Investment Analysis: $APPS (+18.80%) vs $SQ (+20.12%), Swing vs Day Trading Methods
Comparing APPS and SQ: A Comprehensive Investment Analysis
When it comes to the fast-paced world of packaged software, APPS, and SQ have proven to be resilient performers. A side-by-side comparison can provide insight into which stock may offer the best investment potential, given the strategies and preferences of the investor.
Evaluating Price Growth
In the realm of price growth, both APPS and SQ showed impressive performance compared to the industry average. This past week, APPS registered a 0.32% price change while SQ outperformed it with a 1.05% change. Although SQ experienced higher weekly growth, it's important to remember that price growth can vary from week to week.
In the broader perspective of the packaged software industry, the average weekly price growth was 0.21%, significantly lower than both APPS and SQ. However, the industry trend shows positive growth on a monthly and quarterly basis, with an average monthly price growth of 2.21% and a striking quarterly growth of 31.68%. Both APPS and SQ, by comparison, have consistently outperformed the industry average growth.
Upcoming Earnings Reports
The potential impact of upcoming earnings reports is another crucial factor to consider when investing. APPS is expected to report earnings on August 07, 2023, whereas SQ's earnings report is slated for November 08, 2023. These dates are key for investors, as earnings reports can often trigger significant price movements and provide deeper insight into a company's financial health and outlook.
Choosing a Trading Strategy: Swing Trading vs Day Trading
Depending on an investor's trading strategy, one stock may be more appealing than the other. If you're a swing trader focusing on medium volatility stocks for active trading, both APPS, and SQ can offer attractive opportunities. Their price changes, albeit modest in the short term, have been consistently positive, suggesting a potential for steady gains over multiple trading sessions.
On the other hand, if you're a day trader with a short bias strategy, SQ might be the better pick due to its higher weekly price volatility. Higher volatility generally offers more opportunities for day traders who aim to profit from short-term price movements.
A Dynamic Industry
The packaged software industry, with its weekly growth of 0.21%, presents a dynamic investment environment. The robust quarterly growth underlines the industry's resilience and potential for profitability.
While both APPS and SQ have their unique strengths, your choice between the two will ultimately depend on your investment strategy and goals. Both stocks demonstrate strong potential in an industry that's thriving and showing strong growth.
APPS in +14.01% Uptrend, advancing for three consecutive days on October 28, 2024
Moving higher for three straight days is viewed as a bullish sign. Keep an eye on this stock for future growth. Considering data from situations where APPS advanced for three days, in of 293 cases, the price rose further within the following month. The odds of a continued upward trend are .
Technical Analysis (Indicators)
Bullish Trend Analysis
The Stochastic Oscillator suggests the stock price trend may be in a reversal from a downward trend to an upward trend. of 55 cases where APPS's Stochastic Oscillator exited the oversold zone resulted in an increase in price. Tickeron's analysis proposes that the odds of a continued upward trend are .
APPS moved above its 50-day moving average on October 28, 2024 date and that indicates a change from a downward trend to an upward trend.
The 10-day moving average for APPS crossed bullishly above the 50-day moving average on October 15, 2024. This indicates that the trend has shifted higher and could be considered a buy signal. In of 14 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 .
The Aroon Indicator entered an Uptrend today. In of 232 cases where APPS 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 Momentum Indicator moved below the 0 level on October 25, 2024. You may want to consider selling the stock, shorting the stock, or exploring put options on APPS as a result. In of 75 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 APPS turned negative on October 23, 2024. 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 43 similar instances when the indicator turned negative. In of the 43 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 APPS declined for three days, the price rose further in of 62 cases within the following month. The odds of a continued downward trend are .
APPS broke above its upper Bollinger Band on October 11, 2024. 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.
The Tickeron Price Growth Rating for this company is (best 1 - 100 worst), indicating steady price growth. APPS’s price grows at a higher rate over the last 12 months as compared to S&P 500 index constituents.
The Tickeron Seasonality Score of (best 1 - 100 worst) indicates that the company is fair valued in the industry. The Tickeron Seasonality score describes the variance of predictable price changes around the same period every calendar year. These changes can be tied to a specific month, quarter, holiday or vacation period, as well as a meteorological or growing season.
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 (0.554) is normal, around the industry mean (30.698). P/E Ratio (63.291) is within average values for comparable stocks, (161.895). Projected Growth (PEG Ratio) (0.795) is also within normal values, averaging (2.738). Dividend Yield (0.000) settles around the average of (0.083) among similar stocks. P/S Ratio (0.424) is also within normal values, averaging (55.771).
The Tickeron PE Growth Rating for this company is (best 1 - 100 worst), pointing to slightly better 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. APPS’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 88, 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 mobile services platform for mobile operators, device OEMs, app advertisers and publishers, that enable user acquisition, app management and monetization opportunities
Industry PackagedSoftware