CIHHF China Merchants Bank Co., Ltd. Forecast, Technical & Fundamental Analysis

Momentum Indicator for CIHHF turns positive, indicating new upward trend

CIHHF saw its Momentum Indicator move above the 0 level on November 12, 2024. This is an indication that the stock could be shifting in to a new upward move. Traders may want to consider buying the stock or buying call options. Tickeron's A.I.dvisor looked at 55 similar instances where the indicator turned positive. In of the 55 cases, the stock moved higher in the following days. The odds of a move higher are at .

Technical Analysis (Indicators)

Bullish Trend Analysis

The Moving Average Convergence Divergence (MACD) for CIHHF just turned positive on December 02, 2024. Looking at past instances where CIHHF's MACD turned positive, the stock continued to rise in of 40 cases over the following month. The odds of a continued upward trend are .

Bearish Trend Analysis

CIHHF moved below its 50-day moving average on November 19, 2024 date and that indicates a change from an upward trend to a downward trend.

The 10-day moving average for CIHHF crossed bearishly below the 50-day moving average on November 19, 2024. This indicates that the trend has shifted lower and could be considered a sell signal. In of 18 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 .

The Aroon Indicator for CIHHF entered a downward trend on December 03, 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 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 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 Valuation Rating of (best 1 - 100 worst) indicates that the company is slightly 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: P/B Ratio (0.879) is normal, around the industry mean (1.030). P/E Ratio (6.188) is within average values for comparable stocks, (18.662). Projected Growth (PEG Ratio) (0.517) is also within normal values, averaging (2.366). Dividend Yield (0.052) settles around the average of (0.058) among similar stocks. P/S Ratio (2.558) is also within normal values, averaging (2.921).

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

The Tickeron Seasonality Score of (best 1 - 100 worst) indicates that the company is slightly overvalued 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 Profit vs. Risk Rating rating for this company is (best 1 - 100 worst), indicating that the returns do not compensate for the risks. CIHHF’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 64, placing this stock worse than average.