Impressive Yields: Swing Trader Sector Rotation Strategy Produces 37.35% Returns for SM
Swing Trader's Sector Rotation Strategy, incorporating both Technical Analysis (TA) and Fundamental Analysis (FA), has presented outstanding returns, generating a striking 37.35% for the stock market symbol SM. This substantial increase demonstrates the potential potency of the sector rotation strategy within the swing trading environment, underscoring its effectiveness in today's financial market.
As of June 30, 2023, SM is riding a +2.86% uptrend, marking three days of consecutive growth. This consistent surge in value is typically considered a bullish sign within the investment community, signifying potential further growth. Investors should keep an eye on SM as it continues to demonstrate promising growth patterns that might lead to even more remarkable gains.
Historical data supports this optimistic perspective. When examining instances where SM advanced for three consecutive days, the price rose further in 229 out of 272 cases within the subsequent month. That translates to an 84% chance of continued upward momentum following a three-day growth streak.
The evidence suggests that the sector rotation strategy used by Swing Trader has the potential to continue to drive superior performance for SM. Incorporating both technical and fundamental analysis, this strategy identifies sectors of the economy that are poised for growth, then rotates investments to take advantage of these opportunities.
The consistent growth pattern displayed by SM has demonstrated the robustness of this approach, contributing to its impressive yield of 37.35%. The statistics point towards a continuation of this upward trend, making SM a stock to watch closely in the coming weeks.
Swing Trader's sector rotation strategy, which uses a blend of technical and fundamental analysis, has resulted in significant gains for SM. The present upward trend suggests this progress could be sustained, cementing the effectiveness of such a dual-analysis approach in today's evolving financial landscape. SM's strong performance reinforces the value of thoughtful, strategy-driven investing.
SM's Aroon Indicator triggered a bullish signal on October 16, 2024. Tickeron's A.I.dvisor detected that the AroonUp green line is above 70 while the AroonDown red line is below 30. When the up indicator moves above 70 and the down indicator remains below 30, it is a sign that the stock could be setting up for a bullish move. Traders may want to buy the stock or look to buy calls options. A.I.dvisor looked at 294 similar instances where the Aroon Indicator showed a similar pattern. In of the 294 cases, the stock moved higher in the days that followed. This puts the odds of a move higher at .
The Stochastic Oscillator shows that the ticker has stayed in the 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 upward trend is expected.
The 10-day moving average for SM crossed bullishly above the 50-day moving average on October 10, 2024. This indicates that the trend has shifted higher and could be considered a buy signal. In of 14 past instances when the 10-day crossed above the 50-day, the stock continued to move higher over the following month. The odds of a continued upward trend are .
Following a 3-day Advance, the price is estimated to grow further. Considering data from situations where SM advanced for three days, in of 314 cases, the price rose further within the following month. The odds of a continued upward trend are .
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 SM as a result. In of 99 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 SM turned negative on October 18, 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 48 similar instances when the indicator turned negative. In of the 48 cases the stock turned lower in the days that followed. This puts the odds of success at .
SM moved below its 50-day moving average on October 18, 2024 date and that indicates a change from an upward trend to a downward trend.
The 50-day moving average for SM moved below the 200-day moving average on September 18, 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 SM declined for three days, the price rose further in of 62 cases within the following month. The odds of a continued downward trend are .
SM broke above its upper Bollinger Band on October 03, 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 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 75, placing this stock better than average.
The Tickeron PE Growth Rating for this company is (best 1 - 100 worst), pointing to consistent 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 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 (1.619) is normal, around the industry mean (5.157). P/E Ratio (7.373) is within average values for comparable stocks, (19.593). Projected Growth (PEG Ratio) (0.660) is also within normal values, averaging (5.525). Dividend Yield (0.013) settles around the average of (0.085) among similar stocks. P/S Ratio (2.552) is also within normal values, averaging (152.932).
The Tickeron Price Growth Rating for this company is (best 1 - 100 worst), indicating steady price growth. SM’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.
The average fundamental analysis ratings, where 1 is best and 100 is worst, are as follows
a developer of natural gas and crude oil properties
Industry OilGasProduction