CHWY Price Prediction, Chewy AI Recommendations

CHWY sees MACD Histogram just turned negative

CHWY saw its Moving Average Convergence Divergence Histogram (MACD) turn negative on September 20, 2022. This is a bearish signal that suggests the stock could decline going forward. Tickeron's A.I.dvisor looked at 30 instances where the indicator turned negative. In 26 of the 30 cases the stock moved lower in the days that followed. This puts the odds of a downward move at 87%.

Technical Analysis (Indicators)

Bearish Trend Analysis

The Momentum Indicator moved below the 0 level on September 20, 2022. You may want to consider selling the stock, shorting the stock, or exploring put options on CHWY as a result. In of 58 cases where the Momentum Indicator fell below 0, the stock fell further within the subsequent month. The odds of a continued downward trend are .

CHWY moved below its 50-day moving average on August 24, 2022 date and that indicates a change from an upward trend to a downward trend.

The 10-day moving average for CHWY crossed bearishly below the 50-day moving average on August 30, 2022. This indicates that the trend has shifted lower and could be considered a sell signal. In of 7 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 CHWY 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 Aroon Indicator for CHWY entered a downward trend on September 14, 2022. 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 RSI Oscillator points to a transition from a downward trend to an upward trend -- in cases where CHWY's RSI Oscillator exited the oversold zone, of 18 resulted in an increase in price. Tickeron's analysis proposes that the odds of a continued upward trend are .

The Stochastic Oscillator demonstrated that the ticker has stayed in the oversold zone for 2 days, which means it's wise to expect a price bounce in the near future.

Following a 3-day Advance, the price is estimated to grow further. Considering data from situations where CHWY advanced for three days, in of 181 cases, the price rose further within the following month. The odds of a continued upward trend are .

Fundamental Analysis (Ratings)

The Tickeron SMR rating for this company is (best 1 - 100 worst), indicating slightly weaker than average sales and a marginally 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 slightly worse than average price growth. CHWY’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 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: CHWY's P/B Ratio (114.943) is slightly higher than the industry average of (12.265). CHWY's P/E Ratio (1428.571) is considerably higher than the industry average of (87.635). Projected Growth (PEG Ratio) (0.000) is also within normal values, averaging (2.995). Dividend Yield (0.000) settles around the average of (0.039) among similar stocks. P/S Ratio (1.409) is also within normal values, averaging (27.494).

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. CHWY’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 94, placing this stock worse than average.

CHWY is expected to report earnings to fall 277.20% to -8 cents per share on December 13

Q4'22

Est.

$-0.09

Q3'22

Beat

by $0.17

Q2'22

Beat

by $0.15

Q1'22

Est.

$-0.15

Q4'21

Missed

by $0.04