In this product we rank the most positive and negative domestic stocks, filter the symbols by market-cap and trading volume, and then divide the companies into sectors and groups. We then manually look through charts leadership/changes, bottoms-up/top-down ideas, short-term patterns that may have long-term significance, etc. We believe you will find this product valuable as significant price and relative moves begin in the daily charts.
A director at Viavi Solutions Inc sold 30,000 shares at 10.010USD and the significance rating of the trade was 53/100. Is that information sufficient for you to make an investment decision? This report gives details of those trades and adds context and analysis to them such that you can judge whether these trading decisions are ones worth following. Included in the report is a detailed share price chart which plots discretionary trades by all the company's directors over the last two years cle...
Growth Leading This EOY Rally; Expect More Upside Our outlook remains bullish and we see the market in the midst of a significant end-of-year rally that we have been expecting since mid-October. We continue to expect support at the 20-day MAs on the S&P 500 and Nasdaq 100 (QQQ), while support at current levels or the 50-day MA is likely on the Russell 2000 (IWM). Ultimately, we will remain bullish as long as the S&P 500 is above 5850. Market dynamics continue to improve, giving us confidence th...
The independent financial analyst theScreener just awarded an improved star rating to VIAVI SOLUTIONS (US), active in the Telecommunications Equipment industry. As regards its fundamental valuation, the title receives an improved star rating and now shows 3 out of 4 possible stars. With regard to its market behaviour, it remains unchanged and can be qualified as moderately risky. theScreener considers that these elements allow slightly upgrading its rating to Neutral. As of the analysis date Feb...
Full Article at IIR has reaffirmed its Recommended rating for PIA after undertaking a review post the appointment of a new Portfolio Manager, Harding Loevner. The full report can be found on the IIR website. On 26 July 2021, Pengana International Equities Limited (PIA) announced a fully franked dividend of 1.35 cents per share for the June quarter. This represents an 8% increase on the March quarter dividend and takes the total dividends declared for FY21 of 5.1 cents per share, fully franked....
Short Shots is a collection of technically vulnerable charts culled from the Negative Inflecting and Toppy columns within our Weekly Compass report or from various technical screening processes. The charts contained in this report have developed concerning technical patterns that suggest further price deterioration is likely. For these reasons Short Shots can also be a great source of ideas for investors interested in short-selling candidates.
In this product we rank the most positive and negative domestic stocks, filter the symbols by market-cap and trading volume, and then divide the companies into sectors and groups. We then manually look through charts leadership/changes, bottoms-up/top-down ideas, short-term patterns that may have long-term significance, etc. We believe you will find this product valuable as significant price and relative moves begin in the daily charts.
Short Shots is a collection of technically vulnerable charts culled from the Negative Inflecting and Toppy columns within our Weekly Compass report or from various technical screening processes. The charts contained in this report have developed concerning technical patterns that suggest further price deterioration is likely. For these reasons Short Shots can also be a great source of ideas for investors interested in short-selling candidates.
Nearing short-term overbought extremes The positive news surrounding trade and dovish Fed rhetoric has continued to flow, resulting in a reversal from oversold extremes in late December to the current overbought extreme according to the S&P 500's percentage of stocks above their 50-day moving average (see chart below). We continue to believe the market is going through a bottoming process, and we prefer to be on the cautious side at current levels considering how far and how quickly the market ...
Key Points: • A number of Auto Component suppliers are showing signs of possible bottoms and reversals. • Offshore oil drillers continue to develop positively. Long-term trends are attractive. • The industrial Manufacturing Sector is increasingly showing positive inflections. • Communication equipment and electronic component suppliers continue to develop positively.
Key Points: • The Staples Sector continues to develop positive price and RS reversals. • A number of Insurance related names are breaking to new price and RS highs. • Semis and Semi-Suppliers continue to weaken. We highlighted Semi-Suppliers in March as showing top patterns; many are breaking to 52-week lows. • Many Energy E&P stocks are developing top patterns.
No-moat Viavi’s second-quarter fiscal 2018 results noticeably exceeded management’s prior guidance and our projections on the top line. The revenue beat was driven by stronger-than-expected performance across all three segments. The firm spoke about reignited growth in its network enablement, or NE, business and stabilization in service enablement, or SE, and plans to acquire the wireless testing business from Cobham for $455 million in cash. We view this deal favorably for both strategic an...
Viavi’s fiscal 2018 first-quarter results were roughly in line with our expectations, but management’s second-quarter outlook was worse than our internal projections. During the quarter, total revenue declined 7.4% year over year, versus our projection of an 8.5% decline, on better-than-expected performance in network enablement, or NE, while Viavi also saw firmwide margin expansion. However, management guided second-quarter total sales to be $175 million to $195 million, which at the midpoi...
Viavi’s fiscal 2017 fourth-quarter results roughly tracked our expectations, but management’s first-quarter outlook was below our expectations. Total revenue declined 15% year over year on continued decline in both the network enablement, or NE, and service enablement, or SE, businesses. Management guided to first-quarter fiscal 2018 total revenue between $173 million and $193 million, which at midpoint represents a year-over-year decline of 13%. In addition, the firm expects to generate be...
Viavi’s fiscal 2017 fourth-quarter results roughly tracked our expectations, but management’s first-quarter outlook was below our expectations. Total revenue declined 15% year over year on continued decline in both the network enablement, or NE, and service enablement, or SE, businesses. Management guided to first-quarter fiscal 2018 total revenue between $173 million and $193 million, which at midpoint represents a year-over-year decline of 13%. In addition, the firm expects to generate be...
Viavi’s fiscal third-quarter results and fourth-quarter outlook were both below our expectations. Total revenue declined 11% year over year, due to continued weakness in network enablement, or NE, that outweighed decent performance in the other two business lines of service enablement, or SE and optical security and performance products, or OSP. Network enablement revenue was particularly disappointing, as it declined 16% year over year on weaker-than-normal demand for fiber instruments in Nor...
Viavi’s fiscal third-quarter results and fourth-quarter outlook were both below our expectations. Total revenue declined 11% year over year, due to continued weakness in network enablement, or NE, that outweighed decent performance in the other two business lines of service enablement, or SE and optical security and performance products, or OSP. Network enablement revenue was particularly disappointing, as it declined 16% year over year on weaker-than-normal demand for fiber instruments in Nor...
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