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 sees MACD Histogram just turned negative
SNAP saw its Moving Average Convergence Divergence Histogram (MACD) turn negative on September 15, 2023. This is a bearish signal that suggests the stock could decline going forward. Tickeron's A.I.dvisor looked at 48 instances where the indicator turned negative. In of the 48 cases the stock moved lower in the days that followed. This puts the odds of a downward move at .
Technical Analysis (Indicators)
Bearish Trend Analysis
The Momentum Indicator moved below the 0 level on September 13, 2023. You may want to consider selling the stock, shorting the stock, or exploring put options on SNAP as a result. In of 83 cases where the Momentum Indicator fell below 0, the stock fell further within the subsequent month. The odds of a continued downward trend are .
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 .
SNAP broke above its upper Bollinger Band on August 31, 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 Aroon Indicator for SNAP entered a downward trend on August 29, 2023. This could indicate a strong downward move is ahead for the stock. Traders may want to consider selling the stock or buying put options.
Bullish Trend Analysis
The RSI Oscillator points to a transition from a downward trend to an upward trend -- in cases where SNAP's RSI Oscillator exited the oversold zone, of 26 resulted in an increase in price. Tickeron's analysis proposes that the odds of a continued upward trend are .
The Stochastic Oscillator shows that the ticker has stayed in the oversold zone for 9 days. The price of this ticker is presumed to bounce back soon, since the longer the ticker stays in the oversold zone, the more promptly an upward trend is expected.
Following a 3-day Advance, the price is estimated to grow further. Considering data from situations where SNAP advanced for three days, in of 307 cases, the price rose further within the following month. The odds of a continued upward trend are .
Fundamental Analysis (Ratings)
The Tickeron Price Growth Rating for this company is (best 1 - 100 worst), indicating slightly worse than average 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 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 (5.631) is normal, around the industry mean (17.317). P/E Ratio (0.000) is within average values for comparable stocks, (41.697). Projected Growth (PEG Ratio) (5.636) 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 (3.085) is also within normal values, averaging (8.578).
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 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 93, 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
SNAP and
Correlation & Price change
A.I.dvisor indicates that over the last year, SNAP has been loosely correlated with PINS. These tickers have moved in lockstep 60% of the time. This A.I.-generated data suggests there is some statistical probability that if SNAP jumps, then PINS could also see price increases.
| Ticker / NAME | Correlation To SNAP | 1D Price Change % | ||
|---|---|---|---|---|
| SNAP | 100% | +0.70% | ||
| PINS - SNAP | 60% Loosely correlated | +1.02% | ||
| SSTK - SNAP | 48% Loosely correlated | -0.97% | ||
| KIND - SNAP | 45% Loosely correlated | -0.54% | ||
| DASH - SNAP | 40% Loosely correlated | +0.75% | ||
| ZG - SNAP | 39% Loosely correlated | -1.49% | ||
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