MLP saw its Moving Average Convergence Divergence Histogram (MACD) turn negative on October 31, 2023. This is a bearish signal that suggests the stock could decline going forward. Tickeron's A.I.dvisor looked at 54 instances where the indicator turned negative. In of the 54 cases the stock moved lower in the days that followed. This puts the odds of a downward move at .
The Stochastic Oscillator has been in the overbought zone for 1 day. Expect a price pull-back in the near future.
The Momentum Indicator moved below the 0 level on November 24, 2023. You may want to consider selling the stock, shorting the stock, or exploring put options on MLP as a result. In of 122 cases where the Momentum Indicator fell below 0, the stock fell further within the subsequent 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 MLP 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 MLP entered a downward trend on November 28, 2023. This could indicate a strong downward move is ahead for the stock. Traders may want to consider selling the stock or buying put options.
The RSI Indicator points to a transition from a downward trend to an upward trend -- in cases where MLP's RSI Indicator exited the oversold zone, of 24 resulted in an increase in price. Tickeron's analysis proposes that the odds of a continued upward trend are .
MLP moved above its 50-day moving average on November 21, 2023 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 MLP advanced for three days, in of 289 cases, the price rose further within the following month. The odds of a continued upward trend are .
MLP may jump back above the lower band and head toward the middle band. Traders may consider buying the stock or exploring call options.
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. MLP’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 89, placing this stock slightly better than average.
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 (9.033) is normal, around the industry mean (2.445). MLP's P/E Ratio (294.118) is considerably higher than the industry average of (37.819). Projected Growth (PEG Ratio) (0.000) is also within normal values, averaging (1.520). Dividend Yield (0.000) settles around the average of (0.058) among similar stocks. P/S Ratio (32.258) is also within normal values, averaging (12.996).
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 average fundamental analysis ratings, where 1 is best and 100 is worst, are as follows
a manager of residential, resort, commercial, and industrial real estate
Industry RealEstateDevelopment
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A.I.dvisor tells us that MLP and LEJU have been poorly correlated (+25% of the time) for the last year. This A.I.-generated data suggests there is low statistical probability that MLP and LEJU's prices will move in lockstep.
Ticker / NAME | Correlation To MLP | 1D Price Change % |
---|---|---|
MLP | 100% | -1.27% |
commerce (undefined stocks) | 17% Poorly correlated | +1.18% |
real estate development (undefined stocks) | 16% Poorly correlated | +0.62% |
Real Estate Development (undefined stocks) | 11% Poorly correlated | +0.03% |
residential (undefined stocks) | 5% Poorly correlated | +0.81% |
resorts (undefined stocks) | 4% Poorly correlated | -0.20% |