CMRE: Looking to Bullishly Breakout with the Dry Bulk IndexCostamare has a history of following the moves of the Baltic Dry Index which tracks the charter rates of various different Dry Bulk Ships and recently we've seen BDRY (the ETF that tracks the BDI) double in value and it has taken many marine shippers up with it but CMRE despite trading at good valuations is yet to move out of its trading range which is typical for this stock as it usually moves just a bit slower than the BDI.
When comparing the two you can see the BDI has already broken out and is heading for the highs but CMRE has not made any meaningful moves up, however it is attempting a breakout with some hidden bullish divergence it formed at the previous support and is now above the 55 and 200 week moving averages.
If it follows the move the BDI has made we could see CMRE come up to test the 61.8% Retrace at $16.62 or the 0.886 at $22.45 at this point in time that would open up the possibility of an ABCD move being completed to the upside that could lead it all the way up to $38.40.
I will leave below some Related Ideas within the sector and the chart of the Baltic Dry Index ETF (BDRY)
Bullish Flag
Link appears to be finally breaking up from the bullflag. After countless wicks above the pink channel on the daily time frame, link finally broke upward with authority and has already reached the channel’s measured move target. Once we switch to the weekly timeframe shown here, we can see that channel is also a very valid looking weekly bullflag and the measured move target for the bullflag Breakout is $25.30 or so. Now that it has reached the 1st target of the two (channel breakout) some consolidation or slight pullback before heading up to the higher bullflag target is always possible, but I anticipate it reaching the full bullflag target soon enough *not financial advice*
Compare trend and price GOOG vs GOOGLTo understand the difference between Alphabet Inc - Ordinary Shares - Class C (GOOG) vs. Alphabet Inc - Ordinary Shares - Class A (GOOGL) it is enough to know the definitions of Ordinary Shares - Class C and Ordinary Shares - Class A
Ordinary Shares - Class C - Ordinary shares Class C usually refers to ordinary shares with no-voting rights (except for the cases described in the company's reports) . Investors of Class C shares are not entitled to offer a proposal to make a merger, takeover, or other change of control proposal, or to engage in a proxy contest for the election of directors. The issuance of shares Class C won't result in voting dilution to the holders of shares Class A and B. The holders of Class C stock will be entitled to share equally with the holders of Class A Stock and Class B Stock any dividends that the company may authorize.
Ordinary Shares - Class A - Class A shares usually refer to common stocks with more voting rights than Class B shares. They often imply enhanced benefits such as dividend priority and liquidation preferences to the holder. Traditionally, this type of share helps a company's management to keep control over the company.
Stock price -- (GOOG: $154.84 vs. GOOGL: $153.57)
Brand notoriety: GOOG and GOOGL are both notable
Both companies represent the Internet Software/Services industry
Current volume relative to the 65-day Moving Average: GOOG: 99% vs. GOOGL: 88%
Market capitalization -- GOOG: $1.73T vs. GOOGL: $1.73T
GOOG is valued at $1.73T. GOOGL’s market capitalization is $1.73T. The market cap for tickers in the industry ranges from $1.73T to $0. The average market capitalization across the industry is $52.46B.
Long-Term Analysis
It is best to consider a long-term outlook for a ticker by using Fundamental Analysis (FA) ratings. The rating of 1 to 100, where 1 is best and 100 is worst, is divided into thirds. The first third (a green rating of 1-33) indicates that the ticker is undervalued; the second third (a grey number between 34 and 66) means that the ticker is valued fairly; and the last third (red number of 67 to 100) reflects that the ticker is undervalued. We use an FA Score to show how many ratings show the ticker to be undervalued (green) or overvalued (red).
GOOG’s FA Score shows that 3 FA rating(s) are green whileGOOGL’s FA Score has 3 green FA rating(s).
GOOG’s FA Score: 3 green, 2 red.
GOOGL’s FA Score: 3 green, 2 red.
According to our system of comparison, both GOOG and GOOGL are a good buy in the long-term.
Short-Term Analysis
It is best to consider a short-term outlook for a ticker by using Technical Analysis (TA) indicators. We use Odds of Success as the percentage of outcomes which confirm successful trade signals in the past.
If the Odds of Success (the likelihood of the continuation of a trend) for each indicator are greater than 50%, then the generated signal is confirmed. A green percentage from 90% to 51% indicates that the ticker is in a bullish trend. A red percentage from 90% - 51% indicates that the ticker is in a bearish trend. All grey percentages are below 50% and are considered not to confirm the trend signal.
GOOG’s TA Score shows that 4 TA indicator(s) are bullish while GOOGL’s TA Score has 4 bullish TA indicator(s).
GOOG’s TA Score: 4 bullish, 4 bearish.
