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SNEX Stock StoneX Group (SNEX, $83.24) Moving Average Convergence Divergence (MACD) Histogram turned positive on October 7, 2024

A.I.dvisor
at Tickeron.com
10/08/24
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SNEX - StoneX Group
MACD signal
Bullish Trend
Odds of UP Trend
Tickeron
MACD signal
Price: $83.24
Daily change: -$0.1 (-0.12%)
Daily volume: 59K
Industry: Investment Banks/Brokers
This is a Bullish indicator signaling SNEX's price could rise from here. Traders may explore going long the stock or buying call options. A.I. dvisor identified 45 similar cases where SNEX's MACD histogram became positive, and of them led to successful outcomes. Odds of Success:

SNEX's RSI Indicator leaves overbought zone

The 10-day RSI Oscillator for SNEX moved out of overbought territory on October 18, 2024. This could be a sign that the stock is shifting from an upward trend to a downward trend. Traders may want to look at selling the stock or buying put options. Tickeron's A.I.dvisor looked at 42 instances where the indicator moved out of the overbought zone. In of the 42 cases the stock moved lower in the days that followed. This puts the odds of a move down at .

Price Prediction Chart

Technical Analysis (Indicators)

Bearish Trend Analysis

The Stochastic Oscillator demonstrated that the ticker has stayed in the overbought zone for 8 days. The longer the ticker stays in the overbought zone, the sooner a price pull-back is expected.

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

SNEX broke above its upper Bollinger Band on October 11, 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.

Bullish Trend Analysis

The Momentum Indicator moved above the 0 level on October 07, 2024. You may want to consider a long position or call options on SNEX as a result. In of 82 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 SNEX just turned positive on October 07, 2024. Looking at past instances where SNEX'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 .

SNEX moved above its 50-day moving average on September 13, 2024 date and that indicates a change from a downward trend to an upward trend.

The 10-day moving average for SNEX crossed bullishly above the 50-day moving average on September 19, 2024. This indicates that the trend has shifted higher and could be considered a buy signal. In of 23 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 SNEX advanced for three days, in of 320 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 278 cases where SNEX Aroon's Indicator entered an Uptrend, the price rose further within the following month. The odds of a continued Uptrend are .

Fundamental Analysis (Ratings)

The Tickeron Profit vs. Risk Rating rating for this company is (best 1 - 100 worst), indicating low risk on high returns. The average Profit vs. Risk Rating rating for the industry is 71, placing this stock better than average.

The Tickeron Price Growth Rating for this company is (best 1 - 100 worst), indicating steady price growth. SNEX’s price grows at a higher rate over the last 12 months as compared to S&P 500 index constituents.

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 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.

The Tickeron Valuation Rating of (best 1 - 100 worst) indicates that the company is slightly 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 (1.473) is normal, around the industry mean (5.669). P/E Ratio (8.745) is within average values for comparable stocks, (33.940). SNEX's Projected Growth (PEG Ratio) (0.000) is slightly lower than the industry average of (2.610). SNEX has a moderately low Dividend Yield (0.000) as compared to the industry average of (0.030). P/S Ratio (0.029) is also within normal values, averaging (110.541).

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SNEX
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General Information

a company, which engages in the provision of brokerage and financial services

Industry InvestmentBanksBrokers

Profile
Fundamentals
Details
Industry
N/A
Address
230 Park Avenue
Phone
+1 212 485-3500
Employees
4000
Web
https://www.stonex.com