Swing Trade Success: 27.71% $LBRT Growth via Sector Rotation
Impressive Performance: Swing Trader’s Sector Rotation Strategy (TA&FA) Generates 27.71% for LBRT
Harnessing the power of technical and financial analysis (TA&FA), the swing trader’s sector rotation strategy has recently yielded an impressive 27.71% return on Liberty Oilfield Services Inc. (LBRT). The company, an industry leader in hydraulic fracturing and other well-stimulation services has demonstrated a positive price trajectory, suggesting a strong potential for additional growth.
Over the course of three days, LBRT saw an impressive +5.49% advance, a trend the sector rotation strategy has capitalized upon. Historically, three-day advances have been a strong indicator of further price growth. When examining previous instances where LBRT advanced for three consecutive days, the data shows that in 271 out of 326 cases, or 83% of the time, the price continued to rise in the subsequent month.
Given this strong precedent, the data suggests that LBRT is poised for further growth. The swing trader’s sector rotation strategy has been particularly effective in leveraging these trends. By actively shifting investments to the most favorable industries or sectors, this strategy has been able to deliver strong returns.
Sector rotation strategies rely on the cyclical nature of the economy. Investors utilizing this approach anticipate changes in economic cycles and adjust their portfolios accordingly, rotating into sectors that are expected to outperform and out of sectors projected to underperform. The goal is to capitalize on the changing economic winds by investing in sectors that are poised for growth.
In the case of LBRT, the recent advancement represents a significant opportunity. With an 83% chance of continued growth over the next month, the company is well-positioned for investors using a sector rotation strategy.
The swing trader’s approach to sector rotation, which combines technical and financial analysis (TA&FA), has demonstrated its efficacy in the case of LBRT. The strategy’s substantial 27.71% yield underscores the potential profitability of this method when it's utilized effectively. This method provides a robust framework for identifying lucrative opportunities in the market and could be a valuable tool for investors seeking to maximize their returns.
LBRT's RSI Indicator ascends from oversold territory
The RSI Indicator for LBRT moved out of oversold territory on October 24, 2024. This could be a sign that the stock is shifting from a downward trend to an upward trend. Traders may want to buy the stock or call options. The A.I.dvisor looked at 23 similar instances when the indicator left oversold territory. In of the 23 cases the stock moved higher. This puts the odds of a move higher at .
Technical Analysis (Indicators)
Bullish Trend Analysis
The Stochastic Oscillator shows that the ticker has stayed in the oversold zone for 7 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 LBRT advanced for three days, in of 317 cases, the price rose further within the following month. The odds of a continued upward trend are .
LBRT 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 Momentum Indicator moved below the 0 level on October 17, 2024. You may want to consider selling the stock, shorting the stock, or exploring put options on LBRT as a result. In of 86 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 LBRT turned negative on October 17, 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 44 similar instances when the indicator turned negative. In of the 44 cases the stock turned lower in the days that followed. This puts the odds of success at .
LBRT moved below its 50-day moving average on October 17, 2024 date and that indicates a change from an upward trend to a downward trend.
The 10-day moving average for LBRT crossed bearishly below the 50-day moving average on October 18, 2024. This indicates that the trend has shifted lower and could be considered a sell signal. In of 16 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 .
The 50-day moving average for LBRT moved below the 200-day moving average on September 26, 2024. 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 LBRT 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 LBRT 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 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 74, placing this stock slightly 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 (1.891) is normal, around the industry mean (2.441). P/E Ratio (6.657) is within average values for comparable stocks, (42.255). Projected Growth (PEG Ratio) (0.000) is also within normal values, averaging (2.692). Dividend Yield (0.011) settles around the average of (0.040) among similar stocks. P/S Ratio (0.779) is also within normal values, averaging (1.557).
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 slightly worse than average price growth. LBRT’s price grows at a lower rate over the last 12 months as compared to S&P 500 index constituents.
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General Information
a oilfield service company which provides specialized stimulation services to optimize well production
Industry OilfieldServicesEquipment