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MBLY Stock Tickeron detected bullish Stock Pattern: Triangle Symmetrical Bottom MBLY on October 30, 2024, netting in a 47.18% gain over 1 month

A.I.dvisor
at Tickeron.com
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+47.18% Gain from a Successful pattern Triangle Symmetrical Bottom
MBLY - Mobileye Global
Tickeron
Ticker: MBLY
Company: Mobileye Global
Gain: +47.18%
Confirmed: 10/30/24
Succeeded: 11/25/24
Total length: 33 days
On October 23, 2024, A.I.dvisor detected a Triangle Symmetrical Bottom Pattern (Bullish) for Mobileye Global (MBLY, $12.57). On October 30, 2024, A.I.dvisor confirmed the Bullish pattern, setting a target price of $18.21. 26 days later, on November 25, 2024, MBLY reached the target price resulting in a +4 for traders who took a long position in the stock.

MBLY's MACD Histogram crosses above signal line

The Moving Average Convergence Divergence (MACD) for MBLY turned positive on December 17, 2024. Looking at past instances where MBLY's MACD turned positive, the stock continued to rise in of 14 cases over 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 December 16, 2024. You may want to consider a long position or call options on MBLY as a result. In of 36 past instances where the momentum indicator moved above 0, the stock continued to climb. The odds of a continued upward trend are .

Following a +1 3-day Advance, the price is estimated to grow further. Considering data from situations where MBLY advanced for three days, in of 115 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 67 cases where MBLY Aroon's Indicator entered an Uptrend, the price rose further within the following month. The odds of a continued Uptrend are .

Bearish Trend Analysis

The RSI Indicator demonstrated that the stock has entered the overbought zone. This may point to a price pull-back soon.

The Stochastic Oscillator entered the overbought zone. Expect a price pull-back in the foreseeable future.

MBLY broke above its upper Bollinger Band on December 16, 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.

Fundamental Analysis (Ratings)

The Tickeron Price Growth Rating for this company is (best 1 - 100 worst), indicating steady price growth. MBLY’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 (1.734) is normal, around the industry mean (12.167). P/E Ratio (0.000) is within average values for comparable stocks, (44.822). MBLY's Projected Growth (PEG Ratio) (0.000) is slightly lower than the industry average of (0.959). MBLY has a moderately low Dividend Yield (0.000) as compared to the industry average of (0.029). P/S Ratio (12.422) is also within normal values, averaging (27.378).

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 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 Tickeron Profit vs. Risk Rating rating for this company is (best 1 - 100 worst), indicating that the returns do not compensate for the risks. MBLY’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 86, placing this stock worse than average.

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MBLY
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General Information

Industry AutoPartsOEM

Profile
Fundamentals
Details
Industry
Auto Parts OEM
Address
c/o Mobileye B.V.
Phone
+972 25417333
Employees
3700
Web
https://www.mobileye.com