Marine Shipping Soars: Gain +3.01% $CMRE, $CPLP, $EGLE, $ESEA, $GASS and More!
Riding the Wave of Marine Shipping: A Comprehensive Market Overview 🚢📈
Description:
Discover the recent 3.01% surge in the Marine Shipping sector. This blog presents a detailed analysis of significant tickers influencing this uptrend. Stay ahead with insights on market movements and sectoral shifts without the risk assessment fog.
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Industry Description:
The Marine Shipping sector, experiencing a 3.01% monthly gain, plays a pivotal role in passenger transportation and cargo shipping via waterways. Despite aviation's rise, short trips and pleasure cruises maintain the industry's relevance, with players like $TK, $KEX, and $SSW leading the way.
Tickers in this Group:
$CMRE $CPLP $DAC $DSX $EGLE $ESEA $GASS $GNK $KEX $NAT $NMM $PANL $SB $SBLK $SFL $SHIP $KNOP $ASC $MATX $GOGL $NETI $SMHI $GRIN $ZIM $HSHP $TORO
Market Cap:
With an average market cap of $893.5M, the sector ranges from $TORO's $104.7M to $KEX's $4.9B, demonstrating varied investment opportunities for traders with different appetites.
High and Low Price Notable News:
Weekly, monthly, and quarterly price growth averages at 1.82%, 3.01%, and 15.58%, respectively. $SMHI soared by 13.77%, while $ZIM slightly dipped at -8.49%. Notably, $GOGL, which fluctuated between gains and losses, is predicted to continue its uptrend.
Volume:
The group observed a substantial volume growth, with weekly, monthly, and quarterly averages at 42.85%, 72.56%, and 32.86% respectively, highlighting increased trading activity in stocks like $KEX and $MATX.
Fundamental Analysis Ratings:
The group's average ratings are as follows:
- Valuation Rating: 30
- P/E Growth Rating: 39
- Price Growth Rating: 48
- SMR Rating: 61
- Profit Risk Rating: 60
- Seasonality Score: 0
Ticker Description:
- $CMRE: With an 86% chance of continued uptrend after breaking its lower Bollinger Band, it’s a ticker to watch.
- $CPLP: Experiencing a slight downtrend but showing signs of reversal, $CPLP’s current price at $14.01 is likely to jump back above the lower band.
- $EGLE: With MACD turning positive and a 90% chance of continuing its upward trajectory, $EGLE is a promising player in the market.
- $ESEA: With a bullish Aroon Indicator and 90% probability of an upward move, it's a strong contender for your portfolio.
- $GASS: Successfully moved above its 50-day Moving Average, indicating a possible continuous uptrend with an 88% probability.
- $GNK: After surpassing its 50-day Moving Average, it's showing an 83% chance of maintaining the uptrend.
- $NAT: With the MACD indicator turning positive, there’s an 82% chance of an upward price movement.
- $NMM: Currently trading between resistance lines with an 84% chance of upward trend continuation.
- $PANL: With an RSI recovering from the oversold territory and an 84% chance of a bullish move, it's one to watch.
- $SB: Demonstrating a probable 82% chance of uptrend continuation after breaking its lower Bollinger Band.
- $SHIP: With its 50-day MA crossing above the 200-day MA, it’s signaling a long-term bullish trend.
- $KNOP: Its price is likely to continue rising, with a 62% chance of uptrend continuation after moving above its 50-day MA.
- $MATX: With the MACD turning positive and a 77% likelihood of an upward trend, it offers potential for investors.
- $GOGL: The 10-day MA moving above the 50-day MA signals a 79% chance of continued uptrend.
- $GRIN: With a continuous 3-day uptrend and an 86% chance of further growth, it's a stock to consider.
- $TORO: Despite a slight weekly downtrend, it experienced a 10% monthly uptrend, presenting potential for reversal and growth.
The Marine Shipping sector’s recent 3.01% gain opens doors for savvy traders. With a positive outlook predicted for tickers like $CMRE, $CPLP, and $EGLE, understanding these market movements and sectoral shifts is crucial for capitalizing on these trading opportunities. Stay tuned for more insightful analyses on other booming sectors in the financial landscape! 🌊🌐
CMRE in upward trend: price may jump up because it broke its lower Bollinger Band on February 06, 2025
CMRE may jump back above the lower band and head toward the middle band. Traders may consider buying the stock or exploring call options. In of 37 cases where CMRE's price broke its lower Bollinger Band, its price rose further in the following month. The odds of a continued upward trend are .
Technical Analysis (Indicators)
Bullish Trend Analysis
The RSI Oscillator points to a transition from a downward trend to an upward trend -- in cases where CMRE's RSI Indicator exited the oversold zone, of 23 resulted in an increase in price. Tickeron's analysis proposes that the odds of a continued upward trend are .
The Stochastic Oscillator shows that the ticker has stayed in the oversold zone for 22 days. The price of this ticker is presumed to bounce back soon, since the longer the ticker stays in the oversold zone, the more promptly an upward trend is expected.
Following a 3-day Advance, the price is estimated to grow further. Considering data from situations where CMRE advanced for three days, in of 319 cases, the price rose further within the following month. The odds of a continued upward trend are .
Bearish Trend Analysis
The Momentum Indicator moved below the 0 level on January 16, 2025. You may want to consider selling the stock, shorting the stock, or exploring put options on CMRE as a result. In of 80 cases where the Momentum Indicator fell below 0, the stock fell further within the subsequent month. The odds of a continued downward trend are .
The Moving Average Convergence Divergence Histogram (MACD) for CMRE turned negative on January 17, 2025. This could be a sign that the stock is set to turn lower in the coming weeks. Traders may want to sell the stock or buy put options. Tickeron's A.I.dvisor looked at 44 similar instances when the indicator turned negative. In of the 44 cases the stock turned lower in the days that followed. This puts the odds of success at .
Following a 3-day decline, the stock is projected to fall further. Considering past instances where CMRE declined for three days, the price rose further in of 62 cases within the following month. The odds of a continued downward trend are .
The Aroon Indicator for CMRE entered a downward trend on February 20, 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.
The Tickeron Valuation Rating of (best 1 - 100 worst) indicates that the company is slightly undervalued 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 (0.500) is normal, around the industry mean (2.578). P/E Ratio (4.291) is within average values for comparable stocks, (25.072). CMRE's Projected Growth (PEG Ratio) (0.000) is very low in comparison to the industry average of (0.627). Dividend Yield (0.044) settles around the average of (0.097) among similar stocks. P/S Ratio (0.599) is also within normal values, averaging (1.741).
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 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 73, placing this stock slightly better than average.
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 Price Growth Rating for this company is (best 1 - 100 worst), indicating slightly worse than average price growth. CMRE’s price grows at a lower rate over the last 12 months as compared to S&P 500 index constituents.
Notable companies
Industry description
Market Cap
High and low price notable news
Volume
Fundamental Analysis Ratings
The average fundamental analysis ratings, where 1 is best and 100 is worst, are as follows
General Information
Industry MarineShipping