MENU
Go to the list of all blogs
Dem Sem's Avatar
published in Blogs
Sep 14, 2023

Vascular Tickers $ANGO, $AORT, $LMAT, $AKBA, and $AVGR Surge +252.11% in a Single Day

 

The Vascular group of tickers has recently made waves by recording a staggering +252.11% increase in performance over just one day. This remarkable surge has garnered significant attention from investors and traders alike, prompting a closer examination of the theme and the individual tickers within it.

Vascular Tickers in Focus: $ANGO$AORT$LMAT$AKBA and $AVGR

The Vascular theme is represented by a group of five tickers: ANGO, AORT, LMAT, AKBA, and AVGR. These companies operate in the vascular industry, which encompasses a wide range of medical and healthcare-related activities. While this theme has recently experienced a surge in performance, it's essential to consider both short-term and long-term factors when evaluating investment opportunities within this sector.

Negative Outlook with Bearish Predictions

Despite the recent surge, Tickeron, a prominent market prediction source, has a negative outlook on this group of vascular tickers. Tickeron predicts a potential decline of more than 4.00% within the next month, with a likelihood of 61%. This bearish forecast suggests that investors should exercise caution and conduct thorough research before considering investments in these stocks.

Volume Trends and Market Sentiment

Analyzing volume trends can provide valuable insights into market sentiment. Over the last month, the daily ratio of advancing to declining volumes in the vascular theme was 1 to 1.18. This indicates that there has been a balance between buying and selling activity within this sector, contributing to the recent price surge.

Market Capitalization Diversity

The market capitalization of companies within the vascular theme varies significantly. On average, these companies have a market capitalization of approximately $490.6 million. Among the five tickers in focus, LMAT holds the highest valuation, with a market capitalization of $1.3 billion. In contrast, AVGR is the lowest valued company in this group, with a market capitalization of only $4.6 million. This wide range of market caps within the theme highlights the diversity of investment opportunities available in the vascular sector.

Price Performance and Notable News

The price performance of vascular-related stocks has been nothing short of spectacular in the short term. On a weekly basis, the average price growth across all stocks in this theme was an astonishing 200.28%, indicating rapid gains. The average monthly and quarterly price growth figures were equally impressive, standing at 140.05% and 107.46%, respectively. However, it's important to note that these figures represent short-term volatility.

Individual Ticker Analysis

Let's take a closer look at three of the key tickers within this theme:

  1. ANGO: The Aroon Indicator for ANGO entered a downward trend on August 18, 2023. This bearish signal, combined with historical patterns, suggests a potential downward move. Traders may consider selling the stock or buying put options. While ANGO has experienced recent challenges, the stock fell by just 1% during the week of 09/05/23 - 09/12/23.

  2. AORT: AORT saw its Moving Average Convergence Divergence Histogram (MACD) turn negative on September 05, 2023. This bearish signal indicates a possible decline ahead. Historical data shows that in 84% of similar instances, the stock moved lower after such a signal. While AORT experienced a recent -1% decline during the week of 09/05/23 - 09/12/23, it's important to monitor its performance closely.

  3. LMAT: LMAT's MACD Histogram turned positive on August 23, 2023, signaling a potential upward trend. Historical data suggests that in 78% of similar instances, the stock continued to rise over the following month. LMAT has enjoyed a +3% uptrend during the week of 09/05/23 - 09/12/23, and its current price is above the highest support line found by A.I.

In summary, the recent surge in performance within the Vascular theme has been exceptional, but it's crucial for investors to approach this sector with caution due to the negative outlook and bearish predictions. While there are opportunities for short-term gains, the long-term stability of these stocks should be carefully considered. As with any investment, thorough research and risk assessment are essential before making decisions in the ever-changing world of financial markets.

Related Ticker: AVGR, AKBA, AORT, ANGO, LMAT

Notable companies

The most notable companies in this group are Abbott Laboratories (NYSE:ABT), Intuitive Surgical (NASDAQ:ISRG), Medtronic plc (NYSE:MDT), Boston Scientific Corp (NYSE:BSX), Edwards Lifesciences Corp (NYSE:EW), IQVIA Holdings (NYSE:IQV), Align Technology (NASDAQ:ALGN), Illumina (NASDAQ:ILMN), Exact Sciences Corp (NASDAQ:EXAS), Guardant Health (NASDAQ:GH).

Industry description

Medical specialties are companies that make equipment used by the health care industry. Equipment manufactured and distributed by these companies include dialysis machines, blood analysis equipment, surgical equipment, dental instruments, and diagnostic tools, among other items. Large companies typically aim to produce and distribute high-quality products across a broad market spectrum. Smaller firms are more likely to specialize in a particular market segment. Due to the industry’s close association with medical treatments, they typically have low sensitivity to macroeconomic fluctuations. Within this industry, Abbott Laboratories, Medtronic Plc and Thermo Fisher Scientific Inc. are some of the companies with multi-billion market capitalizations in the U.S. stock markets.

Market Cap

The average market capitalization across the Medical Specialties Industry is 8.27B. The market cap for tickers in the group ranges from 27 to 3.82T. MKYSF holds the highest valuation in this group at 3.82T. The lowest valued company is FOGCF at 27.

High and low price notable news

The average weekly price growth across all stocks in the Medical Specialties Industry was -3%. For the same Industry, the average monthly price growth was 2%, and the average quarterly price growth was 3%. TNON experienced the highest price growth at 116%, while STSS experienced the biggest fall at -82%.

