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IHS Stock Tickeron detected bullish Stock Pattern: Triangle Descending IHS on November 25, 2024, netting in a 7.43% gain over 2 months

A.I.dvisor
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+7.43% Gain from a Successful pattern Triangle Descending
IHS - IHS Holding Limited
Tickeron
Ticker: IHS
Company: IHS Holding
Gain: +7.43%
Confirmed: 11/25/24
Succeeded: 01/02/25
Total length: 70 days
On October 24, 2024, A.I.dvisor detected a Triangle Descending Pattern (Bullish) for IHS Holding Limited (IHS, $2.96). On November 25, 2024, A.I.dvisor confirmed the Bullish pattern, setting a target price of $3.39. 38 days later, on January 02, 2025, IHS reached the target price resulting in a for traders who took a long position in the stock.

IHS in upward trend: price may jump up because it broke its lower Bollinger Band on December 24, 2024

IHS may jump back above the lower band and head toward the middle band. Traders may consider buying the stock or exploring call options. In of 30 cases where IHS's price broke its lower Bollinger Band, its price rose further in 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 January 03, 2025. You may want to consider a long position or call options on IHS as a result. In of 47 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 IHS just turned positive on January 06, 2025. Looking at past instances where IHS's MACD turned positive, the stock continued to rise in of 33 cases over the following month. The odds of a continued upward trend are .

IHS moved above its 50-day moving average on January 02, 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 IHS advanced for three days, in of 165 cases, the price rose further within the following month. The odds of a continued upward trend are .

Bearish Trend Analysis

The Stochastic Oscillator may be shifting from an upward trend to a downward trend. In of 27 cases where IHS'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 IHS 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 IHS entered a downward trend on January 08, 2025. 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 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. IHS’s price grows at a higher 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 (10.438) is normal, around the industry mean (4.748). P/E Ratio (113.636) is within average values for comparable stocks, (113.894). Projected Growth (PEG Ratio) (0.000) is also within normal values, averaging (8.093). IHS has a moderately low Dividend Yield (0.000) as compared to the industry average of (0.059). P/S Ratio (0.544) is also within normal values, averaging (13.542).

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 Profit vs. Risk Rating rating for this company is (best 1 - 100 worst), indicating that the returns do not compensate for the risks. IHS’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.

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IHS
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General Information

Industry WirelessTelecommunications

Profile
Fundamentals
Details
Industry
N/A
Address
123 Victoria Street
Phone
+44 2081061600
Employees
2988
Web
https://www.ihstowers.com