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STRT Stock Tickeron detected bullish Stock Pattern: Wedge Rising STRT on December 04, 2024, netting in a 10.58% gain over 2 months

A.I.dvisor
at Tickeron.com
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+10.58% Gain from a Successful pattern Wedge Rising
STRT - STRATTEC SECURITY Corp
Tickeron
Ticker: STRT
Company: STRATTEC SECURITY
Gain: +10.58%
Confirmed: 12/04/24
Succeeded: 02/11/25
Total length: 70 days
On December 03, 2024, A.I.dvisor detected a Wedge Rising Pattern (Bullish) for STRATTEC SECURITY Corp (STRT, $42.42). On December 04, 2024, A.I.dvisor confirmed the Bullish pattern, setting a target price of $47.83. 69 days later, on February 11, 2025, STRT reached the target price resulting in a +1 for traders who took a long position in the stock.

STRT in +7.27% Uptrend, rising for three consecutive days on February 13, 2025

Moving higher for three straight days is viewed as a bullish sign. Keep an eye on this stock for future growth. Considering data from situations where STRT advanced for three days, in of 278 cases, the price rose further within the following month. The odds of a continued upward trend are .

Price Prediction Chart

Technical Analysis (Indicators)

Bullish Trend Analysis

The Momentum Indicator moved above the 0 level on February 10, 2025. You may want to consider a long position or call options on STRT as a result. In of 93 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 STRT just turned positive on February 10, 2025. Looking at past instances where STRT's MACD turned positive, the stock continued to rise in of 45 cases over the following month. The odds of a continued upward trend are .

STRT moved above its 50-day moving average on February 10, 2025 date and that indicates a change from a downward trend to an upward trend.

The 10-day moving average for STRT crossed bullishly above the 50-day moving average on February 13, 2025. This indicates that the trend has shifted higher and could be considered a buy signal. In of 18 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 .

Bearish Trend Analysis

The 10-day RSI Indicator for STRT moved out of overbought territory on February 21, 2025. 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 24 similar instances where the indicator moved out of overbought territory. In of the 24 cases, the stock moved lower in the following days. This puts the odds of a move lower at .

The Stochastic Oscillator demonstrated that the ticker has stayed in the overbought zone for 7 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 STRT declined for three days, the price rose further in of 62 cases within the following month. The odds of a continued downward trend are .

STRT broke above its upper Bollinger Band on February 10, 2025. 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.

The Aroon Indicator for STRT entered a downward trend on February 07, 2025. 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)

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

The Tickeron Profit vs. Risk Rating rating for this company is (best 1 - 100 worst), indicating well-balanced risk and returns. The average Profit vs. Risk Rating rating for the industry is 85, placing this stock slightly better than average.

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 (0.511) is normal, around the industry mean (12.278). STRT's P/E Ratio (601.500) is considerably higher than the industry average of (44.155). STRT's Projected Growth (PEG Ratio) (1.671) is slightly higher than the industry average of (0.991). STRT has a moderately low Dividend Yield (0.000) as compared to the industry average of (0.029). P/S Ratio (0.185) is also within normal values, averaging (27.643).

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.

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STRT
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General Information

an automotive access control products designer

Industry AutoPartsOEM

Profile
Fundamentals
Details
Industry
Auto Parts OEM
Address
3333 West Good Hope Road
Phone
+1 414 247-3333
Employees
3752
Web
https://www.strattec.com