The RSI Indicator for ABC moved out of oversold territory on June 15, 2022. This could be a sign that the stock is shifting from a downward trend to an upward trend. Traders may want to buy the stock or call options. The A.I.dvisor looked at 19 similar instances when the indicator left oversold territory. In 13 of the 19 cases the stock moved higher. This puts the odds of a move higher at 68%.
The Momentum Indicator moved above the 0 level on July 01, 2022. You may want to consider a long position or call options on ABC as a result. In of 91 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 ABC just turned positive on June 23, 2022. Looking at past instances where ABC's MACD turned positive, the stock continued to rise in of 50 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 ABC advanced for three days, in of 352 cases, the price rose further within the following month. The odds of a continued upward trend are .
The Stochastic Oscillator may be shifting from an upward trend to a downward trend. In of 62 cases where ABC's Stochastic Oscillator exited the overbought zone, the price fell further within the following month. The odds of a continued downward trend are .
ABC moved below its 50-day moving average on May 31, 2022 date and that indicates a change from an upward trend to a downward trend.
Following a 3-day decline, the stock is projected to fall further. Considering past instances where ABC declined for three days, the price rose further in of 62 cases within the following month. The odds of a continued downward trend are .
The Aroon Indicator for ABC entered a downward trend on June 28, 2022. This could indicate a strong downward move is ahead for the stock. Traders may want to consider selling the stock or buying put options.
The Tickeron SMR rating for this company is (best 1 - 100 worst), indicating very 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 Profit vs. Risk Rating rating for this company is (best 1 - 100 worst), indicating low risk on high returns. The average Profit vs. Risk Rating rating for the industry is 84, placing this stock better than average.
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. ABC’s price grows at a higher rate over the last 12 months as compared to 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: ABC's P/B Ratio (54.348) is very high in comparison to the industry average of (5.035). P/E Ratio (17.483) is within average values for comparable stocks, (18.871). Projected Growth (PEG Ratio) (1.370) is also within normal values, averaging (1.748). Dividend Yield (0.013) settles around the average of (0.033) among similar stocks. P/S Ratio (0.131) is also within normal values, averaging (13.047).
The average fundamental analysis ratings, where 1 is best and 100 is worst, are as follows
a distributor of pharmaceutical products
A.I.dvisor indicates that over the last year, ABC has been closely correlated with MCK. These tickers have moved in lockstep 84% of the time. This A.I.-generated data suggests there is a high statistical probability that if ABC jumps, then MCK could also see price increases.
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|CAH - ABC|
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|PDCO - ABC|
|OMI - ABC|