MENU

USEA Stock Tickeron detected bullish Stock Pattern: Triple Bottoms USEA on September 17, 2024, netting in a 3.11% gain over 2 months

A.I.dvisor
at Tickeron.com
Loading...
+3.11% Gain from a Successful pattern Triple Bottoms
USEA - United Maritime Corp
Tickeron
Ticker: USEA
Company: United Maritime
Gain: +3.11%
Confirmed: 09/17/24
Succeeded: 09/25/24
Total length: 77 days
On July 10, 2024, A.I.dvisor detected a Triple Bottoms Pattern (Bullish) for United Maritime Corp (USEA, $2.57). On September 17, 2024, A.I.dvisor confirmed the Bullish pattern, setting a target price of $2.76. 8 days later, on September 25, 2024, USEA reached the target price resulting in a for traders who took a long position in the stock.

USEA's Indicator enters downward trend

The Aroon Indicator for USEA entered a downward trend on December 17, 2024. 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 104 similar instances where the Aroon Indicator formed such a pattern. In of the 104 cases the stock moved lower. This puts the odds of a downward move at .

Price Prediction Chart

Technical Analysis (Indicators)

Bearish Trend Analysis

Following a 3-day decline, the stock is projected to fall further. Considering past instances where USEA declined for three days, the price rose further in of 62 cases within the following month. The odds of a continued downward trend are .

Bullish Trend Analysis

The RSI Oscillator points to a transition from a downward trend to an upward trend -- in cases where USEA's RSI Oscillator exited the oversold zone, of 11 resulted in an increase in price. Tickeron's analysis proposes that the odds of a continued upward trend are .

The Stochastic Oscillator suggests the stock price trend may be in a reversal from a downward trend to an upward trend. of 27 cases where USEA's Stochastic Oscillator exited the oversold zone resulted in an increase in price. Tickeron's analysis proposes that the odds of a continued upward trend are .

The Moving Average Convergence Divergence (MACD) for USEA just turned positive on December 18, 2024. Looking at past instances where USEA's MACD turned positive, the stock continued to rise in of 22 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 USEA advanced for three days, in of 129 cases, the price rose further within the following month. The odds of a continued upward trend are .

USEA may jump back above the lower band and head toward the middle band. Traders may consider buying the stock or exploring call options.

Fundamental Analysis (Ratings)

The Tickeron PE Growth Rating for this company is (best 1 - 100 worst), pointing to outstanding 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 Valuation Rating of (best 1 - 100 worst) indicates that the company is seriously 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 (0.259) is normal, around the industry mean (2.204). P/E Ratio (2.140) is within average values for comparable stocks, (20.939). USEA's Projected Growth (PEG Ratio) (0.000) is very low in comparison to the industry average of (0.454). Dividend Yield (0.164) settles around the average of (0.093) among similar stocks. P/S Ratio (0.346) is also within normal values, averaging (1.681).

The Tickeron Price Growth Rating for this company is (best 1 - 100 worst), indicating slightly worse than average price growth. USEA’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 Profit vs. Risk Rating rating for this company is (best 1 - 100 worst), indicating that the returns do not compensate for the risks. USEA’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 73, placing this stock worse than average.

View a ticker or compare two or three
USEA
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 MarineShipping

Profile
Fundamentals
Details
Industry
N/A
Address
154 Vouliagmenis Avenue
Phone
+30 2130181507
Employees
2
Web
https://www.unitedmaritime.gr/en