AI Bot Trading Generates 11.79% Gains for TEAM: Potential for Stock Rebound
AI Bot Trading, with its advanced algorithms and data-driven approach, has successfully generated impressive gains of 11.79% for TEAM. This remarkable performance showcases the potential of artificial intelligence in the field of trading and investment.
The positive returns achieved by AI Bot Trading for TEAM indicate its ability to identify profitable trading opportunities. By leveraging large volumes of historical and real-time data, the AI system analyzes market trends, patterns, and indicators to make informed trading decisions. This data-driven approach allows the AI bot to identify potential price movements and capitalize on them effectively.
Looking at the current situation, it is worth noting that TEAM may experience a potential upward movement. The mention of the stock jumping back above the lower band suggests that it may have reached a support level and could be poised for a rebound. Furthermore, heading toward the middle band indicates the possibility of a price correction or consolidation.
Given these indications, traders are presented with a couple of potential strategies to consider. Firstly, they may opt to buy the stock outright, expecting further price appreciation based on the positive momentum generated by AI Bot Trading. This strategy requires a longer-term outlook and confidence in the underlying fundamentals of TEAM.
Alternatively, traders may explore call options. Call options provide the right, but not the obligation, to purchase the stock at a predetermined price (strike price) within a specified time frame (expiration date). By purchasing call options, traders can benefit from potential upside movement in the stock while limiting their downside risk to the premium paid for the options.
TEAM in upward trend: 10-day moving average crossed above 50-day moving average on May 30, 2023
The 10-day moving average for TEAM crossed bullishly above the 50-day moving average on May 30, 2023. This indicates that the trend has shifted higher and could be considered a buy signal. In of 13 past instances when the 10-day crossed above the 50-day, the stock continued to move higher over the following month. The odds of a continued upward trend are .
Technical Analysis (Indicators)
Bullish Trend Analysis
The Momentum Indicator moved above the 0 level on May 19, 2023. You may want to consider a long position or call options on TEAM as a result. In of 89 past instances where the momentum indicator moved above 0, the stock continued to climb. The odds of a continued upward trend are .
The Moving Average Convergence Divergence (MACD) for TEAM just turned positive on May 17, 2023. Looking at past instances where TEAM's MACD turned positive, the stock continued to rise in of 43 cases over the following month. The odds of a continued upward trend are .
TEAM moved above its 50-day moving average on May 22, 2023 date and that indicates a change from a downward trend to an upward trend.
Following a 3-day Advance, the price is estimated to grow further. Considering data from situations where TEAM advanced for three days, in of 362 cases, the price rose further within the following month. The odds of a continued upward trend are .
The Aroon Indicator entered an Uptrend today. In of 317 cases where TEAM Aroon's Indicator entered an Uptrend, the price rose further within the following month. The odds of a continued Uptrend are .
Bearish Trend Analysis
The 10-day RSI Indicator for TEAM moved out of overbought territory on June 07, 2023. This could be a bearish sign for the stock. Traders may want to consider selling the stock or buying put options. Tickeron's A.I.dvisor looked at 46 similar instances where the indicator moved out of overbought territory. In of the 46 cases, the stock moved lower in the following days. This puts the odds of a move lower at .
The Stochastic Oscillator may be shifting from an upward trend to a downward trend. In of 67 cases where TEAM's Stochastic Oscillator exited the overbought zone, the price fell further within 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 TEAM declined for three days, the price rose further in of 62 cases within the following month. The odds of a continued downward trend are .
TEAM broke above its upper Bollinger Band on May 31, 2023. 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.
Fundamental Analysis (Ratings)
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 Price Growth Rating for this company is (best 1 - 100 worst), indicating steady price growth. TEAM’s price grows at a higher rate over the last 12 months as compared to 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 Profit vs. Risk Rating rating for this company is (best 1 - 100 worst), indicating well-balanced risk and returns. The average Profit vs. Risk Rating rating for the industry is 89, placing this stock slightly better than average.
The Tickeron Valuation Rating of (best 1 - 100 worst) indicates that the company is significantly 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 (75.758) is normal, around the industry mean (31.420). P/E Ratio (0.000) is within average values for comparable stocks, (167.594). Projected Growth (PEG Ratio) (3.858) is also within normal values, averaging (4.120). Dividend Yield (0.000) settles around the average of (0.068) among similar stocks. P/S Ratio (13.106) is also within normal values, averaging (76.317).
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.
Notable companies
Industry description
Market Cap
High and low price notable news
Volume
Fundamental Analysis Ratings
The average fundamental analysis ratings, where 1 is best and 100 is worst, are as follows
General Information
an enterprise software solutions provider
Industry PackagedSoftware
TEAM and
Correlation & Price change
A.I.dvisor indicates that over the last year, TEAM has been closely correlated with NET. These tickers have moved in lockstep 76% of the time. This A.I.-generated data suggests there is a high statistical probability that if TEAM jumps, then NET could also see price increases.
| Ticker / NAME | Correlation To TEAM | 1D Price Change % | ||
|---|---|---|---|---|
| TEAM | 100% | +0.94% | ||
| NET - TEAM | 76% Closely correlated | +1.11% | ||
| BIGC - TEAM | 75% Closely correlated | -0.32% | ||
| PCTY - TEAM | 75% Closely correlated | -1.70% | ||
| ESTC - TEAM | 73% Closely correlated | +3.27% | ||
| PAYC - TEAM | 73% Closely correlated | -0.10% | ||
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