX crossed bearishly below the 50-day moving average on October 16, 2024. This indicates that the trend has shifted lower and could be considered a sell signal. In of 18 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 DSX 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 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 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 (0.644) is normal, around the industry mean (2.424). P/E Ratio (28.556) is within average values for comparable stocks, (24.917). DSX has a moderately high Dividend Yield (0.146) as compared to the industry average of (0.069). P/S Ratio (1.182) is also within normal values, averaging (2.175).
The Tickeron Price Growth Rating for this company is (best 1 - 100 worst), indicating slightly worse than average price growth. DSX’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 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. DSX’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 67, 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
a holding company, which provides shipping transportation services
Industry MarineShipping