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Oct 09, 2023

Blockchain: Push Sectorโ€™s +2.07% Weekly Gain! $NVDA, $TSM, $MA, $AMD, $IBM and more!

A week reveals much in the dynamic realm of Blockchain creation. With a +2.07% jump, itโ€™s time to dissect the contribution of pivotal players: $NVDA, $TSM, $MA, $AMD, and $IBM. Unveil the intricacies of their market performances and forecasted moves to strategize your trading game!

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Tickers of this Group:
$MA $CM $AXP $ICE $CME $IBM $SAP $AMD $NVDA $TSM $CBOE $WT $ING $RMBS $GLOB $SQ

Blockchain: The Power Ledger

Blockchain is no mere buzzword; it's a cryptographic ledger driving the cryptocurrency industry while serving as a robust data storage and analysis tool. Within this arena, giants like Mastercard ($MA), American Express ($AXP), NVIDIA ($NVDA), and Advanced Micro Devices ($AMD) are not just spectators but active players, influencing market directions and providing invaluable services. Whether it's about offering platforms for cryptocurrency listings or manufacturing components crucial for cryptocurrency mining, these firms are indispensable.

Market Cap: A Closer Look

Spanning a broad spectrum, the market cap within this group ranges from a whopping $1.1T by NVIDIA ($NVDA) to a modest $1.1B by WisdomTree ($WT), with an average standing at $173.7B. Such diversity beckons traders with various appetites and strategies, making the group a fascinating study and a potential gold mine for opportunities.

Price Movements: The Highs and Lows

While the average weekly price growth stands at 2.07%, the monthly and quarterly growth rates are -2.87% and 11.68%, respectively. Individual contributors like $RMBS exhibit a substantial weekly growth of 6.4%, whereas $CM faces a decline by -3.21%. Understanding these subtle shifts and trends can offer valuable insights for prospective investors and traders.

Volume Analysis: Navigating Through the Waves

With an average weekly volume growth of 10.16%, and promising monthly (14.83%) and quarterly (23.36%) volume growth, the sector provides a vibrant playground for traders seeking active and liquid assets for their portfolios.

Fundamental Analysis: Numbers Speak

Navigating through the market requires understanding the fundamental health of the stocks involved:

  • Valuation Rating: 57
  • P/E Growth Rating: 46
  • Price Growth Rating: 45
  • SMR Rating: 45
  • Profit Risk Rating: 41
  • Seasonality Score: 44

Ticker Spotlight

$NVDA - NVIDIA Corp

With a positive MACD indication on October 02, 2023, and a 90% chance of continued upward trend, $NVDA at $457.62 offers an intriguing option for traders.

$TSM - Taiwan Semiconductor Manufacturing

With momentum turning positive and a 73% likelihood of further increase, $TSM at $89.28 is a potential asset for traders betting on upward trends.

$MA - Mastercard

After breaking its lower Bollinger Band, $MA, priced at $397.94, is anticipated to witness a bullish trend, making it a potential buy for traders.

$AMD - Advanced Micro Devices

As a tech firm indispensable for blockchain creation, $AMD remains a crucial player for traders to observe in the market.

$IBM- International Business Machines Corp

With its RSI recovering from the oversold territory and a 69% chance of moving higher, $IBM at $142.02 presents a potential buying opportunity for traders.

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With a weekly gain of +2.07%, the Blockchain creation sector offers lucrative possibilities. Tickers like $NVDA, $TSM, $MA, $AMD, and $IBM are not just spectators but significant contributors to this upward trajectory, providing traders with varied options and opportunities for crafting informed and strategic trading moves in the upcoming weeks. With each ticker carrying its unique story and potential, the market awaits those ready to dive in and navigate its vibrant and promising chaos. Happy trading!

Related Ticker: MA, CM, AXP, ICE, CME, IBM, SAP, AMD, NVDA, TSM, CBOE, WT, ING, RMBS, GLOB, SQ

MA in upward trend: 10-day moving average moved above 50-day moving average on January 27, 2025

The 10-day moving average for MA crossed bullishly above the 50-day moving average on January 27, 2025. This indicates that the trend has shifted higher and could be considered a buy signal. In of 16 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 .

