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The Sky's the Limit: AirSculpt Technologies (AIRS) Takes Off with a 31.51% Gain

AIRS sees its Stochastic Oscillator ascends from oversold territory

On October 08, 2024, the Stochastic Oscillator for AIRS moved out of oversold territory and this could be a bullish sign for the stock. Traders may want to buy the stock or buy call options. Tickeron's A.I.dvisor looked at 36 instances where the indicator left the oversold zone. In of the 36 cases the stock moved higher in the following days. This puts the odds of a move higher at over .

Technical Analysis (Indicators)

Bullish Trend Analysis

The Momentum Indicator moved above the 0 level on October 11, 2024. You may want to consider a long position or call options on AIRS as a result. In of 50 past instances where the momentum indicator moved above 0, the stock continued to climb. The odds of a continued upward trend are .

The Moving Average Convergence Divergence (MACD) for AIRS just turned positive on October 11, 2024. Looking at past instances where AIRS's MACD turned positive, the stock continued to rise in of 27 cases over the following month. The odds of a continued upward trend are .

AIRS moved above its 50-day moving average on September 17, 2024 date and that indicates a change from a downward trend to an upward trend.

The 10-day moving average for AIRS crossed bullishly above the 50-day moving average on September 23, 2024. This indicates that the trend has shifted higher and could be considered a buy signal. In of 7 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 AIRS advanced for three days, in of 163 cases, the price rose further within the following month. The odds of a continued upward trend are .

Bearish Trend Analysis

The 10-day RSI Indicator for AIRS moved out of overbought territory on September 27, 2024. This could be a bearish sign for the stock. Traders may want to consider selling the stock or buying put options. Tickeron's A.I.dvisor looked at 18 similar instances where the indicator moved out of overbought territory. In of the 18 cases, the stock moved lower in the following days. This puts the odds of a move lower at .

Following a 3-day decline, the stock is projected to fall further. Considering past instances where AIRS declined for three days, the price rose further in of 62 cases within the following month. The odds of a continued downward trend are .

AIRS broke above its upper Bollinger Band on September 19, 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.

Fundamental Analysis (Ratings)

Tickeron has a negative outlook on this ticker and predicts a further decline by more than 4.00% within the next month with a likelihood of 86%.

The Tickeron Price Growth Rating for this company is (best 1 - 100 worst), indicating steady price growth. AIRS’s price grows at a higher rate over the last 12 months as compared to S&P 500 index constituents.

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 Valuation Rating of (best 1 - 100 worst) indicates that the company is significantly 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 (4.102) is normal, around the industry mean (4.471). P/E Ratio (185.185) is within average values for comparable stocks, (71.137). AIRS's Projected Growth (PEG Ratio) (0.000) is very low in comparison to the industry average of (1.595). AIRS has a moderately low Dividend Yield (0.000) as compared to the industry average of (0.026). P/S Ratio (1.739) is also within normal values, averaging (20.337).

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 Profit vs. Risk Rating rating for this company is (best 1 - 100 worst), indicating that the returns do not compensate for the risks. AIRS’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.