HSIC Stock Tickeron detected bearish Stock Pattern: Wedge Rising HSIC on October 02, 2024, netting in a 7.46% gain over 1 month

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HSIC - Henry Schein

Ticker: HSIC

Company: Henry Schein

Gain from shortening: +7.46%

Confirmed: 10/02/24

Succeeded: 11/12/24

Total length: 43 days

HSIC's Stochastic Oscillator ascends into overbought zone

The Stochastic Oscillator for HSIC moved into overbought territory on November 20, 2024. Be on the watch for a price drop or consolidation in the future -- when this happens, think about selling the stock or exploring put options.

Technical Analysis (Indicators)

Bearish Trend Analysis

The 10-day moving average for HSIC crossed bearishly below the 50-day moving average on November 05, 2024. This indicates that the trend has shifted lower and could be considered a sell signal. In of 17 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 HSIC declined for three days, the price rose further in of 62 cases within the following month. The odds of a continued downward trend are .

HSIC broke above its upper Bollinger Band on November 18, 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.

Bullish Trend Analysis

The Momentum Indicator moved above the 0 level on November 18, 2024. You may want to consider a long position or call options on HSIC as a result. In of 95 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 HSIC just turned positive on November 18, 2024. Looking at past instances where HSIC'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 .

HSIC moved above its 50-day moving average on November 18, 2024 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 HSIC advanced for three days, in of 306 cases, the price rose further within the following month. The odds of a continued upward trend are .

Fundamental Analysis (Ratings)

The Tickeron PE Growth Rating for this company is (best 1 - 100 worst), pointing to outstanding 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 Price Growth Rating for this company is (best 1 - 100 worst), indicating steady price growth. HSIC’s price grows at a higher rate over the last 12 months as compared to 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 81, placing this stock slightly better than average.

The Tickeron SMR rating for this company is (best 1 - 100 worst), indicating slightly better than average sales and a considerably 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 Seasonality Score of (best 1 - 100 worst) indicates that the company is slightly overvalued in the industry. The Tickeron Seasonality score describes the variance of predictable price changes around the same period every calendar year. These changes can be tied to a specific month, quarter, holiday or vacation period, as well as a meteorological or growing season.

The Tickeron Valuation Rating of (best 1 - 100 worst) indicates that the company is slightly 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 (2.611) is normal, around the industry mean (7.608). P/E Ratio (23.503) is within average values for comparable stocks, (28.511). Projected Growth (PEG Ratio) (1.727) is also within normal values, averaging (4.521). HSIC has a moderately low Dividend Yield (0.000) as compared to the industry average of (0.032). P/S Ratio (0.793) is also within normal values, averaging (35.233).