Momentum Indicator for AYI turns positive, indicating new upward trend AYI saw its Momentum Indicator move above the 0 level on December 01, 2022. This is an indication that the stock could be shifting in to a new upward move. Traders may want to consider buying the stock or buying call options. Tickeron's A.I.dvisor looked at 89 similar instances where the indicator turned positive. In 72 of the 89 cases, the stock moved higher in the following days. The odds of a move higher are at 81%. Technical Analysis (Indicators) Bullish Trend Analysis The 50-day moving average for AYI moved above the 200-day moving average on November 25, 2022. This could be a long-term bullish signal for the stock as the stock shifts to an upward trend. Following a 3-day Advance, the price is estimated to grow further. Considering data from situations where AYI advanced for three days, in of 338 cases, the price rose further within the following month. The odds of a continued upward trend are . The Aroon Indicator entered an Uptrend today. In of 254 cases where AYI 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 Stochastic Oscillator may be shifting from an upward trend to a downward trend. In of 65 cases where AYI's Stochastic Oscillator exited the overbought zone, the price fell further within the following month. The odds of a continued downward trend are . The Moving Average Convergence Divergence Histogram (MACD) for AYI turned negative on November 17, 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 47 similar instances when the indicator turned negative. In of the 47 cases the stock turned lower in the days that followed. This puts the odds of success at . Following a 3-day decline, the stock is projected to fall further. Considering past instances where AYI declined for three days, the price rose further in of 62 cases within the following month. The odds of a continued downward trend are . AYI broke above its upper Bollinger Band on November 10, 2022. 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 SMR rating for this company is (best 1 - 100 worst), indicating strong sales and a 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. AYI’s price grows at a higher 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 86, placing this stock slightly better than average. The Tickeron PE Growth Rating for this company is (best 1 - 100 worst), pointing to slightly better 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 Valuation Rating of (best 1 - 100 worst) indicates that the company is slightly 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 (3.180) is normal, around the industry mean (7.725). P/E Ratio (17.065) is within average values for comparable stocks, (58.611). Projected Growth (PEG Ratio) (1.370) is also within normal values, averaging (3.386). AYI has a moderately low Dividend Yield (0.003) as compared to the industry average of (0.024). P/S Ratio (1.635) is also within normal values, averaging (99.740). AYI is expected to report earnings to fall 23.80% to $3.01 per share on January 11 The last earnings report on October 04 showed earnings per share of $3.95, beating the estimate of $3.61. With 21.75K shares outstanding, the current market capitalization sits at 6.08B. AYI paid dividends on November 01, 2022 А dividend of $0.13 per share was paid with a record date of November 01, 2022, and an ex-dividend date of October 14, 2022. Read more... Notable companies The most notable companies in this group are Enphase Energy (NASDAQ:ENPH), First Solar (NASDAQ:FSLR), SolarEdge Technologies (NASDAQ:SEDG), Plug Power (NASDAQ:PLUG), Bloom Energy Corp (NYSE:BE), SunPower Corp (NASDAQ:SPWR), Canadian Solar (NASDAQ:CSIQ), FuelCell Energy (NASDAQ:FCEL), GrafTech International Ltd (NYSE:EAF). Industry description The industry produces a diverse range of electricity-powered equipment, appliances and components, catering to both households and industries. The products include power, distribution and specialty transformers; electric motors, generators and motor-generator sets; switchgear and switchboard apparatus; light bulbs, tubes, fittings and electric signs etc. Consumer income, construction spending, and industrial production are major drivers of demand for this industry’s products. Large companies tend to have economies of scale in production, marketing, and distribution, while smaller companies can potentially carve out their own market through niche or specialty offerings. The US electrical products manufacturing industry includes about 5,700 establishments (single-location companies and units of multi-location companies) with combined annual revenue of about $125 billion. (according to a study published in First Research). Emerson Electric Co., Hubbell Incorporated and Eaton Corporation plc are major electrical products makers in the U.S. Market Cap The average market capitalization across the Electrical Products Industry is 3.41B. The market cap for tickers in the group ranges from 2.52K to 139.36B. NISSF holds the highest valuation in this group at 139.36B. The lowest valued company is SSCFF at 2.52K. High and low price notable news The average weekly price growth across all stocks in the Electrical Products Industry was 2%. For the same Industry, the average monthly price growth was 5%, and the average quarterly price growth was 1,494%. CHJI experienced the highest price growth at 175%, while SLDP experienced the biggest fall at -29%. Volume The average weekly volume growth across all stocks in the Electrical Products Industry was 278%. For the same stocks of the Industry, the average monthly volume growth was 43% and the average quarterly volume growth was 80% Fundamental Analysis Ratings The average fundamental analysis ratings, where 1 is best and 100 is worst, are as follows Valuation Rating: 61 P/E Growth Rating: 69 Seasonality Score: 27 (-100 ... +100) a producer of indoor and outdoor lighting fixtures 1 DayETFs / NAMEPrice $Chg $Chg %ONG38.131.20+3.25%Direxion Daily Oil Services Bull 2X ETFEEM39.540.15+0.38%iShares MSCI Emerging Markets ETFNBH11.340.03+0.22%Neuberger Berman Municipal FundDIVI27.24-0.06-0.23%Franklin Intl Core Div Tlt Idx ETFIAT51.09-0.27-0.53%iShares US Regional Banks ETF A.I.dvisor indicates that over the last year, AYI has been closely correlated with NVT. These tickers have moved in lockstep 74% of the time. This A.I.-generated data suggests there is a high statistical probability that if AYI jumps, then NVT could also see price increases. Ticker / NAMECorrelationTo AYI1D PriceChange %AYI100%+0.15%NVT - AYI74%Closely correlated-0.92%HUBB - AYI70%Closely correlated-0.97%ENS - AYI66%Loosely correlated+1.98%ABB - AYI62%Loosely correlated+0.22%ATKR - AYI59%Loosely correlated+0.17%More More