$IRS, $HHS, and $GRPN Propel Shopping Sector to Impressive +10.32% Weekly Performance Surge
Robots for this industry :
Trend Trader, Long Only: Valuation & Hurst Model (TA&FA) - 30-day Annualized Return +74%
Swing Trader, Long Only: Valuation & Seasonality Model (TA&FA) - 30-day Annualized Return +47%
The past week has seen an impressive surge in the performance of shopping-related companies, with a notable uptick of +10.32%. This surge is reflected in the trajectory of companies such as IRS, HHS, and GRPN, which constitute this group's tickers.
Positive Outlook and Indicator Signals
Backing this surge is the MA50MA10 indicator, signaling a positive outlook for the stocks in this category. Additionally, the Stock Fear & Greed Index remains favorable for this group. Tickeron, a reliable forecasting entity, predicts a further increase of over 4.00% within the next month, with a 74% likelihood, bolstering the positive sentiment.
The daily ratio of advancing to declining volumes stands at 1.03 to 1 over the last month, hinting at sustained positive momentum.
Market Cap Insights
The average market capitalization across this cluster of companies sits at a substantial $712.1 million. Notably, the market cap for tickers in this group ranges from $48.5 million to $1.8 billion. IRS holds the highest valuation at $1.8 billion, while HHS stands as the lowest valued company in this selection, with a market cap of $48.5 million.
Price Movements and Notable News
Analyzing price movements, the average weekly growth for these stocks stands at 10.32%. The monthly growth averaged 8.88%, while the quarterly growth surged impressively at 49.32%. IRS experienced the highest price growth at 25.5%, whereas HHS faced a decline of -4.82%.
Notable news around GRPN indicates fluctuating performances, with instances of significant declines followed by expectations of trend reversals.
Volume and Key Indicators for Individual Tickers
-
IRS's Upward Momentum: Notably, IRS showcased a bullish trend, with the 10-day moving average crossing above the 50-day moving average on November 22, 2023. Historical data indicates a 90% likelihood of continued upward momentum. The current price of $8.01, surpassing the highest support line at $4.66, indicates a robust +31% uptrend growth during the recent week.
-
HHS's Indicator Shift: HHS's 10-day RSI Indicator moved out of overbought territory on November 20, 2023. This shift might indicate a potential trend reversal, with historical data suggesting a 90% likelihood of a downward move. Despite a recent -5% downtrend, HHS's price trends between support at $8.92 and resistance at $6.47.
-
GRPN's Momentum Reversal: GRPN's RSI Oscillator moved out of oversold territory on November 13, 2023. This hints at a potential upward trend shift, supported by historical data showing a 90% probability of a higher move. While experiencing a recent -10% downtrend, GRPN's price remains within a range between $10.57 support and $8.29 resistance lines.
In summary, the shopping-related companies, represented by IRS, HHS, and GRPN, have displayed significant positivity in recent indicators, market cap variations, price movements, and volume. While each ticker presents nuanced trends, the overarching sentiment suggests a promising outlook for this sector in the near future.
IRS in upward trend: price may jump up because it broke its lower Bollinger Band on September 25, 2024
IRS may jump back above the lower band and head toward the middle band. Traders may consider buying the stock or exploring call options. In of 31 cases where IRS's price broke its lower Bollinger Band, its price rose further in the following month. The odds of a continued upward trend are .
Technical Analysis (Indicators)
Bullish Trend Analysis
The Momentum Indicator moved above the 0 level on October 04, 2024. You may want to consider a long position or call options on IRS as a result. In of 86 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 IRS advanced for three days, in of 269 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 200 cases where IRS 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 10-day RSI Indicator for IRS moved out of overbought territory on September 17, 2024. 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 35 similar instances where the indicator moved out of overbought territory. In of the 35 cases, the stock moved lower in the following days. This puts the odds of a move lower at .
The Stochastic Oscillator entered the overbought zone. Expect a price pull-back in the foreseeable future.
The Moving Average Convergence Divergence Histogram (MACD) for IRS turned negative on September 20, 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 45 similar instances when the indicator turned negative. In of the 45 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 IRS declined for three days, the price rose further in of 62 cases within the following month. The odds of a continued downward trend are .
Fundamental Analysis (Ratings)
Tickeron has a negative outlook on this ticker and predicts a further decline by more than 4.00% within the next month with a likelihood of 84%.
The Tickeron Valuation Rating of (best 1 - 100 worst) indicates that the company is seriously undervalued 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 (0.719) is normal, around the industry mean (3.679). P/E Ratio (3.670) is within average values for comparable stocks, (59.940). Projected Growth (PEG Ratio) (0.000) is also within normal values, averaging (1.670). IRS has a moderately high Dividend Yield (0.174) as compared to the industry average of (0.055). P/S Ratio (5.727) is also within normal values, averaging (11.903).
The Tickeron Profit vs. Risk Rating rating for this company is (best 1 - 100 worst), indicating low risk on high returns. The average Profit vs. Risk Rating rating for the industry is 89, placing this stock better than average.
The Tickeron PE Growth Rating for this company is (best 1 - 100 worst), pointing to consistent 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. IRS’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 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.
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
an operator of shopping centers, housing projects, offices, luxury hotels and other properties for lease
Industry RealEstateDevelopment