Soar Profits with AEHR: TA Downtrend Protection v.2 Boosts Gains by 6.97%
Swing Trader: Downtrend Protection v.2 (TA) Generates 6.97% for AEHR; Uptrend Continuation Expected
Aehr Test Systems (NASDAQ: AEHR), a leading semiconductor and electronics testing provider, has seen a significant uplift in its share price, currently sitting at $39.94. The company has been one of the top gainers this month, with an impressive price surge of +31.9%. The impressive performance can be partly attributed to the impact of the Swing Trader's Downtrend Protection v.2 (TA), an innovative technical analysis tool that has contributed to a 6.97% gain for AEHR.
The Downtrend Protection v.2 (TA) strategy, used by swing traders, is a revised algorithm that analyzes the market's price and volume fluctuations. It aims to offer protection during market downturns, thereby mitigating risk for investors and potentially generating improved returns. In AEHR's case, the tool has been successful in driving a 6.97% gain, demonstrating its efficacy in a challenging market environment.
Swing traders primarily capitalize on the volatility of the market over short to intermediate periods. They use both fundamental and technical analysis, such as Downtrend Protection v.2 (TA), to predict price movements and identify optimal entry and exit points. This particular strategy has proven beneficial for AEHR investors, who have enjoyed substantial gains this month.
The stock’s recent performance is not only a testament to the effectiveness of the Downtrend Protection v.2 (TA) strategy but also indicative of the bullish sentiment surrounding AEHR. The company's robust financial performance, coupled with positive sector trends, has been driving the upward price trajectory.
Analysts are increasingly optimistic about AEHR's prospects. Despite the significant price surge, many believe there is potential for further gains. The expectations of an uptrend continuation are high. Contributing factors to this positive outlook include the ongoing demand for semiconductor testing, AEHR's strong market position, and its robust financial performance.
However, as always in the world of trading and investing, past performance is not a guarantee of future returns. It's essential for investors to keep a close eye on the market trends, company fundamentals, and technical indicators such as the Downtrend Protection v.2 (TA) tool. Investors are also advised to maintain a balanced and diversified portfolio to mitigate risks.
The promising performance of AEHR, backed by the Downtrend Protection v.2 (TA) tool, paints an optimistic picture for the future. However, investors must remain vigilant and strategic in navigating the volatile world of swing trading.
AEHR sees its Stochastic Oscillator recovers from oversold territory
On September 27, 2023, the Stochastic Oscillator for AEHR moved out of oversold territory and this could be a bullish sign for the stock. Traders may want to buy the stock or buy call options. Tickeron's A.I.dvisor looked at 60 instances where the indicator left the oversold zone. In of the 60 cases the stock moved higher in the following days. This puts the odds of a move higher at over .
Technical Analysis (Indicators)
Bullish Trend Analysis
Following a 3-day Advance, the price is estimated to grow further. Considering data from situations where AEHR advanced for three days, in of 262 cases, the price rose further within the following month. The odds of a continued upward trend are .
AEHR may jump back above the lower band and head toward the middle band. Traders may consider buying the stock or exploring call options.
Bearish Trend Analysis
The 10-day RSI Indicator for AEHR moved out of overbought territory on September 07, 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 44 similar instances where the indicator moved out of overbought territory. In of the 44 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 13, 2023. You may want to consider selling the stock, shorting the stock, or exploring put options on AEHR as a result. In of 85 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 AEHR turned negative on September 14, 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 43 similar instances when the indicator turned negative. In of the 43 cases the stock turned lower in the days that followed. This puts the odds of success at .
AEHR moved below its 50-day moving average on September 20, 2023 date and that indicates a change from an upward trend to a downward trend.
The 10-day moving average for AEHR crossed bearishly below the 50-day moving average on September 21, 2023. This indicates that the trend has shifted lower and could be considered a sell signal. In of 14 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 AEHR 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 AEHR entered a downward trend on September 06, 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.
Fundamental Analysis (Ratings)
The Tickeron Profit vs. Risk Rating rating for this company is (best 1 - 100 worst), indicating low risk on high returns. The average Profit vs. Risk Rating rating for the industry is 62, placing this stock better than average.
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 seriously undervalued 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 Price Growth Rating for this company is (best 1 - 100 worst), indicating steady price growth. AEHR’s price grows at a higher rate over the last 12 months as compared to S&P 500 index constituents.
The Tickeron SMR rating for this company is (best 1 - 100 worst), indicating 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 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 (17.575) is normal, around the industry mean (7.927). P/E Ratio (92.593) is within average values for comparable stocks, (53.689). AEHR's Projected Growth (PEG Ratio) (0.000) is slightly lower than the industry average of (2.330). AEHR has a moderately low Dividend Yield (0.000) as compared to the industry average of (0.022). P/S Ratio (20.790) is also within normal values, averaging (72.520).
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 manufacturer of burn-in and test equipment for semiconductor manufacturing
Industry Semiconductors
AEHR and
Correlation & Price change
A.I.dvisor indicates that over the last year, AEHR has been loosely correlated with ON. These tickers have moved in lockstep 53% of the time. This A.I.-generated data suggests there is some statistical probability that if AEHR jumps, then ON could also see price increases.
| Ticker / NAME | Correlation To AEHR | 1D Price Change % | ||
|---|---|---|---|---|
| AEHR | 100% | -1.15% | ||
| ON - AEHR | 53% Loosely correlated | -1.19% | ||
| TER - AEHR | 53% Loosely correlated | +0.76% | ||
| KLAC - AEHR | 50% Loosely correlated | +0.10% | ||
| ACLS - AEHR | 50% Loosely correlated | +0.82% | ||
| STM - AEHR | 48% Loosely correlated | +1.05% | ||
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