Internet Software/Services stocks have shown an average increase of approximately 10% over the past month.
Among the most notable companies in the Internet Software/Services group are Alphabet (NASDAQ: GOOG), Meta Platforms (NASDAQ: META), Baidu (NASDAQ: BIDU), and Pinterest (NYSE: PINS). Over the past month, these stocks have demonstrated an average increase of approximately 10%. Detailed data on these stocks can be found in our robot at Swing-Trader-Medium-Volatility-Stocks-for-Active-Trading-TA-FA.
Market Cap: The average market capitalization for this group of companies is $521.2 billion. The market cap for individual stocks ranges from $19.8 billion to an impressive $1.7 trillion. GOOG holds the highest valuation in this group at $1.7 trillion, while PINS is the lowest valued company at $19.8 billion.
High and Low Price News: Over the past week, the average weekly price growth for all stocks in the group was 5.59%, with the average monthly growth at 10.53% and the average quarterly growth at 25.74%. META showed the highest price growth at 9.59%, while DASH experienced the biggest decline at 1.36%.
Pinterest (PINS, $27.7) was the top loser this week, declining by 7.17%. 7/25/23 7:12 AM: Meta Platforms (META, $291.61) also experienced a decline of 6.12% this week, with a potential downtrend reversal expected. 6/30/23 7:45 AM: Baidu (BIDU, $134.56) also faced a decline this week, amounting to 5.19%.
Trading Volume: The average weekly volume growth for all stocks in the group was -48.69%. The average monthly volume growth was -40.56%, and the average quarterly volume growth was -78.54%.
The trading volume for Baidu stock increased significantly for one day, resulting in a record-breaking daily growth of 227% of the 65-Day Volume Moving Average.
Fundamental Analysis Ratings: The average fundamental analysis ratings for this group are as follows:
Valuation Rating: 67 (with 1 being the best and 100 the worst). P/E Growth Rating: 45. Price Growth Rating: 25. SMR Rating: 72. Profit Risk Rating: 75. Seasonality Score: 2 (scale from -100 to +100).
Trend Analysis: Alphabet (GOOG) demonstrated an upward trend when its 10-day Moving Average crossed above the 50-day Moving Average on July 25, 2023. This positive signal suggests a potential buying opportunity, as historical data shows a 77% probability of continued upward movement over the next month.
Stock Forecasts: Meta Platforms (META) also showed an upward trend when its Aroon Indicator triggered a bullish signal on August 1, 2023. AroonUp was above 70, while AroonDown was below 30, indicating a possible bullish move. Historical analysis suggests a 79% chance of stock price increase in the following days.
On the other hand, Baidu (BIDU) broke above its upper Bollinger Band on July 28, 2023, indicating a possible future decline. Similar instances have resulted in a 78% chance of stock falling, suggesting the possibility of a future downturn.
Overall, stocks in this group exhibit diverse notable outcomes and trends, offering various opportunities for potential growth and challenges for investors and traders.
META in upward trend: 10-day moving average moved above 50-day moving average on September 18, 2023
The 10-day moving average for META crossed bullishly above the 50-day moving average on September 18, 2023. This indicates that the trend has shifted higher and could be considered a buy signal. In of 13 past instances when the 10-day crossed above the 50-day, the stock continued to move higher over the following month. The odds of a continued upward trend are .
Technical Analysis (Indicators)
Bullish Trend Analysis
The Stochastic Oscillator is in the oversold zone. Keep an eye out for a move up in the foreseeable future.
The Momentum Indicator moved above the 0 level on September 22, 2023. You may want to consider a long position or call options on META as a result. In of 83 past instances where the momentum indicator moved above 0, the stock continued to climb. 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 META advanced for three days, in of 322 cases, the price rose further within the following month. The odds of a continued upward trend are .
The Aroon Indicator entered an Uptrend today. In of 330 cases where META Aroon's Indicator entered an Uptrend, the price rose further within the following month. The odds of a continued Uptrend are .
Bearish Trend Analysis
The Moving Average Convergence Divergence Histogram (MACD) for META 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 49 similar instances when the indicator turned negative. In of the 49 cases the stock turned lower in the days that followed. This puts the odds of success at .
META moved below its 50-day moving average on September 20, 2023 date and that indicates a change from an upward trend to a downward trend.
Following a 3-day decline, the stock is projected to fall further. Considering past instances where META declined for three days, the price rose further in of 62 cases within the following month. The odds of a continued downward trend are .
META broke above its upper Bollinger Band on September 14, 2023. This could be a sign that the stock is set to drop as the stock moves back below the upper band and toward the middle band. You may want to consider selling the stock or exploring put options.
Fundamental Analysis (Ratings)
The Tickeron Price Growth Rating for this company is (best 1 - 100 worst), indicating outstanding price growth. META’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 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 Profit vs. Risk Rating rating for this company is (best 1 - 100 worst), indicating well-balanced risk and returns. The average Profit vs. Risk Rating rating for the industry is 93, placing this stock slightly better than average.
The Tickeron SMR rating for this company is (best 1 - 100 worst), indicating strong sales and a 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 Valuation Rating of (best 1 - 100 worst) indicates that the company is slightly 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 (5.741) is normal, around the industry mean (17.317). P/E Ratio (34.843) is within average values for comparable stocks, (41.697). Projected Growth (PEG Ratio) (0.756) is also within normal values, averaging (3.542). Dividend Yield (0.000) settles around the average of (0.025) among similar stocks. P/S Ratio (6.549) is also within normal values, averaging (8.578).
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 social networking service and website
Industry InternetSoftwareServices
META and
Correlation & Price change
A.I.dvisor indicates that over the last year, META has been loosely correlated with GOOGL. These tickers have moved in lockstep 59% of the time. This A.I.-generated data suggests there is some statistical probability that if META jumps, then GOOGL could also see price increases.
| Ticker / NAME | Correlation To META | 1D Price Change % | ||
|---|---|---|---|---|
| META | 100% | +1.13% | ||
| GOOGL - META | 59% Loosely correlated | -0.15% | ||
| GOOG - META | 59% Loosely correlated | -0.08% | ||
| SPOT - META | 44% Loosely correlated | +1.49% | ||
| DASH - META | 42% Loosely correlated | +0.75% | ||
| MTCH - META | 40% Loosely correlated | +0.56% | ||
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