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RKUNY Stock Rakuten Group (RKUNY, $6.3) price moved above its 50-day Moving Average on October 03, 2024

A.I.dvisor
at Tickeron.com
10/04/24
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RKUNY - Rakuten Group Inc.
Moving Avg. signal
Bullish Trend
Odds of UP Trend
Moving Avg. signal
Price: $6.3
Daily change: +$0.06 (+0.96%)
Daily volume: 48.5K
Industry: Internet Retail
This price move could indicate a change in the trend, and may be a buy signal for investors. A.I.dvisor found 45 similar cases, and were successful. Based on this data, the odds of success are

RKUNY's Stochastic Oscillator stays in oversold zone for 2 days

Be on the lookout for a price bounce soon.

Price Prediction Chart

Technical Analysis (Indicators)

Bullish Trend Analysis

RKUNY moved above its 50-day moving average on October 03, 2024 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 RKUNY advanced for three days, in of 280 cases, the price rose further within the following month. The odds of a continued upward trend are .

RKUNY may jump back above the lower band and head toward the middle band. Traders may consider buying the stock or exploring call options.

Bearish Trend Analysis

The 10-day RSI Indicator for RKUNY moved out of overbought territory on September 04, 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 26 similar instances where the indicator moved out of overbought territory. In of the 26 cases, the stock moved lower in the following days. This puts the odds of a move lower at .

The Momentum Indicator moved below the 0 level on September 24, 2024. You may want to consider selling the stock, shorting the stock, or exploring put options on RKUNY as a result. In of 90 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 RKUNY turned negative on September 09, 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 42 similar instances when the indicator turned negative. In of the 42 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 RKUNY 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 RKUNY entered a downward trend on October 04, 2024. This could indicate a strong downward move is ahead for the stock. Traders may want to consider selling the stock or buying put options.

Fundamental Analysis (Ratings)

Fear & Greed

Tickeron has a negative outlook on this ticker and predicts a further decline by more than 4.00% within the next month with a likelihood of 81%.

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 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. RKUNY’s price grows at a higher rate over the last 12 months as compared to S&P 500 index constituents.

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.

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 (2.320) is normal, around the industry mean (4.292). P/E Ratio (0.000) is within average values for comparable stocks, (71.163). RKUNY's Projected Growth (PEG Ratio) (0.000) is slightly lower than the industry average of (1.293). Dividend Yield (0.000) settles around the average of (0.024) among similar stocks. P/S Ratio (0.926) is also within normal values, averaging (5.944).

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. RKUNY’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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General Information

Industry InternetRetail

Profile
Fundamentals
Details
Industry
N/A
Address
4-12-3 Higashishinagawa
Phone
+81 354950810
Employees
17214
Web
https://www.rakuten.co.jp