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CRRFY Stock Carrefour S.A (CRRFY, $3.11) Moving Average Convergence Divergence (MACD) Histogram turned negative on November 14, 2024

A.I.dvisor
at Tickeron.com
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CRRFY - Carrefour S.A.
MACD signal
Bearish Trend
Odds of DOWN Trend
Tickeron
MACD signal
Price: $3.11
Daily change: -$0.01 (-0.32%)
Daily volume: 491.3K
Capitalization: $10.1B
Industry: Food Retail
This is a Bearish indicator signaling CRRFY's price could decline from here. Traders may explore shorting the stock or put options. A.I. dvisor identified 47 similar cases where CRRFY's MACD histogram became negative, and of them led to successful outcomes. Odds of Success:

CRRFY sees MACD Histogram just turned negative

CRRFY saw its Moving Average Convergence Divergence Histogram (MACD) turn negative on November 14, 2024. This is a bearish signal that suggests the stock could decline going forward. Tickeron's A.I.dvisor looked at 47 instances where the indicator turned negative. In of the 47 cases the stock moved lower in the days that followed. This puts the odds of a downward move at .

Price Prediction Chart

Technical Analysis (Indicators)

Bearish Trend Analysis

The Momentum Indicator moved below the 0 level on November 14, 2024. You may want to consider selling the stock, shorting the stock, or exploring put options on CRRFY as a result. In of 77 cases where the Momentum Indicator fell below 0, the stock fell further within the subsequent month. The odds of a continued downward trend are .

CRRFY moved below its 50-day moving average on November 05, 2024 date and that indicates a change from an upward trend to a downward trend.

The 10-day moving average for CRRFY crossed bearishly below the 50-day moving average on October 18, 2024. This indicates that the trend has shifted lower and could be considered a sell signal. In of 16 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 CRRFY declined for three days, the price rose further in of 62 cases within the following month. The odds of a continued downward trend are .

CRRFY broke above its upper Bollinger Band on November 04, 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.

The Aroon Indicator for CRRFY entered a downward trend on November 08, 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.

Bullish Trend Analysis

The RSI Oscillator points to a transition from a downward trend to an upward trend -- in cases where CRRFY's RSI Indicator exited the oversold zone, of 31 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 CRRFY advanced for three days, in of 272 cases, the price rose further within the following month. The odds of a continued upward trend are .

Fundamental Analysis (Ratings)

The Tickeron Valuation Rating of (best 1 - 100 worst) indicates that the company is seriously 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 (1.184) is normal, around the industry mean (4.678). P/E Ratio (10.091) is within average values for comparable stocks, (25.294). Projected Growth (PEG Ratio) (2.163) is also within normal values, averaging (2.705). Dividend Yield (0.030) settles around the average of (0.025) among similar stocks. P/S Ratio (0.166) is also within normal values, averaging (56.159).

The Tickeron Price Growth Rating for this company is (best 1 - 100 worst), indicating fairly steady price growth. CRRFY’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 consistent 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 Profit vs. Risk Rating rating for this company is (best 1 - 100 worst), indicating that the returns do not compensate for the risks. CRRFY’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 68, placing this stock worse than average.

The Tickeron SMR rating for this company is (best 1 - 100 worst), indicating weak sales and an unprofitable 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.

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CRRFY
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General Information

Industry FoodRetail

Profile
Fundamentals
Details
Industry
N/A
Address
93 Avenue de Paris
Phone
+33 164505000
Employees
334640
Web
https://www.carrefour.com