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XNGSY Stock ENN Energy Holdings (XNGSY, $28.95) Moving Average Convergence Divergence (MACD) Histogram turned negative on October 30, 2024

A.I.dvisor
at Tickeron.com
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XNGSY - ENN Energy Holdings Ltd.
MACD signal
Bearish Trend
Odds of DOWN Trend
Tickeron
MACD signal
Price: $28.95
Daily change: -$0.42 (-1.43%)
Daily volume: 19.3K
Industry: Gas Distributors
This is a Bearish indicator signaling XNGSY's price could decline from here. Traders may explore shorting the stock or put options. A.I. dvisor identified 55 similar cases where XNGSY's MACD histogram became negative, and of them led to successful outcomes. Odds of Success:

XNGSY sees MACD Histogram just turned negative

XNGSY saw its Moving Average Convergence Divergence Histogram (MACD) turn negative on October 30, 2024. This is a bearish signal that suggests the stock could decline going forward. Tickeron's A.I.dvisor looked at 55 instances where the indicator turned negative. In of the 55 cases the stock moved lower in the days that followed. This puts the odds of a downward move at .

Price Prediction Chart

Technical Analysis (Indicators)

Bearish Trend Analysis

The Momentum Indicator moved below the 0 level on November 08, 2024. You may want to consider selling the stock, shorting the stock, or exploring put options on XNGSY as a result. In of 83 cases where the Momentum Indicator fell below 0, the stock fell further within the subsequent month. The odds of a continued downward trend are .

XNGSY moved below its 50-day moving average on November 13, 2024 date and that indicates a change from an upward trend to a downward trend.

Following a 3-day decline, the stock is projected to fall further. Considering past instances where XNGSY 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 demonstrated that the ticker has stayed in the oversold zone for 1 day, which means it's wise to expect a price bounce in the near future.

The Aroon Indicator entered an Uptrend today. In of 234 cases where XNGSY 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 Valuation Rating of (best 1 - 100 worst) indicates that the company is slightly 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 (2.404) is normal, around the industry mean (1.804). P/E Ratio (15.974) is within average values for comparable stocks, (24.567). Projected Growth (PEG Ratio) (0.623) is also within normal values, averaging (3.065). Dividend Yield (0.032) settles around the average of (0.050) among similar stocks. P/S Ratio (0.852) is also within normal values, averaging (1.823).

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 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 Price Growth Rating for this company is (best 1 - 100 worst), indicating slightly worse than average price growth. XNGSY’s price grows at a lower rate over the last 12 months as compared to 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 Profit vs. Risk Rating rating for this company is (best 1 - 100 worst), indicating that the returns do not compensate for the risks. XNGSY’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 85, placing this stock worse than average.

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XNGSY
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General Information

Industry GasDistributors

Profile
Fundamentals
Details
Industry
N/A
Address
Xinyuan DongDao Road
Phone
+86 3162599518
Employees
28735
Web
https://www.ennenergy.com