Decoding the Market Dynamics of the Miscellaneous Theme
The miscellaneous theme is an intriguing blend of specialty companies hailing from a multitude of sectors. From basic materials to consumer cyclicals, the theme brings under its umbrella a diverse array of firms. While this array makes it hard to pin down the theme into one category, it undoubtedly makes it one of the most dynamic themes in the financial ecosystem.
For those looking to decipher the complexities of the market and exploring stocks like $LXU -$DOV - $AME - $BRC - $CXT - $HI - $PANL - $PNR - $SHIP - $SXI - $TRS - $TG - $CSL - $WMS - $TROO - $TPL - $TUP - $GPAC - $COGT - $INSE - I$LCII - $LMB - $ROSEU - $NEXT - $YETI., our AI robot "Swing Trader: Business Model (TA&FA)" is your strategic ally. This powerful AI tool blends technical and fundamental analysis to help you make informed trading decisions. Dive into these stocks confidently, leveraging AI insights to potentially optimize your trading experience and capitalize on profitable opportunities within the Deciphering Market theme.
🔬 Industry Description
The theme houses companies such as $YETI Holdings, renowned for its high-end coolers and drinking cups, alongside $PANL, a prominent marine shipping and logistics provider. $TG also finds its place here, contributing its specialty chemicals to the mix. The diversity in this theme is its strength, providing opportunities for investors to tap into a vast range of industries and sectors within one theme.
💰 Market Cap
In this multi-faceted theme, the average market cap stands impressively at $3.8B. The range is wide, with BPMX being valued at a modest 463.3K and $AME leading the pack at a whopping 36.5B.
High and Low Price Notable News
The miscellaneous theme's stocks observed an average weekly price dip of 3.65%. However, on a brighter note, there was an 11.32% surge in the monthly price average. Notably, LMB soared by 23.27%, while TUP trailed, witnessing a fall of 31.26%.
📈 8/12/23: $YETI experienced a commendable hike of 8.74%.
📉 8/5/23: $COGT faced a tough week, plummeting by 9.44%.
The theme's trading volume has seen noticeable fluctuations, with an average weekly volume growth of -76.01% in the past week. However, the monthly and quarterly volume growth rates tell a different story, showcasing a positive trajectory at 50.27% and 85.46% respectively. Stocks like $BRC have witnessed record-breaking volume spikes.
📘 Fundamental Analysis Ratings
A peek into the fundamental analysis ratings of the theme's stocks presents the following insights:
📉 Stock Forecasts
$LXU: With its RSI Indicator signaling a potential trend shift, and past data indicating an 89% chance of a downturn, traders might need to tread cautiously.
$DOV: After its MACD Histogram turned negative, the odds are 62% in favor of a price drop.
$AME: Following a three-day downward trend, the stock has a 50% chance of further decline.
$BRC: The odds of a downturn stand at 69% after its RSI Oscillator moved out of the overbought zone.
$CXT: Breaking its upper Bollinger Band hints at a 66% chance of a drop in its price.
📊 High and Low Price Notable News:
Now, let's deep dive into a few tickers:
1.$LXU- LSB Industries, Inc.:
2. $DOV - Dover Corporation:
3.$AME - AMETEK, Inc.:
Investing in the miscellaneous sector can be likened to exploring uncharted territories. With such a vast array of companies, this theme offers diversity and, in turn, an opportunity to hedge risks. As always, keep an eye on market indicators, stay updated with the news, and ensure thorough research before making any investment decisions.
While the miscellaneous theme is a potpourri of industries, it offers a vibrant trading and investment space. Given its vast range, investors have the flexibility to navigate through diverse sectors, hedging risks, and amplifying returns. It's crucial, however, to keep an eye on market indicators and make informed decisions. Happy investing! 📊📈📉
LXU saw its Moving Average Convergence Divergence Histogram (MACD) turn negative on September 20, 2023. This is a bearish signal that suggests the stock could decline going forward. Tickeron's A.I.dvisor looked at 42 instances where the indicator turned negative. In of the 42 cases the stock moved lower in the days that followed. This puts the odds of a downward move at .
The Momentum Indicator moved below the 0 level on September 22, 2023. You may want to consider selling the stock, shorting the stock, or exploring put options on LXU as a result. In of 89 cases where the Momentum Indicator fell below 0, the stock fell further within the subsequent month. The odds of a continued downward trend are .
LXU moved below its 50-day moving average on September 18, 2023 date and that indicates a change from an upward trend to a downward trend.
The 10-day moving average for LXU crossed bearishly below the 50-day moving average on August 22, 2023. This indicates that the trend has shifted lower and could be considered a sell signal. In of 16 past instances when the 10-day crossed below the 50-day, the stock continued to move higher over 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 LXU declined for three days, the price rose further in of 62 cases within the following month. The odds of a continued downward trend are .
LXU broke above its upper Bollinger Band on September 01, 2023. 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 Stochastic Oscillator demonstrated that the ticker has stayed in the oversold zone for 2 days, which means it's wise to expect a price bounce in the near future.
Following a 3-day Advance, the price is estimated to grow further. Considering data from situations where LXU advanced for three days, in of 295 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 204 cases where LXU 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 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 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 Price Growth Rating for this company is (best 1 - 100 worst), indicating steady price growth. LXU’s price grows at a higher 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. LXU’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 82, placing this stock better than average.
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 (1.379) is normal, around the industry mean (3.212). P/E Ratio (7.097) is within average values for comparable stocks, (26.588). Projected Growth (PEG Ratio) (0.000) is also within normal values, averaging (5.389). Dividend Yield (0.000) settles around the average of (0.038) among similar stocks. P/S Ratio (1.036) is also within normal values, averaging (41.518).
The average fundamental analysis ratings, where 1 is best and 100 is worst, are as follows
a manufacturer of chemical products for the agricultural, mining, and industrial markets
|MFs / NAME||Price $||Chg $||Chg %|
|North Star Small Cap Value Institutional|
|Invesco American Franchise C|
|Diamond Hill Small-Mid Cap I|
|Virtus Vontobel Foreign Opportunities A|
|JPMorgan Research Market Neutral A|
A.I.dvisor indicates that over the last year, LXU has been loosely correlated with CE. These tickers have moved in lockstep 50% of the time. This A.I.-generated data suggests there is some statistical probability that if LXU jumps, then CE could also see price increases.