RDEIY saw its Momentum Indicator move below the 0 level on December 10, 2024. This is an indication that the stock could be shifting in to a new downward move. Traders may want to consider selling the stock or exploring put options. Tickeron's A.I.dvisor looked at 96 similar instances where the indicator turned negative. In of the 96 cases, the stock moved further down in the following days. The odds of a decline are at .
The Moving Average Convergence Divergence Histogram (MACD) for RDEIY turned negative on December 12, 2024. 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 48 similar instances when the indicator turned negative. In of the 48 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 RDEIY 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 RSI Oscillator points to a transition from a downward trend to an upward trend -- in cases where RDEIY's RSI Oscillator exited the oversold zone, of 19 resulted in an increase in price. Tickeron's analysis proposes that the odds of a continued upward trend are .
The Stochastic Oscillator shows that the ticker has stayed in the oversold zone for 4 days. 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 upward trend is expected.
Following a 3-day Advance, the price is estimated to grow further. Considering data from situations where RDEIY advanced for three days, in of 312 cases, the price rose further within the following month. The odds of a continued upward trend are .
RDEIY 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 264 cases where RDEIY Aroon's Indicator entered an Uptrend, the price rose further within the following month. The odds of a continued Uptrend are .
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 (1.468) is normal, around the industry mean (1.714). P/E Ratio (12.151) is within average values for comparable stocks, (23.466). RDEIY's Projected Growth (PEG Ratio) (0.000) is slightly lower than the industry average of (2.620). Dividend Yield (0.066) settles around the average of (0.074) among similar stocks. P/S Ratio (3.957) is also within normal values, averaging (3.109).
The Tickeron PE Growth Rating for this company is (best 1 - 100 worst), pointing to consistent 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 66, placing this stock slightly better than average.
The Tickeron Price Growth Rating for this company is (best 1 - 100 worst), indicating fairly steady price growth. RDEIY’s price grows at a lower 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 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.
Industry ElectricUtilities
1 Day | |||
---|---|---|---|
MFs / NAME | Price $ | Chg $ | Chg % |
GLRIX | 22.30 | -0.07 | -0.31% |
James Balanced: Golden Rainbow Instl | |||
ECEOX | 10.68 | -0.04 | -0.37% |
Lazard Emerging Markets Core Equity Open | |||
JCVVX | 36.57 | -0.35 | -0.95% |
JHancock Classic Value R5 | |||
WRLGF | 0.39 | -0.01 | -3.28% |
WEST RED LAKE GOLD MINES LTD. | |||
LRMAX | 23.72 | -1.15 | -4.62% |
Lord Abbett Dividend Growth F3 |
A.I.dvisor indicates that over the last year, RDEIY has been loosely correlated with IBDRY. These tickers have moved in lockstep 66% of the time. This A.I.-generated data suggests there is some statistical probability that if RDEIY jumps, then IBDRY could also see price increases.
Ticker / NAME | Correlation To RDEIY | 1D Price Change % | ||
---|---|---|---|---|
RDEIY | 100% | +0.46% | ||
IBDRY - RDEIY | 66% Loosely correlated | +0.04% | ||
TEZNY - RDEIY | 57% Loosely correlated | -0.25% | ||
ENLAY - RDEIY | 52% Loosely correlated | -0.95% | ||
EONGY - RDEIY | 50% Loosely correlated | -3.17% | ||
SSEZY - RDEIY | 50% Loosely correlated | -0.58% | ||
More |