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MCHX Stock Tickeron detected bullish Stock Pattern: Head-and-Shoulders Bottom MCHX on December 04, 2024, netting in a 25.71% gain over 3 weeks

A.I.dvisor
at Tickeron.com
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+25.71% Gain from a Successful pattern Head-and-Shoulders Bottom
MCHX - Marchex
Tickeron
Ticker: MCHX
Company: Marchex
Gain: +25.71%
Confirmed: 12/04/24
Succeeded: 12/09/24
Total length: 26 days
On November 13, 2024, A.I.dvisor detected a Head-and-Shoulders Bottom Pattern (Bullish) for Marchex (MCHX, $1.75). On December 04, 2024, A.I.dvisor confirmed the Bullish pattern, setting a target price of $2.14. 5 days later, on December 09, 2024, MCHX reached the target price resulting in a +2 for traders who took a long position in the stock.

MCHX's RSI Indicator peaks and leaves overbought zone

The 10-day RSI Indicator for MCHX moved out of overbought territory on December 12, 2024. This could be a sign that the stock is shifting from an upward trend to a downward trend. Traders may want to look at selling the stock or buying put options. Tickeron's A.I.dvisor looked at 30 instances where the indicator moved out of the overbought zone. In of the 30 cases the stock moved lower in the days that followed. This puts the odds of a move down at .

Price Prediction Chart

Technical Analysis (Indicators)

Bearish Trend Analysis

The Stochastic Oscillator may be shifting from an upward trend to a downward trend. In of 54 cases where MCHX'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 MCHX declined for three days, the price rose further in of 62 cases within the following month. The odds of a continued downward trend are .

MCHX broke above its upper Bollinger Band on December 06, 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 27, 2024. You may want to consider a long position or call options on MCHX as a result. In of 94 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 MCHX just turned positive on November 26, 2024. Looking at past instances where MCHX's MACD turned positive, the stock continued to rise in of 44 cases over the following month. The odds of a continued upward trend are .

MCHX moved above its 50-day moving average on December 04, 2024 date and that indicates a change from a downward trend to an upward trend.

The 10-day moving average for MCHX crossed bullishly above the 50-day moving average on December 06, 2024. This indicates that the trend has shifted higher and could be considered a buy signal. In of 17 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 .

Following a +1 3-day Advance, the price is estimated to grow further. Considering data from situations where MCHX advanced for three days, in of 248 cases, the price rose further within the following month. The odds of a continued upward trend are .

Fundamental Analysis (Ratings)

The Tickeron Price Growth Rating for this company is (best 1 - 100 worst), indicating steady price growth. MCHX’s price grows at a higher rate over the last 12 months as compared to S&P 500 index constituents.

The Tickeron Seasonality Score of (best 1 - 100 worst) indicates that the company is fair valued 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 (1.604) is normal, around the industry mean (6.091). P/E Ratio (0.000) is within average values for comparable stocks, (187.448). Projected Growth (PEG Ratio) (0.000) is also within normal values, averaging (2.550). MCHX has a moderately low Dividend Yield (0.000) as compared to the industry average of (0.036). P/S Ratio (1.310) is also within normal values, averaging (20.567).

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 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. MCHX’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 88, placing this stock worse than average.

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General Information

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Profile
Fundamentals
Details
Industry
Internet Software Or Services
Address
520 Pike Street
Phone
+1 206 331-3300
Employees
193
Web
https://www.marchex.com