Volume

The average weekly volume growth across all stocks in the Medical Specialties Industry was 68%. For the same stocks of the Industry, the average monthly volume growth was 29% and the average quarterly volume growth was 177%

Fundamental Analysis Ratings

The average fundamental analysis ratings, where 1 is best and 100 is worst, are as follows

Valuation Rating: 50
P/E Growth Rating: 70
Price Growth Rating: 64
SMR Rating: 85
Profit Risk Rating: 89
Seasonality Score: -6 (-100 ... +100)
View a ticker or compare two or three
Ad is loading...
A.I.Advisor
published price charts
A.I. Advisor
published General Information

General Information

a manufacturer of catheter devices used to treat vascular diseases

Industry MedicalSpecialties

Profile
Fundamentals
Details
Industry
Medical Specialties
Address
400 Chesapeake Drive
Phone
+1 650 241-7900
Employees
72
Web
https://avinger.com
Ad is loading...
"🚀 PHAXIAM Therapeutics SA Skyrockets +18.82%! Dive into this biotech penny stock's stellar week and the industry's broader movements. 📈🔬
Explore annualized returns of +110% for Day Traders and +50% for Swing Traders using Price Action Trading Strategies (TA&FA) on popular managed healthcare stocks like $BIOS $CI $CNC $ELV $HUM $MOH $UNH. Stay updated on the 1-week change of +3% in this dynamic market.
The ethanol industry encompasses a diverse range of business activities, primarily focusing on the production of ethanol and sugar. Beyond these core products, companies within this theme also engage in the development of related assets, such as fuel storage tanks.
Cisco Systems set to soar! 🚀 A.I. predicts +4% growth in the coming month. Is CSCO the next big move in your portfolio? 📈💰
#trading
The Office Equipment/Supplies sector has emerged as a standout performer in recent times, posting an impressive 6.13% increase in its performance over the past week. This surge in performance is supported by a group of tickers, including $ACTG, $SCS, $HNI, $EBF, and $ACCO, which have collectively displayed a positive outlook. In this article, we will delve into the theme of this sector and analyze the group of tickers within it that are driving this positive momentum.
"IBM Skyrockets: +15.54% Quarterly Jump! Dive into the data behind this tech titan's remarkable rally. 📈🚀"
#investment#trading
The pharmaceutical sector is known for its dynamic nature, with companies often experiencing rapid shifts in performance and sentiment. In the past week, pharmaceutical companies, as represented by a group of tickers including RPRX, CALT, INZY, and HRMY, have seen a noteworthy increase in performance, surging by +3.13%. In this article, we will delve into the details of this trend, explore key indicators, and assess the outlook for these companies.
The term 'challenging disorders' envelops a vast expanse of the healthcare sector, extending from medical devices, facilities to biotechs, and pharmaceutical firms.
The ocean transportation sector has been making waves recently, experiencing a significant performance boost of +3.74% over the past week. In this article, we'll delve into the theme and explore the key tickers within this sector, shedding light on their market capitalization, recent price movements, volume trends, and fundamental analysis ratings.
Forest products encompass materials harvested from forestry intended for direct utilization or commercial activities.
The toy industry has seen some significant ups and downs in recent times, with a cluster of notable companies taking center stage in this exciting and ever-evolving market. In this article, we delve into the recent performance of select toy companies, examining key indicators and trends that have shaped their stock movements.
Dive into the dynamics behind the recent 2.68% rise in the Wholesale Distributors sector. With standout performers like $GIC, $POOL, $SITE, $FERG, and $CNM, we dissect the market movements and pivotal factors driving this uptrend. Read on to stay ahead!
🚀 Biocept (BIOC) surges +51.63% in a month! Amid industry downtrends, BIOC shines. What's next for this penny stock? 📈
#latest#investment
The aluminum construction companies have experienced a significant boost, with the segment seeing a +11.13% increase in performance over the past week. This growth is largely driven by the rising demand for lightweight materials, particularly in the automotive sector, where aluminum is being widely adopted to improve fuel efficiency. The aluminum industry plays a vital role in the U.S. economy, generating approximately $71 billion annually in direct economic impact, according to The Aluminum Association.
Unlock the potential of AI-powered swing trading with robots designed to track dips in top S&P 500 stocks. Whether you're a beginner or experienced trader, these tools help manage up to $20k per position, balancing risk and reward with advanced algorithms and market insights. Discover how to maximize returns in volatile markets!
Discover Tickeron's new AI-driven trading bots designed for high-volatility markets and impulse price action. Leveraging Financial Learning Models (FLMs) and technical analysis, these bots optimize trades, offer a 70% win rate, and execute strategies for day traders focused on fast market moves.
The Diesel Companies segment has displayed a notable increase of +9.44% in performance over the past week. This uptick highlights a positive trend in the sector, encompassing companies involved in the manufacturing of diesel vehicles and the distribution of transportation fuels.
The medical companies segment has experienced a notable increase in performance, recording a weekly gain of +3.53%. This sector encompasses companies involved in the production and supply of pharmaceuticals and essential medical products, catering to a broad spectrum of healthcare needs. Their product offerings include surgical apparel, gloves, hospital furniture, fluid management solutions, and specialized equipment for cosmetic and surgical procedures.
Tickeron launches AI-powered Stock Picker robots to assist hedge fund managers with sector rotation, growth-focused small-cap stocks, and strategic risk management. Using proprietary FLMs, Stock Pickers offer quant-driven signals and adaptive strategies for long-term growth and investment
Tickeron unveils an intuitive AI trading bot interface, offering tailored strategies for day, swing, and trend traders. From beginners to pros, discover tools designed to optimize trading precision, adapt to market volatility, and provide hedge fund-level insights for smarter investments.
#latest#popular#trading