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CROX Stock Tickeron detected bearish Stock Pattern: Triple Tops CROX on January 07, 2025, netting in a 8.28% gain over 3 weeks

A.I.dvisor
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+8.28% Gain from a Successful pattern Triple Tops
CROX - Crocs
Tickeron
Ticker: CROX
Company: Crocs
Gain from shortening: +8.28%
Confirmed: 01/07/25
Succeeded: 01/15/25
Total length: 23 days
On December 23, 2024, A.I.dvisor detected a Triple Tops Pattern (Bearish) for Crocs (CROX, $113.27). 15 days later, on January 07, 2025, A.I.dvisor confirmed the Bearish pattern, setting a target price of the stock. On January 15, 2025, the stock hit the target price of $102.12 – resulting in a gain for traders who shorted the stock on the pattern detection date.

CROX in downward trend: price dove below 50-day moving average on January 13, 2025

CROX moved below its 50-day moving average on January 13, 2025 date and that indicates a change from an upward trend to a downward trend. In of 26 similar past instances, the stock price decreased further within the following month. The odds of a continued downward trend are .

Price Prediction Chart

Technical Analysis (Indicators)

Bearish Trend Analysis

The Momentum Indicator moved below the 0 level on January 07, 2025. You may want to consider selling the stock, shorting the stock, or exploring put options on CROX as a result. In of 79 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 CROX turned negative on January 10, 2025. 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 50 similar instances when the indicator turned negative. In of the 50 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 CROX 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 is in the oversold zone. Keep an eye out for a move up in the foreseeable future.

The 10-day moving average for CROX crossed bullishly above the 50-day moving average on December 31, 2024. This indicates that the trend has shifted higher and could be considered a buy signal. In of 13 past instances when the 10-day crossed above the 50-day, the stock continued to move higher 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 CROX advanced for three days, in of 316 cases, the price rose further within the following month. The odds of a continued upward trend are .

CROX may jump back above the lower band and head toward the middle band. Traders may consider buying the stock or exploring call options.

The Aroon Indicator entered an Uptrend today. In of 326 cases where CROX 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 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 Profit vs. Risk Rating rating for this company is (best 1 - 100 worst), indicating well-balanced risk and returns. The average Profit vs. Risk Rating rating for the industry is 81, placing this stock slightly better than average.

The Tickeron Price Growth Rating for this company is (best 1 - 100 worst), indicating fairly steady price growth. CROX’s price grows at a lower 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 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: CROX's P/B Ratio (6.064) is slightly higher than the industry average of (3.082). P/E Ratio (11.396) is within average values for comparable stocks, (28.555). CROX's Projected Growth (PEG Ratio) (0.000) is slightly lower than the industry average of (1.991). Dividend Yield (0.000) settles around the average of (0.036) among similar stocks. P/S Ratio (2.279) is also within normal values, averaging (1.500).

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.

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CROX
Daily Signalchanged days ago
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General Information

a retailer of footwear for men, women and children

Industry ApparelFootwear

Profile
Fundamentals
Details
Industry
Apparel Or Footwear
Address
500 Eldorado Boulevard, Building 5
Phone
+1 303 848-7000
Employees
7030
Web
https://www.crocs.com