Riding the Wave: $TV, $GRPN, $GCI, $TTD Stocks Ride the +21.2% Surge in Magazines Industry Last Month.
Theme Magazines +21.2% - 1-month change
Tickers in theme Magazines -- TV, GRPN, GCI, TTD.
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Theme and Group of Tickers: The theme for this article revolves around magazine companies that publish periodicals across various topics, including current news, lifestyle, fashion, finance, and business. These companies may focus on advertising shopping deals for specific countries or localities. Examples of companies in this theme include Trade Desk (The) (NASDAQ:TTD) and Groupon (NASDAQ:GRPN).
Notable Companies: The two most notable companies within the magazine theme are Trade Desk (The) (TTD) and Groupon (GRPN).
Market Cap: The average market capitalization for companies within the magazines theme is approximately $7.6 billion. The market cap of individual tickers in the group ranges from $5.5 million to $41.5 billion, with TTD holding the highest valuation at $41.5 billion and AUTO being the lowest valued company at $5.5 million.
High and Low Price Notable News: On average, the weekly price growth for all stocks in the magazine theme was 3.63%. The average monthly price growth stood at 19.51%, while the average quarterly price growth was 10.71%. Among the notable news, GCI experienced the highest price growth at 18.38%, while TTD faced the largest fall at -6.2%.
Volume: The average weekly volume growth for all stocks in the magazine theme was -37.63%. Meanwhile, the average monthly volume growth was 33.51%, and the average quarterly volume growth was -33.18%.
1. Momentum Indicator for GCI Turns Positive, Indicating New Upward Trend: On July 28, 2023, GCI's Momentum Indicator moved above the 0 level, suggesting a potential shift into a new upward move. Traders may consider buying the stock or call options, as historical data shows that in 58 out of 79 similar instances, the stock moved higher in the following days, with odds of a move higher at 73%. The current price of $3.52 has crossed the support line at $2.41 and is trading between $4.51 resistance and $2.41 support lines. Throughout the month of 07/05/23 - 08/04/23, the stock experienced a significant +48% uptrend, and during the week of 07/28/23 - 08/04/23, it enjoyed a +18% uptrend growth.
2. TTD in -5.88% Downward Trend, Declining for Three Consecutive Days on August 03, 2023: Trade Desk (The) (TTD) has been moving lower for three consecutive days, signaling a bearish trend. Investors should keep a close watch on this stock for possible future declines. Historical data reveals that in 213 out of 274 cases where TTD declined for three days, the price continued to decline further within the following month, with odds of a continued downward trend at 78%. The current price of $85.80 is above the highest support line found by A.I. at $55.75. Throughout the month of 07/05/23 - 08/04/23, the stock experienced a +10% uptrend, but during the week of 07/28/23 - 08/04/23, it showed a -6% downtrend.
GCI's Indicator enters downward trend
The Aroon Indicator for GCI entered a downward trend on September 19, 2023. Tickeron's A.I.dvisor identified a pattern where the AroonDown red line was above 70 while the AroonUp green line was below 30 for three straight days. This could indicate a strong downward move is ahead for the stock. Traders may want to consider selling the stock or buying put options. A.I.dvisor looked at 307 similar instances where the Aroon Indicator formed such a pattern. In of the 307 cases the stock moved lower. This puts the odds of a downward move at .
Technical Analysis (Indicators)
Bearish Trend Analysis
The 10-day RSI Indicator for GCI moved out of overbought territory on August 14, 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 27 similar instances where the indicator moved out of overbought territory. In of the 27 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 15, 2023. You may want to consider selling the stock, shorting the stock, or exploring put options on GCI as a result. In of 77 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 GCI turned negative on August 17, 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 46 similar instances when the indicator turned negative. In of the 46 cases the stock turned lower in the days that followed. This puts the odds of success at .
GCI moved below its 50-day moving average on September 15, 2023 date and that indicates a change from an upward trend to a downward trend.
The 10-day moving average for GCI crossed bearishly below the 50-day moving average on September 12, 2023. This indicates that the trend has shifted lower and could be considered a sell signal. In of 16 past instances when the 10-day crossed below the 50-day, the stock continued to move higher over the following 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 GCI declined for three days, the price rose further in of 62 cases within the following month. The odds of a continued downward trend are .
Bullish Trend Analysis
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.
Following a 3-day Advance, the price is estimated to grow further. Considering data from situations where GCI advanced for three days, in of 266 cases, the price rose further within the following month. The odds of a continued upward trend are .
GCI may jump back above the lower band and head toward the middle band. Traders may consider buying the stock or exploring call options.
Fundamental Analysis (Ratings)
The Tickeron Price Growth Rating for this company is (best 1 - 100 worst), indicating steady price growth. GCI’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 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 (1.170) is normal, around the industry mean (2.215). P/E Ratio (59.172) is within average values for comparable stocks, (31.894). Projected Growth (PEG Ratio) (0.000) is also within normal values, averaging (7.405). Dividend Yield (0.066) settles around the average of (0.038) among similar stocks. P/S Ratio (0.127) is also within normal values, averaging (17.229).
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 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. GCI’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 89, placing this stock worse than average.
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 provider of print and digital publishing services
Industry PublishingBooksMagazines
GCI and
Correlation & Price change
A.I.dvisor indicates that over the last year, GCI has been loosely correlated with NYT. These tickers have moved in lockstep 37% of the time. This A.I.-generated data suggests there is some statistical probability that if GCI jumps, then NYT could also see price increases.