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ARNC
Stock ticker:
NYSE
AS OF
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Capitalization
2.9B

ARNC Price Prediction, Arconic Corp AI Recommendations

Stock market charts, price targets, analyst ratings and a financial calendar

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A.I.Advisor
a Summary for AAPL with price predictions
12:00 AM EDT May 26, 2023

ARNC sees its Stochastic Oscillator ascending out of oversold territory

On May 26, 2023, the Stochastic Oscillator for ARNC moved out of oversold territory and this could be a bullish sign for the stock. Traders may want to buy the stock or buy call options. Tickeron's A.I.dvisor looked at 55 instances where the indicator left the oversold zone. In of the 55 cases the stock moved higher in the following days. This puts the odds of a move higher at over .

Price Prediction Chart

Technical Analysis (Indicators)

Bullish Trend Analysis

The Momentum Indicator moved above the 0 level on May 26, 2023. You may want to consider a long position or call options on ARNC as a result. In of 95 past instances where the momentum indicator moved above 0, the stock continued to climb. The odds of a continued upward trend are .

ARNC moved above its 50-day moving average on May 04, 2023 date and that indicates a change from a downward trend to an upward trend.

The 10-day moving average for ARNC crossed bullishly above the 50-day moving average on May 10, 2023. This indicates that the trend has shifted higher and could be considered a buy signal. In of 17 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 ARNC advanced for three days, in of 330 cases, the price rose further within the following month. The odds of a continued upward trend are .

Bearish Trend Analysis

The 10-day RSI Indicator for ARNC moved out of overbought territory on May 09, 2023. 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 41 similar instances where the indicator moved out of overbought territory. In of the 41 cases, the stock moved lower in the following days. This puts the odds of a move lower at .

The Moving Average Convergence Divergence Histogram (MACD) for ARNC turned negative on May 25, 2023. 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 49 similar instances when the indicator turned negative. In of the 49 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 ARNC declined for three days, the price rose further in of 62 cases within the following month. The odds of a continued downward trend are .

ARNC broke above its upper Bollinger Band on May 04, 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 Aroon Indicator for ARNC entered a downward trend on May 03, 2023. This could indicate a strong downward move is ahead for the stock. Traders may want to consider selling the stock or buying put options.

Fundamental Analysis (Ratings)

Fear & Greed

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. ARNC’s price grows at a higher rate over the last 12 months as compared to S&P 500 index constituents.

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 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 77, placing this stock slightly better than average.

The Tickeron Valuation Rating of (best 1 - 100 worst) indicates that the company is slightly 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 (2.074) is normal, around the industry mean (2.035). ARNC has a moderately high P/E Ratio (50.251) as compared to the industry average of (14.457). Projected Growth (PEG Ratio) (0.000) is also within normal values, averaging (5.204). ARNC has a moderately low Dividend Yield (0.002) as compared to the industry average of (0.052). P/S Ratio (0.339) is also within normal values, averaging (3.248).

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.

A.I. Advisor
published Earnings

ARNC is expected to report earnings to rise 122.58% to 53 cents per share on August 01

Arconic Corp ARNC Stock Earnings Reports
Q2'23
Est.
$0.53
Q1'23
Missed
by $0.07
Q4'22
Missed
by $2.95
Q3'22
Missed
by $0.97
Q2'22
Beat
by $0.32
The last earnings report on May 04 showed earnings per share of 23 cents, missing the estimate of 31 cents. With 1.01M shares outstanding, the current market capitalization sits at 2.90B.
A.I.Advisor
published Dividends

ARNC paid dividends on February 25, 2020

Arconic Corp ARNC Stock Dividends
А quarterly dividend of $0.02 per share was paid with a record date of February 25, 2020, and an ex-dividend date of February 06, 2020. Read more...
A.I.Advisor
published Highlights

Notable companies

The most notable companies in this group are Nucor Corp (NYSE:NUE), ArcelorMittal (NYSE:MT), Cleveland-Cliffs (NYSE:CLF), United States Steel Corp (NYSE:X), Arconic Corp (NYSE:ARNC).

Industry description

The steel industry includes manufacturers of steel and steel-related products. Companies use iron ore and scrap steel to produce steel. The industry also includes companies involved in mining and marketing of steel products. Along with serving some of the domestic markets, U.S. steel output has, over the years, been used by international economies as well. Competition from imported steel has also increased over time. The industry could be susceptible to business cycles, since the element is an important input in industrial production. Some of the globally-renowned steel behemoths include Nucor Corporation, Vale, and ArcelorMittal SA.

Market Cap

The average market capitalization across the Steel Industry is 3.81B. The market cap for tickers in the group ranges from 107.02K to 34.2B. NUE holds the highest valuation in this group at 34.2B. The lowest valued company is GCIN at 107.02K.

High and low price notable news

The average weekly price growth across all stocks in the Steel Industry was -1%. For the same Industry, the average monthly price growth was -0%, and the average quarterly price growth was 6%. OLNCF experienced the highest price growth at 22%, while ERELY experienced the biggest fall at -24%.

Volume

The average weekly volume growth across all stocks in the Steel Industry was 4%. For the same stocks of the Industry, the average monthly volume growth was -1% and the average quarterly volume growth was 64%

Fundamental Analysis Ratings

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

Valuation Rating: 29
P/E Growth Rating: 48
Price Growth Rating: 51
SMR Rating: 61
Profit Risk Rating: 76
Seasonality Score: 10 (-100 ... +100)
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published General Information

General Information

a manufacturer of custom aluminum products

Industry Steel

Profile
Fundamentals
Details
Industry
Aluminum
Address
201 Isabella Street
Phone
+1 412 992-2500
Employees
11550
Web
https://www.arconic.com
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ARNC and

Correlation & Price change

A.I.dvisor indicates that over the last year, ARNC has been loosely correlated with TXT. These tickers have moved in lockstep 58% of the time. This A.I.-generated data suggests there is some statistical probability that if ARNC jumps, then TXT could also see price increases.

1D
1W
1M
1Q
6M
1Y
5Y
Ticker /
NAME
Correlation
To ARNC
1D Price
Change %
ARNC100%
N/A
TXT - ARNC
58%
Loosely correlated
+0.46%
HWM - ARNC
56%
Loosely correlated
+0.55%
TMST - ARNC
54%
Loosely correlated
+0.74%
TDG - ARNC
53%
Loosely correlated
+0.73%
WWD - ARNC
53%
Loosely correlated
+1.45%
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