Superior Swing Trading: VC's Sector Rotation Yields 16.51% Returns
Swing Trader: Sector Rotation Strategy (TA&FA) Generates 16.51% for VC
The Swing Trader: Sector Rotation Strategy combining both technical analysis (TA) and fundamental analysis (FA) has proven to be a successful approach for generating returns. One notable beneficiary of this strategy is VC, which has experienced a remarkable gain of 16.51%.
Bullish Trend Analysis
A key indicator signaling a potential upward movement for VC is the Stochastic Oscillator, which currently resides in the oversold zone. This suggests that the stock may be due for a positive price reversal in the near future. Traders and investors should closely monitor this development as it could lead to profitable opportunities.
Furthermore, VC recently surpassed its 50-day moving average on June 06, 2023. This crossing above the moving average is indicative of a shift from a downward trend to an upward trend. Such a shift is often viewed as a bullish signal, suggesting that the stock may have the potential for further gains.
By employing the Swing Trader: Sector Rotation Strategy, which combines both technical and fundamental analysis, VC has managed to generate an impressive return of 16.51%. This demonstrates the effectiveness of this strategy in identifying profitable opportunities within the market.
VC's MACD Histogram crosses above signal line
The Moving Average Convergence Divergence (MACD) for VC turned positive on August 30, 2023. Looking at past instances where VC's MACD turned positive, the stock continued to rise in of 41 cases over the following month. The odds of a continued upward trend are .
Technical Analysis (Indicators)
Bullish Trend Analysis
Following a 3-day Advance, the price is estimated to grow further. Considering data from situations where VC advanced for three days, in of 316 cases, the price rose further within the following month. The odds of a continued upward trend are .
Bearish Trend Analysis
The Stochastic Oscillator may be shifting from an upward trend to a downward trend. In of 63 cases where VC's Stochastic Oscillator exited the overbought zone, the price fell further within the following month. The odds of a continued downward trend are .
The Momentum Indicator moved below the 0 level on September 26, 2023. You may want to consider selling the stock, shorting the stock, or exploring put options on VC as a result. In of 87 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 50-day moving average for VC moved below the 200-day moving average on August 28, 2023. This could be a long-term bearish signal for the stock as the stock shifts to an downward trend.
Following a 3-day decline, the stock is projected to fall further. Considering past instances where VC declined for three days, the price rose further in of 62 cases within the following month. The odds of a continued downward trend are .
VC broke above its upper Bollinger Band on September 01, 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 VC entered a downward trend on August 23, 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 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 Price Growth Rating for this company is (best 1 - 100 worst), indicating steady price growth. VC’s price grows at a higher 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 well-balanced risk and returns. The average Profit vs. Risk Rating rating for the industry is 88, placing this stock slightly better than average.
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 (5.556) is normal, around the industry mean (3.080). P/E Ratio (30.030) is within average values for comparable stocks, (39.422). Projected Growth (PEG Ratio) (0.000) is also within normal values, averaging (2.670). VC has a moderately low Dividend Yield (0.000) as compared to the industry average of (0.034). P/S Ratio (0.983) is also within normal values, averaging (5.448).
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.
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 automotive vehicles and supplies automotive parts
Industry AutoPartsOEM
VC and
Correlation & Price change
A.I.dvisor indicates that over the last year, VC has been closely correlated with APTV. These tickers have moved in lockstep 75% of the time. This A.I.-generated data suggests there is a high statistical probability that if VC jumps, then APTV could also see price increases.