AI Precision: $ZIM's 5.13% Surge Engineered by Trader Robot
One such noteworthy example is the "Trend Trader, Popular Stocks: Price Action Trading Strategy (TA&FA)" AI trading bot, which showcased its prowess by generating a substantial +5.13% gain while trading ZIM over the course of the previous week. Let's delve into the key factors influencing this remarkable performance.
ZIM's Uptrend Momentum: A Positive Signal for Investors
ZIM exhibited a significant +19.00% uptrend, steadily growing for three consecutive days on January 05, 2024. Traditionally, a three-day upward trend is considered a bullish sign, warranting attention from investors anticipating future growth. Historical data indicates that in 84% of cases where ZIM advanced for three days, the price continued to rise within the following month, suggesting favorable odds for a sustained upward trajectory.
Earnings Report Analysis: A Closer Look at Financial Health
The last earnings report on November 15 revealed an earnings per share of -1889 cents for ZIM, falling short of the estimated -148 cents. This discrepancy may raise concerns among investors, as the financial performance did not meet expectations. With 17.78 million shares outstanding, ZIM's current market capitalization stands at 797.27 million.
Additionally, a dividend of $6.40 per share was paid, with a record date of April 03, 2023, and an ex-dividend date of April 04, 2023. Investors should note that purchasing the stock after the ex-dividend date would not result in receiving the next dividend payment.
Market Cap Overview: Where Does ZIM Stand?
In the context of the Marine Shipping Industry, the average market capitalization is 4.49 billion. ZIM's market cap of 797.27 million positions it within the spectrum, showcasing the diversity of valuations in the industry. Notably, HPGLY holds the highest valuation at 40.18 billion, while PRGNF is the lowest valued company at 1.87 thousand.
Highs and Lows: Tracking Price Movements and Notable News
Analyzing price movements, the average weekly, monthly, and quarterly price growth across the Marine Shipping Industry was 5%, 12%, and 20%, respectively. In this dynamic landscape, AWLNF experienced the highest weekly growth at 69%, while TOPS encountered the steepest fall at -7%, underlining the volatility present in the market.
Volume Insights: Unveiling Market Activity
Examining volume trends, the average weekly, monthly, and quarterly volume growth across the Marine Shipping Industry was 80%, 176%, and 48%, respectively. These figures indicate the varying levels of market activity, with certain stocks experiencing heightened interest and trading volumes.
While the AI trading bots demonstrated commendable performance in navigating ZIM's recent market dynamics, investors should remain vigilant, considering both positive signals and potential challenges in the broader financial landscape.
ZIM in +9.10% Uptrend, advancing for three consecutive days on September 30, 2024
Moving higher for three straight days is viewed as a bullish sign. Keep an eye on this stock for future growth. Considering data from situations where ZIM advanced for three days, in of 251 cases, the price rose further within the following month. The odds of a continued upward trend are .
Technical Analysis (Indicators)
Bullish Trend Analysis
The Stochastic Oscillator shows that the ticker has stayed in the oversold zone for 4 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.
ZIM moved above its 50-day moving average on October 11, 2024 date and that indicates a change from a downward trend to an upward trend.
The 10-day moving average for ZIM crossed bullishly above the 50-day moving average on September 19, 2024. This indicates that the trend has shifted higher and could be considered a buy signal. In of 11 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 .
The Aroon Indicator entered an Uptrend today. In of 229 cases where ZIM 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 ZIM moved out of overbought territory on October 01, 2024. 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 30 similar instances where the indicator moved out of overbought territory. In of the 30 cases, the stock moved lower in the following days. This puts the odds of a move lower at .
The Momentum Indicator moved below the 0 level on October 04, 2024. You may want to consider selling the stock, shorting the stock, or exploring put options on ZIM as a result. In of 57 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 ZIM turned negative on October 04, 2024. 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 32 similar instances when the indicator turned negative. In of the 32 cases the stock turned lower in the days that followed. This puts the odds of success at .
Following a 3-day decline, the stock is projected to fall further. Considering past instances where ZIM declined for three days, the price rose further in of 62 cases within the following month. The odds of a continued downward trend are .
ZIM broke above its upper Bollinger Band on September 23, 2024. 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)
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 75%.
The Tickeron Valuation Rating of (best 1 - 100 worst) indicates that the company is slightly undervalued 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 (1.069) is normal, around the industry mean (2.409). P/E Ratio (0.000) is within average values for comparable stocks, (24.917). Dividend Yield (0.045) settles around the average of (0.068) among similar stocks. P/S Ratio (0.517) is also within normal values, averaging (2.157).
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 Price Growth Rating for this company is (best 1 - 100 worst), indicating steady price growth. ZIM’s price grows at a higher 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. ZIM’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 65, placing this stock worse than average.
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
Industry MarineShipping