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FLO Stock Tickeron detected bullish Stock Pattern: Broadening Wedge Ascending FLO on April 19, 2024, netting in a 6.11% gain over 3 weeks

A.I.dvisor
at Tickeron.com
05/16/24
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+6.11% Gain from a Successful pattern Broadening Wedge Ascending
FLO - Flowers Foods
Tickeron
Ticker: FLO
Company: Flowers Foods
Gain: +6.11%
Confirmed: 04/19/24
Succeeded: 05/15/24
Total length: 27 days
On April 18, 2024, A.I.dvisor detected a Broadening Wedge Ascending Pattern (Bullish) for Flowers Foods (FLO, $24.04). On April 19, 2024, A.I.dvisor confirmed the Bullish pattern, setting a target price of $25.86. 26 days later, on May 15, 2024, FLO reached the target price resulting in a for traders who took a long position in the stock.

FLO in upward trend: price may jump up because it broke its lower Bollinger Band on November 08, 2024

FLO may jump back above the lower band and head toward the middle band. Traders may consider buying the stock or exploring call options. In of 42 cases where FLO's price broke its lower Bollinger Band, its price rose further in the following month. The odds of a continued upward trend are .

Price Prediction Chart

Technical Analysis (Indicators)

Bullish Trend Analysis

The RSI Oscillator points to a transition from a downward trend to an upward trend -- in cases where FLO's RSI Indicator exited the oversold zone, of 25 resulted in an increase in price. Tickeron's analysis proposes that the odds of a continued upward trend are .

The Stochastic Oscillator shows that the ticker has stayed in the oversold zone for 3 days. The price of this ticker is presumed to bounce back soon, since the longer the ticker stays in the oversold zone, the more promptly an upward trend is expected.

Following a 3-day Advance, the price is estimated to grow further. Considering data from situations where FLO advanced for three days, in of 311 cases, the price rose further within the following month. The odds of a continued upward trend are .

Bearish Trend Analysis

The Momentum Indicator moved below the 0 level on November 07, 2024. You may want to consider selling the stock, shorting the stock, or exploring put options on FLO as a result. In of 87 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 FLO turned negative on November 07, 2024. 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 42 similar instances when the indicator turned negative. In of the 42 cases the stock turned lower in the days that followed. This puts the odds of success at .

FLO moved below its 50-day moving average on October 21, 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 FLO declined for three days, the price rose further in of 62 cases within the following month. The odds of a continued downward trend 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 (3.681) is normal, around the industry mean (6.553). P/E Ratio (40.741) is within average values for comparable stocks, (26.887). FLO's Projected Growth (PEG Ratio) (0.000) is slightly lower than the industry average of (2.471). Dividend Yield (0.039) settles around the average of (0.043) among similar stocks. P/S Ratio (0.990) is also within normal values, averaging (66.968).

The Tickeron Price Growth Rating for this company is (best 1 - 100 worst), indicating fairly steady price growth. FLO’s price grows at a lower 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 (best 1 - 100 worst), indicating well-balanced risk and returns. The average Profit vs. Risk Rating rating for the industry is 80, placing this stock slightly better than average.

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 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 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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FLO
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General Information

a producer of packaged bakery foods in the United States

Industry FoodSpecialtyCandy

Profile
Fundamentals
Details
Industry
Food Specialty Or Candy
Address
1919 Flowers Circle
Phone
+1 229 226-9110
Employees
9300
Web
https://www.flowersfoods.com