JCSE Stock JE Cleantech Holdings (JCSE, $1.33) entered Downtrend as Momentum indicator drops below 0 level on Oct 16, 2024

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JCSE - JE Cleantech Holdings Limited

Momentum signal

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Odds of DOWN Trend

Price: $1.33

Daily change: -$0.0318 (-2.34%)

Daily volume: 3.9K

Industry: Industrial Machinery

JCSE saw its Stochastic Oscillator peaks and leaves the overbought zone

The Stochastic Oscillator for JCSE moved out of overbought territory on October 16, 2024. This could be a bearish sign for the stock and investors may want to consider selling or taking a defensive position. A.I.dvisor looked at 22 similar instances where the indicator exited the overbought zone. In of the 22 cases the stock moved lower. This puts the odds of a downward move at .

Technical Analysis (Indicators)

Bearish Trend Analysis

Following a 3-day decline, the stock is projected to fall further. Considering past instances where JCSE declined for three days, the price rose further in of 62 cases within the following month. The odds of a continued downward trend are .

JCSE broke above its upper Bollinger Band on October 17, 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 October 17, 2024. You may want to consider a long position or call options on JCSE as a result. In of 58 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 JCSE just turned positive on October 17, 2024. Looking at past instances where JCSE's MACD turned positive, the stock continued to rise in of 26 cases over the following month. The odds of a continued upward trend are .

JCSE moved above its 50-day moving average on September 17, 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 JCSE advanced for three days, in of 108 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 2 cases where JCSE 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 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. JCSE’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 fair valued 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 (0.328) is normal, around the industry mean (4.675). P/E Ratio (4.499) is within average values for comparable stocks, (50.943). JCSE's Projected Growth (PEG Ratio) (0.000) is slightly lower than the industry average of (2.219). Dividend Yield (0.000) settles around the average of (0.022) among similar stocks. P/S Ratio (0.267) is also within normal values, averaging (5.841).

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. JCSE’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 73, placing this stock worse than average.