Group Specialty's Struggles: Lose -6.94% in 1 Week! $GLW, $CC, $RYAM, $OLN, $SCSC and More!
Group Specialty Stocks Plunge by -6.94% in One Week - Strong Sell Signals!
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Introduction:
In the fast-paced world of trading, staying ahead of the curve is crucial. Recent market movements have sent shockwaves through various sectors, and today, we'll be focusing on one group in particular - Group Specialty. This group has experienced a substantial -6.94% loss in just one week. We'll delve into the key factors influencing this decline and explore notable companies within this sector.
Tickers in This Group:
$KWR, $BCPC, $GLW, $CRS, $OLN, $ROG, $SCSC, $CC, $RYAM, $NGVT and $ECVT
Industry Description:
The Group Specialty sector encompasses a diverse range of companies with specialized focuses. These companies cater to niche markets, offering unique products and services. This sector's diversity can make it susceptible to rapid market shifts.
Market Cap:
Within the Group Specialty sector, market capitalization varies significantly. The average market cap for this group is approximately 5 billion dollars, with valuations ranging from 205.2 million dollars to a staggering 26.8 billion dollars. Corning (NYSE: GLW) holds the highest market cap in this group at 26.8 billion dollars, while RYAM is valued at the lowest, with a market cap of 205.2 million dollars.
High and Low Price Notable News:
Recent price movements have been tumultuous for Group Specialty stocks. On average, these stocks experienced a weekly price decline of -6.94%. Looking further back, the monthly average price growth was -4.27%, and the quarterly growth averaged at -6.49%. Among the notable performers, Olin (OLN) faced a -5.64% decline this week, while Chemours Company (The) (CC) took a hit with a -7.15% decrease.
Volume:
Trading volume plays a significant role in understanding market sentiment. On average, weekly trading volume across Group Specialty stocks grew by 13.71%. However, the monthly and quarterly averages revealed decreases of -4.21% and -9.94%, respectively. This suggests a mixed bag of investor activity.
Fundamental Analysis Ratings:
Let's assess the fundamentals of these stocks:
- Valuation Rating: 61
- P/E Growth Rating: 50
- Price Growth Rating: 65
- SMR Rating: 69
- Profit Risk Rating: 79
- Seasonality Score: -23
Notable Ticker Descriptions:
Now, let's take a closer look at some notable companies within this group:
-
$GLW - Corning (NYSE: GLW)
- Corning, with a market cap of 26.8 billion dollars, is a significant player in the Group Specialty sector. However, it experienced recent challenges, contributing to the group's overall negative outlook.
-
$CC - Chemours Company (The) (NYSE: CC)
- Chemours Company, valued in the billions, is another notable company facing headwinds within this sector.
-
$RYAM - Rayonier Advanced Materials (NYSE: RYAM)
- Despite being on the lower end of market capitalization at 205.2 million dollars, RYAM managed to buck the trend with a weekly gain of +5.62%.
The Group Specialty sector has faced a challenging week with a -6.94% loss. Factors such as market sentiment, price movements, and fundamental ratings all contribute to the negative outlook for this group. As investors, it's essential to stay informed about these developments and carefully consider your trading strategies within this sector.
KWR sees its 50-day moving average cross bearishly below its 200-day moving average
The 50-day moving average for KWR moved below the 200-day moving average on August 22, 2023. 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 13, 2023. You may want to consider selling the stock, shorting the stock, or exploring put options on KWR as a result. In of 77 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 KWR turned negative on September 21, 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 41 similar instances when the indicator turned negative. In of the 41 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 KWR 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 KWR entered a downward trend on September 05, 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 Indicator points to a transition from a downward trend to an upward trend -- in cases where KWR's RSI Indicator exited the oversold zone, of 36 resulted in an increase in price. Tickeron's analysis proposes that the odds of a continued upward trend are .
The Stochastic Oscillator shows that the ticker has stayed in the oversold zone for 11 days. The price of this ticker is presumed to bounce back soon, since the longer the ticker stays in the oversold zone, the more promptly an upward trend is expected.
Following a 3-day Advance, the price is estimated to grow further. Considering data from situations where KWR advanced for three days, in of 294 cases, the price rose further within the following month. The odds of a continued upward trend are .
KWR 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 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. KWR’s price grows at a higher 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 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 (2.193) is normal, around the industry mean (3.215). KWR's P/E Ratio (344.828) is considerably higher than the industry average of (26.611). Projected Growth (PEG Ratio) (0.000) is also within normal values, averaging (5.392). Dividend Yield (0.011) settles around the average of (0.038) among similar stocks. P/S Ratio (1.476) is also within normal values, averaging (41.521).
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. KWR’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
a company, which engages in the business of developing, producing and marketing formulated chemical specialty products
Industry ChemicalsSpecialty
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KWR and
Correlation & Price change
A.I.dvisor indicates that over the last year, KWR has been closely correlated with ESI. These tickers have moved in lockstep 66% of the time. This A.I.-generated data suggests there is a high statistical probability that if KWR jumps, then ESI could also see price increases.