Surging Performance: Transportation Industry ($ASLE, $UP) Sees Impressive 11.1% Growth in One Week
Tickers in the industry - $PAC, $OMAB, $ASR, $CAAP, $ASLE, $BLDE, $JOBY, $UP
Robots for this industry:
Swing Trader, Long Only: Valuation & Efficiency Model (TA&FA) - 30-day Annualized Return +58%
The Other Transportation industry has witnessed a remarkable surge of +11.1% in its performance over the past week, catching the attention of investors and analysts alike. This article delves into the exciting developments within this industry, with a specific focus on two key tickers: ASLE and UP.
Industry Insights: Navigating Other Transportation
The Other Transportation industry encompasses a wide array of services, ranging from airport ground transportation and management to shipping services and public infrastructure operations such as bridges, expressways, taxis, and subways. Prominent players in this sector include Grupo Aero-pac, Corporacion America Airports S.A., and Matson, Inc.
Market Cap Dynamics
The average market capitalization for companies in the Other Transportation industry stands at 7.9 billion dollars. Among the tickers in this group, ARPRF commands the highest valuation at 29.8 billion dollars, while SKAS holds the distinction of being the lowest valued company at 4.3 million dollars.
Price Performance: Peaks and Valleys
The past week has been notable for the Other Transportation industry, with an average weekly price growth of 2.7%. However, over the past month and quarter, the industry has experienced average price contractions of -3.22% and -4.03%, respectively. In this landscape, UP emerges as a top performer, showcasing a remarkable 66.67% weekly price growth. Conversely, SKAS faces a challenging scenario, having encountered a significant -7.69% decline.
Volume Insights: The Ebb and Flow
While the average weekly volume growth across the Other Transportation industry was -1.5%, the monthly average witnessed a substantial decrease of -63.52%. However, the quarter displayed an impressive growth rate of 106.78%. Specific tickers within the industry, like UP, have exhibited staggering volume growth, often surpassing their 65-Day Volume Moving Averages by substantial margins.
ASLE: Momentum Shift
Ticker ASLE, characterized by its RSI Oscillator rebounding from oversold territory on August 17, 2023, is generating considerable interest. This shift suggests a potential transition from a downward trend to an upward trajectory. An analysis of similar instances shows that the odds of a price increase are at an encouraging 81%. With ASLE currently trading between support lines at $15.57 and $11.52, and having experienced a +3% uptrend in the week of 08/23/23 - 08/30/23, it appears poised for positive momentum.
UP: Reversal and Potential
UP has also demonstrated noteworthy developments, as its RSI Indicator moved out of oversold territory on August 14, 2023. This shift implies a potential shift from a downtrend to an upward trend, with a strong historical precedent - 86% of similar cases resulted in upward price movement. While currently trading below the lowest support line at $2.02, UP's recent +20% uptrend during the week of 08/23/23 - 08/30/23 signals renewed investor interest.
Summary
The Other Transportation industry's recent surge presents intriguing investment prospects. Tickers like ASLE and UP have emerged as compelling options, with their RSI indicators hinting at potential shifts in momentum. As the industry continues to evolve, vigilant investors stand to capitalize on emerging opportunities within this dynamic sector.
PAC's Stochastic Oscillator remains in oversold zone for 4 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.
Technical Analysis (Indicators)
Bullish Trend Analysis
Following a 3-day Advance, the price is estimated to grow further. Considering data from situations where PAC advanced for three days, in of 343 cases, the price rose further within the following month. The odds of a continued upward trend are .
The Aroon Indicator entered an Uptrend today. In of 234 cases where PAC Aroon's Indicator entered an Uptrend, the price rose further within the following month. The odds of a continued Uptrend are .
Bearish Trend Analysis
The 10-day RSI Indicator for PAC moved out of overbought territory on December 06, 2024. 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 41 similar instances where the indicator moved out of overbought territory. In of the 41 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 December 18, 2024. You may want to consider selling the stock, shorting the stock, or exploring put options on PAC as a result. In of 95 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 PAC turned negative on December 13, 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 51 similar instances when the indicator turned negative. In of the 51 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 PAC declined for three days, the price rose further in of 62 cases within the following month. The odds of a continued downward trend are .
PAC broke above its upper Bollinger Band on December 05, 2024. 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 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 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 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 80, placing this stock better than average.
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 (6.863) is normal, around the industry mean (4.026). P/E Ratio (14.008) is within average values for comparable stocks, (40.079). Projected Growth (PEG Ratio) (4.408) is also within normal values, averaging (10.410). PAC has a moderately high Dividend Yield (0.052) as compared to the industry average of (0.026). P/S Ratio (4.085) is also within normal values, averaging (106.097).
The Tickeron Price Growth Rating for this company is (best 1 - 100 worst), indicating steady price growth. PAC’s price grows at a higher rate over the last 12 months as compared to S&P 500 index constituents.
The Tickeron Seasonality Score of (best 1 - 100 worst) indicates that the company is significantly overvalued 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.
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
an operator of airports in Mexico
Industry OtherTransportation