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WU Stock Tickeron detected bearish Stock Pattern: Rectangle Bottom WU on October 03, 2024, netting in a 1.11% gain over 2 weeks

A.I.dvisor
at Tickeron.com
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+1.11% Gain from a Successful pattern Rectangle Bottom
WU - Western Union Company (The)
Tickeron
Ticker: WU
Company: Western Union Company (The)
Gain from shortening: +1.11%
Confirmed: 10/03/24
Succeeded: 10/23/24
Total length: 20 days
On October 03, 2024, A.I.dvisor detected a Rectangle Bottom Pattern (Bearish) for Western Union Company (The) (WU, $11.68). On October 03, 2024, A.I.dvisor confirmed the Bearish pattern, setting a target price of the stock. On October 23, 2024, the stock hit the target price of $11.13 – resulting in a gain for traders who shorted the stock on the pattern detection date.

WU's Indicator enters downward trend

The Aroon Indicator for WU entered a downward trend on November 15, 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 205 similar instances where the Aroon Indicator formed such a pattern. In of the 205 cases the stock moved lower. This puts the odds of a downward move at .

Price Prediction Chart

Technical Analysis (Indicators)

Bearish Trend Analysis

WU moved below its 50-day moving average on October 21, 2024 date and that indicates a change from an upward trend to a downward trend.

The 10-day moving average for WU crossed bearishly below the 50-day moving average on October 24, 2024. This indicates that the trend has shifted lower and could be considered a sell signal. In of 12 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 WU 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 Indicator points to a transition from a downward trend to an upward trend -- in cases where WU's RSI Oscillator exited the oversold zone, of 34 resulted in an increase in price. Tickeron's analysis proposes that the odds of a continued upward trend are .

The Stochastic Oscillator shows that the ticker has stayed in the oversold zone for 17 days. The price of this ticker is presumed to bounce back soon, since the longer the ticker stays in the oversold zone, the more promptly an upward trend is expected.

The Momentum Indicator moved above the 0 level on November 15, 2024. You may want to consider a long position or call options on WU as a result. In of 108 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 WU just turned positive on November 15, 2024. Looking at past instances where WU's MACD turned positive, the stock continued to rise in of 46 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 WU advanced for three days, in of 327 cases, the price rose further within the following month. The odds of a continued upward trend are .

WU 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 SMR rating for this company is (best 1 - 100 worst), indicating very strong sales and a profitable 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 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 (9.814) is normal, around the industry mean (4.760). P/E Ratio (8.179) is within average values for comparable stocks, (55.979). Projected Growth (PEG Ratio) (3.212) is also within normal values, averaging (3.039). Dividend Yield (0.068) settles around the average of (0.041) among similar stocks. P/S Ratio (1.172) is also within normal values, averaging (3.178).

The Tickeron Price Growth Rating for this company is (best 1 - 100 worst), indicating slightly worse than average price growth. WU’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 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 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.

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. WU’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.

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General Information

a provider of money transfer services

Industry FinanceRentalLeasing

Profile
Fundamentals
Details
Industry
Finance Or Rental Or Leasing
Address
7001 East Belleview Avenue
Phone
+1 866 405-5012
Employees
9000
Web
https://www.westernunion.com