Ad is loading...
MENU

CINT Stock Tickeron detected bearish Stock Pattern: Cup-and-Handle Inverse CINT on October 28, 2024, netting in a 0.43% gain over 2 weeks

A.I.dvisor
at Tickeron.com
Loading...
+0.43% Gain from a Successful pattern Cup-and-Handle Inverse
CINT - CI&T
Tickeron
Ticker: CINT
Company: CI&T
Gain from shortening: +0.43%
Confirmed: 10/28/24
Succeeded: 11/14/24
Total length: 20 days
On October 25, 2024, A.I.dvisor detected a Cup-and-Handle Inverse Pattern (Bearish) for CI&T (CINT, $6.93). 3 days later, on October 28, 2024, A.I.dvisor confirmed the Bearish pattern, setting a target price of the stock. On November 14, 2024, the stock hit the target price of $6.46 – resulting in a gain for traders who shorted the stock on the pattern detection date.

Momentum Indicator for CINT turns negative, indicating new downward trend

CINT saw its Momentum Indicator move below the 0 level on November 15, 2024. This is an indication that the stock could be shifting in to a new downward move. Traders may want to consider selling the stock or exploring put options. Tickeron's A.I.dvisor looked at 44 similar instances where the indicator turned negative. In of the 44 cases, the stock moved further down in the following days. The odds of a decline are at .

Price Prediction Chart

Technical Analysis (Indicators)

Bearish Trend Analysis

The Stochastic Oscillator may be shifting from an upward trend to a downward trend. In of 31 cases where CINT's Stochastic Oscillator exited the overbought zone, the price fell further within the following month. The odds of a continued downward trend are .

The Moving Average Convergence Divergence Histogram (MACD) for CINT turned negative on November 15, 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 24 similar instances when the indicator turned negative. In of the 24 cases the stock turned lower in the days that followed. This puts the odds of success at .

CINT moved below its 50-day moving average on November 15, 2024 date and that indicates a change from an upward trend to a downward trend.

The 10-day moving average for CINT crossed bearishly below the 50-day moving average on October 31, 2024. This indicates that the trend has shifted lower and could be considered a sell signal. In of 8 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 CINT declined for three days, the price rose further in of 62 cases within the following month. The odds of a continued downward trend are .

Bullish Trend Analysis

Following a 3-day Advance, the price is estimated to grow further. Considering data from situations where CINT advanced for three days, in of 179 cases, the price rose further within the following month. The odds of a continued upward trend are .

CINT may jump back above the lower band and head toward the middle band. Traders may consider buying the stock or exploring call options.

The Aroon Indicator entered an Uptrend today. In of 139 cases where CINT Aroon's Indicator entered an Uptrend, the price rose further within the following month. The odds of a continued Uptrend are .

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 Price Growth Rating for this company is (best 1 - 100 worst), indicating steady price growth. CINT’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 fair valued 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 (2.238) is normal, around the industry mean (30.262). P/E Ratio (22.920) is within average values for comparable stocks, (162.497). Projected Growth (PEG Ratio) (0.000) is also within normal values, averaging (2.738). Dividend Yield (0.000) settles around the average of (0.083) among similar stocks. P/S Ratio (1.356) is also within normal values, averaging (56.493).

The Tickeron SMR rating for this company is (best 1 - 100 worst), indicating slightly better than average sales and a considerably 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 that the returns do not compensate for the risks. CINT’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 88, placing this stock worse than average.

View a ticker or compare two or three
CINT
Daily Signalchanged days ago
Gain/Loss if shorted
Show more...
Ad is loading...
A.I.Advisor
published price charts
A.I. Advisor
published General Information

General Information

Industry PackagedSoftware

Profile
Fundamentals
Details
Industry
N/A
Address
Estrada Guiseppina Vianelli De Napoli, 1455
Phone
+55 1921024500
Employees
6904
Web
https://www.ciandt.com