Price Prediction Chart

Technical Analysis (Indicators)

Bullish Trend Analysis

The Momentum Indicator moved above the 0 level on January 17, 2025. You may want to consider a long position or call options on MA as a result. In of 89 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 MA just turned positive on January 17, 2025. Looking at past instances where MA's MACD turned positive, the stock continued to rise in of 44 cases over the following month. The odds of a continued upward trend are .

MA moved above its 50-day moving average on January 15, 2025 date and that indicates a change from a downward trend to an upward trend.

The Aroon Indicator entered an Uptrend today. In of 349 cases where MA Aroon's Indicator entered an Uptrend, the price rose further within the following month. The odds of a continued Uptrend are .

Bearish Trend Analysis

The RSI Indicator has been in the overbought zone for 1 day. Expect a price pull-back in the near future.

The Stochastic Oscillator demonstrated that the ticker has stayed in the overbought zone for 6 days. The longer the ticker stays in the overbought zone, the sooner a price pull-back is expected.

Following a 3-day decline, the stock is projected to fall further. Considering past instances where MA declined for three days, the price rose further in of 62 cases within the following month. The odds of a continued downward trend are .

MA broke above its upper Bollinger Band on January 27, 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 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 70, placing this stock better than average.

The Tickeron Price Growth Rating for this company is (best 1 - 100 worst), indicating outstanding price growth. MAโ€™s price grows at a higher rate over the last 12 months as compared to S&P 500 index constituents.

The Tickeron PE Growth Rating for this company is (best 1 - 100 worst), pointing to 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 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 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: MA's P/B Ratio (64.516) is very high in comparison to the industry average of (4.895). P/E Ratio (40.440) is within average values for comparable stocks, (55.228). Projected Growth (PEG Ratio) (1.600) is also within normal values, averaging (3.039). MA has a moderately low Dividend Yield (0.005) as compared to the industry average of (0.040). MA's P/S Ratio (18.018) is very high in comparison to the industry average of (3.431).

Notable companies

The most notable companies in this group are VISA (NYSE:V), Mastercard (NYSE:MA), American Express Company (NYSE:AXP), PayPal Holdings (NASDAQ:PYPL), Capital One Financial (NYSE:COF), United Rentals (NYSE:URI), Discover Financial Services (NYSE:DFS), Synchrony Financial (NYSE:SYF), SLM Corp (NASDAQ:SLM), Bread Financial Holdings (NYSE:BFH).

Industry description

A leasing company (e.g. United Rentals, Inc. ) is typically the legal owner of the asset for the duration of the lease, while the lessee has operating control over the asset while also having some share of the economic risks and returns from the change in the valuation of the underlying asset. Per capita disposable income and corporate earnings or cash flow could be some of the critical metrics for this business โ€“ the higher the values of these metrics, the potentially greater ability of consumers/businesses to afford apartments/office spaces for rent. Other finance companies include credit/debit card payment processing companies (e.g. Visa Inc. and Mastercard), private label credit cards providers (e.g. Synchrony Financial) and automobile finance companies (e.g. Credit Acceptance Corporation).

Market Cap

The average market capitalization across the Finance/Rental/Leasing Industry is 12.49B. The market cap for tickers in the group ranges from 2.17K to 573.25B. V holds the highest valuation in this group at 573.25B. The lowest valued company is AZNVF at 2.17K.

High and low price notable news

The average weekly price growth across all stocks in the Finance/Rental/Leasing Industry was 0%. For the same Industry, the average monthly price growth was 7%, and the average quarterly price growth was 29%. FCRM experienced the highest price growth at 127%, while AAMCF experienced the biggest fall at -81%.

Volume

The average weekly volume growth across all stocks in the Finance/Rental/Leasing Industry was -30%. For the same stocks of the Industry, the average monthly volume growth was 70% and the average quarterly volume growth was 1%

Fundamental Analysis Ratings

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

Valuation Rating: 54
P/E Growth Rating: 48
Price Growth Rating: 50
SMR Rating: 59
Profit Risk Rating: 69
Seasonality Score: 15 (-100 ... +100)
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