GOOGL’s TA Score: 4 bullish, 4 bearish.
According to our system of comparison, GOOGL is a better buy in the short-term than GOOG.
This week, GOOG (@Internet Software/Services) price moved +4.83%, while GOOGL (@Internet Software/Services) price moved +5.19% over the same period.
The average weekly price growth across all stocks in the @Internet Software/Services industry was +2.10%. For the same industry, the average monthly price growth was +0.31%, and the average quarterly price growth was +3777.08%.
Reported Earning Dates
GOOG is expected to report earnings on Apr 23, 2024.
PYTH:GOOG
GOOGL is expected to report earnings on Apr 23, 2024.
UNISWAP:MGOOGLUST_4B70CC
@Internet Software/Services (+2.10% weekly)
Companies in this industry typically license software on a subscription basis and it is centrally hosted. Such products usually go by the names web-based software, on-demand software and hosted software. Cloud computing has emerged as a major force in this space, making it possible to save files to a remote database (without requiring them to be saved on local storage device); as long as a device has access to the web, it can access the data and the software programs to run it. This has in many cases facilitated cost efficiency, speed and security of data for businesses and consumers. Alphabet Inc., Facebook, Inc. and Yahoo! Inc. are some well-known names in the internet software/services industry.
Momentum Indicator for GOOG turns positive, indicating new upward trend
GOOG saw its Momentum Indicator move above the 0 level on January 10, 2024. This is an indication that the stock could be shifting in to a new upward move. Traders may want to consider buying the stock or buying call options. Tickeron's A.I.dvisor looked at 94 similar instances where the indicator turned positive. In 65 of the 94 cases, the stock moved higher in the following days. The odds of a move higher are at 69%.
Price Prediction Chart
Technical Analysis (Indicators)
Bullish Trend Analysis
The Moving Average Convergence Divergence (MACD) for GOOG just turned positive on January 10, 2024. Looking at past instances where GOOG's MACD turned positive, the stock continued to rise in 27 of 46 cases over the following month. The odds of a continued upward trend are 59%.
Following a +0.78% 3-day Advance, the price is estimated to grow further. Considering data from situations where GOOG advanced for three days, in 235 of 357 cases, the price rose further within the following month. The odds of a continued upward trend are 66%.
The Aroon Indicator entered an Uptrend today. In 200 of 326 cases where GOOG Aroon's Indicator entered an Uptrend, the price rose further within the following month. The odds of a continued Uptrend are 61%.
Bearish Trend Analysis
The RSI Indicator demonstrates that the ticker has stayed in the overbought zone for 6 days. The longer the ticker stays in the overbought zone, the sooner a price pull-back is expected.
The Stochastic Oscillator demonstrated that the ticker has stayed in the overbought zone for 12 days. The longer the ticker stays in the overbought zone, the sooner a price pull-back is expected.
Following a 3-day decline, the stock is projected to fall further. Considering past instances where GOOG declined for three days, the price rose further in 50 of 62 cases within the following month. The odds of a continued downward trend are 50%.
GOOG broke above its upper Bollinger Band on January 25, 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.
Fundamental Analysis (Ratings)
Fear & Greed
The Tickeron Price Growth Rating for this company is 7 (best 1 - 100 worst), indicating outstanding price growth. GOOG’s price grows at a higher rate over the last 12 months as compared to S&P 500 index constituents.
The Tickeron Profit vs. Risk Rating rating for this company is 16 (best 1 - 100 worst), indicating low risk on high returns. The average Profit vs. Risk Rating rating for the industry is 90, placing this stock better than average.
The Tickeron PE Growth Rating for this company is 24 (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 SMR rating for this company is 39 (best 1 - 100 worst), indicating 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 Seasonality Score of 46 (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 Valuation Rating of 73 (best 1 - 100 worst) indicates that the company is slightly overvalued 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 (6.349) is normal, around the industry mean (17.206). P/E Ratio (26.525) is within average values for comparable stocks, (45.758). Projected Growth (PEG Ratio) (1.305) is also within normal values, averaging (3.673). Dividend Yield (0.000) settles around the average of (0.025) among similar stocks. P/S Ratio (5.974) is also within normal values, averaging (9.088).
Momentum Indicator for GOOGL turns positive, indicating new upward trend
GOOGL saw its Momentum Indicator move above the 0 level on January 10, 2024. This is an indication that the stock could be shifting in to a new upward move. Traders may want to consider buying the stock or buying call options. Tickeron's A.I.dvisor looked at 92 similar instances where the indicator turned positive. In 65 of the 92 cases, the stock moved higher in the following days. The odds of a move higher are at 71%.
