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May 06, 2023

CDZIP pattern shows 8% price hike

In the case of CDZIP, a bullish Triangle Symmetrical Top pattern has emerged on April 28, 2023, indicating that the market may be anticipating a potential price increase. Furthermore, the current confidence level to reach the target price is 72%, suggesting that market participants are fairly confident in the potential for the stock to rise.

The target price for CDZIP is $18.29, which represents an 8% increase from the breakout price of $17.17. This price target is based on the height of the triangle pattern, which is measured from the highest point of the triangle to the lowest point, and then projected upwards from the breakout point.

If the stock price breaks out above the upper trendline of the symmetrical triangle pattern, this would be considered a signal to enter the market with a long position, also known as the breakout price. In this case, the breakout price is $17.17. The distance to the target price is only 8%, making this a relatively low-risk opportunity for potential investors.

In conclusion, the Triangle Symmetrical Top pattern that has emerged for CDZIP is indicating a potential bullish trend in the near future. With a current confidence level of 72%, and a relatively short distance to the target price, this may be an attractive opportunity for investors looking for a potential increase in their investment returns. However, it is important to note that technical analysis is just one tool in the investor's toolbox and should be used in conjunction with other forms of analysis before making any investment decisions.

Related Ticker: CDZIP

CDZIP in upward trend: price may ascend as a result of having broken its lower Bollinger Band on June 09, 2025

CDZIP may jump back above the lower band and head toward the middle band. Traders may consider buying the stock or exploring call options. In of 34 cases where CDZIP's price broke its lower Bollinger Band, its price rose further in the following month. The odds of a continued upward trend are .

Price Prediction Chart

Technical Analysis (Indicators)

Bullish Trend Analysis

The RSI Indicator points to a transition from a downward trend to an upward trend -- in cases where CDZIP's RSI Oscillator exited the oversold zone, of 22 resulted in an increase in price. Tickeron's analysis proposes that the odds of a continued upward trend are .

The Stochastic Oscillator suggests the stock price trend may be in a reversal from a downward trend to an upward trend. of 45 cases where CDZIP'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 .

Following a 3-day Advance, the price is estimated to grow further. Considering data from situations where CDZIP advanced for three days, in of 167 cases, the price rose further within the following month. The odds of a continued upward trend are .

Bearish Trend Analysis

The Momentum Indicator moved below the 0 level on June 03, 2025. You may want to consider selling the stock, shorting the stock, or exploring put options on CDZIP as a result. In of 86 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 CDZIP turned negative on May 16, 2025. 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 42 similar instances when the indicator turned negative. In of the 42 cases the stock turned lower in the days that followed. This puts the odds of success at .

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

The 10-day moving average for CDZIP crossed bearishly below the 50-day moving average on May 20, 2025. This indicates that the trend has shifted lower and could be considered a sell signal. In of 14 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 CDZIP 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 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: CDZIP's P/B Ratio (0.000) is slightly lower than the industry average of (2.091). P/E Ratio (0.000) is within average values for comparable stocks, (788.724). Projected Growth (PEG Ratio) (0.000) is also within normal values, averaging (301.186). CDZIP's Dividend Yield (0.159) is considerably higher than the industry average of (0.049). P/S Ratio (0.000) is also within normal values, averaging (6.716).

The Tickeron Price Growth Rating for this company is (best 1 - 100 worst), indicating fairly steady price growth. CDZIP’s price grows at a lower 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 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 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 Profit vs. Risk Rating rating for this company is (best 1 - 100 worst), indicating that the returns do not compensate for the risks. CDZIP’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 76, placing this stock worse than average.

Industry description

Water utilities operate water treatment plants, and/or distribute water to residential and commercial customers. Companies operating in this industry are largely responsible for the safe and timely distribution of water. While most water systems are local or regional, some of the companies might have operations across several states. The industry is expected to be closely monitored by regulators for quality checks on the water being distributed. Investing in upgrading infrastructure is a major factor in bolstering the supply of clean/safe-to-use water. Given the absolute necessity of water in our lives, the industry is largely non-cyclical. American Water Works Company, Inc., Aqua America, Inc., American States Water Co. and California Water Service Group are some of the major water utilities companies in the U.S.

Market Cap

The average market capitalization across the Water Utilities Industry is 3.58B. The market cap for tickers in the group ranges from 41.88K to 23.81B. AWK holds the highest valuation in this group at 23.81B. The lowest valued company is AEPT at 41.88K.

High and low price notable news

The average weekly price growth across all stocks in the Water Utilities Industry was 1%. For the same Industry, the average monthly price growth was 3%, and the average quarterly price growth was 6%. MWTCY experienced the highest price growth at 25%, while CETI experienced the biggest fall at -25%.

Volume

The average weekly volume growth across all stocks in the Water Utilities Industry was 21%. For the same stocks of the Industry, the average monthly volume growth was -31% and the average quarterly volume growth was 61%

Fundamental Analysis Ratings

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

Valuation Rating: 62
P/E Growth Rating: 58
Price Growth Rating: 52
SMR Rating: 78
Profit Risk Rating: 76
Seasonality Score: 18 (-100 ... +100)
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Industry WaterUtilities

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Address
550 South Hope Street
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+1 213 271-1600
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9
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https://www.cadizinc.com