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.
🏥📈 Uncover Opportunities in Marine Shipping with AI! 💼💉
The world of managed Marine Shipping offers intriguing prospects, and our AI-powered trading tools are your companions for success in this sector.
📉 "Swing Trader for Beginners: Trading in Markets Trending Down (TA&FA)" equips you with the skills to navigate markets trending down, potentially unlocking gains even in challenging conditions.
📈 If you're looking to capitalize on upward trends, "Swing Trader for Beginners: Trading in Markets Trending Up (TA&FA)" is designed to identify these opportunities, empowering you to make informed trading decisions.
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's Indicator enters downward trend
The Aroon Indicator for CMRE entered a downward trend on January 02, 2025. Tickeron's A.I.dvisor identified a pattern where the AroonDown red line was above 70 while the AroonUp green line was below 30 for three straight days. This could indicate a strong downward move is ahead for the stock. Traders may want to consider selling the stock or buying put options. A.I.dvisor looked at 218 similar instances where the Aroon Indicator formed such a pattern. In of the 218 cases the stock moved lower. This puts the odds of a downward move at .
Technical Analysis (Indicators)
Bearish Trend Analysis
The Momentum Indicator moved below the 0 level on January 08, 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 .
CMRE moved below its 50-day moving average on January 03, 2025 date and that indicates a change from an upward trend to a downward trend.
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 .
CMRE broke above its upper Bollinger Band on January 02, 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.
Bullish Trend Analysis
The RSI Indicator points to a transition from a downward trend to an upward trend -- in cases where CMRE's RSI Indicator exited the oversold zone, of 26 resulted in an increase in price. Tickeron's analysis proposes that the odds of a continued upward trend are .
The Stochastic Oscillator is in the oversold zone. Keep an eye out for a move up in the foreseeable future.
The Moving Average Convergence Divergence (MACD) for CMRE just turned positive on December 24, 2024. Looking at past instances where CMRE'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 .
Following a 3-day Advance, the price is estimated to grow further. Considering data from situations where CMRE advanced for three days, in of 325 cases, the price rose further within the following month. The odds of a continued upward trend are .
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 (0.591) is normal, around the industry mean (2.568). P/E Ratio (4.083) is within average values for comparable stocks, (23.806). CMRE's Projected Growth (PEG Ratio) (0.000) is very low in comparison to the industry average of (0.494). Dividend Yield (0.037) settles around the average of (0.091) among similar stocks. P/S Ratio (0.719) is also within normal values, averaging (1.724).
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 steady price growth. CMRE’s price grows at a higher 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