SGE Stock Tickeron detected bullish Stock Pattern: Cup-and-Handle SGE on August 22, 2024, netting in a 22.79% gain over 4 days
SGE in -12.58% downward trend, falling for three consecutive days on September 19, 2024
Moving lower for three straight days is viewed as a bearish sign. Keep an eye on this stock for future declines. Considering data from situations where SGE declined for three days, in of 79 cases, the price declined further within the following month. The odds of a continued downward trend are .
Technical Analysis (Indicators)
Bearish Trend Analysis
The Aroon Indicator for SGE entered a downward trend on September 27, 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.
Bullish Trend Analysis
The Momentum Indicator moved above the 0 level on September 20, 2024. You may want to consider a long position or call options on SGE as a result. In of 34 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 SGE just turned positive on September 24, 2024. Looking at past instances where SGE's MACD turned positive, the stock continued to rise in of 14 cases over the following month. The odds of a continued upward trend are .
SGE moved above its 50-day moving average on September 24, 2024 date and that indicates a change from a downward trend to an upward trend.
The 10-day moving average for SGE crossed bullishly above the 50-day moving average on September 27, 2024. This indicates that the trend has shifted higher and could be considered a buy signal. In of 7 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 .
Fundamental Analysis (Ratings)
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 (1.115) is normal, around the industry mean (6.307). P/E Ratio (17.020) is within average values for comparable stocks, (58.153). Projected Growth (PEG Ratio) (0.000) is also within normal values, averaging (55.962). SGE has a moderately low Dividend Yield (0.000) as compared to the industry average of (0.034). P/S Ratio (0.204) is also within normal values, averaging (11.483).
The Tickeron Price Growth Rating for this company is (best 1 - 100 worst), indicating fairly steady price growth. SGE’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 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 Tickeron Profit vs. Risk Rating rating for this company is (best 1 - 100 worst), indicating that the returns do not compensate for the risks. SGE’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 78, placing this stock worse than average.
General Information
Industry ComputerPeripherals