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CR Stock Tickeron detected bullish Stock Pattern: Head-and-Shoulders Bottom CR on November 04, 2024, netting in a 7.45% gain over 5 days

A.I.dvisor
at Tickeron.com
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+7.45% Gain from a Successful pattern Head-and-Shoulders Bottom
CR - Crane Company
Tickeron
Ticker: CR
Company: Crane
Gain: +7.45%
Confirmed: 11/04/24
Succeeded: 11/05/24
Total length: 5 days
On October 31, 2024, A.I.dvisor detected a Head-and-Shoulders Bottom Pattern (Bullish) for Crane Company (CR, $157.28). On November 04, 2024, A.I.dvisor confirmed the Bullish pattern, setting a target price of $175.93. 1 day later, on November 05, 2024, CR reached the target price resulting in a for traders who took a long position in the stock.

Momentum Indicator for CR turns positive, indicating new upward trend

CR saw its Momentum Indicator move above the 0 level on November 04, 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 90 similar instances where the indicator turned positive. In of the 90 cases, the stock moved higher in the following days. The odds of a move higher are at .

Price Prediction Chart

Technical Analysis (Indicators)

Bullish Trend Analysis

The Moving Average Convergence Divergence (MACD) for CR just turned positive on October 31, 2024. Looking at past instances where CR's MACD turned positive, the stock continued to rise in of 46 cases over the following month. The odds of a continued upward trend are .

CR moved above its 50-day moving average on October 29, 2024 date and that indicates a change from a downward trend to an upward trend.

The 10-day moving average for CR crossed bullishly above the 50-day moving average on November 04, 2024. This indicates that the trend has shifted higher and could be considered a buy signal. In of 19 past instances when the 10-day crossed above the 50-day, the stock continued to move higher over the following month. 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 CR advanced for three days, in of 336 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 334 cases where CR 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 10-day RSI Indicator for CR moved out of overbought territory on November 13, 2024. This could be a bearish sign for the stock. Traders may want to consider selling the stock or buying put options. Tickeron's A.I.dvisor looked at 42 similar instances where the indicator moved out of overbought territory. In of the 42 cases, the stock moved lower in the following days. This puts the odds of a move lower at .

The Stochastic Oscillator entered the overbought zone. Expect a price pull-back in the foreseeable future.

Following a 3-day decline, the stock is projected to fall further. Considering past instances where CR declined for three days, the price rose further in of 62 cases within the following month. The odds of a continued downward trend are .

CR broke above its upper Bollinger Band on November 05, 2024. This could be a sign that the stock is set to drop as the stock moves back below the upper band and toward the middle band. You may want to consider selling the stock or exploring put options.

Fundamental Analysis (Ratings)

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 75, placing this stock better than average.

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. CR’s price grows at a higher rate over the last 12 months as compared to S&P 500 index constituents.

The Tickeron SMR rating for this company is (best 1 - 100 worst), indicating 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 Seasonality Score of (best 1 - 100 worst) indicates that the company is significantly 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 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: P/B Ratio (5.675) is normal, around the industry mean (4.693). P/E Ratio (38.130) is within average values for comparable stocks, (51.170). Projected Growth (PEG Ratio) (2.527) is also within normal values, averaging (2.219). Dividend Yield (0.005) settles around the average of (0.022) among similar stocks. P/S Ratio (3.720) is also within normal values, averaging (5.879).

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CR
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General Information

Industry IndustrialMachinery

Profile
Fundamentals
Details
Industry
N/A
Address
100 First Stamford Place
Phone
+1 203 363-7300
Employees
7300
Web
https://www.craneco.com