Swing Trader Boosts BJRI: 10.16% Gain, 71% Upside Trend
Swing Trading Strategy Optimizes Returns in Consumer, Energy, and Financial Sectors: BJRI Generates 10.16%
In the ever-evolving world of investing, it's critical to find unique strategies that allow for optimal returns. One such method gaining traction is swing trading, a practice commonly utilized across various sectors, including the consumer, energy, and financial domains. A prime example of swing trading's potential is seen in BJ's Restaurants, Inc. (BJRI), which recently generated a notable 10.16% return.
Swing trading is a tactic often employed by investors looking for short-to-medium-term gains. It involves holding onto security for a certain period, typically a few days to a couple of weeks, and taking advantage of price fluctuations within that timeframe. This approach seems to work particularly well for diversified sectors such as consumer, energy, and finance.
In BJRI's case, the company experienced a +3.18% advance over three days. While this in itself is noteworthy, the data suggests even more potential. Historical data analysis shows that when BJRI advances for three consecutive days, there's a high likelihood, approximately 71%, that the price will continue to rise over the following month.
Out of 297 cases where BJRI advanced for three days, the price grew further in 210 situations within the next month. This is a compelling statistic for investors as it indicates a probable continuation of the upward trend. Given the current market's volatile environment, the ability to predict potential upticks based on past trends can provide investors with a significant edge.
The consistent performance in sectors such as consumer, energy, and financial sectors points to the strength and resilience of swing trading as an investment strategy. By utilizing this approach, investors can maximize gains by capitalizing on short-term price changes, as demonstrated by BJRI's impressive 10.16% return.
Swing trading in diversified sectors has proven to be a viable investment strategy, showcasing significant returns as illustrated by BJRI's recent performance. It's an innovative approach that offers substantial growth potential, allowing investors to optimize their portfolio performance through a comprehensive understanding of market trends and historical data.
BJRI in downward trend: price dove below 50-day moving average on August 15, 2023
BJRI moved below its 50-day moving average on August 15, 2023 date and that indicates a change from an upward trend to a downward trend. In of 43 similar past instances, the stock price decreased further within the following month. The odds of a continued downward trend are .
Technical Analysis (Indicators)
Bearish Trend Analysis
The 10-day moving average for BJRI crossed bearishly below the 50-day moving average on August 21, 2023. 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 .
Following a 3-day decline, the stock is projected to fall further. Considering past instances where BJRI 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 BJRI entered a downward trend on September 20, 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.
Bullish Trend Analysis
The RSI Indicator shows that the ticker has stayed in the oversold zone for 18 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.
Following a 3-day Advance, the price is estimated to grow further. Considering data from situations where BJRI advanced for three days, in of 295 cases, the price rose further within the following month. The odds of a continued upward trend are .
BJRI may jump back above the lower band and head toward the middle band. Traders may consider buying the stock or exploring call options.
Fundamental Analysis (Ratings)
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 (1.656) is normal, around the industry mean (9.361). P/E Ratio (34.722) is within average values for comparable stocks, (199.606). Projected Growth (PEG Ratio) (1.058) is also within normal values, averaging (1.519). BJRI has a moderately low Dividend Yield (0.000) as compared to the industry average of (0.032). P/S Ratio (0.455) is also within normal values, averaging (3.458).
The Tickeron Price Growth Rating for this company is (best 1 - 100 worst), indicating slightly worse than average price growth. BJRI’s price grows at a lower 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 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.
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.
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. BJRI’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 83, placing this stock worse than average.
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
an operator of restaurants
Industry Restaurants
BJRI and
Correlation & Price change
A.I.dvisor indicates that over the last year, BJRI has been closely correlated with CAKE. These tickers have moved in lockstep 72% of the time. This A.I.-generated data suggests there is a high statistical probability that if BJRI jumps, then CAKE could also see price increases.
| Ticker / NAME | Correlation To BJRI | 1D Price Change % | ||
|---|---|---|---|---|
| BJRI | 100% | -1.13% | ||
| CAKE - BJRI | 72% Closely correlated | +0.10% | ||
| BLMN - BJRI | 63% Loosely correlated | -0.97% | ||
| EAT - BJRI | 61% Loosely correlated | +1.16% | ||
| TXRH - BJRI | 61% Loosely correlated | -0.31% | ||
| DENN - BJRI | 60% Loosely correlated | -1.46% | ||
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