Navient Corp. stock trades under the ticker NAVI & has shown recent bullishness despite broader market volatility that is worth taking a closer look at.
NAVI stock closed at $19.91/share on 12/3/2021.
Navient Corp. NAVI Stock’s Technicals Broken Down
NAVI Stock Price: $19.91
10 Day Moving Average: $19.89
50 Day Moving Average: $19.82
200 Day Moving Average: $18.29
RSI: 50.16
MACD: -0.033
NAVI stock completed a bullish MACD crossover on Friday, despite the broader markets seeing a decline.
In doing so, it also broke above its 50 & 10 Day Moving Averages.
Its volume has been lower than average, which makes sense given the broader volatility.
However, NAVI still has a neutral RSI at 50.2, showing that it is ready to continue climbing in the near-term, pending broader market sentiment.
Navient Corp. NAVI Stock As A Long-Term Investment
Long-term investors will find NAVI stock’s valuation metrics to be appealing, with a P/E(ttm) of 3.92 & a P/B of 1.19.
NAVI stock’s Quarterly Revenue Growth was mildly disappointing, at -1.4%.
Investors may balk at NAVI’s balance sheet, where they have Total Cash (mrq) of $1.27B & Total Debt (mrq) of $78.7B.
Their beta is also a bit hotter than the wider markets at 1.74, meaning that they tend to move more aggressively than the broader markets.
NAVI stock does offer an appealing 3.2% dividend yield, which looks very safe with a 12.5% payout ratio.
This contributes to why 88.4% of their share float is held by institutional investors.
Navient Corp. NAVI Stock As A Short-Term Trade Using Options
Short-term focused traders can use options to shrug off broader market volatility while still taking advantage of NAVI’s current momentum.
I am looking at the contracts with the 12/17 expiration dates.
The $20 & $22.50 calls look appealing, as the $17.50’s are more or less illiquid with open interest of 1, whereas the formers have about 900 contracts between the two.
The $22.50 & $25 puts also look appealing, despite also being very illiquid.
Tying It All Together
Overall, there look to be many interesting attributes about NAVI stock that traders & investors should take a closer look at.
Traders will like their current momentum & resilience against the broader market trends of the last week.
Investors will like their valuation metrics & dividend yield.
Traders & investors should take a closer look at Navient Corp.’s stock.
Volatility began creeping back into financial markets this past week, just in time for some holiday discounts.
What is particularly interesting about it this time around though is that the levels of volume are far above average for the year, and above where they were in other, more recent volatile periods.
SSO ETF – ProShares Ultra S&P 500 ETF
SSO, the ProShares Ultra S&P 500 ETF’s price settled below its 50 Day Moving Average, with an RSI of 42.
This shows there is still more pain to come in the near-term for the S&P 500, as concerns over omicrom, as well as the potential lockdown measures that will take to combat it hang over investors’ heads.
TQQQ ETF – ProShares UltraPro QQQ NASDAQ ETF
With much discussion about the rate of tapering & rate hikes via the Federal Reserve, the NASDAQ tech-heavy index also saw above average volume in their declines.
While their RSI also signals that there is more near-term losses to come, they closed just above their 50 Day Moving Average.
Still, traders should be on the lookout for the death cross that each index is inching closer & closer towards each passing day.
20+ Year Treasuries (TMF), Semiconductors (SOXL), Industrial Real Estate (INDS) & Technology (TECL) ETFs All Have Had Bullish Runs
TMF, an ETF that tracks 20+ Year Treasuries has enjoyed strong gains recently.
Their moving averages have begun signaling more bullishness is to come, although there may be some decent entry points in the near-term as their RSI will need to cool off while they establish a new price range.
Semiconductors have somewhat stalled out at their top range, as seen with SOXL ETF.
SOXL’s volume has remained about average, but with a now neutral RSI & continuing issues with supply, there may be more positive pressure on these names.
INDS ETF, which tracks industrial real estate has also been on a steady incline all year.
INDS ETF – Pacer Benchmark Industrial Real Estate ETF
INDS’s recent volumes have also been above average for the year, as their RSI cools down from overbought conditions this last week.
Watch their MACD, which looks to be signaling more growth in the coming days as it begins to flatten/curve upwards.
TECL, the Direxion Daily Technology Bull 3X Shares ETF is cooling down with all of the talks of rate hikes & tapering, which may provide a decent entry point in the near-term.
Their RSI is now dipping into the oversold side, although they may have a bit more room to fall based on their MACD & elevated volume levels compared to the year’s averages.
Genomics (ARKG), Aerospace & Defense (DFEN), Betting & iGaming (BETZ) & Streaming Services (SUBZ) Are All Bearish & Lagging The Pack
ARKG, an ETF that seeks exposure to securities that are involved in genomics has been horribly lagging the market recently.
They too have an oversold RSI & higher than average volume.
However, their MACD looks to be turning, which may prove to be a reversal from their recent decline in price after multiple gap down days in the last couple of weeks.
