Companies within the 'residential' segment are at the forefront of manufacturing home products or items that uplift home improvement.
🌐Tickers in Industry - $MAS, $GFF, $DY, $FIX, $IBP, $NVT
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To name a few:
Masco Corp.: Known for producing building and home improvement goods.
Installed Building Products Inc.: Specializes in insulation installer operations.
nVent Electric plc.: Renowned for its expertise in electrical connection.
Market Capitalization
A closer look at the market caps reveals:
Group Average: The mean market capitalization for this group stands at 5.3B.
Range: Valuations span between a modest 2.1B and a whopping 10.9B.
Top Tier: MAS has taken the lead with the highest valuation, touching 10.9B.
At the Base: GFF is the modest player with a market cap of 2.1B.
Price Movements: Noteworthy Updates
Price dynamics for the stocks offer insights:
Weekly Performance: The group achieved an average growth of 2.41% this week.
Monthly & Quarterly: Over the last month, the group saw a decline of 5.72%, but on a brighter note, the quarter recorded an impressive 8.92% growth.
Top Performer: FIX emerged as the star, boasting a growth rate of 14.56%.
Lagging Behind: NVT took a hit, registering the most significant drop at -3.17%.
Snapshot of Notable Price Movements:
Mas (MAS, $56.64) saw a decline of -5.16% this week, marking it as a top loser as of 9/12/23.
On the flip side, Mas (MAS, $55.93) emerged as a winner with a +5.43% jump on 6/14/23.
nVent Electric (NVT, $44.73) also saw a commendable +5.79% jump on 5/27/23.
Volume Dynamics
A dive into the volume metrics offers:
Weekly Volume Growth: The group's stocks experienced an average weekly volume surge of 13.1%.
Monthly & Quarterly Volume: There's a massive monthly volume growth of 51.69%, while the quarter reported a 7.7% growth.
Significant Volume Moments:
nVent Electric made headlines on 8/1/23 with its volume escalating for four consecutive days, setting a daily record with a 99% growth compared to the 65-Day Volume Moving Average.
Griffon grabbed attention on 6/17/23 when its stock volume peaked for a day, resulting in an unprecedented daily growth, a staggering 296% of the 65-Day Volume Moving Average.
Fundamental Analysis Ratings
For a broader understanding, considering the fundamental analysis ratings, where 1 is the best and 100 is the worst, provides a comprehensive overview of the stocks' standing.
The residential segment within the installation industry is witnessing noteworthy dynamics, both in terms of price and volume. With players like MAS and nVent Electric making headlines, stakeholders are advised to keep a close watch on this segment.
MAS : On October 27, 2023, MAS's Stochastic Oscillator rebounded from the oversold domain, hinting at a potential upward trajectory for the stock. As per Tickeron's A.I.dvisor's analysis of 59 similar past events, the stock showed an uptrend in 42 instances. With a success rate exceeding 71%, traders might consider bullish positions, such as stock acquisitions or call options.
GFF : On October 11, 2023, GFF surpassed its upper Bollinger Band, which typically hints at a forthcoming price decline as it may retract below the upper band and gravitate towards the median. Investors might contemplate divesting their holdings or delving into put options. Based on the A.I.dvisor's study of 40 analogous events, the stock demonstrated a downturn in 32 instances. This provides an 80% likelihood of the stock taking a bearish turn.
DY : On October 19, 2023, DY's RSI Oscillator rebounded from the oversold zone, suggesting a possible transition from a bearish to a bullish trend. With an encouraging sign for investors, it might be an opportune time to acquire the stock or consider call options. Upon analyzing 35 comparable RSI recoveries by the A.I.dvisor, the stock ascended in 29 cases. This signifies an 83% chance of the stock experiencing an upward shift.