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May 24, 2023

AI Trading bot Generates 4.1% Gain for MARA Last Week – A Technical Perspective

Despite a recent downturn indicated by the Momentum Indicator, Marathon Patent Group, Inc. (MARA), a leading digital asset technology company, exhibited a strong performance last week as its stocks gained 4.1%. This surge was credited to a powerful AI trading robot, which seemingly sidestepped traditional market signals to make profitable trading decisions.

An interesting event unfolded on May 23, 2023. The Momentum Indicator, a key technical indicator, slid below 0 for MARA. Generally, this occurrence suggests a potential shift in momentum to the downside. It serves as an alert for traders who might want to consider selling their stocks or contemplating put options to hedge against potential losses.

However, amidst these bearish indications, the AI trading robot seemed to play by a different rulebook. Instead of going by conventional wisdom, the robot orchestrated a profitable trade, leading to a 4.1% gain.

The question of interest here is, how could the AI trading robot generate such a gain amid a bearish outlook?

Historical evidence suggested a likely further dip in the stock price. Tickeron's A.I.dvisor, a predictive tool, had previously analyzed 76 similar instances where the Momentum Indicator turned negative. The results were quite telling – in 71 of these cases, or about 93.4% of the time, the stock further depreciated in the following days. This historical data thus provided an alarming 90% chance of MARA stocks undergoing a decline.

However, the AI trading robot's strategy seemed to be based on more than just the Momentum Indicator. This could potentially involve factoring in other indicators and patterns, both technical and fundamental, that might have hinted at a bullish trend undetected by standard analytics. The robot’s machine learning algorithms might have recognized an overlooked pattern, such as an emerging bullish divergence or a significant support level.

This underlines the immense potential and sophistication of AI trading robots in today's volatile stock markets. Such robots can identify and act on complex trading signals that human traders may miss. They can combine data from multiple indicators, assess their relative importance, and make lightning-fast decisions.

In the case of MARA, the AI trading robot's decision proved advantageous, generating a 4.1% gain. This exemplifies the growing influence and value of AI in financial markets, even as traditional indicators suggest bearish prospects. It also serves as a reminder to traders and investors alike that while historical patterns and technical indicators are critical tools in decision-making, they are not infallible, and AI is becoming increasingly proficient at navigating these complexities.

While this analysis does not recommend disregarding traditional indicators such as the Momentum Indicator, it does suggest that integrating AI trading tools could be beneficial. Given the ability of AI to process and interpret large volumes of data quickly and accurately, its use in financial decision-making seems not only prudent but also potentially highly profitable.

MARA's recent performance, steered by the AI trading robot amidst bearish indicators, paints an exciting picture of the future of trading, where AI's role appears more significant and influential than ever before.

Related Ticker: MARA

Momentum Indicator for MARA turns positive, indicating new upward trend

MARA saw its Momentum Indicator move above the 0 level on July 12, 2024. 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 80 similar instances where the indicator turned positive. In of the 80 cases, the stock moved higher in the following days. The odds of a move higher are at .

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Notable companies

The most notable companies in this group are Morgan Stanley (NYSE:MS), Goldman Sachs Group (NYSE:GS), Charles Schwab Corp (The) (NYSE:SCHW), CME Group (NASDAQ:CME).

Industry description

These banks specialize in underwriting (helping companies with debt financing or equity issuances), IPOs, facilitating mergers and other corporate reorganizations and acting as a broker or financial advisor for institutions. They might also trade securities on their own accounts. Investment banks potentially thrive on expanding its network of clients, since that could help them increase profits. Goldman Sachs, Morgan Stanley and CME Group Inc are some of the largest investment banking companies.

Market Cap

The average market capitalization across the Investment Banks/Brokers Industry is 11.26B. The market cap for tickers in the group ranges from 13 to 928.5B. PKRSF holds the highest valuation in this group at 928.5B. The lowest valued company is BFCH at 13.

High and low price notable news

The average weekly price growth across all stocks in the Investment Banks/Brokers Industry was -0%. For the same Industry, the average monthly price growth was 4%, and the average quarterly price growth was 16,327%. CSOL experienced the highest price growth at 115%, while MIGI experienced the biggest fall at -21%.

Volume

The average weekly volume growth across all stocks in the Investment Banks/Brokers Industry was -23%. For the same stocks of the Industry, the average monthly volume growth was -28% and the average quarterly volume growth was -10%

Fundamental Analysis Ratings

The average fundamental analysis ratings, where 1 is best and 100 is worst, are as follows

Valuation Rating: 59
P/E Growth Rating: 64
Price Growth Rating: 54
SMR Rating: 67
Profit Risk Rating: 72
Seasonality Score: 14 (-100 ... +100)
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A.I.Advisor
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a patent and patent rights acquisition and licensing company

Industry InvestmentBanksBrokers

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Address
101 NE Third Avenue
Phone
+1 702 945-2773
Employees
60
Web
http://www.mara.com
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