Tremor International Ltd (TRMR, $6.56) drops on earnings
Tremor International Ltd (TRMR) has been making headlines recently due to its significant drop in stock price following its earnings report. As of March 07, 2023, TRMR moved below its 50-day moving average, indicating a change from an upward trend to a downward trend.
The dismal earnings announcement for TRMR is to blame for the stock's decline. The company's $0.10 earnings per share was below analysts' expectations of $0.15 per share. Furthermore, the company's revenue of $65 million fell short of analysts' forecasts of $70 million.
TRMR's poor earnings report has led to a drop in investor confidence, resulting in a decline in the company's stock price. As of March 07, 2023, TRMR's stock price was trading at $6.56, down from its previous closing price of $8.45.
The fact that TRMR moved below its 50-day moving average on March 07, 2023, is a significant indicator of a change in trend. This indicates that the stock is now in a downward trend, which could result in further declines in the stock price.
According to historical data, in 31 of 35 similar instances where a stock moved below its 50-day moving average, the stock price decreased further within the following month. This means that there is an 89% chance that TRMR's stock price will continue to decline in the coming weeks.
TRMR's recent drop in stock price following its earnings report and the fact that the stock has moved below its 50-day moving average are significant indicators of a change in trend.
NEXN in downward trend: price may decline as a result of having broken its higher Bollinger Band on October 17, 2024
NEXN broke above its upper Bollinger Band on October 17, 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 A.I.dvisor looked at 30 similar instances where the stock broke above the upper band. In of the 30 cases the stock fell afterwards. This puts the odds of success at .
Technical Analysis (Indicators)
Bearish Trend Analysis
The 10-day RSI Indicator for NEXN moved out of overbought territory on October 18, 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 20 similar instances where the indicator moved out of overbought territory. In of the 20 cases, the stock moved lower in the following days. This puts the odds of a move lower at .
The Stochastic Oscillator may be shifting from an upward trend to a downward trend. In of 39 cases where NEXN's Stochastic Oscillator exited the overbought zone, the price fell further within 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 NEXN declined for three days, the price rose further in of 62 cases within the following month. The odds of a continued downward trend are .
Bullish Trend Analysis
The Momentum Indicator moved above the 0 level on October 16, 2024. You may want to consider a long position or call options on NEXN as a result. In of 67 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 NEXN just turned positive on October 17, 2024. Looking at past instances where NEXN'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 .
Following a +1 3-day Advance, the price is estimated to grow further. Considering data from situations where NEXN advanced for three days, in of 207 cases, the price rose further within the following month. The odds of a continued upward trend are .
The Aroon Indicator entered an Uptrend today. In of 144 cases where NEXN Aroon's Indicator entered an Uptrend, the price rose further within the following month. The odds of a continued Uptrend are .
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 Price Growth Rating for this company is (best 1 - 100 worst), indicating steady price growth. NEXN’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 fair valued 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 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 (0.675) is normal, around the industry mean (5.919). P/E Ratio (0.000) is within average values for comparable stocks, (184.042). Projected Growth (PEG Ratio) (0.000) is also within normal values, averaging (2.366). NEXN has a moderately low Dividend Yield (0.000) as compared to the industry average of (0.037). P/S Ratio (1.133) is also within normal values, averaging (19.925).
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. NEXN’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 89, placing this stock better than average.
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.
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Fundamental Analysis Ratings
The average fundamental analysis ratings, where 1 is best and 100 is worst, are as follows
General Information
a provider of online digital video advertising networking services
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