Riding the Wave of Marine Shipping: A Comprehensive Market Overview ๐ข๐
Description:
Discover the recent 3.01% surge in the Marine Shipping sector. This blog presents a detailed analysis of significant tickers influencing this uptrend. Stay ahead with insights on market movements and sectoral shifts without the risk assessment fog.
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Industry Description:
The Marine Shipping sector, experiencing a 3.01% monthly gain, plays a pivotal role in passenger transportation and cargo shipping via waterways. Despite aviation's rise, short trips and pleasure cruises maintain the industry's relevance, with players like $TK, $KEX, and $SSW leading the way.
Tickers in this Group:
$CMRE $CPLP $DAC $DSX $EGLE $ESEA $GASS $GNK $KEX $NAT $NMM $PANL $SB $SBLK $SFL $SHIP $KNOP $ASC $MATX $GOGL $NETI $SMHI $GRIN $ZIM $HSHP $TORO
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Market Cap:
With an average market cap of $893.5M, the sector ranges from $TORO's $104.7M to $KEX's $4.9B, demonstrating varied investment opportunities for traders with different appetites.
High and Low Price Notable News:
Weekly, monthly, and quarterly price growth averages at 1.82%, 3.01%, and 15.58%, respectively. $SMHI soared by 13.77%, while $ZIM slightly dipped at -8.49%. Notably, $GOGL, which fluctuated between gains and losses, is predicted to continue its uptrend.
Volume:
The group observed a substantial volume growth, with weekly, monthly, and quarterly averages at 42.85%, 72.56%, and 32.86% respectively, highlighting increased trading activity in stocks like $KEX and $MATX.
Fundamental Analysis Ratings:
The group's average ratings are as follows:
Ticker Description:
The Marine Shipping sectorโs recent 3.01% gain opens doors for savvy traders. With a positive outlook predicted for tickers like $CMRE, $CPLP, and $EGLE, understanding these market movements and sectoral shifts is crucial for capitalizing on these trading opportunities. Stay tuned for more insightful analyses on other booming sectors in the financial landscape! ๐๐
The 10-day moving average for CMRE crossed bullishly above the 50-day moving average on May 09, 2025. This indicates that the trend has shifted higher and could be considered a buy signal. In of 14 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 .
The Stochastic Oscillator suggests the stock price trend may be in a reversal from a downward trend to an upward trend. of 62 cases where CMRE's Stochastic Oscillator exited the oversold zone resulted in an increase in price. Tickeron's analysis proposes that the odds of a continued upward trend are .
CMRE moved above its 50-day moving average on May 08, 2025 date and that indicates a change from a downward trend to an upward trend.
Following a 3-day Advance, the price is estimated to grow further. Considering data from situations where CMRE advanced for three days, in of 317 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 248 cases where CMRE Aroon's Indicator entered an Uptrend, the price rose further within the following month. The odds of a continued Uptrend are .
The 10-day RSI Indicator for CMRE moved out of overbought territory on May 21, 2025. 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 36 similar instances where the indicator moved out of overbought territory. In of the 36 cases, the stock moved lower in the following days. This puts the odds of a move lower at .
The Momentum Indicator moved below the 0 level on May 28, 2025. You may want to consider selling the stock, shorting the stock, or exploring put options on CMRE as a result. In of 82 cases where the Momentum Indicator fell below 0, the stock fell further within the subsequent month. The odds of a continued downward trend are .
The Moving Average Convergence Divergence Histogram (MACD) for CMRE turned negative on May 28, 2025. This could be a sign that the stock is set to turn lower in the coming weeks. Traders may want to sell the stock or buy put options. Tickeron's A.I.dvisor looked at 42 similar instances when the indicator turned negative. In of the 42 cases the stock turned lower in the days that followed. This puts the odds of success at .
Following a 3-day decline, the stock is projected to fall further. Considering past instances where CMRE declined for three days, the price rose further in of 62 cases within the following month. The odds of a continued downward trend are .
CMRE broke above its upper Bollinger Band on May 08, 2025. 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 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 (0.402) is normal, around the industry mean (2.556). P/E Ratio (3.549) is within average values for comparable stocks, (26.959). CMRE's Projected Growth (PEG Ratio) (0.000) is very low in comparison to the industry average of (2.602). Dividend Yield (0.053) settles around the average of (0.185) among similar stocks. P/S Ratio (0.504) is also within normal values, averaging (1.703).
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 69, placing this stock slightly better than average.
The Tickeron Price Growth Rating for this company is (best 1 - 100 worst), indicating steady price growth. CMREโs 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 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 average fundamental analysis ratings, where 1 is best and 100 is worst, are as follows
Industry MarineShipping