AI Robot Generates 7.13% Profit for BX in Previous Month
This AI trading robot from Swing Trader, Popular Stocks ($1.5K per position): Long Bias Strategy (TA&FA), was a top performer in our robot factory over a month, generating 7.13% for BX.
As a technical analyst, let's analyze the performance of Swing Trader's AI trading robot and the earning results of BX.
Swing Trader's AI trading robot has shown to be a top performer generating a 7.13% return for BX in just a month. The robot uses a Long Bias Strategy that combines both Technical Analysis (TA) and Fundamental Analysis (FA) to identify and take advantage of potential opportunities in the market. It is worth noting that Swing Trader's robot has a focus on Popular Stocks with a $1.5K per position, indicating that it trades high volume stocks with a lower investment threshold.
However, it is important to consider the current market trend and its potential impact on BX's performance. On April 10, 2023, the 50-day moving average for BX moved below the 200-day moving average, indicating a bearish signal. This shift in the market trend could impact BX's performance in the long term, and traders should be cautious when investing in the stock.
Moving on to the earning results, the latest earnings report on April 20 showed that BX beat the estimated earnings per share of 94 cents by reporting earnings of 97 cents per share. With 145.06K shares outstanding, the current market capitalization of BX sits at 63.63B. This suggests that BX is a relatively large company, which may indicate a level of stability and predictability in its performance. However, it is important to note that the earnings report does not reflect the recent bearish trend in the stock's moving averages.
In conclusion, Swing Trader's AI trading robot has shown strong performance in the short term for BX, but traders should be cautious due to the current bearish trend in the market. Additionally, the latest earnings report shows a positive performance for BX, but it is important to consider the impact of the market trend on the stock's future performance. As with any investment, traders should conduct their own research and analysis before making any investment decisions.
Momentum Indicator for BX turns positive, indicating new upward trend
BX saw its Momentum Indicator move above the 0 level on May 17, 2023. This is an indication that the stock could be shifting in to a new upward move. Traders may want to consider buying the stock or buying call options. Tickeron's A.I.dvisor looked at 78 similar instances where the indicator turned positive. In of the 78 cases, the stock moved higher in the following days. The odds of a move higher are at .
Technical Analysis (Indicators)
Bullish Trend Analysis
The Moving Average Convergence Divergence (MACD) for BX just turned positive on May 22, 2023. Looking at past instances where BX's MACD turned positive, the stock continued to rise in of 47 cases over the following month. The odds of a continued upward trend are .
BX moved above its 50-day moving average on May 26, 2023 date and that indicates a change from a downward trend to an upward trend.
The 10-day moving average for BX crossed bullishly above the 50-day moving average on June 01, 2023. This indicates that the trend has shifted higher and could be considered a buy signal. In of 14 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 .
Following a 3-day Advance, the price is estimated to grow further. Considering data from situations where BX advanced for three days, in of 387 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 342 cases where BX 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 Stochastic Oscillator may be shifting from an upward trend to a downward trend. In of 63 cases where BX'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 BX declined for three days, the price rose further in of 62 cases within the following month. The odds of a continued downward trend are .
BX broke above its upper Bollinger Band on June 02, 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 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: BX's P/B Ratio (9.242) is slightly higher than the industry average of (2.331). P/E Ratio (109.890) is within average values for comparable stocks, (74.553). Projected Growth (PEG Ratio) (2.633) is also within normal values, averaging (4.398). Dividend Yield (0.044) settles around the average of (0.072) among similar stocks. P/S Ratio (14.472) is also within normal values, averaging (44.341).
The Tickeron Profit vs. Risk Rating rating for this company is (best 1 - 100 worst), indicating low risk on high returns. The average Profit vs. Risk Rating rating for the industry is 82, placing this stock better than average.
The Tickeron Price Growth Rating for this company is (best 1 - 100 worst), indicating fairly steady price growth. BX’s price grows at a lower 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 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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Fundamental Analysis Ratings
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General Information
a provider of investment and fund management services
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BX and
Correlation & Price change
A.I.dvisor indicates that over the last year, BX has been closely correlated with KKR. These tickers have moved in lockstep 83% of the time. This A.I.-generated data suggests there is a high statistical probability that if BX jumps, then KKR could also see price increases.
