$UMC, $TROO, $KOPN: Liquid Crystal Companies Surge with a Remarkable +12.2% Performance Boost in the Past Week
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In the fast-paced world of the stock market, one theme that has recently captured the attention of investors is the Liquid Crystal companies. This group, comprising UMC, TROO, and KOPN, has shown remarkable resilience and growth, with a notable +12.2% increase in performance over the past week. Let's delve into the key factors driving this theme and analyze each ticker within it.
Positive Outlook and Volume Indicator
Today, stocks in the Liquid Crystal group are displaying a Positive Outlook, a sentiment reinforced by the Volume Indicator. Tickeron, a market intelligence platform, is optimistic about this group, predicting a further increase of more than 4.00% within the next month with a likelihood of 50%. The daily ratio of advancing to declining volumes over the last month was 1.23 to 1, signaling a healthy market sentiment.
Similar Positive Trends and Market Cap Analysis
Two stocks within this theme exhibit a similar positive trend based on 15 indicators, boasting an average likelihood of 89%. The average market capitalization across the Liquid Crystal theme is 6.6B, with individual market caps ranging from 175.7M to 19.4B. UMC leads with the highest valuation at 19.4B, while KOPN stands as the lowest valued company at 175.7M.
Highs and Lows: Price Growth Insights
The average weekly price growth across all stocks in the Liquid Crystal theme is an impressive 12.2%. For the same theme, the average monthly price growth stands at 14.14%, showcasing the dynamic nature of these stocks. However, the average quarterly price growth reveals a -6.62% dip. KOPN takes the lead in price growth at 18.08%, while UMC experiences a notable fall of 7.58%.
Notable News and Events
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KOPN's Surge: On 11/15/23 at 8:03 AM, KOPN emerged as a top weekly gainer for penny stocks, soaring by +22.31%. This indicates a robust performance within the penny stock realm.
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UMC's Resilience: On 11/3/23 at 6:26 AM, UMC displayed resilience as a top weekly gainer with a +5.62% jump. This was followed by an expectation of an uptrend continuation.
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UMC's Decline: On 9/21/23 at 11:53 AM, UMC experienced a decline of -5.04%, underlining the volatility inherent in these stocks.
Volume Trends and Analysis
The average weekly volume growth across all stocks in the Liquid Crystal theme was -56.51%. For the same stocks, the average monthly and quarterly volume growths were -54.85% and -67.4%, respectively. It's crucial to note the recent volume surges for KOPN:
- On 12/28/23 at 7:33 AM, KOPN's volume increased for a consecutive 5 days, with an average daily gain of 137%.
- On 12/23/23 at 6:08 AM, KOPN's volume increased for four consecutive days, resulting in a record-breaking daily growth of 112% of the 65-Day Volume Moving Average.
Ticker-Specific Trends: A Technical Analysis
1. UMC (United Microelectronic)
UMC sees a bullish signal as its 50-day moving average crosses above its 200-day moving average on December 14, 2023. With a current price of $8.52, the stock is trading between $13.60 resistance and $7.72 support lines. The month of 11/27/23 - 12/28/23 witnessed a +9% uptrend, with the week of 12/20/23 - 12/28/23 showing a similar growth.
2. TROO
TROO's RSI Oscillator ascends from oversold territory on December 18, 2023, indicating a potential shift from a downward to an upward trend. With a current price of $2.99, the stock is trading between $3.39 support and $2.45 resistance lines. The month of 11/27/23 - 12/28/23 experienced a -2% downtrend, while the week of 12/20/23 - 12/28/23 shows a +11% uptrend.
3. KOPN (Kopin)
KOPN's MACD Histogram crossing above the signal line on December 20, 2023, is a positive sign. With a current price of $2.09, the stock is above the highest support line found by A.I. at $1.01. The month of 11/27/23 - 12/28/23 witnessed a +31% uptrend, with the week of 12/20/23 - 12/28/23 showing a +25% uptrend.
In summary, the Liquid Crystal theme is marked by impressive overall growth, with individual stocks exhibiting unique trends. Investors should closely monitor the technical signals and the evolving market dynamics to make informed decisions in this dynamic sector.
UMC in -0.94% downward trend, declining for three consecutive days on December 16, 2024
Moving lower for three straight days is viewed as a bearish sign. Keep an eye on this stock for future declines. Considering data from situations where UMC declined for three days, in of 274 cases, the price declined 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 December 03, 2024. You may want to consider selling the stock, shorting the stock, or exploring put options on UMC as a result. In of 94 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 50-day moving average for UMC moved below the 200-day moving average on November 18, 2024. This could be a long-term bearish signal for the stock as the stock shifts to an downward trend.
The Aroon Indicator for UMC entered a downward trend on December 20, 2024. 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 Oscillator points to a transition from a downward trend to an upward trend -- in cases where UMC's RSI Indicator exited the oversold zone, of 21 resulted in an increase in price. Tickeron's analysis proposes that the odds of a continued upward trend are .
The Stochastic Oscillator suggests the stock price trend may be in a reversal from a downward trend to an upward trend. of 64 cases where UMC's Stochastic Oscillator exited the oversold zone resulted in an increase in price. Tickeron's analysis proposes that the odds of a continued upward trend are .
The Moving Average Convergence Divergence (MACD) for UMC just turned positive on December 17, 2024. Looking at past instances where UMC's MACD turned positive, the stock continued to rise in of 45 cases 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 UMC advanced for three days, in of 266 cases, the price rose further within the following month. The odds of a continued upward trend are .
UMC may jump back above the lower band and head toward the middle band. Traders may consider buying the stock or exploring call options.
The Tickeron Valuation Rating of (best 1 - 100 worst) indicates that the company is seriously undervalued 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 (1.446) is normal, around the industry mean (10.362). P/E Ratio (10.314) is within average values for comparable stocks, (57.128). Projected Growth (PEG Ratio) (1.369) is also within normal values, averaging (3.148). UMC's Dividend Yield (0.070) is considerably higher than the industry average of (0.021). P/S Ratio (2.311) is also within normal values, averaging (46.311).
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 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 69, 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 Price Growth Rating for this company is (best 1 - 100 worst), indicating slightly worse than average price growth. UMC’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
a manufcaturer of micro chips, semiconductors, and components for liquid crystal display production
Industry Semiconductors