Fish Group Tickers ($HRL, $SEB, $LWAY, $BRFS, $PPC) Surge with +3.82% Weekly Performance Gain
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The Fish group tickers, consisting of $HRL, $SEB, $LWAY, $BRFS, and $PPC, have experienced a significant increase in performance, recording an impressive +3.82% gain over the past week. This surge in performance has captured the attention of investors, and in this article, we'll dive into the details of this theme, exploring the factors driving this positive momentum.
A Positive Outlook Supported by MA200MA50 Indicator
One of the key indicators supporting the positive outlook for these stocks is the MA200MA50 Indicator. This indicator suggests that these companies are currently on a bullish trajectory, further reinforcing the idea that this theme is worth watching. Tickeron, a respected source for market predictions, shares this optimism, forecasting a potential increase of over 4.00% within the next month with a likelihood of 66%. Such bullish predictions are likely to pique the interest of investors seeking growth opportunities.
A Diverse Theme: From Fish to Dairy
The "fish" category encompasses sellers of fish, but it's important to note that several firms in this segment also produce and sell poultry or frozen meat, while others specialize in dairy products. Within this diverse category, companies like Lifeway Foods, Inc., Sanderson Farms, Inc., and Hormel Foods Corp. are notable examples. This diversity within the theme provides investors with a range of options and potential investment avenues.
Market Capitalization Variability
The market capitalization of companies within the Fish theme varies considerably. On average, these companies have a market capitalization of approximately $6.7 billion. HRL stands out as the heavyweight in this group, boasting a market capitalization of $20.4 billion. In contrast, LWAY is the smallest player in terms of market capitalization, with a valuation of only $150.7 million. This broad range of market caps within the theme highlights the variety of investment opportunities available.
Price Performance and Notable News
The recent price performance of these fish-related stocks has been noteworthy. On a weekly basis, the average price growth across all stocks in this theme was a substantial 3.75%, showcasing short-term potential. Over the course of a month, these stocks posted an average price growth of 5.82%, while the quarterly average reached an impressive 27.7%. Among the tickers in focus, LWAY emerged as the top performer in terms of weekly price growth, surging by an impressive 7.95%. However, SEB experienced a minor dip of -2.6% during the same period.
Volume Fluctuations
Analyzing volume fluctuations provides insights into investor interest and activity in these stocks. On a weekly basis, the average volume growth across all stocks in the Fish theme was 9.34%, indicating increased trading activity and investor interest in the short term. However, it's worth noting that monthly and quarterly volume growth figures showed a contrasting trend, with averages of -48.11% and -50.03%, respectively. There were also notable instances of significant volume increases, such as BRF - Brasil Foods SA stock experiencing record-breaking daily growth of 139% of the 65-Day Volume Moving Average on 6/3/23.
Key Ticker Analysis
Let's take a closer look at three of the key tickers within this theme:
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HRL: The RSI Oscillator for HRL moved out of oversold territory on September 11, 2023, indicating a potential shift from a downward trend to an upward one. This could present an opportunity for traders to consider buying the stock or call options. Historical data suggests that in 16 of 27 similar instances, the stock moved higher after leaving oversold territory, with odds of 59%. Despite recent challenges, HRL has displayed a positive uptrend in the week of 09/07/23 - 09/14/23.
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SEB: SEB's 10-day Moving Average crossed bullishly above the 50-day moving average on August 25, 2023, signaling a shift to an upward trend. In 74% of the past 23 instances when this crossover occurred, the stock continued to move higher over the following month. This suggests a favorable outlook for SEB. Although SEB experienced a modest overall uptrend during the month of 08/14/23 - 09/14/23, it enjoyed a more significant +3% uptrend during the week of 09/07/23 - 09/14/23.
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PPC: PPC saw its 50-day Moving Average cross bullishly above its 200-day moving average on August 29, 2023. This is considered a long-term bullish signal, indicating a shift to an upward trend. While PPC faced a minor downtrend throughout the month of 08/14/23 - 09/14/23, it exhibited a strong +4% uptrend during the week of 09/07/23 - 09/14/23.
In summary, the Fish group tickers have recently demonstrated strong performance, with positive indicators like the MA200MA50 Indicator and RSI pointing towards a bullish outlook. Investors should closely monitor these stocks, particularly HRL, SEB, and PPC, as they appear to have potential for future growth.
BRFS in upward trend: price rose above 50-day moving average on September 25, 2023
BRFS moved above its 50-day moving average on September 25, 2023 date and that indicates a change from a downward trend to an upward trend. In of 45 similar past instances, the stock price increased further within the following month. The odds of a continued upward trend are .
Technical Analysis (Indicators)
Bullish Trend Analysis
The Momentum Indicator moved above the 0 level on September 15, 2023. You may want to consider a long position or call options on BRFS as a result. In of 86 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 BRFS just turned positive on September 18, 2023. Looking at past instances where BRFS'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 BRFS advanced for three days, in of 269 cases, the price rose further within the following month. The odds of a continued upward trend are .
BRFS 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 Stochastic Oscillator may be shifting from an upward trend to a downward trend. In of 56 cases where BRFS's Stochastic Oscillator exited the overbought zone, the price fell further within the following month. The odds of a continued downward trend are .
The 10-day moving average for BRFS crossed bearishly below the 50-day moving average on September 06, 2023. 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 BRFS 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 BRFS entered a downward trend on September 21, 2023. This could indicate a strong downward move is ahead for the stock. Traders may want to consider selling the stock or buying put options.
Fundamental Analysis (Ratings)
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 steady price growth. BRFS’s price grows at a higher 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 slightly 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 (1.805) is normal, around the industry mean (10.046). P/E Ratio (18.975) is within average values for comparable stocks, (36.819). BRFS's Projected Growth (PEG Ratio) (0.000) is slightly lower than the industry average of (2.488). Dividend Yield (0.000) settles around the average of (0.045) among similar stocks. P/S Ratio (0.196) is also within normal values, averaging (29.095).
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. BRFS’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 78, 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 food company that focuses on the production and sale of poultry, pork, beef cuts, milk, dairy products and processed food products under several brands
Industry FoodSpecialtyCandy
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|---|---|---|---|
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| RYJ | 55.82 | 0.47 | +0.85% |
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| QDF | 55.78 | 0.32 | +0.58% |
| FlexShares Quality Dividend ETF | |||
| TAXF | 47.99 | -0.07 | -0.15% |
| American Century Divers Muncpl Bd ETF | |||
| SEF | 12.86 | -0.08 | -0.61% |
| ProShares Short Financials | |||
BRFS and
Correlation & Price change
A.I.dvisor tells us that BRFS and BGS have been poorly correlated (+22% of the time) for the last year. This A.I.-generated data suggests there is low statistical probability that BRFS and BGS's prices will move in lockstep.
| Ticker / NAME | Correlation To BRFS | 1D Price Change % | ||
|---|---|---|---|---|
| BRFS | 100% | +1.01% | ||
| BGS - BRFS | 22% Poorly correlated | +0.94% | ||
| SOVO - BRFS | 22% Poorly correlated | -0.09% | ||
| POST - BRFS | 21% Poorly correlated | +0.66% | ||
| PPC - BRFS | 21% Poorly correlated | N/A | ||
| FRPT - BRFS | 21% Poorly correlated | +0.87% | ||
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