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UVV Stock Tickeron detected bearish Stock Pattern: Head-and-Shoulders Top UVV on October 07, 2024, netting in a 3.26% gain over 1 week

A.I.dvisor
at Tickeron.com
10/16/24
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+3.26% Gain from a Successful pattern Head-and-Shoulders Top
UVV - Universal Corp
Tickeron
Ticker: UVV
Company: Universal
Gain from shortening: +3.26%
Confirmed: 10/07/24
Succeeded: 10/14/24
Total length: 10 days
On October 04, 2024, A.I.dvisor detected a Head-and-Shoulders Top Pattern (Bearish) for Universal Corp (UVV, $51.67). 3 days later, on October 07, 2024, A.I.dvisor confirmed the Bearish pattern, setting a target price of the stock. On October 14, 2024, the stock hit the target price of $50.14 – resulting in a gain for traders who shorted the stock on the pattern detection date.

Momentum Indicator for UVV turns negative, indicating new downward trend

UVV saw its Momentum Indicator move below the 0 level on October 18, 2024. This is an indication that the stock could be shifting in to a new downward move. Traders may want to consider selling the stock or exploring put options. Tickeron's A.I.dvisor looked at 79 similar instances where the indicator turned negative. In of the 79 cases, the stock moved further down in the following days. The odds of a decline are at .

Price Prediction Chart

Technical Analysis (Indicators)

Bearish Trend Analysis

The Moving Average Convergence Divergence Histogram (MACD) for UVV turned negative on October 03, 2024. This could be a sign that the stock is set to turn lower in the coming weeks. Traders may want to sell the stock or buy put options. Tickeron's A.I.dvisor looked at 49 similar instances when the indicator turned negative. In of the 49 cases the stock turned lower in the days that followed. This puts the odds of success at .

UVV moved below its 50-day moving average on October 09, 2024 date and that indicates a change from an upward trend to a downward trend.

The 10-day moving average for UVV crossed bearishly below the 50-day moving average on October 10, 2024. This indicates that the trend has shifted lower and could be considered a sell signal. In of 20 past instances when the 10-day crossed below the 50-day, the stock continued to move higher over the following month. The odds of a continued downward trend are .

Following a 3-day decline, the stock is projected to fall further. Considering past instances where UVV 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 Stochastic Oscillator suggests the stock price trend may be in a reversal from a downward trend to an upward trend. of 69 cases where UVV'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 50-day moving average for UVV moved above the 200-day moving average on September 17, 2024. This could be a long-term bullish signal for the stock as the stock shifts to an upward trend.

Following a 3-day Advance, the price is estimated to grow further. Considering data from situations where UVV advanced for three days, in of 326 cases, the price rose further within the following month. The odds of a continued upward trend are .

Fundamental Analysis (Ratings)

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 (0.928) is normal, around the industry mean (3.027). P/E Ratio (10.906) is within average values for comparable stocks, (12.369). UVV's Projected Growth (PEG Ratio) (0.000) is slightly lower than the industry average of (15.195). Dividend Yield (0.060) settles around the average of (0.058) among similar stocks. P/S Ratio (0.471) is also within normal values, averaging (8.286).

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 Price Growth Rating for this company is (best 1 - 100 worst), indicating steady price growth. UVV’s price grows at a higher 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 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 Seasonality Score of (best 1 - 100 worst) indicates that the company is slightly overvalued 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.

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UVV
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published General Information

General Information

a company that processes and distributes burley leaf tobaccos

Industry Tobacco

Profile
Fundamentals
Details
Industry
Tobacco
Address
9201 Forest Hill Avenue
Phone
+1 804 359-9311
Employees
28000
Web
http://www.universalcorp.com