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POOL Stock Tickeron detected bullish Stock Pattern: Head-and-Shoulders Bottom POOL on November 05, 2024, netting in a 8.21% gain over 3 weeks

A.I.dvisor
at Tickeron.com
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+8.21% Gain from a Successful pattern Head-and-Shoulders Bottom
POOL - Pool Corp
Tickeron
Ticker: POOL
Company: Pool
Gain: +8.21%
Confirmed: 11/05/24
Succeeded: 11/25/24
Total length: 25 days
On October 31, 2024, A.I.dvisor detected a Head-and-Shoulders Bottom Pattern (Bullish) for Pool Corp (POOL, $360.42). On November 05, 2024, A.I.dvisor confirmed the Bullish pattern, setting a target price of $389.87. 20 days later, on November 25, 2024, POOL reached the target price resulting in a for traders who took a long position in the stock.

POOL sees its 50-day moving average cross bullishly above its 200-day moving average

The 50-day moving average for POOL moved above the 200-day moving average on November 11, 2024. This could be a long-term bullish signal for the stock as the stock shifts to an upward trend.

Price Prediction Chart

Technical Analysis (Indicators)

Bullish Trend Analysis

The Stochastic Oscillator suggests the stock price trend may be in a reversal from a downward trend to an upward trend. of 59 cases where POOL's Stochastic Oscillator exited the oversold zone resulted in an increase in price. Tickeron's analysis proposes that the odds of a continued upward trend are .

The Momentum Indicator moved above the 0 level on November 25, 2024. You may want to consider a long position or call options on POOL as a result. In of 98 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 POOL just turned positive on November 22, 2024. Looking at past instances where POOL'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 .

POOL moved above its 50-day moving average on November 22, 2024 date and that indicates a change from a downward trend to an upward trend.

The 10-day moving average for POOL crossed bullishly above the 50-day moving average on November 27, 2024. This indicates that the trend has shifted higher and could be considered a buy signal. In of 15 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 3-day Advance, the price is estimated to grow further. Considering data from situations where POOL advanced for three days, in of 331 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 269 cases where POOL 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 10-day RSI Indicator for POOL moved out of overbought territory on November 26, 2024. This could be a bearish sign for the stock. Traders may want to consider selling the stock or buying put options. Tickeron's A.I.dvisor looked at 32 similar instances where the indicator moved out of overbought territory. In of the 32 cases, the stock moved lower in the following days. This puts the odds of a move lower at .

Following a 3-day decline, the stock is projected to fall further. Considering past instances where POOL declined for three days, the price rose further in of 62 cases within the following month. The odds of a continued downward trend are .

POOL broke above its upper Bollinger Band on November 25, 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 SMR rating for this company is (best 1 - 100 worst), indicating very strong sales and a profitable 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 Price Growth Rating for this company is (best 1 - 100 worst), indicating steady price growth. POOL’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: POOL's P/B Ratio (11.737) is very high in comparison to the industry average of (4.278). P/E Ratio (30.080) is within average values for comparable stocks, (34.609). POOL's Projected Growth (PEG Ratio) (0.000) is very low in comparison to the industry average of (2.470). Dividend Yield (0.011) settles around the average of (0.025) among similar stocks. P/S Ratio (2.826) is also within normal values, averaging (1.551).

The Tickeron PE Growth Rating for this company is (best 1 - 100 worst), pointing to 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 well-balanced risk and returns. The average Profit vs. Risk Rating rating for the industry is 52, placing this stock slightly better than average.

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.

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POOL
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A.I.Advisor
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General Information

a distributor of swimming pool supplies and related products

Industry WholesaleDistributors

Profile
Fundamentals
Details
Industry
Wholesale Distributors
Address
109 Northpark Boulevard
Phone
+1 985 892-5521
Employees
6000
Web
https://www.poolcorp.com