AI Trader Robot Rocks: $FUBO Sees +5.47% Weekly Growth!
These bots, now accessible through platforms like "Swing Trader: Deep Trend Analysis v.2 (TA)," are revolutionizing the way investors approach the stock market. In this article, we'll delve into the performance of AI trading robots, specifically examining their recent success trading FUBO, and explore the broader implications for investors.
AI Trading Robots Deliver Impressive Gains
Recent data from "Swing Trader: Deep Trend Analysis v.2 (TA)" reveals a noteworthy achievement: these AI trading robots generated a remarkable 5.47% gain while trading FUBO over the course of the previous week. This stellar performance begs the question: How do these robots consistently outperform the market?
FUBO's RSI Indicator Signals a Potential Shift
A critical aspect of AI trading robots' success lies in their ability to analyze technical indicators. For instance, the 10-day Relative Strength Index (RSI) for FUBO exhibited a significant development on September 6, 2023, as it moved out of the overbought zone. This shift can be interpreted as a sign that the stock may be transitioning from an upward trend to a downward one.
Traders closely watching the RSI may consider selling the stock or exploring put options. Interestingly, Tickeron's A.I.dvisor studied 31 instances where the RSI moved out of the overbought zone, and in 28 of these cases, the stock subsequently moved lower in the following days. This compelling statistic suggests a 90% likelihood of a downward move, making it a valuable insight for traders.
Earnings Report and Market Capitalization
Beyond technical indicators, AI trading robots are adept at digesting fundamental data. The last earnings report for FUBO on August 4 revealed earnings per share of -17 cents, surpassing the estimated -28 cents. This positive earnings surprise reflects FUBO's resilience and ability to outperform market expectations.
With 3.20 million shares outstanding, FUBO's current market capitalization stands at 693.43 million. This data point provides context within the broader Broadcasting Industry.
Market Cap Comparisons
Comparing FUBO's market capitalization with its industry peers is crucial for investors. The Broadcasting Industry, on average, boasts a market capitalization of 1.46 billion. Within this sector, market cap values range from a mere 1.02 thousand to a substantial 18.73 billion. Notably, CBS.A leads the group with the highest valuation at 18.73 billion, while MNIZ is the industry's smallest player at 1.02 thousand.
Price and Volume Performance
Analyzing price and volume trends is integral to understanding a stock's performance. Across all stocks in the Broadcasting Industry, the average weekly price growth registered at 0%, indicating a relatively stable trend. However, the average monthly price growth exhibited a decline of 7%, while the average quarterly price growth plummeted by 16%.
Remarkably, MNIZ stood out with the highest price growth at an impressive 98%. On the flip side, AITVF experienced the most significant decline with a staggering -74% in price.
As for volume, the average weekly volume growth across the Broadcasting Industry was a robust 62%. The monthly average volume growth closely mirrored this at 60%, while the quarterly volume growth came in at 26%. These figures suggest a healthy level of trading activity within the industry.
In summary, the performance of AI trading robots, as demonstrated by "Swing Trader: Deep Trend Analysis v.2 (TA)," offers a compelling glimpse into the future of investment strategies. Their ability to interpret technical indicators, earnings reports, and market data provides investors with valuable insights. As demonstrated by the case of FUBO, AI trading robots can generate impressive gains while navigating the complexities of the stock market.
FUBO's RSI Oscillator ascends from oversold territory
The RSI Indicator for FUBO moved out of oversold territory on December 20, 2024. This could be a sign that the stock is shifting from a downward trend to an upward trend. Traders may want to buy the stock or call options. The A.I.dvisor looked at 37 similar instances when the indicator left oversold territory. In of the 37 cases the stock moved higher. This puts the odds of a move higher at .
Technical Analysis (Indicators)
Bullish Trend Analysis
The Stochastic Oscillator shows that the ticker has stayed in the oversold zone for 5 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.
Following a 3-day Advance, the price is estimated to grow further. Considering data from situations where FUBO advanced for three days, in of 228 cases, the price rose further within the following month. The odds of a continued upward trend are .
FUBO may jump back above the lower band and head toward the middle band. Traders may consider buying the stock or exploring call options.
The Aroon Indicator entered an Uptrend today. In of 142 cases where FUBO 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 December 13, 2024. You may want to consider selling the stock, shorting the stock, or exploring put options on FUBO as a result. In of 92 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 FUBO turned negative on December 13, 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 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 .
FUBO moved below its 50-day moving average on December 13, 2024 date and that indicates a change from an upward trend to a downward trend.
The 10-day moving average for FUBO crossed bearishly below the 50-day moving average on December 19, 2024. This indicates that the trend has shifted lower and could be considered a sell signal. In of 15 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 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 .
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 Price Growth Rating for this company is (best 1 - 100 worst), indicating fairly steady price growth. FUBO’s price grows at a lower 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 (1.944) is slightly higher than the industry average of (0.807). FUBO has a moderately low P/E Ratio (0.000) as compared to the industry average of (10.666). FUBO's Projected Growth (PEG Ratio) (0.000) is slightly lower than the industry average of (0.316). Dividend Yield (0.000) settles around the average of (0.062) among similar stocks. P/S Ratio (0.267) is also within normal values, averaging (0.602).
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 94, placing this stock worse than average.
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Fundamental Analysis Ratings
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General Information
Industry Broadcasting