Swing Trader Sees 8.18% AIRC Gain, Predicts Uptrend - Bollinger Band Break
Swing Trader Performance Analysis: AIRC Gains Momentum in Consumer, Energy, and Financial Sectors
Diversification across the Consumer, Energy, and Financial Sectors continues to reap substantial profits for the swing trader AIRC, generating a notable 8.18% return on investment. AIRC's diversified approach, balancing its holdings across these different sectors, is a strategic maneuver that has led to significant payoffs in terms of increased profitability and the ability to harness opportunities in various market conditions.
The compelling tale of AIRC's successful swing trading strategy was further accentuated on June 22, 2023, when the stock price broke its lower Bollinger Band, indicating a possible upward trend. The Bollinger Bands, a widely used technical analysis tool, can offer valuable insights into the volatility and price levels that may potentially signify an upcoming price reversal.
Historically, AIRC has shown promising resilience following the break of its lower Bollinger Band. In fact, out of 14 instances where AIRC's price broke through its lower band, it rose further during the subsequent month in 10 of those cases. This gives traders a statistical probability of approximately 71% that AIRC's price will continue on an upward trend after breaking its lower band.
Given this historical data, traders might consider buying the stock or exploring call options in anticipation of future price increases. It's also worth noting that such a breakthrough often precedes a return toward the middle band. Hence, for those looking to harness the momentum in AIRC's trajectory, now appears to be a prime opportunity.
AIRC's performance underlines the power of a diversified trading strategy in extracting value from multiple sectors. Swing trading in the Consumer, Energy, and Financial sectors has allowed AIRC to not only weather market volatility but also to thrive amidst it.
With AIRC on a possible upward trend, it provides an interesting case for investors and traders. As it continues to break boundaries and exploit diverse opportunities, AIRC's story stands as a testament to the strength of a well-executed, diversified swing trading strategy.
AIRC sees MACD Histogram just turned negative
AIRC saw its Moving Average Convergence Divergence Histogram (MACD) turn negative on September 07, 2023. This is a bearish signal that suggests the stock could decline going forward. Tickeron's A.I.dvisor looked at 30 instances where the indicator turned negative. In of the 30 cases the stock moved lower in the days that followed. This puts the odds of a downward move at .
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 AIRC as a result. In of 46 cases where the Momentum Indicator fell below 0, the stock fell further within the subsequent 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 AIRC 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 AIRC entered a downward trend on September 18, 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 entered the oversold zone -- be on the watch for AIRC's price rising or consolidating in the future. That's also the time to consider buying the stock or exploring call options.
The Stochastic Oscillator shows that the ticker has stayed in the oversold zone for 11 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 AIRC advanced for three days, in of 164 cases, the price rose further within the following month. The odds of a continued upward trend are .
AIRC 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 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 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 (2.332) is normal, around the industry mean (2.015). P/E Ratio (15.152) is within average values for comparable stocks, (43.715). Projected Growth (PEG Ratio) (1.863) is also within normal values, averaging (6.375). Dividend Yield (0.058) settles around the average of (0.071) among similar stocks. P/S Ratio (5.705) is also within normal values, averaging (6.254).
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. AIRC’s price grows at a lower 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 that the returns do not compensate for the risks. AIRC’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 86, 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
Industry RealEstateInvestmentTrusts
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| KTEC | 12.21 | 0.44 | +3.75% |
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| SPDR® SSgA Multi-Asset Real Return ETF | |||
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| Hull Tactical US ETF | |||
| FMF | 49.08 | -0.44 | -0.89% |
| First Trust Managed Future Strategy ETF | |||
| ITA | 106.13 | -0.99 | -0.92% |
| iShares US Aerospace & Defense ETF | |||
AIRC and
Correlation & Price change
A.I.dvisor indicates that over the last year, AIRC has been closely correlated with EQR. These tickers have moved in lockstep 91% of the time. This A.I.-generated data suggests there is a high statistical probability that if AIRC jumps, then EQR could also see price increases.
| Ticker / NAME | Correlation To AIRC | 1D Price Change % | ||
|---|---|---|---|---|
| AIRC | 100% | -1.48% | ||
| EQR - AIRC | 91% Closely correlated | -1.44% | ||
| UDR - AIRC | 91% Closely correlated | -1.28% | ||
| AVB - AIRC | 90% Closely correlated | -1.04% | ||
| CPT - AIRC | 89% Closely correlated | -1.27% | ||
| MAA - AIRC | 88% Closely correlated | -1.49% | ||
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