Over the past year, our AI Robot Swing trader: Downtrend Protection v.2 (TA) has significantly outperformed expectations in the world of stock trading, generating an annual yield of 34.76% for FUBO. This remarkable performance underscores the transformative power of artificial intelligence in trading and investment strategies.
However, amidst this impressive performance, there are warning signals that traders and investors need to be aware of. FUBO's Relative Strength Index (RSI) Indicator, a popular tool used to measure the speed and change of price movements, has recently left the overbought zone. This departure often indicates that a stock's price could be shifting from an uptrend to a downtrend, suggesting a potential cooling period for FUBO.
Our AI advisor analyzed 30 similar cases where FUBO's RSI Indicator left the overbought zone. The result was a successful outcome in 23 of these instances, putting the odds of success at 77%. Consequently, traders might want to consider selling the stock or exploring put options.
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While this data is compelling, it's important to note that it does not guarantee that the stock will follow a downtrend. Many other factors can influence a stock's price, including company news, earnings reports, and broader market trends. Therefore, it's essential to consider this analysis in the context of a broader investment strategy.
The 34.76% annual yield for FUBO demonstrates the remarkable capabilities of AI in stock trading. However, the potential shift in FUBO's price trend also emphasizes the importance of vigilance and informed decision-making in stock trading.
As we move further into 2023, the potential downtrend for FUBO will undoubtedly attract the close attention of traders and investors alike. Regardless of what happens, the situation underscores the dynamic nature of the stock market and the need for a well-informed, strategic approach to investing.
While the performance of the AI Robot has been impressive, traders should be alert to the potential for a shift in FUBO's price trend. As always, successful trading involves careful analysis, strategic planning, and an understanding of the risks involved.
Expect a price pull-back in the near future.
The RSI Indicator has been in the overbought zone for 2 days. 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 FUBO declined for three days, the price rose further in of 62 cases within the following month. The odds of a continued downward trend are .
FUBO broke above its upper Bollinger Band on January 06, 2025. 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 Momentum Indicator moved above the 0 level on January 03, 2025. You may want to consider a long position or call options on FUBO as a result. In of 92 past instances where the momentum indicator moved above 0, the stock continued to climb. The odds of a continued upward trend are .
The Moving Average Convergence Divergence (MACD) for FUBO just turned positive on January 06, 2025. Looking at past instances where FUBO's MACD turned positive, the stock continued to rise in of 51 cases over the following month. The odds of a continued upward trend are .
FUBO moved above its 50-day moving average on January 06, 2025 date and that indicates a change from a downward trend to an upward trend.
The 10-day moving average for FUBO crossed bullishly above the 50-day moving average on January 06, 2025. This indicates that the trend has shifted higher and could be considered a buy signal. In of 16 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 +27 3-day Advance, the price is estimated to grow further. Considering data from situations where FUBO advanced for three days, in of 232 cases, the price rose further within the following month. The odds of a continued upward trend are .
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. FUBO’s price grows at a higher rate over the last 12 months as compared to 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: FUBO's P/B Ratio (5.747) is very high in comparison to the industry average of (0.932). FUBO has a moderately low P/E Ratio (0.000) as compared to the industry average of (10.836). FUBO's Projected Growth (PEG Ratio) (0.000) is slightly lower than the industry average of (0.313). Dividend Yield (0.000) settles around the average of (0.059) among similar stocks. P/S Ratio (0.776) is also within normal values, averaging (0.819).
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. FUBO’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 95, placing this stock worse than average.
The average fundamental analysis ratings, where 1 is best and 100 is worst, are as follows
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