The price of this ticker is presumed to bounce back soon, since the longer the ticker stays in the oversold zone, the more promptly an uptrend is expected.
The RSI Indicator demonstrates that the ticker has stayed in the oversold zone for 1 day, which means it's wise to expect a price bounce in the near future.
Following a 3-day Advance, the price is estimated to grow further. Considering data from situations where PI advanced for three days, in of 336 cases, the price rose further within the following month. The odds of a continued upward trend are .
PI may jump back above the lower band and head toward the middle band. Traders may consider buying the stock or exploring call options.
The Aroon Indicator entered an Uptrend today. In of 252 cases where PI Aroon's Indicator entered an Uptrend, the price rose further within the following month. The odds of a continued Uptrend are .
The Momentum Indicator moved below the 0 level on September 15, 2023. You may want to consider selling the stock, shorting the stock, or exploring put options on PI as a result. In of 89 cases where the Momentum Indicator fell below 0, the stock fell further within the subsequent month. The odds of a continued downward trend are .
The Moving Average Convergence Divergence Histogram (MACD) for PI turned negative on September 20, 2023. This could be a sign that the stock is set to turn lower in the coming weeks. Traders may want to sell the stock or buy put options. Tickeron's A.I.dvisor looked at 46 similar instances when the indicator turned negative. In of the 46 cases the stock turned lower in the days that followed. This puts the odds of success at .
Following a 3-day decline, the stock is projected to fall further. Considering past instances where PI 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 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 Price Growth Rating for this company is (best 1 - 100 worst), indicating slightly worse than average price growth. PI’s price grows at a lower 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 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: PI's P/B Ratio (39.841) is slightly higher than the industry average of (7.684). P/E Ratio (0.000) is within average values for comparable stocks, (43.680). Projected Growth (PEG Ratio) (0.000) is also within normal values, averaging (2.202). PI has a moderately low Dividend Yield (0.000) as compared to the industry average of (0.042). P/S Ratio (4.515) is also within normal values, averaging (22.669).
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 average fundamental analysis ratings, where 1 is best and 100 is worst, are as follows
a provider of RFID solutions to retail, pharmaceutical, healthcare and many other industries
Industry TelecommunicationsEquipment
A.I.dvisor indicates that over the last year, PI has been loosely correlated with HPE. These tickers have moved in lockstep 39% of the time. This A.I.-generated data suggests there is some statistical probability that if PI jumps, then HPE could also see price increases.
Ticker / NAME | Correlation To PI | 1D Price Change % |
---|---|---|
PI | 100% | +1.68% |
Telecommunications Equipment (undefined stocks) | 52% Loosely correlated | -0.08% |
equipment (undefined stocks) | 40% Loosely correlated | +0.06% |
retail (undefined stocks) | 40% Loosely correlated | -0.34% |
instrumentation (undefined stocks) | 38% Loosely correlated | +0.02% |
electronic (undefined stocks) | 38% Loosely correlated | +0.06% |
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