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USAS Stock Tickeron detected bullish Stock Pattern: Head-and-Shoulders Bottom USAS on September 13, 2024, netting in a 33.15% gain over 1 month

A.I.dvisor
at Tickeron.com
10/10/24
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+33.15% Gain from a Successful pattern Head-and-Shoulders Bottom
USAS - Americas Gold and Silver Corp
Tickeron
Ticker: USAS
Company: Americas Gold and Silver
Gain: +33.15%
Confirmed: 09/13/24
Succeeded: 10/08/24
Total length: 34 days
On September 04, 2024, A.I.dvisor detected a Head-and-Shoulders Bottom Pattern (Bullish) for Americas Gold and Silver Corp (USAS, $0.24). On September 13, 2024, A.I.dvisor confirmed the Bullish pattern, setting a target price of $0.35. 25 days later, on October 08, 2024, USAS reached the target price resulting in a +3 for traders who took a long position in the stock.

USAS in +6.54% Uptrend, rising for three consecutive days on October 16, 2024

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 USAS advanced for three days, in of 225 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 50-day moving average for USAS moved above the 200-day moving average on September 27, 2024. This could be a long-term bullish signal for the stock as the stock shifts to an upward trend.

The Aroon Indicator entered an Uptrend today. In of 125 cases where USAS Aroon's Indicator entered an Uptrend, the price rose further within the following month. The odds of a continued Uptrend are .

Bearish Trend Analysis

The RSI Indicator demonstrates 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.

The Stochastic Oscillator demonstrated that the ticker has stayed in the overbought zone for 19 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 USAS declined for three days, the price rose further in of 62 cases within the following month. The odds of a continued downward trend are .

USAS broke above its upper Bollinger Band on October 09, 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.

Fundamental Analysis (Ratings)

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

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 (0.828) is normal, around the industry mean (7.438). P/E Ratio (0.000) is within average values for comparable stocks, (100.002). Projected Growth (PEG Ratio) (0.000) is also within normal values, averaging (3.023). Dividend Yield (0.000) settles around the average of (0.084) among similar stocks. P/S Ratio (0.539) is also within normal values, averaging (244.708).

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. USAS’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 87, placing this stock worse than average.

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USAS
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A.I. Advisor
published General Information

General Information

a miner for silver, gold, and other minerals

Industry OtherMetalsMinerals

Profile
Fundamentals
Details
Industry
N/A
Address
145 King Street West
Phone
+1 416 848-9503
Employees
578
Web
https://www.americas-gold.com