Surging Performance: Transportation Industry ($ASLE, $UP) Sees Impressive 11.1% Growth in One Week
Tickers in the industry - $PAC, $OMAB, $ASR, $CAAP, $ASLE, $BLDE, $JOBY, $UP
Robots for this industry:
Swing Trader, Long Only: Valuation & Efficiency Model (TA&FA) - 30-day Annualized Return +58%
The Other Transportation industry has witnessed a remarkable surge of +11.1% in its performance over the past week, catching the attention of investors and analysts alike. This article delves into the exciting developments within this industry, with a specific focus on two key tickers: ASLE and UP.
Industry Insights: Navigating Other Transportation
The Other Transportation industry encompasses a wide array of services, ranging from airport ground transportation and management to shipping services and public infrastructure operations such as bridges, expressways, taxis, and subways. Prominent players in this sector include Grupo Aero-pac, Corporacion America Airports S.A., and Matson, Inc.
Market Cap Dynamics
The average market capitalization for companies in the Other Transportation industry stands at 7.9 billion dollars. Among the tickers in this group, ARPRF commands the highest valuation at 29.8 billion dollars, while SKAS holds the distinction of being the lowest valued company at 4.3 million dollars.
Price Performance: Peaks and Valleys
The past week has been notable for the Other Transportation industry, with an average weekly price growth of 2.7%. However, over the past month and quarter, the industry has experienced average price contractions of -3.22% and -4.03%, respectively. In this landscape, UP emerges as a top performer, showcasing a remarkable 66.67% weekly price growth. Conversely, SKAS faces a challenging scenario, having encountered a significant -7.69% decline.
Volume Insights: The Ebb and Flow
While the average weekly volume growth across the Other Transportation industry was -1.5%, the monthly average witnessed a substantial decrease of -63.52%. However, the quarter displayed an impressive growth rate of 106.78%. Specific tickers within the industry, like UP, have exhibited staggering volume growth, often surpassing their 65-Day Volume Moving Averages by substantial margins.
ASLE: Momentum Shift
Ticker ASLE, characterized by its RSI Oscillator rebounding from oversold territory on August 17, 2023, is generating considerable interest. This shift suggests a potential transition from a downward trend to an upward trajectory. An analysis of similar instances shows that the odds of a price increase are at an encouraging 81%. With ASLE currently trading between support lines at $15.57 and $11.52, and having experienced a +3% uptrend in the week of 08/23/23 - 08/30/23, it appears poised for positive momentum.
UP: Reversal and Potential
UP has also demonstrated noteworthy developments, as its RSI Indicator moved out of oversold territory on August 14, 2023. This shift implies a potential shift from a downtrend to an upward trend, with a strong historical precedent - 86% of similar cases resulted in upward price movement. While currently trading below the lowest support line at $2.02, UP's recent +20% uptrend during the week of 08/23/23 - 08/30/23 signals renewed investor interest.
Summary
The Other Transportation industry's recent surge presents intriguing investment prospects. Tickers like ASLE and UP have emerged as compelling options, with their RSI indicators hinting at potential shifts in momentum. As the industry continues to evolve, vigilant investors stand to capitalize on emerging opportunities within this dynamic sector.
PAC in downward trend: price may drop because broke its higher Bollinger Band on January 07, 2025
PAC broke above its upper Bollinger Band on January 07, 2025. 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 A.I.dvisor looked at 38 similar instances where the stock broke above the upper band. In of the 38 cases the stock fell afterwards. This puts the odds of success at .
Technical Analysis (Indicators)
Bearish Trend Analysis
The Stochastic Oscillator has been in the overbought zone for 1 day. Expect a price pull-back in the near future.
The 10-day moving average for PAC crossed bearishly below the 50-day moving average on January 02, 2025. This indicates that the trend has shifted lower and could be considered a sell signal. In of 22 past instances when the 10-day crossed below the 50-day, the stock continued to move higher over the following 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 PAC 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 PAC entered a downward trend on January 08, 2025. This could indicate a strong downward move is ahead for the stock. Traders may want to consider selling the stock or buying put options.
Bullish Trend Analysis
The Momentum Indicator moved above the 0 level on January 06, 2025. You may want to consider a long position or call options on PAC 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 .
The Moving Average Convergence Divergence (MACD) for PAC just turned positive on January 07, 2025. Looking at past instances where PAC's MACD turned positive, the stock continued to rise in of 52 cases over the following month. The odds of a continued upward trend are .
PAC moved above its 50-day moving average on January 06, 2025 date and that indicates a change from a downward trend to an upward trend.
Following a 3-day Advance, the price is estimated to grow further. Considering data from situations where PAC advanced for three days, in of 345 cases, the price rose further within the following month. The odds of a continued upward trend are .
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 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 81, placing this stock better than average.
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 (6.863) is normal, around the industry mean (4.026). P/E Ratio (14.008) is within average values for comparable stocks, (40.079). Projected Growth (PEG Ratio) (4.408) is also within normal values, averaging (10.410). PAC has a moderately high Dividend Yield (0.052) as compared to the industry average of (0.026). P/S Ratio (4.085) is also within normal values, averaging (106.097).
The Tickeron Price Growth Rating for this company is (best 1 - 100 worst), indicating steady price growth. PAC’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.
Industry description
Market Cap
High and low price notable news
Volume
Fundamental Analysis Ratings
The average fundamental analysis ratings, where 1 is best and 100 is worst, are as follows
General Information
a blank check company, which engages in effecting a merger, share exchange, asset acquisition, stock purchase, recapitalization, and reorganization or similar business combination with one or more businesses
Industry OtherTransportation