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STN Stock Tickeron detected bearish Stock Pattern: Wedge Falling STN on September 27, 2023, netting in a 4.77% gain over 3 weeks

A.I.dvisor
at Tickeron.com
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+4.77% Gain from a Successful pattern Wedge Falling
STN - Stantec
Tickeron
Ticker: STN
Company: Stantec
Gain from shortening: +4.77%
Confirmed: 09/27/23
Succeeded: 10/19/23
Total length: 23 days
On September 26, 2023, A.I.dvisor detected a Wedge Falling Pattern (Bearish) for Stantec (STN, $64.93). 1 day later, on September 27, 2023, A.I.dvisor confirmed the Bearish pattern, setting a target price of the stock. On October 19, 2023, the stock hit the target price of $62.12 – resulting in a gain for traders who shorted the stock on the pattern detection date.

STN sees MACD Histogram crosses below signal line

STN saw its Moving Average Convergence Divergence Histogram (MACD) turn negative on November 08, 2024. This is a bearish signal that suggests the stock could decline going forward. Tickeron's A.I.dvisor looked at 46 instances where the indicator turned negative. In of the 46 cases the stock moved lower in the days that followed. This puts the odds of a downward move at .

Price Prediction Chart

Technical Analysis (Indicators)

Bearish Trend Analysis

The 10-day RSI Indicator for STN moved out of overbought territory on October 14, 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 43 similar instances where the indicator moved out of overbought territory. In of the 43 cases, the stock moved lower in the following days. This puts the odds of a move lower at .

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

STN 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 Stochastic Oscillator suggests the stock price trend may be in a reversal from a downward trend to an upward trend. of 42 cases where STN's Stochastic Oscillator exited the oversold zone resulted in an increase in price. Tickeron's analysis proposes that the odds of a continued upward trend are .

The Momentum Indicator moved above the 0 level on November 13, 2024. You may want to consider a long position or call options on STN as a result. In of 87 past instances where the momentum indicator moved above 0, the stock continued to climb. The odds of a continued upward trend are .

STN moved above its 50-day moving average on November 11, 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 STN advanced for three days, in of 350 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 336 cases where STN 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 65, placing this stock better than average.

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 Price Growth Rating for this company is (best 1 - 100 worst), indicating steady price growth. STN’s price grows at a higher 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.

The Tickeron Seasonality Score of (best 1 - 100 worst) indicates that the company is slightly overvalued 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 (4.831) is normal, around the industry mean (5.184). P/E Ratio (37.518) is within average values for comparable stocks, (52.820). Projected Growth (PEG Ratio) (0.000) is also within normal values, averaging (1.732). Dividend Yield (0.007) settles around the average of (0.031) among similar stocks. P/S Ratio (1.839) is also within normal values, averaging (3.095).

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STN
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General Information

a provider of engineering, architecture, and related professional services

Industry EngineeringConstruction

Profile
Fundamentals
Details
Industry
Engineering And Construction
Address
10220 - 103 Avenue NW
Phone
+1 780 917-7022
Employees
28000
Web
http://www.stantec.com