AI Robot Scores 108.38% Growth: A Game-Changer in the Oil & Gas Production Industry (NOG)
In today's fast-paced trading world, Artificial Intelligence (AI) is rapidly becoming an essential tool for traders. One stellar example of AI's potential in trading is the 'Swing Trader: Sector Rotation Strategy (TA&FA)'. This AI-powered trading robot, specifically designed for the Oil & Gas Production Industry, recently generated a whopping 108.38% return on investment.
Understanding the Market Cap of the Oil & Gas Production Industry
To provide some context, let's take a look at the industry our trading robot operates in. The Oil & Gas Production Industry is a diverse landscape, with an average market capitalization of 3.26 billion dollars. Market caps for tickers in this industry range from a mere 3.28K to a gigantic 121.56B, with COP leading at 121.56B and PSTRQ trailing at 3.28K.
Highs and Lows: A Closer Look at the Price Notable News
The Swing Trader navigated its way through the highs and lows of the market seamlessly. The average weekly price growth for all stocks in the Oil & Gas Production Industry was -3%, with the average monthly and quarterly price growth being -2% and -5%, respectively. Despite these downturns, CNUCF experienced the highest price growth at 61%, while DALXF took the biggest hit, with a price fall of -69%.
Mastering the Volume Game
The AI's strategy also excelled in managing the industry's volume growth. The average weekly volume growth across all stocks in this industry was -21%. However, on a monthly and quarterly basis, the average volume growth for the same stocks skyrocketed to 111% and 121% respectively.
Our Swing Trader robot's stellar performance in this volatile industry underscores the potential of AI in the trading world. By successfully navigating the highs and lows, and understanding the nuances of the market, it achieved an impressive 108.38% ROI. These numbers offer a glimpse of the future of trading, a future increasingly dominated by AI.
NOG's Stochastic Oscillator is sitting in oversold zone for 6 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.
Technical Analysis (Indicators)
Bullish Trend Analysis
The RSI Indicator demonstrates that the ticker has stayed in the oversold zone for 1 day, which means it's wise to expect a price bounce in the near future.
Following a 3-day Advance, the price is estimated to grow further. Considering data from situations where NOG advanced for three days, in of 346 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 306 cases where NOG 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 Momentum Indicator moved below the 0 level on January 24, 2025. You may want to consider selling the stock, shorting the stock, or exploring put options on NOG as a result. In of 88 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 NOG turned negative on January 24, 2025. 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 45 similar instances when the indicator turned negative. In of the 45 cases the stock turned lower in the days that followed. This puts the odds of success at .
NOG moved below its 50-day moving average on January 23, 2025 date and that indicates a change from an upward trend to a downward trend.
The 10-day moving average for NOG crossed bearishly below the 50-day moving average on January 30, 2025. This indicates that the trend has shifted lower and could be considered a sell signal. In of 19 past instances when the 10-day crossed below the 50-day, the stock continued to move higher over 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 NOG declined for three days, the price rose further in of 62 cases within the following month. The odds of a continued downward trend are .
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 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 76, placing this stock better than average.
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 (1.953) is normal, around the industry mean (4.497). P/E Ratio (3.953) is within average values for comparable stocks, (19.693). Projected Growth (PEG Ratio) (1.090) is also within normal values, averaging (4.890). Dividend Yield (0.039) settles around the average of (0.085) among similar stocks. P/S Ratio (1.914) is also within normal values, averaging (159.568).
The Tickeron Price Growth Rating for this company is (best 1 - 100 worst), indicating steady price growth. NOG’s price grows at a higher 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 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.
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 company which drills exploratory and developmental wells, primarily in the northern regions of the US and southern Canada.
Industry OilGasProduction