The volume for Heska Corporation (HSKA) stock has seen a remarkable increase over the past four consecutive days, resulting in a record-breaking daily growth of 341% when compared to the 65-Day Volume Moving Average. As of the latest data, HSKA's total volume now stands at 394.9K. Despite a minor price change of -0.30%, with the stock price currently at $117.39, the significant increase in volume could potentially indicate a change in trend, possibly signaling a buying opportunity for investors.
According to data from A.I.dvisor, there have been 12 similar instances in the past, out of which 9 were successful. This suggests that based on historical data, the odds of success for such volume increases are at a favorable +75%. This could be encouraging news for investors looking to capitalize on this trend.
Furthermore, the Aroon Indicator, a technical analysis tool used to identify trends in stock prices, has also shown a bullish signal for HSKA on April 11, 2023. Tickeron's A.I.dvisor detected that the AroonUp green line is above 70, while the AroonDown red line is below 30. This indicates that the stock may be setting up for a bullish move, as the up indicator remains strong while the down indicator remains weak.
A.I.dvisor analyzed 258 similar instances where the Aroon Indicator showed a similar pattern, and in 208 of those cases, the stock moved higher in the days that followed. This puts the odds of a move higher at an impressive 81%. This further supports the potential bullish outlook for HSKA based on the Aroon Indicator.
The recent four-day volume growth for HSKA stock, resulting in a record-breaking increase compared to the 65-Day Volume Moving Average, along with the bullish signal from the Aroon Indicator, could indicate a potential change in trend and may present a buying opportunity for investors. However, it's important to note that past performance is not indicative of future results, and investors should conduct their own research and analysis before making any investment decisions.
The Aroon Indicator for HSKA entered a downward trend on May 26, 2023. Tickeron's A.I.dvisor identified a pattern where the AroonDown red line was above 70 while the AroonUp green line was below 30 for three straight days. This could indicate a strong downward move is ahead for the stock. Traders may want to consider selling the stock or buying put options. A.I.dvisor looked at 178 similar instances where the Aroon Indicator formed such a pattern. In of the 178 cases the stock moved lower. This puts the odds of a downward move at .
The 10-day RSI Indicator for HSKA moved out of overbought territory on May 17, 2023. This could be a bearish sign for the stock. Traders may want to consider selling the stock or buying put options. Tickeron's A.I.dvisor looked at 37 similar instances where the indicator moved out of overbought territory. In of the 37 cases, the stock moved lower in the following days. This puts the odds of a move lower at .
The Momentum Indicator moved below the 0 level on May 16, 2023. You may want to consider selling the stock, shorting the stock, or exploring put options on HSKA as a result. In of 100 cases where the Momentum Indicator fell below 0, the stock fell further within the subsequent 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 HSKA 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 Stochastic Oscillator shows that the ticker has stayed in the oversold zone for 3 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 HSKA advanced for three days, in of 296 cases, the price rose further within the following month. The odds of a continued upward trend are .
HSKA may jump back above the lower band and head toward the middle band. Traders may consider buying the stock or exploring call options.
The Tickeron Price Growth Rating for this company is (best 1 - 100 worst), indicating steady price growth. HSKA’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 Profit vs. Risk Rating rating for this company is (best 1 - 100 worst), indicating that the returns do not compensate for the risks. HSKA’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 85, placing this stock better than average.
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 (3.019) is normal, around the industry mean (25.176). P/E Ratio (526.316) is within average values for comparable stocks, (143.263). Projected Growth (PEG Ratio) (0.000) is also within normal values, averaging (5.622). Dividend Yield (0.000) settles around the average of (0.019) among similar stocks. P/S Ratio (4.701) is also within normal values, averaging (51.761).
The average fundamental analysis ratings, where 1 is best and 100 is worst, are as follows