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UUU Stock Tickeron detected bullish Stock Pattern: Rectangle Top UUU on October 07, 2024, netting in a 3.93% gain over 1 week

A.I.dvisor
at Tickeron.com
10/19/24
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+3.93% Gain from a Successful pattern Rectangle Top
UUU - Universal Security Instruments
Tickeron
Ticker: UUU
Company: Universal Security Instruments
Gain: +3.93%
Confirmed: 10/07/24
Succeeded: 10/17/24
Total length: 13 days
On October 04, 2024, A.I.dvisor detected a Rectangle Top Pattern (Bullish) for Universal Security Instruments (UUU, $1.27). On October 07, 2024, A.I.dvisor confirmed the Bullish pattern, setting a target price of $1.40. 10 days later, on October 17, 2024, UUU reached the target price resulting in a for traders who took a long position in the stock.

UUU in +15.45% Uptrend, advancing for three consecutive days on October 18, 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 UUU advanced for three days, in of 236 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 Stochastic Oscillator suggests the stock price trend may be in a reversal from a downward trend to an upward trend. of 67 cases where UUU'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 Momentum Indicator moved above the 0 level on October 11, 2024. You may want to consider a long position or call options on UUU as a result. In of 99 past instances where the momentum indicator moved above 0, the stock continued to climb. The odds of a continued upward trend are .

The Moving Average Convergence Divergence (MACD) for UUU just turned positive on October 03, 2024. Looking at past instances where UUU's MACD turned positive, the stock continued to rise in of 47 cases over the following month. The odds of a continued upward trend are .

UUU moved above its 50-day moving average on October 16, 2024 date and that indicates a change from a downward trend to an upward trend.

The 10-day moving average for UUU crossed bullishly above the 50-day moving average on October 17, 2024. This indicates that the trend has shifted higher and could be considered a buy signal. In of 12 past instances when the 10-day crossed above the 50-day, the stock continued to move higher over the following month. The odds of a continued upward trend are .

Bearish Trend Analysis

The RSI Oscillator demonstrated that the stock has entered the overbought zone. This may point to a price pull-back soon.

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

UUU broke above its upper Bollinger Band on October 18, 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 Seasonality Score of (best 1 - 100 worst) indicates that the company is fair valued in the industry. The Tickeron Seasonality score describes the variance of predictable price changes around the same period every calendar year. These changes can be tied to a specific month, quarter, holiday or vacation period, as well as a meteorological or growing season.

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

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 Valuation Rating of (best 1 - 100 worst) indicates that the company is slightly overvalued 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 (0.680) is normal, around the industry mean (27.010). P/E Ratio (10.667) is within average values for comparable stocks, (88.031). UUU's Projected Growth (PEG Ratio) (0.000) is slightly lower than the industry average of (1.729). Dividend Yield (0.000) settles around the average of (0.038) among similar stocks. P/S Ratio (0.176) is also within normal values, averaging (11.835).

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. UUU’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 79, placing this stock worse than average.

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.

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General Information

a manufacturer of safety and security devices

Industry MiscellaneousCommercialServices

Profile
Fundamentals
Details
Industry
Electronics Or Appliances
Address
11407 Cronhill Drive
Phone
+1 410 363-3000
Employees
7
Web
https://www.universalsecurity.com