AI Trading Bot Boosts CRM by 15.57%; Positive MACD Shift
Artificial intelligence (AI) continues to reshape the financial landscape as AI-based trading systems deliver impressive results. One such standout in this transformative environment is the AI Trading Bot which has generated a commendable gain of 15.57% for Customer Relationship Management (CRM). This achievement underscores the growing potential of AI in revolutionizing the trading landscape, offering both investors and traders new ways of maximizing returns on investments.
The AI Trading Bot harnesses the power of machine learning and predictive analytics to create models that learn from historical data, identify patterns, and predict future price movements. This bot's effectiveness is evidenced by the robust 15.57% gains it has generated for CRM.
A noteworthy point is the bot's ability to accurately decipher complex trading signals. A prime example of this is the recent positive turn of CRM's Moving Average Convergence Divergence (MACD) Histogram. The MACD is a key technical analysis tool that traders use to identify possible buy and sell signals. It does this by evaluating the relationship between two moving averages of a security's price. The MACD histogram, in particular, plots the difference between the MACD line and the signal line and can provide early indications of upcoming trend reversals.
The positive shift in the MACD Histogram signals bullish sentiment toward CRM, indicating a potential upward momentum in the stock price. It signifies the end of the bearish phase and the beginning of a bullish phase. This means investors are buying the stock, thus driving up the price. In simpler terms, it's the market's way of giving a green signal for investment.
The AI Trading Bot's ability to adapt to market changes and accurately interpret these complex trading signals is integral to its successful track record. Its machine-learning algorithms can detect subtle market changes that might go unnoticed by human traders. Such signals, when capitalized on swiftly, often lead to significant gains, as seen in the case of CRM.
CRM's Indicator enters downward trend
The Aroon Indicator for CRM entered a downward trend on August 29, 2023. Tickeron's A.I.dvisor identified a pattern where the AroonDown red line was above 70 while the AroonUp green line was below 30 for three straight days. This could indicate a strong downward move is ahead for the stock. Traders may want to consider selling the stock or buying put options. A.I.dvisor looked at 157 similar instances where the Aroon Indicator formed such a pattern. In of the 157 cases the stock moved lower. This puts the odds of a downward move at .
Technical Analysis (Indicators)
Bearish Trend Analysis
The Momentum Indicator moved below the 0 level on September 15, 2023. You may want to consider selling the stock, shorting the stock, or exploring put options on CRM as a result. In of 93 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 CRM turned negative on September 18, 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 47 similar instances when the indicator turned negative. In of the 47 cases the stock turned lower in the days that followed. This puts the odds of success at .
CRM moved below its 50-day moving average on September 15, 2023 date and that indicates a change from an upward trend to a downward trend.
The 10-day moving average for CRM crossed bearishly below the 50-day moving average on September 21, 2023. 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 CRM declined for three days, the price rose further in of 62 cases within the following month. The odds of a continued downward trend are .
Bullish Trend Analysis
The RSI Indicator entered the oversold zone -- be on the watch for CRM's price rising or consolidating in the future. That's also the time to consider buying the stock or exploring call options.
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 CRM advanced for three days, in of 328 cases, the price rose further within the following month. The odds of a continued upward trend are .
CRM 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 Price Growth Rating for this company is (best 1 - 100 worst), indicating steady price growth. CRM’s price grows at a higher rate over the last 12 months as compared to S&P 500 index constituents.
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 90, placing this stock slightly better than average.
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 (3.458) is normal, around the industry mean (21.049). P/E Ratio (128.205) is within average values for comparable stocks, (152.713). Projected Growth (PEG Ratio) (1.319) is also within normal values, averaging (2.638). Dividend Yield (0.000) settles around the average of (0.088) among similar stocks. P/S Ratio (6.180) is also within normal values, averaging (74.081).
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 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.
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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 developer of on-demand customer relationship management software technology
Industry PackagedSoftware
CRM and
Correlation & Price change
A.I.dvisor indicates that over the last year, CRM has been loosely correlated with ANSS. These tickers have moved in lockstep 62% of the time. This A.I.-generated data suggests there is some statistical probability that if CRM jumps, then ANSS could also see price increases.
| Ticker / NAME | Correlation To CRM | 1D Price Change % | ||
|---|---|---|---|---|
| CRM | 100% | -0.04% | ||
| ANSS - CRM | 62% Loosely correlated | -0.39% | ||
| WDAY - CRM | 61% Loosely correlated | +0.33% | ||
| HUBS - CRM | 61% Loosely correlated | +0.18% | ||
| ESTC - CRM | 61% Loosely correlated | +1.03% | ||
| NOW - CRM | 61% Loosely correlated | +0.97% | ||
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