AI-Powered Swing Trading: A 25.69% Annual Return on MULN and the Predictive Power of Bollinger Bands
In the dynamic world of trading, the ability to anticipate market movements is invaluable. The advent of Artificial Intelligence (AI) has revolutionized this space, offering unprecedented predictive capabilities. Our AI Robot, 'Swing Trader: Medium Volatility Stocks for Active Trading (TA&FA)', has been at the forefront of this revolution, generating an impressive 25.69% return on MULN in the past year.
The AI Robot's success lies in its ability to analyze complex market data and identify patterns that might be overlooked by human traders. One such pattern is the Bollinger Bands, a key tool in our AI Robot's predictive arsenal. On May 22, 2023, MULN broke its lower Bollinger Band, signaling a potential upward trend.
Historically, when MULN's price has broken its lower Bollinger Band, it has risen further in the following month in 39 out of 43 similar cases. This translates to a compelling 90% odds of a continued upward trend, suggesting that traders may want to consider buying the stock or exploring call options.
In terms of market capitalization, the average across the Motor Vehicles Industry is 31.28B, with a range from 2.87M to 793.04B. TSLA holds the highest valuation in this group at 793.04B, while NVYAF is at the lower end with 2.87M.
Looking at price growth, the average weekly growth across all stocks in the Motor Vehicles Industry was -1%, with a monthly growth of 5%, and a quarterly growth of 6%. ARVL experienced the highest price growth at 22%, while EVTGF experienced the biggest fall at -36%.
In terms of volume, the average weekly volume growth across all stocks in the industry was -38%, with a monthly volume growth of -30% and a quarterly volume growth of 6%.
The integration of AI into trading strategies has proven to be a game-changer. Our AI Robot's impressive performance with MULN is a testament to the power of AI in predicting market trends and generating significant returns. As we continue to refine our AI algorithms, we look forward to sharing more success stories with you. Stay tuned!
MULN saw its Stochastic Oscillator leaves the overbought zone
The Stochastic Oscillator for MULN moved out of overbought territory on September 19, 2023. This could be a bearish sign for the stock and investors may want to consider selling or taking a defensive position. A.I.dvisor looked at 24 similar instances where the indicator exited the overbought zone. In of the 24 cases the stock moved lower. This puts the odds of a downward move at .
Technical Analysis (Indicators)
Bearish Trend Analysis
Following a 3-day decline, the stock is projected to fall further. Considering past instances where MULN declined for three days, the price rose further in of 62 cases within the following month. The odds of a continued downward trend are .
MULN broke above its upper Bollinger Band on September 15, 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.
The Aroon Indicator for MULN entered a downward trend on September 01, 2023. 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 Indicator points to a transition from a downward trend to an upward trend -- in cases where MULN's RSI Indicator exited the oversold zone, of 43 resulted in an increase in price. Tickeron's analysis proposes that the odds of a continued upward trend are .
The Momentum Indicator moved above the 0 level on September 14, 2023. You may want to consider a long position or call options on MULN as a result. In of 78 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 3-day Advance, the price is estimated to grow further. Considering data from situations where MULN advanced for three days, in of 212 cases, the price rose further within the following month. The odds of a continued upward trend are .
Fundamental Analysis (Ratings)
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 (0.375) is normal, around the industry mean (6.743). P/E Ratio (0.001) is within average values for comparable stocks, (20.678). Projected Growth (PEG Ratio) (0.000) is also within normal values, averaging (5.664). MULN has a moderately low Dividend Yield (0.000) as compared to the industry average of (0.040). P/S Ratio (1.477) is also within normal values, averaging (52.056).
The Tickeron Price Growth Rating for this company is (best 1 - 100 worst), indicating slightly worse than average price growth. MULN’s price grows at a lower rate over the last 12 months as compared to S&P 500 index constituents.
The Tickeron PE Growth Rating for this company is (best 1 - 100 worst), pointing to worse than average 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 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. MULN’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 85, placing this stock worse than average.
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
Industry MotorVehicles
| 1 Day | |||
|---|---|---|---|
| MFs / NAME | Price $ | Chg $ | Chg % |
| JSVSX | 12.73 | 0.08 | +0.63% |
| Janus Henderson Small-Mid Cap Value S | |||
| GQLVX | 12.02 | 0.06 | +0.50% |
| Glenmede Quant US Large Cap Value Equity | |||
| FEIQX | 28.36 | 0.09 | +0.32% |
| Franklin Equity Income R6 | |||
| BIOIX | 32.45 | 0.10 | +0.31% |
| Baron Opportunity Instl | |||
| PEMMX | 11.36 | -0.03 | -0.26% |
| Putnam Emerging Markets Equity A | |||
MULN and
Correlation & Price change
A.I.dvisor tells us that MULN and AYRO have been poorly correlated (+26% of the time) for the last year. This A.I.-generated data suggests there is low statistical probability that MULN and AYRO's prices will move in lockstep.
| Ticker / NAME | Correlation To MULN | 1D Price Change % | ||
|---|---|---|---|---|
| MULN | 100% | +5.28% | ||
| AYRO - MULN | 26% Poorly correlated | -1.32% | ||
| F - MULN | 21% Poorly correlated | +1.21% | ||
| RIVN - MULN | 21% Poorly correlated | +2.62% | ||
| GM - MULN | 21% Poorly correlated | +1.47% | ||
| WKHS - MULN | 21% Poorly correlated | +5.00% | ||
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