FL saw its Moving Average Convergence Divergence Histogram (MACD) turn negative on June 09, 2022. This is a bearish signal that suggests the stock could decline going forward. Tickeron's A.I.dvisor looked at 46 instances where the indicator turned negative. In 36 of the 46 cases the stock moved lower in the days that followed. This puts the odds of a downward move at 78%.
The Momentum Indicator moved below the 0 level on June 29, 2022. You may want to consider selling the stock, shorting the stock, or exploring put options on FL as a result. In of 95 cases where the Momentum Indicator fell below 0, the stock fell further within the subsequent month. The odds of a continued downward trend are .
FL moved below its 50-day moving average on June 10, 2022 date and that indicates a change from an upward trend to a downward trend.
The 10-day moving average for FL crossed bearishly below the 50-day moving average on June 17, 2022. 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 FL 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 Aroon Indicator for FL entered a downward trend on July 01, 2022. This could indicate a strong downward move is ahead for the stock. Traders may want to consider selling the stock or buying put options.
The RSI Indicator demonstrates that the ticker has stayed in the oversold zone for 1 day, which means it's wise to expect a price bounce in the near future.
The Stochastic Oscillator demonstrated that the ticker has stayed in the oversold zone for 1 day, 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 FL advanced for three days, in of 332 cases, the price rose further within the following month. The odds of a continued upward trend are .
FL may jump back above the lower band and head toward the middle band. Traders may consider buying the stock or exploring call options.
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 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 (0.739) is normal, around the industry mean (5.927). P/E Ratio (3.122) is within average values for comparable stocks, (25.391). FL's Projected Growth (PEG Ratio) (0.000) is very low in comparison to the industry average of (1.624). Dividend Yield (0.048) settles around the average of (0.036) among similar stocks. P/S Ratio (0.285) is also within normal values, averaging (1.744).
The Tickeron Price Growth Rating for this company is (best 1 - 100 worst), indicating slightly worse than average price growth. FL’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 worse than 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 Profit vs. Risk Rating rating for this company is (best 1 - 100 worst), indicating that the returns do not compensate for the risks. FL’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 81, placing this stock worse than average.
The average fundamental analysis ratings, where 1 is best and 100 is worst, are as follows
a company which sells athletic footwear and apparels
|MFs / NAME||Price $||Chg $||Chg %|
|Morgan Stanley Inst Global Opp L|
|Parametric Dividend Income A|
|American Funds Washington Mutual 529A|
|WCM Focused Global Growth Investor|
|Invesco International Equity R5|
A.I.dvisor indicates that over the last year, FL has been loosely correlated with HIBB. These tickers have moved in lockstep 54% of the time. This A.I.-generated data suggests there is some statistical probability that if FL jumps, then HIBB could also see price increases.
|HIBB - FL|
|DBI - FL|
|SCVL - FL|
|BKE - FL|
|GCO - FL|