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INSG Stock Inseego (INSG, $11.21) Moving Average Convergence Divergence (MACD) Histogram turned positive on December 12, 2024

A.I.dvisor
at Tickeron.com
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INSG - Inseego Corp
MACD signal
Bullish Trend
Odds of UP Trend
Tickeron
MACD signal
Price: $11.21
Daily change: +$0.28 (+2.56%)
Daily volume: 122.9K
Capitalization: $167.6M
Industry: Telecommunications Equipment
This is a Bullish indicator signaling INSG's price could rise from here. Traders may explore going long the stock or buying call options. A.I. dvisor identified 39 similar cases where INSG's MACD histogram became positive, and of them led to successful outcomes. Odds of Success:

INSG's RSI Oscillator ascending out of oversold territory

The RSI Indicator for INSG moved out of oversold territory on December 10, 2024. This could be a sign that the stock is shifting from a downward trend to an upward trend. Traders may want to buy the stock or call options. The A.I.dvisor looked at 35 similar instances when the indicator left oversold territory. In of the 35 cases the stock moved higher. This puts the odds of a move higher at .

Price Prediction Chart

Technical Analysis (Indicators)

Bullish Trend Analysis

The Stochastic Oscillator is in the oversold zone. Keep an eye out for a move up in the foreseeable future.

The Moving Average Convergence Divergence (MACD) for INSG just turned positive on December 12, 2024. Looking at past instances where INSG's MACD turned positive, the stock continued to rise in of 39 cases 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 INSG advanced for three days, in of 234 cases, the price rose further within the following month. The odds of a continued upward trend are .

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

Bearish Trend Analysis

The Momentum Indicator moved below the 0 level on December 03, 2024. You may want to consider selling the stock, shorting the stock, or exploring put options on INSG as a result. In of 72 cases where the Momentum Indicator fell below 0, the stock fell further within the subsequent month. The odds of a continued downward trend are .

INSG moved below its 50-day moving average on November 13, 2024 date and that indicates a change from an upward trend to a downward trend.

The 10-day moving average for INSG crossed bearishly below the 50-day moving average on November 11, 2024. This indicates that the trend has shifted lower and could be considered a sell signal. In of 11 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 .

Following a 3-day decline, the stock is projected to fall further. Considering past instances where INSG declined for three days, the price rose further in of 62 cases within the following month. The odds of a continued downward trend are .

The Aroon Indicator for INSG entered a downward trend on December 17, 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.

Fundamental Analysis (Ratings)

The Tickeron Valuation Rating of (best 1 - 100 worst) indicates that the company is seriously 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 (0.000) is normal, around the industry mean (8.215). P/E Ratio (0.000) is within average values for comparable stocks, (91.676). Projected Growth (PEG Ratio) (2.604) is also within normal values, averaging (1.815). INSG has a moderately low Dividend Yield (0.000) as compared to the industry average of (0.042). P/S Ratio (0.164) is also within normal values, averaging (26.513).

The Tickeron Price Growth Rating for this company is (best 1 - 100 worst), indicating steady price growth. INSG’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 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.

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 Profit vs. Risk Rating rating for this company is (best 1 - 100 worst), indicating that the returns do not compensate for the risks. INSG’s unstable profits reported over time resulted in significant Drawdowns within these last five years. A stable profit reduces stock drawdown and volatility. The average Profit vs. Risk Rating rating for the industry is 82, placing this stock worse than average.

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General Information

a provider of telematics and analytics software and services

Industry TelecommunicationsEquipment

Profile
Fundamentals
Details
Industry
Computer Communications
Address
9710 Scranton Road
Phone
+1 858 812-3400
Employees
345
Web
https://www.inseego.com