Aqua Metals: What was that?

by Sentiment Analyst |

What does the RSI show for Aqua Metals?

To assess whether a security is currently “overbought” or “oversold”, the upward and downward movements over time can be put into relation. This provides the so-called Relative Strength Index (RSI), an indicator from technical analysis which is often used in the financial market. We now evaluate Aqua Metals using the shorter-term RSI of the last 7 days as well as the slightly longer-term RSI on a 25-day basis. First, the 7-day RSIthis is currently at 68.42 points, which means that Aqua Metals stock is neither overbought nor oversold. Consequently, it receives a “hold” rating. Turning to the RSI25, Aqua Metals is also neither overbought nor oversold (value54.08), thus the stock also receives a “hold” rating for the RSI25. Thus, Aqua Metals receives a “Hold” rating for this point in our analysis.

Aqua Metals and Moving Averages

Trending indicators are designed to show whether a security is currently in an uptrend or downtrend (see Wikipedia). The moving average is one such indicator; here we look at the 50-day and 200-day moving averages. First, let’s take a look at the longer-term average over the last 200 trading days. For Aqua Metals stock, this is currently $0.96. The last closing price (USD 0.79) is thus significantly lower (-17.71 percent deviation in comparison). On this basis, Aqua Metals thus receives a “sell” rating. Now a look at the shorter-term 50-day moving averageThis is currently USD 0.82, so the last closing price is at a similar level (-3.66 percent). This means that on this shorter-term analysis basis, Aqua Metals has a different rating, and the stock gets a “hold” rating. In sum, Aqua Metals is given a “hold” rating based on trend-following indicators.

Beaten by peers

Compared to the average annual performance of stocks in the same sector (“Industrials”), Aqua Metals underperforms by more than 123 percent with a return of -61.07 percent. The “Commercial Services & Supplies” sector has a median return over the past 12 months of 107.98 percent. Again, Aqua Metals is well below that at 169.05 percent. This performance of the stock over the past year leads to a “Sell” rating in this category.

What is the prevailing sentiment trend?

In addition to the analyses from banking houses, the yardstick for the sentiment surrounding shares is the long-term sentiment among investors and users on the Internet. The number of posts over a long period of time, as well as changes in sentiment, provide a good long-term picture of sentiment. We analyzed Aqua Metals’ stock for these two factors. The post count or discussion intensity showed below average activity, from which we believe a “Sell” rating can be generated. The rate of change in sentiment for Aqua Metals showed a negative change. This corresponds to a “Sell” rating. To that extent, we give Aqua Metals’ stock a “Sell” rating with respect to the long-term sentiment picture.