AI Trading Bot Generates 41.54% Gains for SDC
AI Trading Bot Generates Gains of 41.54% for SDC
In the ever-evolving sphere of finance, the role of artificial intelligence (AI) has become undeniably transformative. The recent success story in this sphere is that of an AI Trading Bot that generated a remarkable 41.54% gain for SmileDirectClub (SDC), underscoring the transformative potential of AI in finance and trading.
SDC, a teledentistry company, has been a beneficiary of the machine learning algorithms of this AI Trading Bot. By analyzing vast amounts of historical and real-time market data, these sophisticated algorithms were able to make predictive decisions, driving up the gains for SDC by 41.54%.
These gains significantly outpaced the returns of the Swing Trader: Top High-Volatility Stocks v.2 (TA), which reported an increase of 16.80%. The impressive gain realized by SDC, attributed to the AI Trading Bot, reflects the evolving trend of incorporating AI in decision-making in the finance sector.
The AI Trading Bot's algorithms analyze a plethora of factors to predict stock behavior. They consider elements such as past trading history, price trends, and various technical indicators. By crunching vast amounts of data at unprecedented speed, they offer insights that even experienced human traders might overlook, thereby enhancing investment decisions and profitability.
Moreover, the AI Trading Bot operates around the clock, devoid of human emotional bias, able to capitalize on opportunities that arise in different markets at any time. This attribute has undoubtedly contributed to the significant 41.54% gain for SDC.
Looking ahead, SDC is expected to report earnings on Aug 07, 2023. Investors, bolstered by the recent gains driven by the AI Trading Bot, will be watching with heightened interest. While it's impossible to predict with certainty, the enhanced analytical capabilities of AI bots could indicate a favorable earnings report.
As we venture further into the realm of AI integration, success stories like that of the AI Trading Bot and SDC continue to highlight the transformative power of artificial intelligence in the finance industry. AI-driven trading is not merely a speculative trend; it is rapidly becoming a central player in the stock market trading arena. It is imperative to acknowledge and understand this evolving paradigm, as it appears to be an integral part of the financial future.
SDC in downward trend: 10-day moving average crossed below 50-day moving average on August 21, 2023
The 10-day moving average for SDC crossed bearishly below the 50-day moving average on August 21, 2023. This indicates that the trend has shifted lower and could be considered a sell signal. In of 11 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 .
Technical Analysis (Indicators)
Bearish Trend Analysis
SDC moved below its 50-day moving average on August 15, 2023 date and that indicates a change from an upward trend to a downward trend.
Following a 3-day decline, the stock is projected to fall further. Considering past instances where SDC 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 Aroon Indicator for SDC entered a downward trend on September 20, 2023. This could indicate a strong downward move is ahead for the stock. Traders may want to consider selling the stock or buying put options.
Bullish Trend Analysis
The Stochastic Oscillator suggests the stock price trend may be in a reversal from a downward trend to an upward trend. of 59 cases where SDC's Stochastic Oscillator exited the oversold zone resulted in an increase in price. Tickeron's analysis proposes that the odds of a continued upward trend are .
The Moving Average Convergence Divergence (MACD) for SDC just turned positive on September 18, 2023. Looking at past instances where SDC's MACD turned positive, the stock continued to rise in of 33 cases over the following month. The odds of a continued upward trend are .
Following a +1 3-day Advance, the price is estimated to grow further. Considering data from situations where SDC advanced for three days, in of 190 cases, the price rose further within the following month. The odds of a continued upward trend are .
SDC 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 Valuation Rating of (best 1 - 100 worst) indicates that the company is slightly undervalued 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 (0.635) is normal, around the industry mean (24.999). P/E Ratio (0.000) is within average values for comparable stocks, (80.409). Projected Growth (PEG Ratio) (0.000) is also within normal values, averaging (6.287). Dividend Yield (0.000) settles around the average of (0.018) among similar stocks. P/S Ratio (0.391) is also within normal values, averaging (59.144).
The Tickeron Price Growth Rating for this company is (best 1 - 100 worst), indicating slightly worse than average price growth. SDC’s price grows at a lower rate over the last 12 months as compared to S&P 500 index constituents.
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.
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. SDC’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 88, placing this stock worse than average.
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 provider of dental services
Industry MedicalSpecialties
SDC and
Correlation & Price change
A.I.dvisor indicates that over the last year, SDC has been loosely correlated with BFLY. These tickers have moved in lockstep 42% of the time. This A.I.-generated data suggests there is some statistical probability that if SDC jumps, then BFLY could also see price increases.
| Ticker / NAME | Correlation To SDC | 1D Price Change % | ||
|---|---|---|---|---|
| SDC | 100% | -4.83% | ||
| BFLY - SDC | 42% Loosely correlated | -16.55% | ||
| NVTA - SDC | 42% Loosely correlated | -1.19% | ||
| RVTY - SDC | 38% Loosely correlated | -0.67% | ||
| XRAY - SDC | 37% Loosely correlated | -0.28% | ||
| PSNL - SDC | 36% Loosely correlated | +1.54% | ||
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