PHUN vs SNAP: Unpacking the 16.19% and 23.13% Gains - A Comparative Analysis
Comparing PHUN and SNAP: High Volatility Stocks for Active Trading - Swing Trader: High Volatility Stocks for Active Trading (TA&FA) 16.19% PHUN vs Swing Trader: High Volatility Stocks for Active Trading (TA&FA) 23.13% SNAP
The world of active trading often revolves around high-volatility stocks, as they provide ample opportunities for profit. For this article, we are analyzing two notable players in the technology sector: PHUN and SNAP. Both have caught the attention of swing traders recently due to their high volatility and promising growth potential.
Price Growth Analysis
In the week under review, PHUN, categorized under the Packaged Software industry, experienced a price change of +2.61%. In contrast, SNAP, classified under the Internet Software/Services sector, recorded a price change of +5.85% within the same period.
In terms of industry averages, PHUN outperformed the Packaged Software industry's average weekly price growth, which declined by -0.14%. Additionally, the industry experienced an average monthly price growth of +5.40% and an average quarterly price growth of +27.73%.
On the other hand, SNAP surpassed the Internet Software/Services industry's average weekly price decrease of -1.50%, by posting a positive weekly price change. This industry's average monthly price growth was +2.74%, while the average quarterly price growth stood at +11.92%.
In the short term, it seems SNAP demonstrated a stronger performance, but considering the average industry growth, PHUN resides in a currently more robust sector. This difference highlights the importance of monitoring both individual stock performance and overall industry trends, as both can provide valuable insights for swing trading.
Upcoming Earnings Reports
For active traders, earning dates can often serve as catalysts for significant price movements. PHUN is anticipated to report earnings on August 17, 2023, while SNAP is expected to declare earnings a bit earlier, on July 25, 2023.
These dates represent opportunities for traders to capitalize on potential price volatility that often accompanies earnings reports. It's crucial, however, for traders to do thorough research and consider other factors beyond earnings dates, such as market conditions, industry trends, and company fundamentals.
In conclusion, PHUN and SNAP, both high-volatility stocks, offer interesting opportunities for swing traders. Despite their differences in weekly performance and the industries they operate in, both stocks represent attractive prospects for active trading strategies. However, as with any investment, a careful analysis of each company's performance, industry conditions, and upcoming events such as earnings reports is essential.
SNAP in upward trend: 10-day moving average broke above 50-day moving average on September 30, 2024
The 10-day moving average for SNAP crossed bullishly above the 50-day moving average on September 30, 2024. This indicates that the trend has shifted higher and could be considered a buy signal. In of 12 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 suggests the stock price trend may be in a reversal from a downward trend to an upward trend. of 55 cases where SNAP'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 .
SNAP moved above its 50-day moving average on September 24, 2024 date and that indicates a change from a downward trend to an upward trend.
Following a 3-day Advance, the price is estimated to grow further. Considering data from situations where SNAP advanced for three days, in of 317 cases, the price rose further within the following month. The odds of a continued upward trend are .
SNAP may jump back above the lower band and head toward the middle band. Traders may consider buying the stock or exploring call options.
The Aroon Indicator entered an Uptrend today. In of 264 cases where SNAP 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 SNAP moved out of overbought territory on September 30, 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 37 similar instances where the indicator moved out of overbought territory. In of the 37 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 October 16, 2024. You may want to consider selling the stock, shorting the stock, or exploring put options on SNAP 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 SNAP turned negative on October 17, 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 44 similar instances when the indicator turned negative. In of the 44 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 SNAP declined for three days, the price rose further in of 62 cases within the following month. The odds of a continued downward trend are .
The Tickeron Price Growth Rating for this company is (best 1 - 100 worst), indicating fairly steady price growth. SNAP’s price grows at a lower 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 significantly overvalued 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.
The Tickeron Valuation Rating of (best 1 - 100 worst) indicates that the company is significantly 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 (7.692) is normal, around the industry mean (10.901). P/E Ratio (0.000) is within average values for comparable stocks, (50.708). Projected Growth (PEG Ratio) (5.636) is also within normal values, averaging (3.441). Dividend Yield (0.000) settles around the average of (0.026) among similar stocks. P/S Ratio (3.939) is also within normal values, averaging (19.253).
The Tickeron PE Growth Rating for this company is (best 1 - 100 worst), pointing to worse 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 Profit vs. Risk Rating rating for this company is (best 1 - 100 worst), indicating that the returns do not compensate for the risks. SNAP’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 90, 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 developer of a text and photo based messaging application for mobile phones
Industry InternetSoftwareServices