Get started
Turtle Beach CorporationTurtle Beach CorporationTurtle Beach Corporation

Turtle Beach Corporation

No trades
See on Supercharts
Overview Financials News
Ideas
Discussions Technicals Forecast Seasonals

HEAR trade ideas

HEAR Aroon Indicator entered an Uptrend on June 30, 2020Over the last three days, I have detected that HEAR's AroonUp green line is above 70, while the AroonDown red line is below 30. When the green line goes above 70 while the red line stays below 30, this is an indicator that the stock could be poised for a strong Uptrend. For traders, this could mean going long the stock or exploring call options in the next month. I backtested this indicator and found 185 similar cases, 161 of which were successful. Based on this data, the odds of success are 87%.
NASDAQ:HEARLong
by tickeron
2
Ahrvo Daily Movers ⬆: Turtle Beach Corp.About Turtle Beach Turtle Beach Corporation(ticker: HEAR) is an audio technology company. It designs audio products for consumer, commercial, and healthcare markets. The company markets premium headsets for use with personal computers, mobile devices, and video game consoles under the brand Turtle Beach (TurtleBeach.com). Under the brand HyperSound (HyperSound.com), the company markets pioneering directed audio solutions that have applications in digital signage and kiosks, consumer electronics, and healthcare. Turtle Beach Corporation, formerly known as Parametric Sound Corporation, is based in Valhalla, New York, and was founded in 1975. Ahrvo Stock Rankings Turtle Beach Corporation is one of only sixteen companies (out of over 7,000+ stocks we track) on Ahrvo that ranks above 90 in the AhrvoScore, Growth Score, Momentum Score, and Value Score based on the most recent daily rankings. Turtle Beach has an AhrvoScore (overall score) of 99, which is up 43 points(76%) over the last 3 months. Turtle Beach’s Momentum Score, Value Score, Quality, and Growth Score are 94, 96, 86, and 93, respectively. Over the last 3 months, HEAR’s Momentum Score and Value Value have experienced substantial growth, up 83 points( 754%) and 25 points (35%). While Quality Score is down 1 point to 86 (1%) and Growth is up 3 points to 93 (3%). Relative to competitors, Turtle Beach ranks higher across all stock scores: Ahrvo Score 99 vs. 59, Momentum Score 94 vs. 59, Value Score 96 vs. 52, Quality Score 86 vs. 73, and Growth Score 93 vs. 48. Ahrvo’s proprietary trading signal also indicates that HEAR is a STRONG BUY. Our Take Turtle Beach Corporation has been a top performer for quite some time. Since the market bottomed on March 23, 2020, Turtle Beach is up 125%, while the small-cap index (ticker: IWM) is up 31.5% - substantially outperforming. Growth is poised to continue as company fundamentals continue to accelerate. Industry growth is driven by secular trends and strong user demand. According to NPD Group, U.S. retail sales in the Accessories and Game Card category reached an all-time high in April (while other U.S. retail sales tanked 16.4%). U.S. retail sales significantly exceeded the previous high set in April 2018. As a company Turtle Beach’s April sales more than doubled the company’s previous all-time high. Demand for its products remained strong as 8 of the top-10 best-selling headsets YTD are made by Turtle Beach. The wireless gaming headset market is expected to grow at 13% a year through 2024, adding ~$1 billion in market value. During their last earnings call, management upgraded full-year guidance. In addition, the company has no long-term debt. The fact that Turtle Beach’s Momentum Score and Value Score have risen simultaneously, indicates that growth is keeping up with price momentum. Despite strong price action since March, HEAR is only up 21% YTD vs. -13% for the IWM. Valuation remains very cheap with a forward P/E multiple of 7.6x. -Appo Agbamu, CFA This material is for informational purposes only. Under no circumstances should any information or materials presented be used or construed as an offer to sell, or a solicitation of an offer to buy, any securities, financial instruments, investments, or other services. Any investment made is at your sole discretion. There are many factors that you must consider when making an investment decision, including, but not limited to, product features, risks, whether or not an investment meets your investment objectives, risk tolerance, and other personalized factors. Investing in securities involves risks, and there is always the potential of losing your entire investment.
NASDAQ:HEAR
by AhrvoStockApp
$HEAR Chop around 5-8 range followed by new campaign to 15This ticker has been pushed down around 75% on increased red candle volume for quite some time now and just filled it's gap from 10.71 to 8.43 (all the way from 35). Look for more volume and capitulation as market makers prepare for next bull campaign and fill up their baskets...unless the fundamentals of the company are just terrible and I didn't look close enough Former runner with float of 14M Shares. Last run early 2018 ranged from 1.50 to 35
NASDAQ:HEARLong
by chaddg
$HEAR - double bottom - low risk/reward - Swing IdeaSWING IDEA Buy near the Yellow Line or near Red line.. Set SL .05 below RED line . GREEN line is to take profits depending on your PT. Fundamentals for $HEAR is good so it might be considered a good long term hold. Depending on the trend I will add near support. AS Always.. 1. Plan your trade 2. Money Management (if you plan to add on strength or weakness) 3. Honor your stop loss. 4. LONG TERM -- do your DD before going long. GOOD LUCK!
NASDAQ:HEARLong
by work1411
$HEAR - Hope for bulls?Overview: Be fearful when others are greedy and greedy when others are fearful. Fear appears to be the case with $HEAR bulls at this point and greed with bears. Is there a hope for bulls? Let's see. There is a 75% short interest in this stock right now. If this isn't a world record it should be close to one. But shorts are not the ones hurting right now, they are in the black. Bulls (those that are left) on the other hand are under stress. I noticed that short interest was already piled on as it was approaching earnings. I believe the earnings is probably not exactly to likings of neither bulls nor bears. Bears couldn't afford to lose as the earnings announced. Too much was at stake for them. So, as the earnings came out bears took advantage of post market to push this down that along with some weak hands created that big gap that we saw on the next opening. $HEAR CEO mentioned something similar in conference. The subsequent drops appears to be follow through of the gap down when sentiment took the u-turn for some as fear took over. Fundamentals: On fundamental side at this moment we're at P/E of 3.62x which is very low compared to similar in industry. For instance Logitech has P/E ratio of 26.70x and EPS is 1.44 as of this writing. Using the conservative EPS guidance 0.9 of $HEAR this could be priced at/around $24 if we use similar pricing as Logitech. If we go by this, I don't believe we get buy opportunities like this often. Technical: Technicals are bad right now. But on smaller time frames things are starting to turn around. If you look at this hourly graph the green volume has picked up since the second wave down to 12ish region. It has formed a falling wedge right now which is a bullish sign. The last candle before close today has significantly more volume but very thin body which indicates that a fight went on between bears and bulls there but it went slightly in the favor of bulls and candle close green. MACD is about to get a bullish divergence. RSI is turning positive but it has faced resistance last few hours here but with MACD divergence we may see the resistance break. My Position: I have started to long today using April call options. Disclaimer: The information is to be used for educational purposes only. Not a recommendation to buy or sell.
NASDAQ:HEARLong
by kaleemsajid