Fish Industry Stocks($HRL, $SEB, $LWAY...) Post an Average Gain of 12.82% in the Last Week💰
The fish industry, comprising companies involved in selling fish and related products, has seen an impressive surge in stock prices over the last week. This surge is reflected in the average gain of 12.82% across all stocks in the fish category. Let's delve deeper into the theme and the specific companies within it to understand this remarkable performance.
🌐Tickers in Industry - $HRL, $SEB, $LWAY, $BRFS, $PPC
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Theme Description:
The fish category encompasses a variety of firms engaged in selling fish and related products. Interestingly, some of these companies also have diversifications into other segments like poultry, frozen meat, and dairy products. In this theme, we have notable companies such as Lifeway Foods, Inc., Sanderson Farms, Inc., and Hormel Foods Corp., each contributing to the overall performance of the fish industry stocks.
Market Cap Insights:
The market capitalization within the fish theme averages around 6.4 billion dollars. This range varies from 214.8 million dollars for the smallest company, LWAY, to a substantial 17.9 billion dollars for Hormel Foods Corp (HRL), which holds the highest valuation in this group.
High and Low Price Notable News:
Over the last week, the fish industry stocks have exhibited impressive price growth, with an average weekly gain of 8.7%. When we look at longer-term trends, the monthly average price growth stands at 12.78%, and the quarterly average price growth is a remarkable 39.22%.
Among the notable movers, Lifeway Foods, Inc. (LWAY) experienced the highest price growth at 14.58%, while Sanderson Farms, Inc. (SEB) faced a slight decline, falling by 0%. Additionally, Hormel Foods (HRL) had a challenging week, declining by -5.43%.
Volume Trends:
When it comes to trading volume, the fish industry stocks have seen some interesting dynamics. The average weekly volume growth across all stocks in the fish theme was -22.99%, indicating a decline in trading activity. Similarly, the average monthly volume growth was -14.2%, and the average quarterly volume growth was -48.05%, highlighting a reduction in trading interest over longer periods.
However, it's worth noting that BRF - Brasil Foods SA (BRF) witnessed significant volume spikes recently, with record-breaking daily growth percentages exceeding 200% and even reaching up to 589% of the 65-Day Volume Moving Average.
Fundamental Analysis Ratings:
While the provided data doesn't include fundamental analysis ratings, it's essential for investors to consider various factors such as earnings, revenue, and growth prospects when evaluating these fish industry stocks.
The fish industry stocks have displayed remarkable price growth over the past week, with an average gain of 12.82%. This performance is indicative of the strength of the theme, encompassing companies engaged in various aspects of the fish and related product business. As with any investment, it's crucial for investors to conduct comprehensive research and consider both technical and fundamental factors before making investment decisions in this sector.
HRL : On November 02, 2023, Hormel Foods Corp (HRL) breached its upper Bollinger Band, a notable technical event. This occurrence often signals a potential reversal in stock price direction, as the stock typically retraces back towards the middle band. Investors may contemplate selling the stock or exploring put options to hedge against a potential decline. An analysis by A.I.dvisor revealed 52 similar instances of the stock surpassing the upper Bollinger Band, with 29 of those cases resulting in subsequent declines. This suggests a 56% probability of a downward move, prompting caution for HRL investors.
SEB : On October 30, 2023, Sanderson Farms, Inc. (SEB) saw its Moving Average Convergence Divergence (MACD) Histogram shift into positive territory. Analyzing historical data, when SEB's MACD turned positive in the past, the stock went on to gain ground in 35 out of 52 cases over the subsequent month. This suggests a favorable 67% chance of an ongoing uptrend for SEB, providing investors with an encouraging signal to consider.
LWAY : On November 14, 2023, Lifeway Foods, Inc. (LWAY) achieved a significant milestone by crossing above its 50-day Moving Average, signaling a shift from a previous downtrend to a clear upward trajectory. Historical analysis reveals that in 55 out of 59 comparable past instances, the stock continued to advance in the following month. This compelling track record suggests a compelling 90% likelihood of LWAY maintaining its upward momentum, making it an attractive prospect for investors seeking growth opportunities.
HRL sees its 50-day moving average cross bearishly below its 200-day moving average
The 50-day moving average for HRL moved below the 200-day moving average on September 26, 2024. This could be a long-term bearish signal for the stock as the stock shifts to an downward trend.
Technical Analysis (Indicators)
Bearish Trend Analysis
The Momentum Indicator moved below the 0 level on September 20, 2024. You may want to consider selling the stock, shorting the stock, or exploring put options on HRL as a result. In of 94 cases where the Momentum Indicator fell below 0, the stock fell further within the subsequent month. The odds of a continued downward trend are .
HRL moved below its 50-day moving average on September 20, 2024 date and that indicates a change from an upward trend to a downward trend.
The 10-day moving average for HRL crossed bearishly below the 50-day moving average on September 23, 2024. This indicates that the trend has shifted lower and could be considered a sell signal. In of 16 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 HRL 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 HRL entered a downward trend on October 16, 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.
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 59 cases where HRL'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 .
The Moving Average Convergence Divergence (MACD) for HRL just turned positive on October 15, 2024. Looking at past instances where HRL's MACD turned positive, the stock continued to rise in of 42 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 HRL advanced for three days, in of 317 cases, the price rose further within the following month. The odds of a continued upward trend are .
The Tickeron Valuation Rating of (best 1 - 100 worst) indicates that the company is slightly 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 (2.443) is normal, around the industry mean (6.502). P/E Ratio (24.124) is within average values for comparable stocks, (26.887). Projected Growth (PEG Ratio) (3.051) is also within normal values, averaging (2.471). Dividend Yield (0.032) settles around the average of (0.043) among similar stocks. P/S Ratio (1.582) is also within normal values, averaging (66.254).
The Tickeron Seasonality Score of (best 1 - 100 worst) indicates that the company is slightly undervalued in the industry. The Tickeron Seasonality score describes the variance of predictable price changes around the same period every calendar year. These changes can be tied to a specific month, quarter, holiday or vacation period, as well as a meteorological or growing season.
The Tickeron Price Growth Rating for this company is (best 1 - 100 worst), indicating fairly steady price growth. HRL’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 slightly better than average sales and a considerably 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.
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. HRL’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 81, 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 manufacturer of meat products and other prepared foods
Industry FoodSpecialtyCandy