The Oil Refining/Marketing segment is an essential component of the energy sector. It comprises companies dedicated to refining crude oil into a spectrum of petroleum products like gasoline, diesel, and jet fuel. These entities, operating in the downstream sector of the oil business, take charge of the post-production processes of crude oil and natural gas. Their focus extends to marketing and distribution. Notably, when there's a dip in oil prices, downstream businesses might be shielded or even stand to benefit as the acquisition cost of crude oil plummets. Industry giants in the U.S. encompass Phillips 66, Marathon Petroleum Corporation, and Valero Energy Corp.
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Notable Companies: Key players making waves in this sector include:
Market Capitalization: When we consider the financial muscle of this sector, the average market cap stands at an impressive $19.4B. Delving deeper, MPC emerges as the sector’s heavyweight with a valuation of $57.8B, while on the opposite spectrum, DK has a valuation of $1.8B.
Price Movements: The last month has been promising for this segment with an average monthly growth rate of 8.65%. Digging deeper into weekly trends, NS experienced a commendable 6.22% growth, whereas VLO saw a decline of 3.94%. Some recent notable movements include:
Trading Volume Dynamics: Trade volume is a telling metric, reflecting market interest. The group witnessed an average weekly volume growth of 17.48% and a more pronounced monthly growth of 73.52%. Among the buzzworthy volume activities, NuStar Energy’s stock volume swelled for five straight days, registering an impressive daily gain of 129% on 8/17/23.
Fundamental Analysis: For those who lean on fundamentals, it's worth noting the average rating of companies in this sector, with a scale where 1 is the best and 100 the worst.
In conclusion, the Oil Refining/Marketing sector is currently buzzing with activity, demonstrating significant gains and showing strong potential for investors and stakeholders.
DK - On July 20, 2023, DK surpassed its upper Bollinger Band, a move historically suggesting a potential retracement to its middle band. Investors might want to evaluate their positions, contemplating either offloading the stock or examining put options. An analysis by A.I.dvisor, considering 40 analogous occasions, indicated that in 34 instances the stock experienced a downturn post the breakout, implying an 85% likelihood of a decline.
VLO - As of August 18, 2023, VLO has marked a +2.02% uptrend, registering gains for three successive days. Such a pattern typically suggests bullish momentum. Investors should watch this stock closely for potential appreciation. Historical data indicates that when VLO climbed for three consecutive days, 232 out of 309 times it experienced further growth in the subsequent month, pointing to a 75% probability of sustained ascent.
MPC - MPC experienced a +2.28% uptrend on August 18, 2023, marking its third consecutive day of gains. This continuous ascent is typically a bullish indicator in the market. Past observations reveal that when MPC rises for three successive days, it further appreciates in 238 out of 309 cases over the next month. With a 77% probability of maintaining this growth trend, investors might want to keep a close watch on this stock's trajectory.
Moving lower for three straight days is viewed as a bearish sign. Keep an eye on this stock for future declines. Considering data from situations where DK declined for three days, in of 331 cases, the price declined further within the following month. The odds of a continued downward trend are .
The 10-day RSI Indicator for DK moved out of overbought territory on September 13, 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 30 similar instances where the indicator moved out of overbought territory. In of the 30 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 September 22, 2023. You may want to consider selling the stock, shorting the stock, or exploring put options on DK as a result. In of 82 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 DK turned negative on September 22, 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 51 similar instances when the indicator turned negative. In of the 51 cases the stock turned lower in the days that followed. This puts the odds of success at .
DK broke above its upper Bollinger Band on September 07, 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.
The Stochastic Oscillator demonstrated that the ticker has stayed in the oversold zone for 1 day, which means it's wise to expect a price bounce in the near future.
The 50-day moving average for DK moved above the 200-day moving average on August 21, 2023. This could be a long-term bullish signal for the stock as the stock shifts to an upward trend.
Following a +1 3-day Advance, the price is estimated to grow further. Considering data from situations where DK advanced for three days, in of 268 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 208 cases where DK Aroon's Indicator entered an Uptrend, the price rose further within the following month. The odds of a continued Uptrend are .
The Tickeron Price Growth Rating for this company is (best 1 - 100 worst), indicating steady price growth. DK’s price grows at a higher rate over the last 12 months as compared to S&P 500 index constituents.
The Tickeron Valuation Rating of (best 1 - 100 worst) indicates that the company is fair valued 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 (2.027) is normal, around the industry mean (6.999). P/E Ratio (6.187) is within average values for comparable stocks, (15.745). Projected Growth (PEG Ratio) (0.000) is also within normal values, averaging (2.925). Dividend Yield (0.030) settles around the average of (0.057) among similar stocks. P/S Ratio (0.113) is also within normal values, averaging (0.672).
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 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. DK’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 78, placing this stock worse than average.
The average fundamental analysis ratings, where 1 is best and 100 is worst, are as follows
a provider of petroleum refining and logistics services
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|LoCorr Dynamic Opportunity I|
|American Funds Capital Income Bldr R5E|
|ClearBridge Large Cap Value C|
|VY® Morgan Stanley Global Franchise R6|
A.I.dvisor indicates that over the last year, DK has been closely correlated with VLO. These tickers have moved in lockstep 77% of the time. This A.I.-generated data suggests there is a high statistical probability that if DK jumps, then VLO could also see price increases.