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ARHS Stock Tickeron detected bearish Stock Pattern: Wedge Rising ARHS on December 16, 2024, netting in a 10.87% gain over 6 days

A.I.dvisor
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+10.87% Gain from a Successful pattern Wedge Rising
ARHS - Arhaus
Tickeron
Ticker: ARHS
Company: Arhaus
Gain from shortening: +10.87%
Confirmed: 12/16/24
Succeeded: 12/16/24
Total length: 6 days
On December 10, 2024, A.I.dvisor detected a Wedge Rising Pattern (Bearish) for Arhaus (ARHS, $11.13). 6 days later, on December 16, 2024, A.I.dvisor confirmed the Bearish pattern, setting a target price of the stock. On December 16, 2024, the stock hit the target price of $9.93 – resulting in a +1 gain for traders who shorted the stock on the pattern detection date.

ARHS sees MACD Histogram crosses below signal line

ARHS saw its Moving Average Convergence Divergence Histogram (MACD) turn negative on December 16, 2024. This is a bearish signal that suggests the stock could decline going forward. Tickeron's A.I.dvisor looked at 23 instances where the indicator turned negative. In of the 23 cases the stock moved lower in the days that followed. This puts the odds of a downward move at .

Price Prediction Chart

Technical Analysis (Indicators)

Bearish Trend Analysis

The 10-day RSI Indicator for ARHS moved out of overbought territory on November 26, 2024. This could be a bearish sign for the stock. Traders may want to consider selling the stock or buying put options. Tickeron's A.I.dvisor looked at 27 similar instances where the indicator moved out of overbought territory. In of the 27 cases, the stock moved lower in the following days. This puts the odds of a move lower at .

The Momentum Indicator moved below the 0 level on December 16, 2024. You may want to consider selling the stock, shorting the stock, or exploring put options on ARHS as a result. In of 46 cases where the Momentum Indicator fell below 0, the stock fell further within the subsequent 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 ARHS declined for three days, the price rose further in of 62 cases within the following month. The odds of a continued downward trend are .

ARHS broke above its upper Bollinger Band on November 25, 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.

Bullish Trend Analysis

The Stochastic Oscillator is in the oversold zone. Keep an eye out for a move up in the foreseeable future.

ARHS moved above its 50-day moving average on December 02, 2024 date and that indicates a change from a downward trend to an upward trend.

The 10-day moving average for ARHS crossed bullishly above the 50-day moving average on December 03, 2024. This indicates that the trend has shifted higher and could be considered a buy signal. In of 8 past instances when the 10-day crossed above the 50-day, the stock continued to move higher 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 ARHS advanced for three days, in of 191 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 161 cases where ARHS Aroon's Indicator entered an Uptrend, the price rose further within the following month. The odds of a continued Uptrend are .

Fundamental Analysis (Ratings)

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 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 (6.394) is normal, around the industry mean (12.337). P/E Ratio (17.427) is within average values for comparable stocks, (36.771). Projected Growth (PEG Ratio) (0.000) is also within normal values, averaging (2.650). ARHS has a moderately low Dividend Yield (0.000) as compared to the industry average of (0.034). P/S Ratio (1.687) is also within normal values, averaging (19.104).

The Tickeron Price Growth Rating for this company is (best 1 - 100 worst), indicating fairly steady price growth. ARHS’s price grows at a lower 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. ARHS’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 75, placing this stock worse than average.

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ARHS
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General Information

Industry SpecialtyStores

Profile
Fundamentals
Details
Industry
N/A
Address
51 East Hines Hill Road
Phone
+1 440 439-7700
Employees
2280
Web
https://www.arhaus.com