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CASS Stock Tickeron detected bullish Stock Pattern: Rectangle Top CASS on October 28, 2024, netting in a 0.28% gain over 1 week

A.I.dvisor
at Tickeron.com
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+0.28% Gain from a Successful pattern Rectangle Top
CASS - Cass Information Systems
Tickeron
Ticker: CASS
Company: Cass Information Systems
Gain: +0.28%
Confirmed: 10/28/24
Succeeded: 11/05/24
Total length: 8 days
On October 28, 2024, A.I.dvisor detected a Rectangle Top Pattern (Bullish) for Cass Information Systems (CASS, $43.13). On October 28, 2024, A.I.dvisor confirmed the Bullish pattern, setting a target price of $46.11. 8 days later, on November 05, 2024, CASS reached the target price resulting in a for traders who took a long position in the stock.

CASS's Stochastic Oscillator descending into oversold zone

The Stochastic Oscillator for CASS moved into oversold territory on November 20, 2024. Be on the watch for the price uptrend or consolidation in the future. At that time, consider buying the stock or exploring call options.

Price Prediction Chart

Technical Analysis (Indicators)

Bullish Trend Analysis

CASS moved above its 50-day moving average on November 01, 2024 date and that indicates a change from a downward trend to an upward trend.

The 10-day moving average for CASS crossed bullishly above the 50-day moving average on October 22, 2024. This indicates that the trend has shifted higher and could be considered a buy signal. In of 20 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 CASS advanced for three days, in of 298 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 CASS moved out of overbought territory on November 07, 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 26 similar instances where the indicator moved out of overbought territory. In of the 26 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 November 20, 2024. You may want to consider selling the stock, shorting the stock, or exploring put options on CASS as a result. In of 95 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 CASS turned negative on November 19, 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 46 similar instances when the indicator turned negative. In of the 46 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 CASS declined for three days, the price rose further in of 62 cases within the following month. The odds of a continued downward trend are .

CASS 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 CASS entered a downward trend on October 25, 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.

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 Price Growth Rating for this company is (best 1 - 100 worst), indicating steady price growth. CASS’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 significantly 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 (2.814) is normal, around the industry mean (27.149). P/E Ratio (21.761) is within average values for comparable stocks, (88.031). CASS's Projected Growth (PEG Ratio) (0.000) is slightly lower than the industry average of (1.729). Dividend Yield (0.025) settles around the average of (0.038) among similar stocks. P/S Ratio (3.499) is also within normal values, averaging (11.835).

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. CASS’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 79, placing this stock worse than average.

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CASS
Daily Signalchanged days ago
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published General Information

General Information

a bank holding company, which provides invoice processing and information services

Industry MiscellaneousCommercialServices

Profile
Fundamentals
Details
Industry
Data Processing Services
Address
12444 Powerscourt Drive
Phone
+1 314 506-5500
Employees
1316
Web
https://www.cassinfo.com