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RTC Stock Baijiayun Group (RTC, $7.99) Moving Average Convergence Divergence (MACD) Histogram turned positive on November 7, 2024

A.I.dvisor
at Tickeron.com
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RTC - Baijiayun Group Ltd
MACD signal
Bullish Trend
Odds of UP Trend
Tickeron
MACD signal
Price: $7.9902
Daily change: +$0.0402 (+0.51%)
Daily volume: 69.9K
Capitalization: $164.7M
Industry: Packaged Software
This is a Bullish indicator signaling RTC's price could rise from here. Traders may explore going long the stock or buying call options. A.I. dvisor identified 48 similar cases where RTC's MACD histogram became positive, and of them led to successful outcomes. Odds of Success:

Aroon Indicator for RTC shows an upward move is likely

RTC's Aroon Indicator triggered a bullish signal on November 21, 2024. Tickeron's A.I.dvisor detected that the AroonUp green line is above 70 while the AroonDown red line is below 30. When the up indicator moves above 70 and the down indicator remains below 30, it is a sign that the stock could be setting up for a bullish move. Traders may want to buy the stock or look to buy calls options. A.I.dvisor looked at 183 similar instances where the Aroon Indicator showed a similar pattern. In of the 183 cases, the stock moved higher in the days that followed. This puts the odds of a move higher at .

Price Prediction Chart

Technical Analysis (Indicators)

Bullish Trend Analysis

The Momentum Indicator moved above the 0 level on November 12, 2024. You may want to consider a long position or call options on RTC as a result. In of 100 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 RTC just turned positive on November 07, 2024. Looking at past instances where RTC's MACD turned positive, the stock continued to rise in of 46 cases over the following month. The odds of a continued upward trend are .

RTC moved above its 50-day moving average on October 24, 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 RTC advanced for three days, in of 265 cases, the price rose further within the following month. The odds of a continued upward trend are .

Bearish Trend Analysis

The 10-day RSI Indicator for RTC moved out of overbought territory on November 20, 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 30 similar instances where the indicator moved out of overbought territory. In of the 30 cases, the stock moved lower in the following days. This puts the odds of a move lower at .

The Stochastic Oscillator entered the overbought zone. Expect a price pull-back in the foreseeable future.

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

RTC broke above its upper Bollinger Band on November 12, 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 Price Growth Rating for this company is (best 1 - 100 worst), indicating steady price growth. RTC’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: P/B Ratio (1.038) is normal, around the industry mean (30.427). P/E Ratio (3.014) is within average values for comparable stocks, (162.588). Projected Growth (PEG Ratio) (0.000) is also within normal values, averaging (2.738). Dividend Yield (0.000) settles around the average of (0.084) among similar stocks. P/S Ratio (0.953) is also within normal values, averaging (56.764).

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 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 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 Profit vs. Risk Rating rating for this company is (best 1 - 100 worst), indicating that the returns do not compensate for the risks. RTC’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 88, placing this stock worse than average.

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General Information

a developer of high quality plastic film

Industry PackagedSoftware

Profile
Fundamentals
Details
Industry
Chemicals Specialty
Address
No. 32 Fengzhan Road
Phone
+86 2582221596
Employees
361
Web
https://ir.baijiayun.com