TS in +10.21% Uptrend, rising for three consecutive days on September 28, 2022 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 TS advanced for three days, in 229 of 312 cases, the price rose further within the following month. The odds of a continued upward trend are 73%. Technical Analysis (Indicators) Bullish Trend Analysis The RSI Oscillator points to a transition from a downward trend to an upward trend -- in cases where TS's RSI Indicator exited the oversold zone, of 32 resulted in an increase in price. Tickeron's analysis proposes that the odds of a continued upward trend are . The Stochastic Oscillator suggests the stock price trend may be in a reversal from a downward trend to an upward trend. of 60 cases where TS's Stochastic Oscillator exited the oversold zone resulted in an increase in price. Tickeron's analysis proposes that the odds of a continued upward trend are . TS 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 September 19, 2022. You may want to consider selling the stock, shorting the stock, or exploring put options on TS 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 TS turned negative on September 16, 2022. 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 46 similar instances when the indicator turned negative. In of the 46 cases the stock turned lower in the days that followed. This puts the odds of success at . TS moved below its 50-day moving average on September 21, 2022 date and that indicates a change from an upward trend to a downward trend. The 10-day moving average for TS crossed bearishly below the 50-day moving average on September 26, 2022. This indicates that the trend has shifted lower and could be considered a sell signal. In of 14 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 TS 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 TS entered a downward trend on September 30, 2022. This could indicate a strong downward move is ahead for the stock. Traders may want to consider selling the stock or buying put options. The Tickeron SMR rating for this company is (best 1 - 100 worst), indicating slightly weaker than average sales and a marginally 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 Price Growth Rating for this company is (best 1 - 100 worst), indicating steady price growth. TS’s price grows at a higher rate over the last 12 months as compared to S&P 500 index constituents. 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 Profit vs. Risk Rating rating for this company is (best 1 - 100 worst), indicating that the returns do not compensate for the risks. TS’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 94, placing this stock better than average. The Tickeron Valuation Rating of (best 1 - 100 worst) indicates that the company is significantly 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: P/B Ratio (1.220) is normal, around the industry mean (3.240). P/E Ratio (8.375) is within average values for comparable stocks, (35.268). TS's Projected Growth (PEG Ratio) (14.503) is slightly higher than the industry average of (4.381). Dividend Yield (0.031) settles around the average of (0.046) among similar stocks. P/S Ratio (1.719) is also within normal values, averaging (6.770). TS is expected to report earnings to fall 10.95% to 96 cents per share on November 03 The last earnings report on August 03 showed earnings per share of $1.08, beating the estimate of 82 cents. With 2.88M shares outstanding, the current market capitalization sits at 15.31B. TS paid dividends on June 01, 2022 А dividend of $0.56 per share was paid with a record date of June 01, 2022, and an ex-dividend date of May 23, 2022. Read more... Notable companies The most notable companies in this group are Schlumberger Limited (NYSE:SLB), Halliburton Company (NYSE:HAL), Valaris Limited (NYSE:VAL). Industry description The oilfield services/equipment industry is involved in providing various equipment and services to oil and natural gas producers. These companies rent drilling rigs and/or provide services to build and maintain oil and gas wells. The performance of this industry is dependent on demand for oil and natural gas, which in turn is often driven by macroeconomic conditions or business cycles. Schlumberger NV, Halliburton Company, and Baker Hughes are some of the biggest oilfield services companies. Market Cap The average market capitalization across the Oilfield Services/Equipment Industry is 1.96B. The market cap for tickers in the group ranges from 717 to 50.88B. SLB holds the highest valuation in this group at 50.88B. The lowest valued company is FLSS at 717. High and low price notable news The average weekly price growth across all stocks in the Oilfield Services/Equipment Industry was 2%. For the same Industry, the average monthly price growth was -10%, and the average quarterly price growth was -15%. NWPIF experienced the highest price growth at 173%, while WFTSF experienced the biggest fall at -26%. Volume The average weekly volume growth across all stocks in the Oilfield Services/Equipment Industry was -25%. For the same stocks of the Industry, the average monthly volume growth was 7% and the average quarterly volume growth was -18% Fundamental Analysis Ratings The average fundamental analysis ratings, where 1 is best and 100 is worst, are as follows Valuation Rating: 60 1 DaySTOCK / NAMEPrice $Chg $Chg %RVNC27.001.33+5.18%Revance TherapeuticsSUZ8.250.25+3.12%Suzano SARDW2.380.04+1.71%Redwire CorpCEVA26.23-0.41-1.54%CEVAFEMY1.13-0.08-6.61%Femasys A.I.dvisor indicates that over the last year, TS has been closely correlated with HAL. These tickers have moved in lockstep 80% of the time. This A.I.-generated data suggests there is a high statistical probability that if TS jumps, then HAL could also see price increases. Ticker / NAMECorrelationTo TS1D PriceChange %TS100%-1.15%HAL - TS80%Closely correlated-0.08%SLB - TS76%Closely correlated-0.19%OIS - TS76%Closely correlated-2.75%WHD - TS74%Closely correlated-4.24%AROC - TS73%Closely correlated-0.77%More More