Price Prediction Chart
Technical Analysis (Indicators)
Bullish Trend Analysis
The Moving Average Convergence Divergence (MACD) for GOOGL just turned positive on January 10, 2024. Looking at past instances where GOOGL's MACD turned positive, the stock continued to rise in 31 of 48 cases over the following month. The odds of a continued upward trend are 65%.
Following a +1.12% 3-day Advance, the price is estimated to grow further. Considering data from situations where GOOGL advanced for three days, in 229 of 357 cases, the price rose further within the following month. The odds of a continued upward trend are 64%.
The Aroon Indicator entered an Uptrend today. In 211 of 329 cases where GOOGL Aroon's Indicator entered an Uptrend, the price rose further within the following month. The odds of a continued Uptrend are 64%.
Bearish Trend Analysis
The RSI Indicator demonstrates that the ticker has stayed in the overbought zone for 6 days. The longer the ticker stays in the overbought zone, the sooner a price pull-back is expected.
The Stochastic Oscillator demonstrated that the ticker has stayed in the overbought zone for 12 days. The longer the ticker stays in the overbought zone, the sooner a price pull-back is expected.
Following a 3-day decline, the stock is projected to fall further. Considering past instances where GOOGL declined for three days, the price rose further in 50 of 62 cases within the following month. The odds of a continued downward trend are 50%.
GOOGL broke above its upper Bollinger Band on January 25, 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.
Fundamental Analysis (Ratings)
Fear & Greed
The Tickeron Price Growth Rating for this company is 8 (best 1 - 100 worst), indicating outstanding price growth. GOOGL’s price grows at a higher rate over the last 12 months as compared to S&P 500 index constituents.
The Tickeron Profit vs. Risk Rating rating for this company is 16 (best 1 - 100 worst), indicating low risk on high returns. The average Profit vs. Risk Rating rating for the industry is 90, placing this stock better than average.
The Tickeron PE Growth Rating for this company is 24 (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 SMR rating for this company is 39 (best 1 - 100 worst), indicating 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 Seasonality Score of 44 (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 Valuation Rating of 73 (best 1 - 100 worst) indicates that the company is slightly overvalued 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 (6.285) is normal, around the industry mean (17.206). P/E Ratio (26.316) is within average values for comparable stocks, (45.758). Projected Growth (PEG Ratio) (1.292) is also within normal values, averaging (3.673). Dividend Yield (0.000) settles around the average of (0.025) among similar stocks. P/S Ratio (5.910) is also within normal values, averaging (9.088).
✅GTAI's Situation: What Shall we Expect, can ascend further?Hi every one
➡️ As you can see, GTAI has grown well since its introduction. After the broken of Falling Wedge, started 5 upward wave and successfully completed it, and then started a corrective wave, which it has now completed. Now it's time for it to start its upward wave, and considering that the price is now in an ascending triangle.
-Hidden divergence has occurred, this signal can be strong.
➡️ second scenario:
If the first scenario failed , we can look at the second scenario. In the second scenario, the price can form a bullish flag, which can have a good growth after breaking the price.
🤑Stay awesome my friends.
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✅Thank you, and for more ideas, hit ❤️ Like ❤️ and 🌟 Follow 🌟!
GBPAUD 4H chart potential Bull FlagOn this 4H chart for GBPAUD we can notice a strong resistance range. Recently the price broke temporary above it but now it dropped to retest it. In the proces of retesting it, the price started forming a potential Bull flag. Am effective breakout from the pattern can align with a re-bounce from the support range and lead to a strong increase in the price
Additional confluences:
- 20, 50 and 200 EMAs are aligned to indicated a general up trend
- The price has dropped to test the 20 EMA which aligns well with the support range and the chart pattern
Additional note: If the price provides an entry for the pattern, initially this can still happen within the support range. If you want to get even more curtainty, you may want to wait for the price to close above the range
🔥 AVAX Huge Bull-Flag Breaking OutAlthough I've been generally bearish on Bitcoin after the ETF, I have to play with the cards that the market dealer gives me.
For AVAX, that means that this token is under way of breaking out of a big bull-flag pattern that has been shaping up since halfway December.
In case the 3D candle closes above the top resistance, it could very well indicate that further strength is coming to this token. Looking for a 105$ target over the next few months.
BTC Golden cross on weekly, Bull Flag, Big Boom!We have a 50 & 200 day moving average which as an amazing sight!
I personally like to look at the larger time frames and work my way in, it tells me the more appropriate story that way.
Right now we've got a beautiful bull flag forming,
The price target happens to coincide with a very significant resistance line, leading me to believe bitcoin will be seeing previous all time highs within the next few weeks.
With as much FUD as i'm seeing and the amount of shorts that'll be liquidated, it just seems to be adding up to that time. See you guys in the bull market!
