The Blog

A Look At The Relationship Between Price And Analyst Sentiment In 5 Stocks

As appeared on Benzinga on September 6th, 2016. The original article may be found here.

Stockal, a firm that analyzes social and analyst sentiment, recently reviewed data to see how analyst confidence relates to company earnings using their Confidence Meter, which measures the aggregated opinion of over 200 Wall Street analysts.

Apple Inc. :AAPL appeared to maintain analyst confidence throughout most of August after its July earnings beat. Apple recently asked its suppliers to not only discount parts, but also to reduce the number of parts supplied due to a decrease in consumer need stemming

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Sprint Corp. Stock – Technical Analysis

This is a guest post by  António Costa, acclaimed trader and the popular author of AC Investor Blog

Sprint Corp (NYSE:S) after a big price and volume surge in mid-July, has gone sideways and
consolidated in a rectangle pattern in the 5.85-6.32 trading range. On Friday, the stock finally broke the top line of the trading range on decent volume and I expect more upside pressure in the coming days.
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Bearish sentiments for AAPL

AAPL– Apple, Inc is a designer, manufacturer and marketer for mobile communication devices, personal computers, portable music players etc.

AAPL – Apple, Inc

Fundamentals Previously closed at 106.82
Day’s high 106.50
Day’s low 105.50
P/E ratio

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12.36

 

Analysts opinion Apple’s tax arrangement with Ireland was found illegal and the European Union has said that Apple could owe as much as $14.5 Billion in taxes. Everyone is eagerly awaiting Apple Inc’s upcoming event on September 7th where iPhone 7 may be revealed. Analyst confidence meter, a proprietary algorithm of Stockal gives 81% buy based on analyst ratings.
Sentiments The sentiment index is 100% negative according to Stockal proprietary algorithm.
Social Media Pulse The stock has 74% higher social media chatter than usual.

T-Mobile bullish on analyst upgrade today

TMUS – T-Mobile US Inc provides mobile communications services to consumers and businesses.

TMUS – T-Mobile US, Inc

Fundamentals Previously closed at 45.96
Day’s high 47.18
Day’s low 46.50
P/E ratio

­

36.06

 

Analysts opinion Wells Fargo upgraded TMUS to “Outperform” from “Market Perform”. The price target range was also raised to $52 – $54 from $48 – $50. According to the Fly, Wells Fargo said that the company’s cash-flow would ramp up significantly in 2017. Analyst confidence meter, a proprietary algorithm of Stockal gives 72% buy based on analyst ratings.
Sentiments The sentiment index is 50% positive according to Stockal proprietary algorithm.
Social Media Pulse The stock has 33% lower social media chatter than usual.

 

Disclaimer: This blog contains an aggregated view of analysts and opinions by the author. Do not consider this as financial advice. See http://stockal.com/legalities/

Intel Corporation – A Technical Perspective

This is a guest post by  António Costa, acclaimed trader and the popular author of AC Investor Blog

Intel Corporation (NASDAQ:INTC) the current price consolidation appears to be forming an Ascending Triangle pattern which is a bullish continuation pattern. This bullish formation is characterized by a series of higher lows but the same highs. If the stock closes above the 35.70 level on volume, the measured target of this pattern is 38.60. On the flipside,

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10 Stocks Analysts Were Most Interested In During The Rio Olympics

As posted on Benzinga on 19th August 2016. Find the original article here.

Wall Street analysts have been watching a number of stocks related to this year’s Olympic Games. Here are the 10 stocks analysts have been watching the closest, according to Stockal data.

Twenty-First Century Fox Inc : FOXA

There have been 8 analyst ratings for Fox since July 1. The stock is up since the Olympics began and has experienced an uptick in volatility.

The Stockal Confidence Meter is 71 percent bullish on the stock.

Walt Disney Co : DIS

Since the beginning of July, 8 analysts have rated Disney. Despite the stock’s high volatility and negative price action in 2016, the Stockal Confidence Meter is 78 percent bullish on the stock.

Delta Air Lines, Inc. : DAL

Delta has received 5 analyst ratings since July 1. The stock’s volatility has picked up lately, and it has trended lower in recent weeks.

The Stockal Confidence Meter is 59 percent bullish on Delta.

Mastercard Inc : MA

Analysts have rated Mastercard 5 times since July 1. The stock has been relatively volatile in recent weeks, and its price movement has been negative in 2016.

The Stockal Confidence Meter is 45 percent bullish on the stock.

American Airlines Group Inc : AAL

American Airlines has been issued 5 new analyst ratings since July 1. The stock’s volatility has been high and its price movement has been negative so far in 2016.

The Stockal Confidence Meter is 30 percent bullish on American Airlines.

The Coca-Cola Co : KO

Coca-Cola had received 2 analyst ratings since July 1. The stock’s volatility is high, and its price action has been positive in 2016.

The Stockal Confidence Meter is 80 percent bullish on Coca-Cola.

Comcast Corporation : CMCSA

There have been 2 analyst ratings for Comcast since July 1. The stock is up since the Olympics began and has experienced an uptick in volatility.

The Stockal Confidence Meter is 70 percent bullish on the stock.

Related Link: How Much Money Did Michael Phelps Earn In Rio?

