Sector Rotation Swing Trading (TA&FA) Boosts ICHR by 16.25% Predicted Growth
Swing Trader: Sector Rotation Strategy (TA&FA) Generates 16.25% for ICHR
The Swing Trader's sector rotation strategy, which combines technical analysis (TA) and fundamental analysis (FA), has proven to be highly successful for ICHR, yielding a remarkable return of 16.25%. This strategy capitalizes on short-term market movements, aiming to take advantage of price swings within specific sectors.
After experiencing a significant 4.01% increase over the past three days, ICHR's price is poised for further growth. Historical data analysis reveals that in 238 out of 299 instances where ICHR displayed a three-day advance, the price continued to rise within the subsequent month. This statistical observation implies that there is an 80% chance of ICHR maintaining its upward trend.
The Swing Trader's sector rotation strategy leverages both technical and fundamental analysis to identify potential opportunities in the market. Technical analysis involves studying price patterns, trends, and indicators, while fundamental analysis focuses on evaluating a company's financial health, industry outlook, and overall market conditions. By combining these two approaches, Swing Trader seeks to maximize profits by identifying sectors with strong growth potential and selecting individual stocks within those sectors.
The recent performance of ICHR exemplifies the effectiveness of this strategy. By capitalizing on the three-day advance and considering the historical trend, the Swing Trader is confident in the continued upward trajectory of ICHR's price. However, it is essential to note that investing always carries inherent risks, and market conditions can change rapidly. Therefore, investors should carefully assess their own risk tolerance and conduct thorough research before making any investment decisions.
The Swing Trader's sector rotation strategy, which incorporates technical and fundamental analysis, has delivered impressive results for ICHR, generating a return of 16.25%. Based on historical data, there is an 80% chance of ICHR sustaining its upward trend following a three-day advance. Investors who are interested in short-term trading strategies and are comfortable with the associated risks may find this approach beneficial. However, it is crucial to exercise due diligence and consider the dynamic nature of the financial markets before making any investment choices.
ICHR in upward trend: price may jump up because it broke its lower Bollinger Band on October 15, 2024
ICHR may jump back above the lower band and head toward the middle band. Traders may consider buying the stock or exploring call options. In of 43 cases where ICHR's price broke its lower Bollinger Band, its price rose further in the following month. The odds of a continued upward trend are .
Technical Analysis (Indicators)
Bullish Trend Analysis
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 ICHR advanced for three days, in of 290 cases, the price rose further within the following month. The odds of a continued upward trend are .
Bearish Trend Analysis
The Momentum Indicator moved below the 0 level on October 10, 2024. You may want to consider selling the stock, shorting the stock, or exploring put options on ICHR as a result. In of 78 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 ICHR turned negative on October 15, 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 50 similar instances when the indicator turned negative. In of the 50 cases the stock turned lower in the days that followed. This puts the odds of success at .
ICHR moved below its 50-day moving average on October 15, 2024 date and that indicates a change from an upward trend to a downward trend.
The 10-day moving average for ICHR crossed bearishly below the 50-day moving average on October 17, 2024. This indicates that the trend has shifted lower and could be considered a sell signal. In of 13 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 ICHR 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 Aroon Indicator for ICHR entered a downward trend on October 28, 2024. This could indicate a strong downward move is ahead for the stock. Traders may want to consider selling the stock or buying put options.
The Tickeron PE Growth Rating for this company is (best 1 - 100 worst), pointing to outstanding 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 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 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 (2.239) is normal, around the industry mean (7.487). P/E Ratio (33.557) is within average values for comparable stocks, (58.779). Projected Growth (PEG Ratio) (0.000) is also within normal values, averaging (2.825). ICHR has a moderately low Dividend Yield (0.000) as compared to the industry average of (0.020). P/S Ratio (1.381) is also within normal values, averaging (43.322).
The Tickeron Price Growth Rating for this company is (best 1 - 100 worst), indicating fairly steady price growth. ICHR’s price grows at a lower rate over the last 12 months as compared to 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. ICHR’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 67, placing this stock worse than average.
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.
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 holding company whose subsidiary manufactures gas and chemical delivery systems for semiconductor process equipment
Industry Semiconductors