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VSME Stock Tickeron detected bearish Stock Pattern: Cup-and-Handle Inverse VSME on July 26, 2024, netting in a 49.82% gain over 2 weeks

A.I.dvisor
at Tickeron.com
08/09/24
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+49.82% Gain from a Successful pattern Cup-and-Handle Inverse
VSME - VS Media Holdings Limited
Ticker: VSME
Company: VS Media Holdings
Gain from shortening: +49.82%
Confirmed: 07/26/24
Succeeded: 08/08/24
Total length: 14 days
On July 25, 2024, A.I.dvisor detected a Cup-and-Handle Inverse Pattern (Bearish) for VS Media Holdings Limited (VSME, $1.69). 1 day later, on July 26, 2024, A.I.dvisor confirmed the Bearish pattern, setting a target price of the stock. On August 08, 2024, the stock hit the target price of $0.85 – resulting in a +4 gain for traders who shorted the stock on the pattern detection date.

VSME's RSI Indicator is remaining in overbought zone for 1 day

Watch for a price pull-back in the near future.

Price Prediction Chart

Technical Analysis (Indicators)

Bearish Trend Analysis

The Stochastic Oscillator has been in the overbought zone for 1 day. Expect a price pull-back in the near future.

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

VSME broke above its upper Bollinger Band on October 16, 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.

Bullish Trend Analysis

The Momentum Indicator moved above the 0 level on October 15, 2024. You may want to consider a long position or call options on VSME as a result. In of 16 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 VSME just turned positive on October 15, 2024. Looking at past instances where VSME's MACD turned positive, the stock continued to rise in of 6 cases over the following month. The odds of a continued upward trend are .

VSME moved above its 50-day moving average on October 15, 2024 date and that indicates a change from a downward trend to an upward trend.

The 10-day moving average for VSME crossed bullishly above the 50-day moving average on October 16, 2024. This indicates that the trend has shifted higher and could be considered a buy signal. In of 2 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 .

Following a +13 3-day Advance, the price is estimated to grow further. Considering data from situations where VSME advanced for three days, in of 42 cases, the price rose further within the following month. The odds of a continued upward trend are .

Fundamental Analysis (Ratings)

The Tickeron Price Growth Rating for this company is (best 1 - 100 worst), indicating steady price growth. VSME’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 (9.921) is normal, around the industry mean (5.919). P/E Ratio (0.000) is within average values for comparable stocks, (184.042). Projected Growth (PEG Ratio) (0.000) is also within normal values, averaging (2.366). VSME has a moderately low Dividend Yield (0.000) as compared to the industry average of (0.037). P/S Ratio (0.999) is also within normal values, averaging (19.925).

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. VSME’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 88, placing this stock worse than average.

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VSME
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General Information

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Profile
Fundamentals
Details
Industry
N/A
Address
75 Hung To Road
Phone
+852 28891313
Employees
41
Web
https://www.vs-media.com