The Swing Trader: AMC, NIO, NFLX, PYPL, PLTR (TA) robot has emerged as one of the top performers in our robot factory. Its recent success in generating a 3.87% gain while trading NFLX (Netflix) over the past week has caught the attention of investors and traders alike. In this article, we will delve into the earning results of NFLX and analyze the significance of recent developments.
Positive Momentum Indicator Indicates Potential Upside: On May 08, 2023, NFLX experienced a notable shift as its Momentum Indicator moved above the 0 level. This shift suggests that the stock may be entering a new upward move, presenting an opportunity for traders to consider buying the stock or purchasing call options. According to Tickeron's A.I.dvisor, an analysis of 87 similar instances where the indicator turned positive reveals that in 65 of those cases, the stock subsequently moved higher in the following days. This statistical observation indicates a 75% likelihood of a move towards higher prices.
Earnings Report Exceeds Expectations: The most recent earnings report for NFLX was released on April 18, revealing an earnings per share (EPS) of $2.88, surpassing the estimated value of $2.86. This positive surprise in earnings showcases the company's ability to outperform expectations. With 1.22 million shares outstanding, the current market capitalization of NFLX stands at an impressive $177.50 billion.
Analysis and Implications: The strong performance of the Swing Trader AI robot, specifically in its trading of NFLX, can be attributed to the combination of positive momentum signals and the favorable earnings report. The Momentum Indicator's movement above the 0 level suggests a potential upward trend for NFLX, providing a signal for traders to consider long positions or options strategies. Moreover, the company's ability to surpass earnings estimates signifies robust financial performance, reinforcing investor confidence.
It is important to note that while historical data shows a 75% probability of upward moves following similar positive Momentum Indicator shifts, it does not guarantee future performance. Traders and investors should exercise due diligence, considering various factors such as market conditions, industry trends, and the overall economic climate.
The Swing Trader: AMC, NIO, NFLX, PYPL, PLTR (TA) AI trading robot has displayed impressive performance, achieving a 3.87% gain while trading NFLX. The positive Momentum Indicator shift and the earnings report exceeding expectations indicate favorable conditions for the stock.
The Aroon Indicator for NFLX entered a downward trend on August 29, 2023. Tickeron's A.I.dvisor identified a pattern where the AroonDown red line was above 70 while the AroonUp green line was below 30 for three straight days. This could indicate a strong downward move is ahead for the stock. Traders may want to consider selling the stock or buying put options. A.I.dvisor looked at 153 similar instances where the Aroon Indicator formed such a pattern. In of the 153 cases the stock moved lower. This puts the odds of a downward move at .
The Momentum Indicator moved below the 0 level on September 13, 2023. You may want to consider selling the stock, shorting the stock, or exploring put options on NFLX as a result. In of 84 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 NFLX turned negative on September 13, 2023. 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 49 similar instances when the indicator turned negative. In of the 49 cases the stock turned lower in the days that followed. This puts the odds of success at .
NFLX moved below its 50-day moving average on September 13, 2023 date and that indicates a change from an upward trend to a downward trend.
The 10-day moving average for NFLX crossed bearishly below the 50-day moving average on September 18, 2023. This indicates that the trend has shifted lower and could be considered a sell signal. In of 14 past instances when the 10-day crossed below the 50-day, the stock continued to move higher over the following month. The odds of a continued downward trend are .
Following a 3-day decline, the stock is projected to fall further. Considering past instances where NFLX declined for three days, the price rose further in of 62 cases within the following month. The odds of a continued downward trend are .
The RSI Indicator 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 Uptrend is expected.
The Stochastic Oscillator shows that the ticker has stayed in the oversold zone for 11 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.
Following a 3-day Advance, the price is estimated to grow further. Considering data from situations where NFLX advanced for three days, in of 307 cases, the price rose further within the following month. The odds of a continued upward trend are .
NFLX may jump back above the lower band and head toward the middle band. Traders may consider buying the stock or exploring call options.
The Tickeron Seasonality Score of (best 1 - 100 worst) indicates that the company is seriously undervalued in the industry. The Tickeron Seasonality score describes the variance of predictable price changes around the same period every calendar year. These changes can be tied to a specific month, quarter, holiday or vacation period, as well as a meteorological or growing season.
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 SMR rating for this company is (best 1 - 100 worst), indicating strong sales and a profitable 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 Price Growth Rating for this company is (best 1 - 100 worst), indicating steady price growth. NFLX’s price grows at a higher rate over the last 12 months as compared to S&P 500 index constituents.
The Tickeron Valuation Rating of (best 1 - 100 worst) indicates that the company is slightly overvalued 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 (7.305) is normal, around the industry mean (4.599). P/E Ratio (40.000) is within average values for comparable stocks, (77.183). Projected Growth (PEG Ratio) (1.383) is also within normal values, averaging (1.725). Dividend Yield (0.000) settles around the average of (0.061) among similar stocks. P/S Ratio (5.288) is also within normal values, averaging (111.279).
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. NFLX’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 89, placing this stock worse than average.
The average fundamental analysis ratings, where 1 is best and 100 is worst, are as follows
a provider of online movie rental subscription services
A.I.dvisor indicates that over the last year, NFLX has been loosely correlated with NWSA. These tickers have moved in lockstep 52% of the time. This A.I.-generated data suggests there is some statistical probability that if NFLX jumps, then NWSA could also see price increases.