AI-Driven Robot Generates 4.23% Gain in CRM Trade
In today's volatile stock market, artificial intelligence (AI) trading robots have gained popularity for their ability to analyze vast amounts of data and generate profitable trading strategies. One such AI trading robot from Day Trader: High Volatility Stocks for Active Trading (TA&FA) has emerged as a top performer, showcasing its prowess by generating a remarkable return of 4.23% for CRM (Customer Relationship Management) over the course of a week. Alongside this impressive performance, positive technical signals and strong earnings results further bolster the case for continued upward momentum in CRM's stock price.
Positive Technical Signals: The Moving Average Convergence Divergence (MACD) for CRM turned positive on May 10, 2023, indicating a potential shift in momentum. By analyzing historical instances where CRM's MACD turned positive, we find that the stock continued to rise in 40 out of 50 cases over the following month. This historical pattern suggests that there is an 80% likelihood of a continued upward trend in CRM's stock price.
Earnings Analysis: The most recent earnings report for CRM, released on March 01, revealed earnings per share (EPS) of $1.68, surpassing the estimated figure of $1.36. This positive earnings surprise indicates that CRM has outperformed expectations and demonstrates the company's ability to generate solid profits. With 5.85 million shares outstanding, the current market capitalization of CRM stands at an impressive $205.95 billion.
Combining the impressive performance of the AI trading robot, positive technical signals, and strong earnings results, CRM appears to be well-positioned for further growth. While past performance cannot guarantee future results, the historical trend of the stock's upward movement after a positive MACD signal provides a favorable outlook. Additionally, beating earnings estimates showcases CRM's fundamental strength, which can instill confidence among investors.
CRM's MACD Histogram crosses above signal line
The Moving Average Convergence Divergence (MACD) for CRM turned positive on May 10, 2023. Looking at past instances where CRM's MACD turned positive, the stock continued to rise in of 48 cases 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 08, 2023. You may want to consider a long position or call options on CRM as a result. In of 88 past instances where the momentum indicator moved above 0, the stock continued to climb. The odds of a continued upward trend are .
Following a 3-day Advance, the price is estimated to grow further. Considering data from situations where CRM advanced for three days, in of 336 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 281 cases where CRM 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 RSI Indicator has been in the overbought zone for 1 day. Expect a price pull-back in the near future.
The Stochastic Oscillator has been in the overbought zone for 1 day. Expect a price pull-back in the near future.
Following a 3-day decline, the stock is projected to fall further. Considering past instances where CRM declined for three days, the price rose further in of 62 cases within the following month. The odds of a continued downward trend are .
CRM broke above its upper Bollinger Band on May 30, 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 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 Price Growth Rating for this company is (best 1 - 100 worst), indicating outstanding price growth. CRM’s price grows at a higher rate over the last 12 months as compared to S&P 500 index constituents.
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 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 (3.671) is normal, around the industry mean (31.306). CRM has a moderately high P/E Ratio (1000.000) as compared to the industry average of (168.128). Projected Growth (PEG Ratio) (1.534) is also within normal values, averaging (4.122). Dividend Yield (0.000) settles around the average of (0.040) among similar stocks. P/S Ratio (6.959) is also within normal values, averaging (70.523).
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.
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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 developer of on-demand customer relationship management software technology
Industry PackagedSoftware
CRM and
Correlation & Price change
A.I.dvisor indicates that over the last year, CRM has been closely correlated with ESTC. These tickers have moved in lockstep 72% of the time. This A.I.-generated data suggests there is a high statistical probability that if CRM jumps, then ESTC could also see price increases.
| Ticker / NAME | Correlation To CRM | 1D Price Change % | ||
|---|---|---|---|---|
| CRM | 100% | +1.59% | ||
| ESTC - CRM | 72% Closely correlated | +4.69% | ||
| ADBE - CRM | 71% Closely correlated | +0.44% | ||
| NOW - CRM | 70% Closely correlated | +2.17% | ||
| HUBS - CRM | 70% Closely correlated | +2.86% | ||
| WDAY - CRM | 68% Closely correlated | -3.24% | ||
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