MENU

AE Stock Tickeron detected bullish Stock Pattern: Head-and-Shoulders Bottom AE on November 05, 2024, netting in a 1.00% gain over 1 month

A.I.dvisor
at Tickeron.com
Loading...
+1.00% Gain from a Successful pattern Head-and-Shoulders Bottom
AE - Adams Resources & Energy
Tickeron
Ticker: AE
Company: Adams Resources & Energy
Gain: +1%
Confirmed: 11/05/24
Succeeded: 11/11/24
Total length: 32 days
On October 10, 2024, A.I.dvisor detected a Head-and-Shoulders Bottom Pattern (Bullish) for Adams Resources & Energy (AE, $27.05). On November 05, 2024, A.I.dvisor confirmed the Bullish pattern, setting a target price of $33.86. 6 days later, on November 11, 2024, AE reached the target price resulting in a for traders who took a long position in the stock.

Aroon Indicator for AE shows an upward move is likely

AE's Aroon Indicator triggered a bullish signal on November 21, 2024. Tickeron's A.I.dvisor detected that the AroonUp green line is above 70 while the AroonDown red line is below 30. When the up indicator moves above 70 and the down indicator remains below 30, it is a sign that the stock could be setting up for a bullish move. Traders may want to buy the stock or look to buy calls options. A.I.dvisor looked at 186 similar instances where the Aroon Indicator showed a similar pattern. In of the 186 cases, the stock moved higher in the days that followed. This puts the odds of a move higher at .

Price Prediction Chart

Technical Analysis (Indicators)

Bullish Trend Analysis

The Stochastic Oscillator suggests the stock price trend may be in a reversal from a downward trend to an upward trend. of 57 cases where AE'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 .

Following a 3-day Advance, the price is estimated to grow further. Considering data from situations where AE advanced for three days, in of 270 cases, the price rose further within the following month. The odds of a continued upward trend are .

Bearish Trend Analysis

The Moving Average Convergence Divergence Histogram (MACD) for AE turned negative on December 02, 2024. This could be a sign that the stock is set to turn lower in the coming weeks. Traders may want to sell the stock or buy put options. Tickeron's A.I.dvisor looked at 44 similar instances when the indicator turned negative. In of the 44 cases the stock turned lower in the days that followed. This puts the odds of success at .

Following a 3-day decline, the stock is projected to fall further. Considering past instances where AE declined for three days, the price rose further in of 62 cases within the following month. The odds of a continued downward trend are .

AE broke above its upper Bollinger Band on December 06, 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.

Fundamental Analysis (Ratings)

The Tickeron Price Growth Rating for this company is (best 1 - 100 worst), indicating steady price growth. AE’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 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 (0.794) is normal, around the industry mean (9.385). AE's P/E Ratio (358.500) is considerably higher than the industry average of (25.032). Projected Growth (PEG Ratio) (0.000) is also within normal values, averaging (0.907). Dividend Yield (0.034) settles around the average of (0.061) among similar stocks. P/S Ratio (0.026) is also within normal values, averaging (0.487).

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 78, placing this stock slightly 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.

The Tickeron PE Growth Rating for this company is (best 1 - 100 worst), pointing to worse than average 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.

View a ticker or compare two or three
AE
Daily Signalchanged days ago
Gain/Loss if bought
Show more...
Ad is loading...
A.I.Advisor
published price charts
A.I. Advisor
published General Information

General Information

an explorer of crude oil and natural gas

Industry OilRefiningMarketing

Profile
Fundamentals
Details
Industry
Oil Refining Or Marketing
Address
17 South Briar Hollow Lane
Phone
+1 713 881-3600
Employees
741
Web
https://www.adamsresources.com