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FNGR Stock Tickeron detected bullish Stock Pattern: Triangle Symmetrical Bottom FNGR on December 11, 2024, netting in a 3.55% gain over 1 day

A.I.dvisor
at Tickeron.com
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+3.55% Gain from a Successful pattern Triangle Symmetrical Bottom
FNGR - FingerMotion
Tickeron
Ticker: FNGR
Company: FingerMotion
Gain: +3.55%
Confirmed: 12/11/24
Succeeded: 12/12/24
Total length: 1 day
On December 11, 2024, A.I.dvisor detected a Triangle Symmetrical Bottom Pattern (Bullish) for FingerMotion (FNGR, $1.97). On December 11, 2024, A.I.dvisor confirmed the Bullish pattern, setting a target price of $2.15. 1 day later, on December 12, 2024, FNGR reached the target price resulting in a for traders who took a long position in the stock.

FNGR's MACD Histogram crosses above signal line

The Moving Average Convergence Divergence (MACD) for FNGR turned positive on November 29, 2024. Looking at past instances where FNGR's MACD turned positive, the stock continued to rise in of 45 cases over the following month. The odds of a continued upward trend are .

Price Prediction Chart

Technical Analysis (Indicators)

Bullish Trend Analysis

The Momentum Indicator moved above the 0 level on December 09, 2024. You may want to consider a long position or call options on FNGR as a result. In of 103 past instances where the momentum indicator moved above 0, the stock continued to climb. The odds of a continued upward trend are .

FNGR moved above its 50-day moving average on December 12, 2024 date and that indicates a change from a downward trend to an upward trend.

The 10-day moving average for FNGR crossed bullishly above the 50-day moving average on December 16, 2024. This indicates that the trend has shifted higher and could be considered a buy signal. In of 12 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 +1 3-day Advance, the price is estimated to grow further. Considering data from situations where FNGR advanced for three days, in of 245 cases, the price rose further within the following month. The odds of a continued upward trend are .

Bearish Trend Analysis

The 10-day RSI Indicator for FNGR moved out of overbought territory on December 17, 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 24 similar instances where the indicator moved out of overbought territory. In of the 24 cases, the stock moved lower in the following days. This puts the odds of a move lower at .

The Stochastic Oscillator may be shifting from an upward trend to a downward trend. In of 42 cases where FNGR's Stochastic Oscillator exited the overbought zone, the price fell further within 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 FNGR declined for three days, the price rose further in of 62 cases within the following month. The odds of a continued downward trend are .

FNGR broke above its upper Bollinger Band on December 13, 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 FNGR entered a downward trend on November 12, 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.

Fundamental Analysis (Ratings)

The Tickeron Price Growth Rating for this company is (best 1 - 100 worst), indicating fairly steady price growth. FNGR’s price grows at a lower 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 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 (10.000) is normal, around the industry mean (4.726). P/E Ratio (0.000) is within average values for comparable stocks, (113.894). Projected Growth (PEG Ratio) (0.000) is also within normal values, averaging (8.093). FNGR has a moderately low Dividend Yield (0.000) as compared to the industry average of (0.059). P/S Ratio (3.021) is also within normal values, averaging (13.458).

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. FNGR’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 80, 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.

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.

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General Information

Industry WirelessTelecommunications

Profile
Fundamentals
Details
Industry
N/A
Address
111 Somerset Road
Phone
347 349-5339
Employees
59
Web
https://www.fingermotion.com