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HCSG Stock Healthcare Services Group (HCSG, $10.54) RSI Indicator left the oversold zone on June 05, 2024

A.I.dvisor
at Tickeron.com
06/06/24
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HCSG - Healthcare Services Group
RSI signal
Bullish Trend
Odds of UP Trend
Tickeron
RSI signal
Price: $10.54
Daily change: +$0.11 (+1.05%)
Daily volume: 348K
Capitalization: $776.2M
Industry: Medical/Nursing Services
This is a signal that HCSG's price could be shifting from a downtrend to an uptrend. Traders may consider buying the stock or exploring call options. A.I.dvisor looked back and found 46 similar cases where HCSG's RSI Indicator left the oversold zone, and in of them led to a successful outcome. Odds of Success:

HCSG in +4.80% Uptrend, growing for three consecutive days on November 12, 2024

Moving higher for three straight days is viewed as a bullish sign. Keep an eye on this stock for future growth. Considering data from situations where HCSG advanced for three days, in of 277 cases, the price rose further within the following month. The odds of a continued upward trend are .

Price Prediction Chart

Technical Analysis (Indicators)

Bullish Trend Analysis

HCSG moved above its 50-day moving average on October 25, 2024 date and that indicates a change from a downward trend to an upward trend.

The 10-day moving average for HCSG crossed bullishly above the 50-day moving average on November 01, 2024. This indicates that the trend has shifted higher and could be considered a buy signal. In of 17 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 .

The Aroon Indicator entered an Uptrend today. In of 200 cases where HCSG Aroon's Indicator entered an Uptrend, the price rose further within the following month. The odds of a continued Uptrend are .

Bearish Trend Analysis

The 10-day RSI Indicator for HCSG moved out of overbought territory on November 14, 2024. This could be a bearish sign for the stock. Traders may want to consider selling the stock or buying put options. Tickeron's A.I.dvisor looked at 26 similar instances where the indicator moved out of overbought territory. In of the 26 cases, the stock moved lower in the following days. This puts the odds of a move lower at .

The Stochastic Oscillator demonstrated that the ticker has stayed in the overbought zone for 14 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 HCSG declined for three days, the price rose further in of 62 cases within the following month. The odds of a continued downward trend are .

HCSG broke above its upper Bollinger Band on November 06, 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)

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 (2.013) is normal, around the industry mean (4.525). P/E Ratio (24.019) is within average values for comparable stocks, (71.137). Projected Growth (PEG Ratio) (1.648) is also within normal values, averaging (1.595). Dividend Yield (0.022) settles around the average of (0.026) among similar stocks. P/S Ratio (0.556) is also within normal values, averaging (20.576).

The Tickeron Price Growth Rating for this company is (best 1 - 100 worst), indicating steady price growth. HCSG’s price grows at a higher rate over the last 12 months as compared to S&P 500 index constituents.

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 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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HCSG
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General Information

a provider of housekeeping, laundry, linen, and facility maintenance services for the long-term health care industry

Industry MedicalNursingServices

Profile
Fundamentals
Details
Industry
Servicestothe Health Industry
Address
3220 Tillman Drive
Phone
+1 215 639-4274
Employees
33400
Web
https://www.hcsgcorp.com