BETZ, the Roundhill Sports Betting & iGaming ETF is another one with a heavily oversold RSI.
BETZ ETF – Roundhill Sports Betting & iGaming ETF
What’s remarkable here is that nearly every day since the end of October their share price has continued to fall.
With an RSI of 16, they should at least be able to begin establishing a new range here, unless broader market volatility sends them deeper into descent.
SUBZ, the Roundhill Streaming Services & Technology ETF has also been facing difficulty since launching last February.
This is another name that has seen nearly all downward momentum over the last month, with an extremely oversold RSI.
They haven’t had much in terms of severe trading volume since they were first introduced to the market, which shows many investors are likely still weary of them & their holdings.
Tying It All Together
Next week looks to be interesting, as we await news about the omicron variant of COVID, as well as learn if there are more clues coming from the Federal Reserve about the expected taper pace.
Pending Home Sales, PMI Data & Unemployment Data will also be closely watched, after this week’s unemployment numbers left many folks scratching their heads.
Based on the technicals that we reviewed above, it looks like there will be a bit more volatility as we move closer to the end of 2021.
Bancolombia SA stock trades under the ticker CIB & has shown recent bullishness that traders & investors should take a closer look at.
CIB stock closed at $34.30/share on 12/1/2021, with additional near-term momentum to come in the coming days.
Bancolombia SA CIB Stock’s Technicals Broken Down
CIB Stock Price:$34.30
10 Day Moving Average: $31.23
50 Day Moving Average: $34.10
200 Day Moving Average: $31.98
RSI: 60.5
MACD: -0.797
Yesterday, CIB completed a bullish MACD crossover, while maintaining a relatively neutral RSI at 60.5.
Their price gapped up 7.7%, bullishly crossing over all 3 of their moving averages listed above.
This signals that they’ve got more momentum to climb in the near-term as they begin to establish a new price range.
Their next resistance test will be at the $36.36-level.
Bancolombia SA CIB Stock As A Long-Term Investment
Investors focused on the long-term may find CIB stock appealing.
CIB’s P/E (ttm) is 12.04, which is modest, and their P/B is 0.97, both of which a low valuation metrics.
Their Quarterly Revenue Growth Y-o-Y is 75.9%.
CIB’s Total Cash (mrq) is $5.7B, and their % Institutional Ownership is 27.6%.
They also offer a dividend yield of 1.42%, which looks very stable with a 17% payout ratio.
Bancolombia SA CIB Stock As A Short-Term Trade Using Options
Short-term oriented traders can use options to take advantage of CIB stock’s current momentum, while also hedging off broader market volatility.
I am looking at the contracts with the 12/17 expiration date.
The $30 & $35 calls look interesting, with low implied volatility on the $35’s.
There is very limited interest on the puts, with the $35 contracts having open interest of 9 and the $40’s having none, signaling that the markets seem to think that CIB will continue to climb in the near-term.
Tying It All Together
Overall, traders and investors will find CIB’s stock to be appealing for different reasons.
In the near-term, they look to have technical strength that should continue propelling their price level higher.
Investors will find their valuation appealing, as well as their safe dividend yield.
CIB stock is worth taking a closer look at, regardless of your trading style.
NetApp Inc. stock trades under the ticker NTAP & has shown recent bullishness that traders & investors should take a closer look at.
NTAP stock closed at $91.52/share on 11/29/2021, with more bullish momentum set to push their share price higher.
NetApp Inc. NTAP Stock’s Technicals Broken Down
NTAP Stock Price: $91.52
10 Day Moving Average: $88.15
50 Day Moving Average: $90.28
200 Day Moving Average: $80.36
RSI: 56.9
MACD: -0.466
Yesterday, NTAP completed a bullish MACD crossover, while also breaking out above their 50 day moving average.
Their RSI is still in the neutral range at ~57, signaling that they are not particularly overbought at the moment.
With ~2.4% separating the 10 & 50 day moving averages, there looks to be more room to run in the near-term for NTAP stock.
The next level of resistance is between the $94 & $94.69/share level.
NetApp Inc. NTAP Stock As A Long-Term Investment
Investors will find NTAP’s P/E (ttm) appealing at 23.07, although their P/B is quite high at 26.95.
Their P/B is not as alarming as if they were members of another industry though, as NTAP is a computer hardware company.
Their Quarterly Revenue Growth Y-o-Y is 11.9%.
NTAP stock’s balance sheet looks appealing, with Total Cash (mrq) of $4.55B & Total Debt (mrq) of $2.9B.
NetApp Inc.’s stock offers a dividend yield of 2.2%, which looks relatively safe & stable at a payout ratio of 51.6%.
Due to this, 94.5% of their total share float is held by institutional investors.
NetApp Inc. NTAP Stock As A Short-Term Trade Using Options
Short-term oriented traders can use options to take advantage of NTAP’s current momentum, while fending off broader market volatility.
I am looking at the contracts with the 12/17 expiration date.
The $91 & $92 call options look appealing, although pretty illiquid at the moment.