Tracking Technicals
IWM: 4 Hour Bull Flag targeting Top of Ascending ChannelThe IWM(Russel 2000 ETF) is consolidating in what looks to be a Bull Flag and if it breaks out the target would take us to the top of the macro Ascending Channel which would take us to the resistance zone of $200-$210. If I had to guess I'd say IWM could likely make its way up to that level by the end of next week.
USDJPY Bull Flag PatternHi Traders!
There is a bull flag pattern developing on the USDJPY 1D chart.
Here are the details:
The price action looks bullish, and the market is currently in a consolidation phase in the flag's channel as the flag pattern is in its early phase. The market is still above the 20 EMA, which is a bullish signal. As long as the market remains above the EMA and flag channel support, we will remain bullish on this pair.
Preferred Direction: Buy
Resistance (FLAG CHANNEL): 148.830
Support (FLAG CHANNEL): 146.680
Technical Indicators: 20 EMA
Please make sure to click on the like/boost button 🚀 as your support greatly helps.
Trade safely and responsibly.
BluetonaFX
🚧CHZUSDT is Bullish now🚧 & many Traders don't see it 👀!!!Hi.
Chiliz token showing a bullish flag pattern and Head&Shoulder, and also testing descending resistance🧐
Breakout above could spark large upside move up to the $0.55 resistance zone🎯
❗ Note that if the Bullish Flag is broken down with the power of descending candles, our analysis will fail.
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🚧INJUSDT is Bullish now🚧 & many Traders don't see it 👀!!!Hi.
Injective Protocol may see significant price increase like previous pattern🤔
If a breakout repeats, estimate 60%+ price gain.
❗ Note that if the Flag is broken down with the power of descending candles, our analysis will fail.
🤑 Stay great my friends.
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Thank you and for more ideas ❤️like❤️ and 🌟follow🌟!
Bullish flag re-test | Swing tradeAt 4H timeframe the bullish flag patter got a breakout.
Now the market is retesting the support 2032.
The swing marked in black is a swing now, if a 1H candle closes above 2045.05 then is a indication of impulse of the swing. The target and SL is marked in the chart.
Risk: Reward ratio 1:2.73
LINK in consolidation with bullish potentialCRYPTOCAP:LINK is consolidating in a bullish flag. I'm looking for a $17 entry mark, testing support and heading up to next resistance area.
If support broken, then I'm entering at the $5 lows for a long position with major potential for big gains in the future.
MOVR is breaking out! 1237% profit is possible?MOVR is extremely bullish; we have a bullish flag and a strong uptrend. We have 2 possible profit targets: the first is the 1:1 FIB extension, and the second is the 1.618 FIB extension. This coin is really hot when it comes to interest from retail traders. The ABC correction is complete, and I do not see any reason why we should go down from this point! A break of 30 USDT will lead to a massive pump to 111 USDT. Let me know what you think about my analysis, and please hit boost and follow for more ideas. Thank you, and I wish you successful trades!
As a decentralized smart contract platform, Moonriver requires a utility token to function. MOVR is central to the design of Moonriver and cannot be removed without sacrificing essential functionality. The Moonriver token uses include:
Supporting the gas metering of smart contract execution
Incentivizing collators and powering the mechanics around the creation of a decentralized node infrastructure on which the platform can run
Facilitating the on-chain governance mechanism, including proposing referenda, electing council members, voting, etc.
Paying for network transaction fees
Let me know what you think about my analysis, and please hit boost and follow for more ideas. Thank you, and I wish you successful trades!
Falling wedge | Bullish Flag | Swing | Trend lineGold weekly is in bull(Impulse wave already in move).
4H timeframe :: There is falling wedge pattern
Falling Wedge :: TP : 2091.10
SL : 2013.39
D timeframe :: There is a swing and bullish flag.
bullish flag :: TP : 2166.70
SL : 2013.39
Swing :: TP : 2133.75
SL : 2013.39
The CMP has taken support of 4H ascending trend line pattern.
Bullish Flag pattern breakout in DIXONDIXON TECHNOLOGIES LTD
Key highlights: 💡⚡
✅On 1 Day Time Frame Stock Showing Breakout of Bullish Flag Pattern.
✅Strong Bullish Candlestick Form on this timeframe.
✅It can give movement up to the Breakout target of 7900+.
✅Can Go Long in this stock by placing a stop loss below 6120-.
AUDUSDAUDUSD is in strong bullish trend.
As the market is consistently printing new HHs and HLs.
currently the market is retracing a bit after last HH, which is very healthy retracement level and local support as well. if the market successfully sustain this bullish confluence the next leg high could go for new HH.
What you guys think of this idea?