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WYY Stock Tickeron detected bullish Stock Pattern: Three Rising Valleys WYY on November 18, 2024, netting in a 36.12% gain over 4 days

A.I.dvisor
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+36.12% Gain from a Successful pattern Three Rising Valleys
WYY - WidePoint Corp
Tickeron
Ticker: WYY
Company: WidePoint
Gain: +36.12%
Confirmed: 11/18/24
Succeeded: 11/19/24
Total length: 4 days
On November 15, 2024, A.I.dvisor detected a Three Rising Valleys Pattern (Bullish) for WidePoint Corp (WYY, $3.71). On November 18, 2024, A.I.dvisor confirmed the Bullish pattern, setting a target price of $4.99. 1 day later, on November 19, 2024, WYY reached the target price resulting in a +3 for traders who took a long position in the stock.

WYY saw its Stochastic Oscillator leaves the overbought zone

The Stochastic Oscillator for WYY moved out of overbought territory on December 11, 2024. This could be a bearish sign for the stock and investors may want to consider selling or taking a defensive position. A.I.dvisor looked at 47 similar instances where the indicator exited the overbought zone. In of the 47 cases the stock moved lower. This puts the odds of a downward move at .

Price Prediction Chart

Technical Analysis (Indicators)

Bearish Trend Analysis

The 10-day RSI Indicator for WYY moved out of overbought territory on December 10, 2024. This could be a bearish sign for the stock. Traders may want to consider selling the stock or buying put options. Tickeron's A.I.dvisor looked at 27 similar instances where the indicator moved out of overbought territory. In of the 27 cases, the stock moved lower in the following days. This puts the odds of a move lower at .

The Momentum Indicator moved below the 0 level on December 17, 2024. You may want to consider selling the stock, shorting the stock, or exploring put options on WYY as a result. In of 100 cases where the Momentum Indicator fell below 0, the stock fell further within the subsequent month. The odds of a continued downward trend are .

The Moving Average Convergence Divergence Histogram (MACD) for WYY turned negative on December 16, 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 43 similar instances when the indicator turned negative. In of the 43 cases the stock turned lower in the days that followed. This puts the odds of success at .

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

WYY broke above its upper Bollinger Band on December 06, 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

Following a 3-day Advance, the price is estimated to grow further. Considering data from situations where WYY advanced for three days, in of 250 cases, the price rose further within the following month. The odds of a continued upward trend are .

The Aroon Indicator entered an Uptrend today. In of 193 cases where WYY Aroon's Indicator entered an Uptrend, the price rose further within the following month. The odds of a continued Uptrend are .

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 Price Growth Rating for this company is (best 1 - 100 worst), indicating steady price growth. WYY’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 (3.249) is normal, around the industry mean (31.409). P/E Ratio (0.000) is within average values for comparable stocks, (50.839). WYY's Projected Growth (PEG Ratio) (0.000) is slightly lower than the industry average of (1.774). WYY has a moderately low Dividend Yield (0.000) as compared to the industry average of (0.023). P/S Ratio (0.316) is also within normal values, averaging (34.834).

The Tickeron Seasonality Score of (best 1 - 100 worst) indicates that the company is significantly 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. WYY’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 80, 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 provider of information technology solutions to the government and commercial markets

Industry InformationTechnologyServices

Profile
Fundamentals
Details
Industry
Data Processing Services
Address
11250 Waples Mill Road
Phone
+1 703 349-2577
Employees
234
Web
https://www.widepoint.com