HMC Price Prediction, Honda Motor Co Ltd AI Recommendations

HMC in -2.49% downward trend, sliding for three consecutive days on September 22, 2023

Moving lower for three straight days is viewed as a bearish sign. Keep an eye on this stock for future declines. Considering data from situations where HMC declined for three days, in of 274 cases, the price declined further within the following month. The odds of a continued downward trend are .

Technical Analysis (Indicators)

Bearish Trend Analysis

The 10-day RSI Indicator for HMC moved out of overbought territory on September 21, 2023. 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 33 similar instances where the indicator moved out of overbought territory. In of the 33 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 61 cases where HMC's Stochastic Oscillator exited the overbought zone, the price fell further within the following month. The odds of a continued downward trend are .

HMC broke above its upper Bollinger Band on September 19, 2023. 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.

Bullish Trend Analysis

The Momentum Indicator moved above the 0 level on August 28, 2023. You may want to consider a long position or call options on HMC as a result. In of 89 past instances where the momentum indicator moved above 0, the stock continued to climb. The odds of a continued upward trend are .

The Moving Average Convergence Divergence (MACD) for HMC just turned positive on August 28, 2023. Looking at past instances where HMC's MACD turned positive, the stock continued to rise in of 43 cases over the following month. The odds of a continued upward trend are .

HMC moved above its 50-day moving average on August 25, 2023 date and that indicates a change from a downward trend to an upward trend.

The 10-day moving average for HMC crossed bullishly above the 50-day moving average on August 29, 2023. This indicates that the trend has shifted higher and could be considered a buy signal. In of 13 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 HMC advanced for three days, in of 321 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 212 cases where HMC Aroon's Indicator entered an Uptrend, the price rose further within the following month. The odds of a continued Uptrend are .

Fundamental Analysis (Ratings)

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 slightly 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 (0.713) is normal, around the industry mean (6.743). P/E Ratio (10.132) is within average values for comparable stocks, (20.678). Projected Growth (PEG Ratio) (0.000) is also within normal values, averaging (5.666). Dividend Yield (0.025) settles around the average of (0.040) among similar stocks. P/S Ratio (0.497) is also within normal values, averaging (52.056).

The Tickeron Price Growth Rating for this company is (best 1 - 100 worst), indicating steady price growth. HMC’s price grows at a higher 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 well-balanced risk and returns. The average Profit vs. Risk Rating rating for the industry is 86, placing this stock slightly better than average.

HMC is expected to report earnings to fall 28.29% to $1.09 per share on November 02

Q3'23

Est.

$1.09

Q2'23

Beat

by $0.44

Q1'23

Missed

by $0.15

Q4'22

Beat

by $0.20

Q3'22

Missed

by $0.10

HMC paid dividends on June 14, 2021