AI Bot Generates 19.73% Returns for $AMC and Signals Upward Trend
As finance analytics, I am excited to share with you the impressive performance of an AI bot called Swing Trader TA-FA. This cutting-edge technology has generated a remarkable return of 19.73% for AMC, a popular stock in the entertainment industry.
Swing Trader TA-FA is an AI-powered trading algorithm that combines technical analysis (TA) and fundamental analysis (FA) to identify profitable trades. The technical analysis involves studying historical price and volume data to identify trends and patterns in the market. On the other hand, fundamental analysis involves analyzing a company's financial and economic data to evaluate its potential for growth.
With the use of Swing Trader TA-FA, investors can leverage the power of AI to make more informed investment decisions. The algorithm has been trained on vast amounts of data, allowing it to quickly identify profitable trades and adjust its strategies in response to changing market conditions.
In the case of AMC, the algorithm was able to identify an upward trend in the stock's performance. This was confirmed by the 10-day moving average moving above the 50-day moving average, indicating a bullish trend. With this insight, the algorithm was able to make a profitable trade, resulting in a return of 19.73%.
Investors who are looking to take advantage of the latest advancements in AI technology can benefit from Swing Trader TA-FA. This innovative tool provides investors with an edge in the market, allowing them to make more informed investment decisions and achieve better returns.
Overall, the success of the Swing Trader TA-FA in generating a substantial return for AMC showcases the potential of AI in the finance industry. With the continued development of AI and machine learning technologies, investors can look forward to an exciting future of more sophisticated and effective trading tools.
AMC sees MACD Histogram just turned negative
AMC saw its Moving Average Convergence Divergence Histogram (MACD) turn negative on September 18, 2024. This is a bearish signal that suggests the stock could decline going forward. Tickeron's A.I.dvisor looked at 37 instances where the indicator turned negative. In of the 37 cases the stock moved lower in the days that followed. This puts the odds of a downward move at .
Technical Analysis (Indicators)
Bearish Trend Analysis
The Momentum Indicator moved below the 0 level on September 19, 2024. You may want to consider selling the stock, shorting the stock, or exploring put options on AMC as a result. In of 83 cases where the Momentum Indicator fell below 0, the stock fell further within the subsequent 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 AMC 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 Aroon Indicator for AMC entered a downward trend on October 11, 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.
Bullish Trend Analysis
The RSI Oscillator points to a transition from a downward trend to an upward trend -- in cases where AMC's RSI Indicator exited the oversold zone, of 40 resulted in an increase in price. Tickeron's analysis proposes that the odds of a continued upward trend are .
The Stochastic Oscillator shows that the ticker has stayed in the oversold zone for 16 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.
AMC may jump back above the lower band and head toward the middle band. Traders may consider buying the stock or exploring call options.
Fundamental Analysis (Ratings)
Tickeron has a negative outlook on this ticker and predicts a further decline by more than 4.00% within the next month with a likelihood of 79%.
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 (0.000) is normal, around the industry mean (5.952). P/E Ratio (0.000) is within average values for comparable stocks, (90.982). Projected Growth (PEG Ratio) (0.000) is also within normal values, averaging (2.987). Dividend Yield (0.000) settles around the average of (0.039) among similar stocks. P/S Ratio (0.124) is also within normal values, averaging (30.667).
The Tickeron PE Growth Rating for this company is (best 1 - 100 worst), pointing to consistent 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 Seasonality Score of (best 1 - 100 worst) indicates that the company is fair valued 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 Price Growth Rating for this company is (best 1 - 100 worst), indicating fairly steady price growth. AMC’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. AMC’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 86, placing this stock worse than average.
Notable companies
Industry description
Market Cap
High and low price notable news
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Fundamental Analysis Ratings
The average fundamental analysis ratings, where 1 is best and 100 is worst, are as follows
General Information
a holding company with interest in movie theatres
Industry MoviesEntertainment