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DJCO Stock Tickeron detected bearish Stock Pattern: Triangle Ascending DJCO on December 19, 2024, netting in a 13.74% gain over 1 month

A.I.dvisor
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+13.74% Gain from a Successful pattern Triangle Ascending
DJCO - Daily Journal Corp
Tickeron
Ticker: DJCO
Company: Daily Journal
Gain from shortening: +13.74%
Confirmed: 12/19/24
Succeeded: 01/16/25
Total length: 36 days
On December 11, 2024, A.I.dvisor detected a Triangle Ascending Pattern (Bearish) for Daily Journal Corp (DJCO, $588.55). 8 days later, on December 19, 2024, A.I.dvisor confirmed the Bearish pattern, setting a target price of the stock. On January 16, 2025, the stock hit the target price of $497.74 – resulting in a +1 gain for traders who shorted the stock on the pattern detection date.

DJCO in -7.08% downward trend, declining for three consecutive days on January 13, 2025

Moving lower for three straight days is viewed as a bearish sign. Keep an eye on this stock for future declines. Considering data from situations where DJCO declined for three days, in of 231 cases, the price declined 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 08, 2025. You may want to consider selling the stock, shorting the stock, or exploring put options on DJCO as a result. In of 112 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 DJCO turned negative on January 07, 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 58 similar instances when the indicator turned negative. In of the 58 cases the stock turned lower in the days that followed. This puts the odds of success at .

DJCO moved below its 50-day moving average on January 08, 2025 date and that indicates a change from an upward trend to a downward trend.

The 10-day moving average for DJCO crossed bearishly below the 50-day moving average on January 13, 2025. This indicates that the trend has shifted lower and could be considered a sell signal. In of 19 past instances when the 10-day crossed below the 50-day, the stock continued to move higher over the following month. The odds of a continued downward trend are .

The Aroon Indicator for DJCO entered a downward trend on December 30, 2024. This could indicate a strong downward move is ahead for the stock. Traders may want to consider selling the stock or buying put options.

Bullish Trend Analysis

The Stochastic Oscillator demonstrated that the ticker has stayed in the oversold zone for 2 days, which means it's wise to expect a price bounce in the near future.

Following a 3-day Advance, the price is estimated to grow further. Considering data from situations where DJCO advanced for three days, in of 276 cases, the price rose further within the following month. The odds of a continued upward trend are .

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

Fundamental Analysis (Ratings)

The Tickeron Profit vs. Risk Rating rating for this company is (best 1 - 100 worst), indicating low risk on high returns. The average Profit vs. Risk Rating rating for the industry is 87, placing this stock better than average.

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 (2.365) is normal, around the industry mean (31.339). P/E Ratio (31.043) is within average values for comparable stocks, (158.255). Projected Growth (PEG Ratio) (0.000) is also within normal values, averaging (2.763). Dividend Yield (0.000) settles around the average of (0.084) among similar stocks. P/S Ratio (7.057) is also within normal values, averaging (58.730).

The Tickeron Price Growth Rating for this company is (best 1 - 100 worst), indicating steady price growth. DJCO’s price grows at a higher 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 slightly better than average sales and a considerably 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 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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DJCO
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General Information

a publisher of law journals and magazines

Industry PackagedSoftware

Profile
Fundamentals
Details
Industry
Publishing Newspapers
Address
915 East First Street
Phone
+1 213 229-5300
Employees
360
Web
https://www.dailyjournal.com