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Jun 12, 2023

Robots' Remarkable Gain: CROX Stock Surges Over 5% in Just One Week at $116.96.

Futures on the S&P 500 remained largely unchanged on Sunday evening as traders eagerly awaited the latest inflation data and the Federal Reserve's meeting this week.

Investors are wrapping up a positive week for the markets, with the S&P 500 posting gains for the fourth consecutive week and reaching its highest level since August. On Friday, the broader market index added 0.11%, closing at 4,298.86. The Dow Jones Industrial Average rose by 43.17 points or 0.13%, while the Nasdaq Composite increased by 0.16%. Our trading robots also ended the week positively for the most part, with many stocks seeing growth of over 5%. For instance, CROX stocks performed well, earning more than 5% for our robot mentioned in the link Swing-trader-Top-High-Volatility-Stocks-v-2-TA. Stocks like FCX, VALE, ENPH, GOOGL, and others also performed excellently, generating profits of over 5%.

Many investors point to the lack of participation beyond a few mega-cap technology stocks as a reason for their skepticism about the recent stock market rally. However, signs of easing inflation are giving some investors hope that the momentum will continue.

Investors will also be keeping an eye on the Consumer Price Index on Tuesday and the Federal Open Market Committee meeting.

Related Ticker: CROX

CROX's Indicator enters downward trend

The Aroon Indicator for CROX 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 135 similar instances where the Aroon Indicator formed such a pattern. In of the 135 cases the stock moved lower. This puts the odds of a downward move at .

Price Prediction Chart

Technical Analysis (Indicators)

Bearish Trend Analysis

The Momentum Indicator moved below the 0 level on September 06, 2023. You may want to consider selling the stock, shorting the stock, or exploring put options on CROX 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 CROX turned negative on September 13, 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 .

Following a 3-day decline, the stock is projected to fall further. Considering past instances where CROX 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 RSI Indicator shows that the ticker has stayed in the oversold zone for 3 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 Uptrend is expected.

The Stochastic Oscillator shows that the ticker has stayed in the oversold zone for 11 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 CROX advanced for three days, in of 337 cases, the price rose further within the following month. The odds of a continued upward trend are .

CROX 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)

Fear & Greed

The Tickeron SMR rating for this company is (best 1 - 100 worst), indicating very strong sales and a profitable 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 well-balanced risk and returns. The average Profit vs. Risk Rating rating for the industry is 83, placing this stock slightly better than average.

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 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 fairly steady price growth. CROX’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 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 (4.472) is normal, around the industry mean (2.916). P/E Ratio (8.065) is within average values for comparable stocks, (27.034). CROX's Projected Growth (PEG Ratio) (0.000) is slightly lower than the industry average of (1.696). CROX has a moderately low Dividend Yield (0.000) as compared to the industry average of (0.043). P/S Ratio (1.389) is also within normal values, averaging (1.641).

Notable companies

The most notable companies in this group are Nike (NYSE:NKE), Skechers USA (NYSE:SKX), VF Corp (NYSE:VFC), Canada Goose Holdings (NYSE:GOOS), G-III Apparel Group Ltd (NASDAQ:GIII), Lakeland Industries (NASDAQ:LAKE).

Industry description

Apparel/footwear might be slightly more ‘cyclical’ in the largely non-cyclical category of non-durables. While digital giants like Amazon have been rapidly expanding their presence, traditional clothing/footwear retailers have also been bulking up their online presence in recent years, to milk the burgeoning trend of online shopping among consumers across the globe. The apparel and footwear retail market was valued at around $ 360 billion in 2018, and this figure was expected to reach about $386 billion by 2020 (according to a Statista report). NIKE, Inc, V.F. Corporation and Under Armour, Inc. are some of the companies with the largest U.S. stock market caps in this segment.

Market Cap

The average market capitalization across the Apparel/Footwear Industry is 5.34B. The market cap for tickers in the group ranges from 1.66K to 138.62B. NKE holds the highest valuation in this group at 138.62B. The lowest valued company is SQBGQ at 1.66K.

High and low price notable news

The average weekly price growth across all stocks in the Apparel/Footwear Industry was -3%. For the same Industry, the average monthly price growth was -4%, and the average quarterly price growth was -5%. JNBYF experienced the highest price growth at 49%, while PXFG experienced the biggest fall at -50%.

Volume

The average weekly volume growth across all stocks in the Apparel/Footwear Industry was 22%. For the same stocks of the Industry, the average monthly volume growth was 32% and the average quarterly volume growth was 34%

Fundamental Analysis Ratings

The average fundamental analysis ratings, where 1 is best and 100 is worst, are as follows

Valuation Rating: 48
P/E Growth Rating: 63
Price Growth Rating: 60
SMR Rating: 61
Profit Risk Rating: 82
Seasonality Score: -4 (-100 ... +100)
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A.I.Advisor
published price charts
A.I. Advisor
published General Information

General Information

a retailer of footwear for men, women and children

Industry ApparelFootwear

Profile
Fundamentals
Details
Industry
Apparel Or Footwear
Address
13601 Via Varra
Phone
+1 303 848-7000
Employees
6680
Web
https://www.crocs.com
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CROX and

Correlation & Price change

A.I.dvisor indicates that over the last year, CROX has been closely correlated with DECK. These tickers have moved in lockstep 66% of the time. This A.I.-generated data suggests there is a high statistical probability that if CROX jumps, then DECK could also see price increases.

1D
1W
1M
1Q
6M
1Y
5Y
Ticker /
NAME
Correlation
To CROX
1D Price
Change %
CROX100%
-2.84%
DECK - CROX
66%
Closely correlated
-1.82%
SKX - CROX
58%
Loosely correlated
-1.85%
UA - CROX
57%
Loosely correlated
-0.83%
UAA - CROX
56%
Loosely correlated
-1.38%
PVH - CROX
53%
Loosely correlated
-3.24%
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