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ATEN
Stock ticker:
NYSE
AS OF
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Price
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Capitalization
1.05B

ATEN A10 Networks Forecast, Technical & Fundamental Analysis

a provider of application networking solutions

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Technical Analysis# Of IndicatorsAvg. Odds
   
   
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A.I.Advisor
a Summary for ATEN with price predictions
08:00 PM EDT Jun 07, 2023

Momentum Indicator for ATEN turns negative, indicating new downward trend

ATEN saw its Momentum Indicator move below the 0 level on June 07, 2023. This is an indication that the stock could be shifting in to a new downward move. Traders may want to consider selling the stock or exploring put options. Tickeron's A.I.dvisor looked at 88 similar instances where the indicator turned negative. In of the 88 cases, the stock moved further down in the following days. The odds of a decline are at .

Price Prediction Chart

Technical Analysis (Indicators)

Bearish Trend Analysis

The 10-day RSI Indicator for ATEN moved out of overbought territory on May 30, 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 36 similar instances where the indicator moved out of overbought territory. In of the 36 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 ATEN turned negative on June 08, 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 54 similar instances when the indicator turned negative. In of the 54 cases the stock turned lower in the days that followed. This puts the odds of success at .

ATEN moved below its 50-day moving average on June 08, 2023 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 ATEN declined for three days, the price rose further in of 62 cases within the following month. The odds of a continued downward trend are .

ATEN broke above its upper Bollinger Band on May 26, 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.

Bullish Trend Analysis

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

The 10-day moving average for ATEN crossed bullishly above the 50-day moving average on May 31, 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 ATEN advanced for three days, in of 303 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 230 cases where ATEN Aroon's Indicator entered an Uptrend, the price rose further within the following month. The odds of a continued Uptrend are .

Fundamental Analysis (Ratings)

Fear & Greed

The Tickeron Valuation Rating of (best 1 - 100 worst) indicates that the company is seriously undervalued 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 (5.647) is normal, around the industry mean (31.535). P/E Ratio (24.814) is within average values for comparable stocks, (167.703). Projected Growth (PEG Ratio) (0.000) is also within normal values, averaging (4.118). Dividend Yield (0.016) settles around the average of (0.068) among similar stocks. P/S Ratio (3.949) is also within normal values, averaging (77.847).

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 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 89, placing this stock better than average.

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 Price Growth Rating for this company is (best 1 - 100 worst), indicating fairly steady price growth. ATEN’s price grows at a lower rate over the last 12 months as compared to S&P 500 index constituents.

A.I.Advisor
published Highlights

Notable companies

The most notable companies in this group are Microsoft Corp (NASDAQ:MSFT), Oracle Corp (NYSE:ORCL), Salesforce (NYSE:CRM), Adobe (NASDAQ:ADBE), Intuit (NASDAQ:INTU), SERVICENOW (NYSE:NOW), Uber Technologies (NYSE:UBER), Shopify (NYSE:SHOP), Palo Alto Networks (NASDAQ:PANW), Activision Blizzard (NASDAQ:ATVI).

Industry description

Packaged software comprises multiple software programs bundled together and sold as a group. For example, Microsoft Office includes multiple applications such as Excel, Word, and PowerPoint. In some cases, buying a bundled product is cheaper than purchasing each item individually[s20] . Microsoft Corporation, Oracle Corp. and Adobe are some major American packaged software makers.

Market Cap

The average market capitalization across the Packaged Software Industry is 7.78B. The market cap for tickers in the group ranges from 291 to 2.4T. MSFT holds the highest valuation in this group at 2.4T. The lowest valued company is BLGI at 291.

High and low price notable news

The average weekly price growth across all stocks in the Packaged Software Industry was 2%. For the same Industry, the average monthly price growth was 11%, and the average quarterly price growth was 29%. LQAVF experienced the highest price growth at 210%, while TMNA experienced the biggest fall at -83%.

Volume

The average weekly volume growth across all stocks in the Packaged Software Industry was -4%. For the same stocks of the Industry, the average monthly volume growth was 7% and the average quarterly volume growth was 12%

Fundamental Analysis Ratings

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

Valuation Rating: 53
P/E Growth Rating: 72
Price Growth Rating: 51
SMR Rating: 83
Profit Risk Rating: 89
Seasonality Score: 8 (-100 ... +100)
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A.I. Advisor
published Earnings

ATEN is expected to report earnings to rise 35.46% to 17 cents per share on August 01

A10 Networks ATEN Stock Earnings Reports
Q2'23
Est.
$0.18
Q1'23
Missed
by $0.01
Q4'22
Beat
by $0.04
Q3'22
Beat
by $0.02
Q2'22
Beat
by $0.02
The last earnings report on May 04 showed earnings per share of 12 cents, missing the estimate of 14 cents. With 412.32K shares outstanding, the current market capitalization sits at 1.05B.
A.I.Advisor
published Dividends

ATEN paid dividends on June 01, 2023

A10 Networks ATEN Stock Dividends
А dividend of $0.06 per share was paid with a record date of June 01, 2023, and an ex-dividend date of May 12, 2023. Read more...
A.I. Advisor
published General Information

General Information

a provider of application networking solutions

Industry PackagedSoftware

Profile
Fundamentals
Details
Industry
Information Technology Services
Address
2300 Orchard Parkway
Phone
+1 408 325-8668
Employees
575
Web
https://www.a10networks.com
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ATEN and

Correlation & Price change

A.I.dvisor indicates that over the last year, ATEN has been loosely correlated with FFIV. These tickers have moved in lockstep 53% of the time. This A.I.-generated data suggests there is some statistical probability that if ATEN jumps, then FFIV could also see price increases.

1D
1W
1M
1Q
6M
1Y
5Y
Ticker /
NAME
Correlation
To ATEN
1D Price
Change %
ATEN100%
-2.41%
FFIV - ATEN
53%
Loosely correlated
+0.38%
EEFT - ATEN
53%
Loosely correlated
-1.34%
PRGS - ATEN
52%
Loosely correlated
+0.37%
VMW - ATEN
50%
Loosely correlated
+0.63%
SPSC - ATEN
49%
Loosely correlated
+0.74%
More

Groups containing ATEN

Correlation & Price change

1D
1W
1M
1Q
6M
1Y
5Y
Ticker /
NAME
Correlation
To ATEN
1D Price
Change %
ATEN100%
-2.41%
networking
(undefined stocks)
56%
Loosely correlated
+0.42%
information technology
(undefined stocks)
55%
Loosely correlated
+0.20%
cloud
(undefined stocks)
54%
Loosely correlated
+0.43%
it software
(undefined stocks)
54%
Loosely correlated
+0.35%
servers
(undefined stocks)
54%
Loosely correlated
+0.35%