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BEEP Stock Tickeron detected bearish Stock Pattern: Head-and-Shoulders Top BEEP on June 21, 2024, netting in a 15.69% gain over 1 month

A.I.dvisor
at Tickeron.com
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+15.69% Gain from a Successful pattern Head-and-Shoulders Top
BEEP - Mobile Infrastructure Corp
Tickeron
Ticker: BEEP
Company: Mobile Infrastructure
Gain from shortening: +15.69%
Confirmed: 06/21/24
Succeeded: 07/24/24
Total length: 34 days
On June 20, 2024, A.I.dvisor detected a Head-and-Shoulders Top Pattern (Bearish) for Mobile Infrastructure Corp (BEEP, $3.57). 1 day later, on June 21, 2024, A.I.dvisor confirmed the Bearish pattern, setting a target price of the stock. On July 24, 2024, the stock hit the target price of $2.92 – resulting in a +1 gain for traders who shorted the stock on the pattern detection date.

BEEP in -2.03% downward trend, falling for three consecutive days on November 19, 2024

Moving lower for three straight days is viewed as a bearish sign. Keep an eye on this stock for future declines. Considering data from situations where BEEP declined for three days, in of 106 cases, the price declined further within the following month. The odds of a continued downward trend are .

Price Prediction Chart

Technical Analysis (Indicators)

Bearish Trend Analysis

The Momentum Indicator moved below the 0 level on November 15, 2024. You may want to consider selling the stock, shorting the stock, or exploring put options on BEEP as a result. In of 83 cases where the Momentum Indicator fell below 0, the stock fell further within the subsequent month. The odds of a continued downward trend are .

The Moving Average Convergence Divergence Histogram (MACD) for BEEP turned negative on November 15, 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 43 similar instances when the indicator turned negative. In of the 43 cases the stock turned lower in the days that followed. This puts the odds of success at .

BEEP moved below its 50-day moving average on November 21, 2024 date and that indicates a change from an upward trend to a downward trend.

BEEP broke above its upper Bollinger Band on November 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.

The Aroon Indicator for BEEP entered a downward trend on November 05, 2024. 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 Stochastic Oscillator suggests the stock price trend may be in a reversal from a downward trend to an upward trend. of 49 cases where BEEP'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 .

The 10-day moving average for BEEP crossed bullishly above the 50-day moving average on November 11, 2024. This indicates that the trend has shifted higher and could be considered a buy signal. In of 10 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 BEEP advanced for three days, in of 96 cases, the price rose further within the following month. The odds of a continued upward trend are .

Fundamental Analysis (Ratings)

The Tickeron Price Growth Rating for this company is (best 1 - 100 worst), indicating steady price growth. BEEP’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 (1.023) is normal, around the industry mean (2.115). P/E Ratio (0.000) is within average values for comparable stocks, (25.104). Projected Growth (PEG Ratio) (0.000) is also within normal values, averaging (2.737). Dividend Yield (0.000) settles around the average of (0.055) among similar stocks. P/S Ratio (1.610) is also within normal values, averaging (122.471).

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.

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. BEEP’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 74, placing this stock worse than average.

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BEEP
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General Information

Industry TrucksConstructionFarmMachinery

Profile
Fundamentals
Details
Industry
N/A
Address
30 W. 4th Street
Phone
+1 513 834-5110
Employees
18
Web
https://www.mobileit.com