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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: price expected to rise as it breaks its lower Bollinger Band on January 06, 2025

MA 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 38 cases where MA'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 Stochastic Oscillator shows that the ticker has stayed in the oversold zone for 3 days. The price of this ticker is presumed to bounce back soon, since the longer the ticker stays in the oversold zone, the more promptly an upward trend is expected.

Following a 3-day Advance, the price is estimated to grow further. Considering data from situations where MA advanced for three days, in of 340 cases, the price rose further within the following month. The odds of a continued upward trend are .

The Aroon Indicator entered an Uptrend today. In of 354 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 Momentum Indicator moved below the 0 level on January 06, 2025. You may want to consider selling the stock, shorting the stock, or exploring put options on MA as a result. In of 90 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 MA turned negative on December 30, 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 43 similar instances when the indicator turned negative. In of the 43 cases the stock turned lower in the days that followed. This puts the odds of success at .

MA moved below its 50-day moving average on January 03, 2025 date and that indicates a change from an upward trend to a downward trend.

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 .

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 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 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 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 2%. For the same Industry, the average monthly price growth was 8%, and the average quarterly price growth was 23%. FCRM experienced the highest price growth at 58%, while FTAI experienced the biggest fall at -21%.

Volume

The average weekly volume growth across all stocks in the Finance/Rental/Leasing Industry was -20%. For the same stocks of the Industry, the average monthly volume growth was 53% and the average quarterly volume growth was 62%

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: 18 (-100 ... +100)
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