MENU

TPET Stock Tickeron detected bullish Stock Pattern: Three Rising Valleys TPET on August 05, 2024, netting in a 19.13% gain over 3 days

A.I.dvisor
at Tickeron.com
Loading...
+19.13% Gain from a Successful pattern Three Rising Valleys
TPET - Trio Petroleum Corp
Tickeron
Ticker: TPET
Company: Trio Petroleum
Gain: +19.13%
Confirmed: 08/05/24
Succeeded: 08/05/24
Total length: 3 days
On August 02, 2024, A.I.dvisor detected a Three Rising Valleys Pattern (Bullish) for Trio Petroleum Corp (TPET, $0.25). On August 05, 2024, A.I.dvisor confirmed the Bullish pattern, setting a target price of $0.28. On August 05, 2024, TPET reached the target price resulting in a +1 for traders who took a long position in the stock.

TPET's Stochastic Oscillator is sitting in oversold zone for 5 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 uptrend is expected.

Price Prediction Chart

Technical Analysis (Indicators)

Bullish Trend Analysis

The RSI Indicator shows that the ticker has stayed in the oversold zone for 5 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 Uptrend is expected.

The Moving Average Convergence Divergence (MACD) for TPET just turned positive on November 29, 2024. Looking at past instances where TPET's MACD turned positive, the stock continued to rise in of 14 cases over the following month. The odds of a continued upward trend are .

Bearish Trend Analysis

Following a 3-day decline, the stock is projected to fall further. Considering past instances where TPET 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 TPET entered a downward trend on December 10, 2024. 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 Valuation Rating of (best 1 - 100 worst) indicates that the company is fair valued 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 (0.422) is normal, around the industry mean (4.423). P/E Ratio (0.000) is within average values for comparable stocks, (19.470). Projected Growth (PEG Ratio) (0.000) is also within normal values, averaging (5.566). Dividend Yield (0.000) settles around the average of (0.084) among similar stocks. P/S Ratio (0.000) is also within normal values, averaging (156.728).

The Tickeron Price Growth Rating for this company is (best 1 - 100 worst), indicating slightly worse than average price growth. TPET’s price grows at a lower 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 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.

The Tickeron Profit vs. Risk Rating rating for this company is (best 1 - 100 worst), indicating that the returns do not compensate for the risks. TPET’s unstable profits reported over time resulted in significant Drawdowns within these last five years. A stable profit reduces stock drawdown and volatility. The average Profit vs. Risk Rating rating for the industry is 75, placing this stock worse than average.

View a ticker or compare two or three
TPET
Daily Signalchanged days ago
Gain/Loss if bought
Show more...
Ad is loading...
A.I.Advisor
published price charts
A.I. Advisor
published General Information

General Information

Industry OilGasProduction

Profile
Fundamentals
Details
Industry
N/A
Address
4115 Blackhawk Plaza Circle
Phone
+1 661 324-3911
Employees
7
Web
http://www.triopetro.com