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Today's thread

Defence & Space fell behind the market, with VOYG down 18.1%

From the 29 Sept, 22:05 UTC run

The Story

1 · MarketWhat changed?

Most stocks fell this week, led lower by Consumer Cyclical

  • Cap-weighted-1.1%
  • Average stock-1.1%
  • Trending up53%
  • Rose / fell102 / 191

Computed by rule from the 29 Sept run · 298 stocks, 7D. “Trending up” is above the 200-day average.

2 · ThemeWhere did it come from?

Leads because -3.1% against a market at -1.1%

Defence & Space fell 3.1% against 1.1% for the market

  • Theme, 7D-3.1%
  • Market, 7D-1.1%
  • Rose6 of 54
  • Trending up11 of 54
  1. VOYG-18.1%
  2. LUNR-10.4%
  3. RDW-8.8%
  4. BAH-8.6%
  5. KTOS-8.3%

The average stock in each, 7D. Picked by rule: the sector or theme furthest from the market this week, rises and falls alike, from 5 stocks up. News never picks it.

3 · SegmentWhat drove it?

Space did the most to hold Defence & Space back: its 9 stocks fell 6.2% on average, against 2.5% for the rest of Defence & Space

  • Space, 7D-6.2%
  • Rest of Defence & Space-2.5%
  • Rose0 of 9
  1. VOYG-18.1%
  2. LUNR-10.4%
  3. RDW-8.8%
  4. ASTS-6.7%
  5. RKLB-3.2%
  6. PL-3.1%
  7. FLY-2.1%
  8. KRMN-1.9%

And 1 more on Defence & Space. The average stock in each, 7D. Picked by rule: the segment that did the most of Defence & Space's distance from the market, from 3 stocks up, unless three of its five biggest moves sit in one segment.

4 · StockWhich stock tells it?

VOYGVoyager Technologies, Inc.30.74USD-7.35%

VOYG fell 18.1% this week and fell below its 200-day average on 23 Sept

  • Below its 200-day average since 23 Sept, 6 days, 9.0% under it.
  • No setup grades it, so it is here as part of the universe the screen runs over rather than as a stock the board is putting forward.
  • Fwd P/E-18.8
  • Sector median24.4
  • Revenue growth+15.5%

The checks

  • Fail: Below its 200-day average30.74 vs 33.77
  • Not known: No revenue growth to set against the Industrials median
  • Pass: Analysts' mean target above the price46.70, +51.9%
  • Not known: No forward P/E: a loss is expected
  • Pass: Beat the estimate last quarterEPS -0.70 vs -0.84, 3 Aug

Reports next on 2 Nov, in 33 days.

Read the full story on VOYG

Picked by rule: the weakest week in Space, within 40% either way so a bad close cannot be the story. The checks are the stock page's, from the same figures.

5 · DecideWhat deserves a closer look?

Nine stocks pass both setups, including GE in the same industry but not VOYG

Open them in The Terminal

Keep GE in view:

The Terminal's own shortlist, largest first, up to 9. Research context, not advice.

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Four questions, answered before New York opens, Monday to Saturday: how's the market, what changed, what's worth a look, and what's coming