OOMA's MACD Histogram just turned positive The Moving Average Convergence Divergence (MACD) for OOMA turned positive on September 27, 2022. Looking at past instances where OOMA's MACD turned positive, the stock continued to rise in 37 of 45 cases over the following month. The odds of a continued upward trend are 82%. Technical Analysis (Indicators) Bullish Trend Analysis Following a 3-day Advance, the price is estimated to grow further. Considering data from situations where OOMA advanced for three days, in of 297 cases, the price rose further within the following month. The odds of a continued upward trend are . OOMA 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 Stochastic Oscillator may be shifting from an upward trend to a downward trend. In of 61 cases where OOMA's Stochastic Oscillator exited the overbought zone, the price fell further within the following month. The odds of a continued downward trend are . The Momentum Indicator moved below the 0 level on September 29, 2022. You may want to consider selling the stock, shorting the stock, or exploring put options on OOMA as a result. In of 89 cases where the Momentum Indicator fell below 0, the stock fell further within the subsequent month. The odds of a continued downward trend are . OOMA moved below its 50-day moving average on September 29, 2022 date and that indicates a change from an upward trend to a downward trend. The 10-day moving average for OOMA crossed bearishly below the 50-day moving average on September 29, 2022. This indicates that the trend has shifted lower and could be considered a sell signal. In of 17 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 OOMA 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 OOMA entered a downward trend on September 14, 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 Valuation Rating of (best 1 - 100 worst) indicates that the company is fair valued 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 (5.136) is normal, around the industry mean (4.562). P/E Ratio (0.000) is within average values for comparable stocks, (121.935). Projected Growth (PEG Ratio) (0.000) is also within normal values, averaging (4.286). Dividend Yield (0.000) settles around the average of (0.131) among similar stocks. P/S Ratio (1.459) is also within normal values, averaging (13.172). The Tickeron Price Growth Rating for this company is (best 1 - 100 worst), indicating fairly steady price growth. OOMA’s price grows at a lower 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 that the returns do not compensate for the risks. OOMA’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 83, placing this stock better than average. 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. OOMA is expected to report earnings to 11 cents per share on November 29 The last earnings report on September 01 showed earnings per share of 11 cents, beating the estimate of 10 cents. With 600.00 shares outstanding, the current market capitalization sits at 299.38M. Notable companies The most notable companies in this group are Verizon Communications (NYSE:VZ), Comcast Corp (NASDAQ:CMCSA), AT&T (NYSE:T), Lumen Technologies (NYSE:LUMN). Industry description Wireless Telecom includes companies that sell wireless antenna or satellite-based communication services. This is the fastest-growing area in communications, as more and more communication and computing happen on mobile devices and cloud-based platforms. Wireless telecom is a key industry for global connectivity, and has even further room for growth in emerging markets and in rural parts of developed nations. People’s growing need for speed in data connectivity, higher resolution, and smoother video streaming and multimedia applications should drive growth and competition within this segment. T-Mobile US, Inc., Vodafone Group, and Sprint Corporation are some major providers of wireless telecom. Market Cap The average market capitalization across the Wireless Telecommunications Industry is 12.24B. The market cap for tickers in the group ranges from 9.67K to 12.88T. LNETF holds the highest valuation in this group at 12.88T. The lowest valued company is IGLDF at 9.67K. High and low price notable news The average weekly price growth across all stocks in the Wireless Telecommunications Industry was -0%. For the same Industry, the average monthly price growth was -6%, and the average quarterly price growth was -16%. FNGR experienced the highest price growth at 198%, while MTENY experienced the biggest fall at -43%. Volume The average weekly volume growth across all stocks in the Wireless Telecommunications Industry was 18%. For the same stocks of the Industry, the average monthly volume growth was 45% and the average quarterly volume growth was 30% Fundamental Analysis Ratings The average fundamental analysis ratings, where 1 is best and 100 is worst, are as follows Valuation Rating: 50 1 DayMFs / NAMEPrice $Chg $Chg %KMKCX36.820.06+0.16%Kinetics Market Opportunities Adv CIYSMX15.16-0.29-1.88%Delaware Ivy Smid Cap Core Fund Class RMIGSX12.64-0.27-2.09%Victory Munder Small Cap Growth IACVIX8.58-0.19-2.17%American Century Small Cap Value IMACGX8.24-0.35-4.07%Morgan Stanley Inst Discovery A A.I.dvisor indicates that over the last year, OOMA has been loosely correlated with IDT. These tickers have moved in lockstep 41% of the time. This A.I.-generated data suggests there is some statistical probability that if OOMA jumps, then IDT could also see price increases. Ticker / NAMECorrelationTo OOMA1D PriceChange %OOMA100%-4.79%IDT - OOMA41%Loosely correlated-1.54%IDCC - OOMA39%Loosely correlated-2.82%IRDM - OOMA38%Loosely correlated-1.54%LILA - OOMA35%Loosely correlated-3.25%LILAK - OOMA34%Loosely correlated-3.27%More More