4.50% Profit in One Week: Robot Factory's BLNK Trade Excels
Trend Trader: Popular Stocks (TA&FA) AI trading robot has been generating significant returns in the past week, according to Tickeron's robot factory data. Specifically, it generated a return of 4.50% for BLNK, a stock in the electric vehicle industry. However, recent technical indicators suggest that the stock may be shifting into a new downward trend.
BLNK saw its Momentum Indicator move below the 0 level on May 12, 2023. This is a bearish signal, indicating that the stock may be losing momentum and shifting into a downward trend. As such, traders may want to consider selling the stock or exploring put options.
Tickeron's A.I.dvisor analyzed 79 similar instances where the Momentum Indicator turned negative, and found that in 71 of those cases, the stock continued to move further down in the following days. This implies that the odds of a decline for BLNK are high, at around 90%.
In addition to technical indicators, earnings data is another crucial factor to consider when evaluating a stock's performance. BLNK's last earnings report on May 09, 2023, showed earnings per share of -49 cents, which missed the estimate of -43 cents. This is not a positive sign for the company, as it indicates that it is currently generating losses.
With 1.08 million shares outstanding, the current market capitalization for BLNK sits at 426.36 million dollars. While this may seem like a large number, it is important to note that the company is currently experiencing losses. As such, investors may want to carefully evaluate whether the potential risks associated with investing in BLNK are worth the potential rewards.
In summary, while the Trend Trader: Popular Stocks (TA&FA) AI trading robot has been generating impressive returns for BLNK in the past week, recent technical indicators and earnings data suggest that the stock may be entering a new downward trend.
BLNK in +3.85% Uptrend, rising for three consecutive days on December 02, 2024
Moving higher for three straight days is viewed as a bullish sign. Keep an eye on this stock for future growth. Considering data from situations where BLNK advanced for three days, in of 245 cases, the price rose further within the following month. The odds of a continued upward trend are .
Technical Analysis (Indicators)
Bullish Trend Analysis
The Stochastic Oscillator shows that the ticker has stayed in the oversold zone for 7 days. The price of this ticker is presumed to bounce back soon, since the longer the ticker stays in the oversold zone, the more promptly an upward trend is expected.
Bearish Trend Analysis
The Momentum Indicator moved below the 0 level on December 18, 2024. You may want to consider selling the stock, shorting the stock, or exploring put options on BLNK as a result. In of 80 cases where the Momentum Indicator fell below 0, the stock fell further within the subsequent month. The odds of a continued downward trend are .
The Moving Average Convergence Divergence Histogram (MACD) for BLNK turned negative on December 19, 2024. This could be a sign that the stock is set to turn lower in the coming weeks. Traders may want to sell the stock or buy put options. Tickeron's A.I.dvisor looked at 47 similar instances when the indicator turned negative. In of the 47 cases the stock turned lower in the days that followed. This puts the odds of success at .
Following a 3-day decline, the stock is projected to fall further. Considering past instances where BLNK declined for three days, the price rose further in of 62 cases within the following month. The odds of a continued downward trend are .
BLNK broke above its upper Bollinger Band on December 09, 2024. This could be a sign that the stock is set to drop as the stock moves back below the upper band and toward the middle band. You may want to consider selling the stock or exploring put options.
The Aroon Indicator for BLNK entered a downward trend on December 02, 2024. 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 PE Growth Rating for this company is (best 1 - 100 worst), pointing to outstanding 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.
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 (0.791) is normal, around the industry mean (5.165). P/E Ratio (0.000) is within average values for comparable stocks, (46.364). Projected Growth (PEG Ratio) (0.000) is also within normal values, averaging (1.765). Dividend Yield (0.000) settles around the average of (0.033) among similar stocks. P/S Ratio (1.035) is also within normal values, averaging (2.526).
The Tickeron Price Growth Rating for this company is (best 1 - 100 worst), indicating slightly worse than average price growth. BLNK’s price grows at a lower rate over the last 12 months as compared to S&P 500 index constituents.
The Tickeron SMR rating for this company is (best 1 - 100 worst), indicating weak sales and an unprofitable 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 Profit vs. Risk Rating rating for this company is (best 1 - 100 worst), indicating that the returns do not compensate for the risks. BLNK’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 65, placing this stock worse than average.
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Fundamental Analysis Ratings
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General Information
an operator of electric car charging stations
Industry EngineeringConstruction