FOX vs PARA: Swing Trading for Beginners - Upward Market Trends (5.88% vs 2.75%)
Comparing FOX and PARA: A Study of Swing Trading and Market Trends in the Movie/Entertainment Industry
Compare: Swing Trader for Beginners: Trading in Markets Trending Up (TA&FA) 5.88% for FOX vs 2.75% for PARA
In this dynamic world of investment and trade, two prominent companies in the Movies/Entertainment industry, FOX and PARA, have been evaluated using the strategy of Swing Trading for Beginners: Trading in Markets Trending Up (TA&FA). The approach has yielded different results for the two, with FOX showing a return of 5.88% and PARA a lesser 2.75%.
Price Growth Analysis
The week's price change for FOX was -0.51%, indicating a minor downtrend. Comparatively, PARA showed a significant decline of -5.18% during the same period. Despite these declines, it's worth noting that these values must be seen in light of broader industry trends.
The average weekly price growth for the Movies/Entertainment industry stands at +0.66%. On a larger scale, the industry saw a monthly growth of +3.24%, with an impressive quarterly growth rate of +11.41%. This trend suggests that while individual companies like FOX and PARA may experience temporary declines, the industry, as a whole, continues to show positive growth.
Earnings Report
Upcoming earning reports can often serve as an inflection point for stock prices. FOX is expected to announce its earnings on Aug 02, 2023, and PARA on the following day, Aug 03, 2023. These reports will provide greater insights into the companies financial health and might influence their stock trends, thus, making it a crucial event for swing traders.
Industry Description
The Movies/Entertainment industry has shown a weekly growth of +0.66%. It's an industry constantly influenced by various external factors such as consumer behavior, technological advancements, and global economic conditions.
In the context of swing trading for beginners, both FOX and PARA present unique opportunities, despite their recent price dips. The positive growth rates across the broader industry suggest the potential for future growth. Traders should keep a close eye on the upcoming earnings reports and continue to monitor industry trends for informed trading decisions.
FOX in downward trend: 10-day moving average broke below 50-day moving average on August 23, 2023
The 10-day moving average for FOX crossed bearishly below the 50-day moving average on August 23, 2023. This indicates that the trend has shifted lower and could be considered a sell signal. In of 12 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 .
Technical Analysis (Indicators)
Bearish Trend Analysis
The Momentum Indicator moved below the 0 level on September 22, 2023. You may want to consider selling the stock, shorting the stock, or exploring put options on FOX as a result. In of 93 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 FOX turned negative on September 26, 2023. 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 45 similar instances when the indicator turned negative. In of the 45 cases the stock turned lower in the days that followed. This puts the odds of success at .
Following a 3-day decline, the stock is projected to fall further. Considering past instances where FOX 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 FOX entered a downward trend on September 18, 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.
Bullish Trend Analysis
The RSI Oscillator points to a transition from a downward trend to an upward trend -- in cases where FOX's RSI Oscillator exited the oversold zone, of 23 resulted in an increase in price. Tickeron's analysis proposes that the odds of a continued upward trend are .
The Stochastic Oscillator is in the oversold zone. Keep an eye out for a move up in the foreseeable future.
Following a 3-day Advance, the price is estimated to grow further. Considering data from situations where FOX advanced for three days, in of 268 cases, the price rose further within the following month. The odds of a continued upward trend are .
FOX may jump back above the lower band and head toward the middle band. Traders may consider buying the stock or exploring call options.
Fundamental Analysis (Ratings)
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 (1.346) is normal, around the industry mean (4.542). P/E Ratio (12.346) is within average values for comparable stocks, (76.069). Projected Growth (PEG Ratio) (2.113) is also within normal values, averaging (1.713). Dividend Yield (0.018) settles around the average of (0.062) among similar stocks. P/S Ratio (1.024) is also within normal values, averaging (110.238).
The Tickeron Price Growth Rating for this company is (best 1 - 100 worst), indicating steady price growth. FOX’s price grows at a higher rate over the last 12 months as compared to S&P 500 index constituents.
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 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. FOX’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 90, 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 provider of television production and broadcasting services
Industry MoviesEntertainment
FOX and
Correlation & Price change
A.I.dvisor indicates that over the last year, FOX has been closely correlated with FOXA. These tickers have moved in lockstep 99% of the time. This A.I.-generated data suggests there is a high statistical probability that if FOX jumps, then FOXA could also see price increases.
| Ticker / NAME | Correlation To FOX | 1D Price Change % | ||
|---|---|---|---|---|
| FOX | 100% | -0.76% | ||
| FOXA - FOX | 99% Closely correlated | -0.83% | ||
| WBD - FOX | 60% Loosely correlated | +0.28% | ||
| NXST - FOX | 58% Loosely correlated | +0.18% | ||
| PARAA - FOX | 58% Loosely correlated | -1.66% | ||
| PARA - FOX | 58% Loosely correlated | -1.58% | ||
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