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PGRU Stock Tickeron detected bearish Stock Pattern: Triple Tops PGRU on October 24, 2023, netting in a 14.56% gain over 3 weeks

A.I.dvisor
at Tickeron.com
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+14.56% Gain from a Successful pattern Triple Tops
PGRU - PropertyGuru Group Limited
Tickeron
Ticker: PGRU
Company: PropertyGuru Group
Gain from shortening: +14.56%
Confirmed: 10/24/23
Succeeded: 11/08/23
Total length: 21 days
On October 18, 2023, A.I.dvisor detected a Triple Tops Pattern (Bearish) for PropertyGuru Group Limited (PGRU, $4.23). 6 days later, on October 24, 2023, A.I.dvisor confirmed the Bearish pattern, setting a target price of the stock. On November 08, 2023, the stock hit the target price of $3.28 – resulting in a +1 gain for traders who shorted the stock on the pattern detection date.

PGRU in downward trend: price may decline as a result of having broken its higher Bollinger Band on November 15, 2024

PGRU broke above its upper Bollinger Band on November 15, 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. The A.I.dvisor looked at 16 similar instances where the stock broke above the upper band. In of the 16 cases the stock fell afterwards. This puts the odds of success 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 27 cases where PGRU's Stochastic Oscillator exited the overbought zone, the price fell further within the following month. The odds of a continued downward trend are .

Bullish Trend Analysis

The Momentum Indicator moved above the 0 level on November 08, 2024. You may want to consider a long position or call options on PGRU as a result. In of 54 past instances where the momentum indicator moved above 0, the stock continued to climb. The odds of a continued upward trend are .

Following a 3-day Advance, the price is estimated to grow further. Considering data from situations where PGRU advanced for three days, in of 129 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 69 cases where PGRU 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 Valuation Rating of (best 1 - 100 worst) indicates that the company is slightly undervalued 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 (1.383) is normal, around the industry mean (10.901). P/E Ratio (0.000) is within average values for comparable stocks, (50.708). Projected Growth (PEG Ratio) (0.000) is also within normal values, averaging (3.441). Dividend Yield (0.000) settles around the average of (0.026) among similar stocks. P/S Ratio (5.528) is also within normal values, averaging (19.253).

The Tickeron Price Growth Rating for this company is (best 1 - 100 worst), indicating steady price growth. PGRU’s price grows at a higher rate over the last 12 months as compared to 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 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. PGRU’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 90, placing this stock worse than average.

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PGRU
Daily Signalchanged days ago
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General Information

Industry InternetSoftwareServices

Profile
Fundamentals
Details
Industry
N/A
Address
Paya Lebar Quarter
Phone
+65 65385971
Employees
1526
Web
https://www.propertygurugroup.com