McDonald’s Corporation : MCD

Since the beginning of July, 2 analysts have rated McDonalds. Despite the stock’s high volatility and negative price action in 2016, the Stockal Confidence Meter is 64 percent bullish on the stock.

Under Armour Inc : UA

Under Armour has received 1 analyst rating since July 1. The stock’s volatility has picked up lately, and its share price has trended higher in 2016.

The Stockal Confidence Meter is 58 percent bullish on Under Armour.

Visa Inc : V

Analysts have rated Mastercard 1 time since July 1. The stock has been relatively volatile in recent weeks, and its price movement has been positive in 2016.

The Stockal Confidence Meter is 60 percent bullish on the stock.

Stockal’s Meter Parses Out Differences In Traditional Vs. Modern Stocks

The original article published on Benzinga can be found here.

Stockal recently tested their proprietary Confidence Meter and Sentiment Index to see how well they correlated with the share price movement of new-age stocks and blue chip “traditional” stocks in the second quarter. 
The Confidence Meter is a measure of aggregated opinion of over 200 Wall Street analysts. The Sentiment Index is generated by an algorithm that analyzes social media buzz to identify changes in the sentiment of conversations related to a stock over time.

In the study, Stockal created two pairs of modern and traditional stocks: retailers Amazon.com, Inc. AMZN and Wal-Mart Stores, Inc. WMT,  CitiGroup Inc C, and Paypal Holdings Inc PYPL

Over the quarter, the test found that the new-age stocks correlated much strong with the Sentiment Index–the measure of social media buzz–than the analyst-based Confidence Meter. While Amazon’s share price rose 7.7 percent, it’s sentiment rose from -900 to +100, while its Confidence Meter only increased from 83 percent to 86 percent.

During that same time, Walmart’s share price rose four percent. It’s Confidence Meter rose from 30 percent to 41 percent, while it’s sentiment only had a range of 75, going from -25 to +50.

Related Link: Where Social Media Fails: ‘Echo Chambers’ Versus Open Information Source 

The financial stocks yielded similar results. While Paypal’s stock price increased 7.5 percent, its sentiment climbed from -125 to +50 while its Confidence Meter only rose four points to 69 percent.

Citigroup, however, saw an increase in the Confidence Meter from 54 percent to 58 percent to go along with its 4.5 percent price increase. Meanwhile its sentiment remained flat at 50.

 

As published on 29th July 2016 in Benzinga

Walmart may have bullish sentiments today

WMT– Walmart Stores Inc operates retail and wholesale stores worldwide.

WMT – Walmart Stores Inc

Fundamentals Previously closed at 74.94
Day’s high 75.19
Day’s low 73.87
P/E ratio

­

16.40

 

Analysts opinion Walmart posted a better than expected quarterly results today, owing to stronger sales. It reported a revenue of $120.9 Billion, beating analyst estimates of $119.3 Billion. While many of its peers are struggling, like Target, which reported a 9.7% decline in sales, Walmart raised its full year guidance. Analyst confidence meter, a proprietary algorithm of Stockal gives 50% buy based on analyst ratings.
Sentiments The sentiment index is 50% positive according to Stockal proprietary algorithm.
Social Media Pulse The stock has 100% higher social media chatter than usual.

 

Disclaimer: This blog contains an aggregated view of analysts and opinions by the author. Do not consider this as financial advice. See http://stockal.com/legalities/

Stockal Data shows Analyst Sentiment can predict Price movement

As published in Benzinga on 9th August. The original article can be found here.

An analysis of Stockal data shows that the Confidence Meter, a 1-100 scale measuring the combined perspectives of over 200 Wall Street analysts, can be an indicator for potential price action as far as several months in advance.

Stockal took a look at four major tech stocks to see how correlated the two are. Here are the results.

Apple Inc.

capture_89.png

The Breakdown:

Looking at the chart above, you can see that right around March 2015 the Confidence Meter for Apple fell from around 80 to below 60. Around the same time, Apple’s stock began to trade down from around $130 to $123.

In late 2015, the Confidence Meter fell from near 90 to all the way below 60. Apple’s stock followed suit by trading down from nearly $120 to below $100 as it entered 2016. The Confidence Meter has been bullish on Apple as of late, and the stock has traded up over 11.5 percent over the past month.

Netflix, Inc.

capture_90.png

The Breakdown:

From January until early July of 2015, heading into their second quarter earnings, the Confidence Meter trended upward from 50 to 96. During that same time the stock followed suit, going from around $350 to over $700. The sharp subsequent drop in price was preceded by a few days by a drop in the Confidence Meter.

Facebook Inc

capture_91.png

The Breakdown:

The spring of 2014 saw the Confidence Meter shoot up from about 75 to 96. Near the end of the year, the stock traded up from about $65 to $80. When the Confidence Meter fell from about 90 to 75 in January of 2016, Facebook stock followed suit by simultaneously falling from about $104 to $94. The Stockal Confidence Meter is bullish on Facebook currently, and the stock is trading up over seven percent over the past month after a successful earnings report in July.

Alphabet Inc 

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The Breakdown:

In late 2014 the Confidence Meter on Google fell from around 90 to just under 80, and Google stock responded by falling from around $590 to $540. When the Confidence Meter rose from around 75 to just above 80 in late 2015, and the stock spiked from around $610 to $750. The Stockal Confidence Meter has been bullish on Google as of late, and the stock is up over 10 percent over the last three months.