AI Robot Boosts WAT Stock by 15.27% and MACD Turns Positive
Artificial Intelligence (AI) is increasingly becoming an indispensable tool in the world of finance. One recent success story comes from the investment firm WAT, which deployed an AI robot to generate returns for its clients. The results have been impressive, with the robot generating a return of 15.27% for WAT over the last year.
This success is due in part to the use of cutting-edge machine learning algorithms that can process vast amounts of data and identify patterns that human analysts might miss. The AI system used by WAT is constantly learning and adapting, which allows it to make more accurate predictions and generate better returns for its clients.
Another positive sign for WAT is the recent uptick in the Moving Average Convergence Divergence (MACD) Histogram for Waters Corporation (WAT), a leading provider of analytical laboratory equipment. The MACD Histogram is a technical indicator that measures the difference between two moving averages of a security's price. A positive MACD Histogram indicates that the trend is moving upward, which is generally seen as a bullish sign for the stock.
The combination of the impressive returns generated by the AI robot and the positive trend in the MACD Histogram bodes well for WAT and its clients. As AI technology continues to improve, we can expect to see more investment firms turning to machine learning algorithms to generate returns for their clients. However, it is important to remember that AI systems are not infallible and should be used in conjunction with human analysts to ensure that investment decisions are based on a comprehensive and well-informed analysis of the market.
WAT in -4.04% downward trend, declining for three consecutive days on May 24, 2023
Moving lower for three straight days is viewed as a bearish sign. Keep an eye on this stock for future declines. Considering data from situations where WAT declined for three days, in of 271 cases, the price declined further within the following month. The odds of a continued downward trend are .
Technical Analysis (Indicators)
Bearish Trend Analysis
The Momentum Indicator moved below the 0 level on April 25, 2023. You may want to consider selling the stock, shorting the stock, or exploring put options on WAT as a result. In of 78 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 WAT turned negative on April 25, 2023. 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 52 similar instances when the indicator turned negative. In of the 52 cases the stock turned lower in the days that followed. This puts the odds of success at .
The Aroon Indicator for WAT entered a downward trend on May 30, 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 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 Uptrend is expected.
The Stochastic Oscillator is in the oversold zone. Keep an eye out for a move up in the foreseeable future.
Following a 3-day Advance, the price is estimated to grow further. Considering data from situations where WAT advanced for three days, in of 335 cases, the price rose further within the following month. The odds of a continued upward trend are .
WAT 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)
The Tickeron SMR rating for this company is (best 1 - 100 worst), indicating very strong sales and a profitable 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 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 85, placing this stock slightly better than average.
The Tickeron Price Growth Rating for this company is (best 1 - 100 worst), indicating fairly steady price growth. WAT’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 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 (25.126) is normal, around the industry mean (25.189). P/E Ratio (22.222) is within average values for comparable stocks, (142.446). Projected Growth (PEG Ratio) (2.183) is also within normal values, averaging (5.611). Dividend Yield (0.000) settles around the average of (0.019) among similar stocks. P/S Ratio (5.163) is also within normal values, averaging (52.797).
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
a manufacturer of analytical technologies: liquid chromatography, mass spectrometry, and thermal analysis
Industry MedicalSpecialties
WAT and
Correlation & Price change
A.I.dvisor indicates that over the last year, WAT has been closely correlated with A. These tickers have moved in lockstep 85% of the time. This A.I.-generated data suggests there is a high statistical probability that if WAT jumps, then A could also see price increases.
| Ticker / NAME | Correlation To WAT | 1D Price Change % | ||
|---|---|---|---|---|
| WAT | 100% | -1.93% | ||
| A - WAT | 85% Closely correlated | -2.23% | ||
| MTD - WAT | 80% Closely correlated | -2.48% | ||
| BRKR - WAT | 79% Closely correlated | -1.83% | ||
| RVTY - WAT | 78% Closely correlated | -0.39% | ||
| TMO - WAT | 77% Closely correlated | -1.49% | ||
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