This may change though as they have weekly contract expiration dates, so as more contracts expire, new ones should be expected to be written.
They currently have no open interest in any puts that look appealing, however if they did I would be looking at the $95 & $96 strike prices.
The $95 puts do have open interest, although with the amount of call:put liquidity it appears that traders expect NTAP stock to continue climbing in the coming weeks.
Tying It All Together
Overall, traders & investors will both find NTAP stock to have appealing attributes.
Investors will like their balance sheet & dividend yield, as well as their P/E (ttm).
Traders will like their current bullish momentum, especially as more & more contracts are written in the coming weeks.
Regardless of your trading style, it is worth taking a closer look at NTAP stock.
Northrop Grumman Corp. stock trades under the ticker NOC & has shown recent bullishness that traders & investors should take a closer look at.
NOC stock closed at $364.21/share on 11/23/2021.
Northrop Grumman Corp. NOC Stock’s Technicals Broken Down
NOC Stock Price: $364.21
10 Day Moving Average: $358.22
50 Day Moving Average: $369.00
200 Day Moving Average: $351.85
RSI: 49.34
MACD: -4.471
Yesterday, NOC stock completed a bullish MACD crossover, on about average volume for the past year.
While their share price is still beneath their 50 day moving average, their current momentum looks set to break through it within the coming days.
With an RSI under 50, there looks to be limited pressure on NOC stock to prevent it from continuing its climb.
Northrop Grumman Corp. NOC Stock As A Long-Term Investment
Investors with long-term focus will find NOC stock’s P/E (ttm) very fair at 12.32, with a high P/B of 5.05.
NOC stock’s quarterly revenue growth Y-o-Y is -4%, although as an aerospace & defense stock this is not as of much importance as other sectors & industries.
NOC has Total Cash (mrq) of $4.06B & Total Debt (mrq) of $14.2B.
Investors in NOC enjoy a 1.66% dividend yield annually, which looks very safe as their payout ratio is 21.2%.
Northrop Grumman Corp. NOC Stock As A Short-Term Trade Using Options
Short-term traders can capitalize on NOC’s current momentum by trading options.
I am looking at the contracts with the 12/17 expiration date.
The $360 & $365 calls look interesting, although low on open interest.
The $365 & $370 puts also look appealing, although also lacking liquidity with the low open interest.
There are more calls than puts, signaling that traders see more upside than downside to NOC stock in the near-term.
Tying It All Together
Overall, traders & investors should find NOC stock interesting & worth taking a closer look at.
They offer a safe dividend yield in the long run, while having strong momentum in the short term.
NOC stock is worth taking a closer look at regardless of your trading style & timeframes.
Assurant Inc. stock trades under the ticker AIZ & has shown bullishness signs that traders & investors should take a closer look at.
AIZ stock closed at $163.34/share on 11/22/2021.
Assurant Inc. AIZ Stock’s Technicals Broken Down
AIZ Stock Price: $163.34
10 Day Moving Average: $160.55
50 Day Moving Average: $161.59
200 Day Moving Average: $154.20
RSI: 55.54
MACD: -0.418
AIZ stock completed a bullish MACD crossover yesterday, jumping 2.42%.
There looks to be more momentum to come in the near-term, with ~0.6% between their 10 Day MA & 50 Day MA.
They have recently been trading at about average volume for the past year.
The next resistance test for AIZ stock looks to be $167.14.
Assurant Inc. AIZ Stock As A Long-Term Investment
Investors may be interested in AIZ’s fundamentals, particularly their valuation metrics.
AIZ stock has a P/E (ttm) of 18.39 & a P/B of 1.58.
They also have a relatively low beta at 0.64, so they tend to move less aggressively than the broader markets, which can be beneficial in times of volatility.
AIZ stock’s Quarterly Revenue Growth Y-o-Y is 11%.
Their balance sheet also looks decent, with Total Cash (mrq) of $2.25B & Total Debt (mrq) of $2.2B.
AIZ’s dividend yield is 1.66%, which appears to be safe with a payout ratio of 30.5%.
All of these factors contribute to the fact that 96% of their share float is held by institutional investors.
Assurant Inc. AIZ Stock As A Short-Term Trade Using Options
Short-term oriented traders can use options to take advantage of AIZ’s current momentum, while also reducing the risks associated with broader market volatility.
I am looking at the contracts that expire of 12/17.
The $160 & $165 calls look appealing, as despite low open interest, they have very low implied volatility as well.
The $165 puts also look interesting, although also very illiquid.
There is no open interest on the $170 strike price contracts, although there may be some written in the near-future with last Friday being an expiration date.
Tying It All Together
Overall, AIZ stock looks to have many interesting attributes that traders & investors alike will be interested in.
Investors will like their valuation, balance sheet & dividend metrics in the long-term.
Traders will like their current momentum that looks set to continue climbing in the near-term.
All-in-all, AIZ stock is worth taking a closer look at, regardless of your trading style.
