Swing Trader: Sector Rotation Strategy (TA&FA) TER 22.2% Returns
Swing Trader: Sector Rotation Strategy (TA&FA) Generates for TER 22.2%
Aroon Indicator Suggests Upward Move for TER
The sector rotation strategy has long been employed by swing traders to capitalize on market trends and maximize profits. By carefully analyzing technical and fundamental factors, swing traders identify sectors poised for growth and strategically allocate their investments. In the case of TER (Ticker: TER), an analysis combining both technical analysis (TA) and fundamental analysis (FA) indicates a potential opportunity for swing traders, with a remarkable return of 22.2% being generated. Furthermore, the Aroon indicator, a popular technical tool, suggests that TER is likely to experience an upward move. This article explores the swing trader's strategy, the factors driving TER's performance, and the implications for investors.
The Swing Trader's Strategy:
Swing traders employ a sector rotation strategy to take advantage of short to medium-term market movements. This strategy involves identifying sectors or industries that are expected to outperform the broader market. By carefully analyzing technical indicators, such as price patterns and trend lines, swing traders aim to enter positions at opportune times, maximizing potential gains. Additionally, swing traders consider fundamental factors, including industry-specific news, financial performance, and market sentiment, to identify sectors with favorable prospects.
TER's Performance:
TER, a stock that swing traders have identified for potential profit, has generated a significant return of 22.2%. This impressive performance can be attributed to a combination of technical and fundamental factors. On the technical side, indicators such as moving averages, volume patterns, and the Aroon indicator have provided insights into TER's price action and future trajectory. Fundamental analysis has also played a crucial role, with TER demonstrating strong financials, a positive industry outlook, and favorable market conditions.
The Aroon Indicator:
One notable technical indicator used by swing traders is the Aroon indicator. This tool measures the strength and direction of a trend, providing insights into the likelihood of a stock's future price movements. The Aroon indicator consists of two lines: the Aroon-Up line, which measures the strength of the uptrend, and the Aroon-Down line, which measures the strength of the downtrend. When the Aroon-Up line crosses above the Aroon-Down line, it suggests a potential upward move in the stock's price.
The sector rotation strategy, combining technical and fundamental analysis, has yielded impressive results for swing traders in the case of TER, generating a return of 22.2%. Furthermore, the Aroon indicator suggests that TER is likely to experience an upward move. While swing traders and investors may find this information valuable, it is crucial to exercise caution and conduct thorough research before making any investment decisions. By understanding the dynamics of the market and employing a well-informed strategy, swing traders can increase their chances of success and potentially capitalize on favorable market trends.
TER in downward trend: price dove below 50-day moving average on September 05, 2023
TER moved below its 50-day moving average on September 05, 2023 date and that indicates a change from an upward trend to a downward trend. In of 39 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 Momentum Indicator moved below the 0 level on September 07, 2023. You may want to consider selling the stock, shorting the stock, or exploring put options on TER 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 TER turned negative on September 08, 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 46 similar instances when the indicator turned negative. In of the 46 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 TER declined for three days, the price rose further in of 62 cases within the following month. The odds of a continued downward trend are .
TER broke above its upper Bollinger Band on August 29, 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 TER entered a downward trend on August 29, 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 points to a transition from a downward trend to an upward trend -- in cases where TER's RSI Oscillator exited the oversold zone, of 25 resulted in an increase in price. Tickeron's analysis proposes that the odds of a continued upward trend are .
The Stochastic Oscillator shows that the ticker has stayed in the oversold zone for 12 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 TER advanced for three days, in of 316 cases, the price rose further within the following month. The odds of a continued upward trend are .
Fundamental Analysis (Ratings)
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 63, placing this stock slightly better than average.
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 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 (6.101) is normal, around the industry mean (7.944). P/E Ratio (28.571) is within average values for comparable stocks, (53.779). Projected Growth (PEG Ratio) (0.935) is also within normal values, averaging (2.342). Dividend Yield (0.005) settles around the average of (0.022) among similar stocks. P/S Ratio (5.590) is also within normal values, averaging (72.586).
The Tickeron Price Growth Rating for this company is (best 1 - 100 worst), indicating fairly steady price growth. TER’s price grows at a lower rate over the last 12 months as compared to 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
an electronic test systems manufacturer
Industry Semiconductors
TER and
Correlation & Price change
A.I.dvisor indicates that over the last year, TER has been closely correlated with AMAT. These tickers have moved in lockstep 85% of the time. This A.I.-generated data suggests there is a high statistical probability that if TER jumps, then AMAT could also see price increases.
| Ticker / NAME | Correlation To TER | 1D Price Change % | ||
|---|---|---|---|---|
| TER | 100% | -0.63% | ||
| AMAT - TER | 85% Closely correlated | -1.84% | ||
| SWKS - TER | 83% Closely correlated | -1.87% | ||
| NXPI - TER | 83% Closely correlated | -1.58% | ||
| MCHP - TER | 82% Closely correlated | -1.78% | ||
| ON - TER | 82% Closely correlated | -4.56% | ||
More | ||||