The Swing trader: Deep Trend Analysis v.2 (TA) bot, which has recently showcased its prowess by generating an impressive +5.72% gain while trading TLRY over the course of the previous week. In this article, we will delve into the significance of this performance and analyze the latest earnings report to gain insights into the future growth prospects of this stock.
Bullish Momentum and AI Trading:
The AI trading robot, accessible through Swing trader: Deep Trend Analysis v.2 (TA) demonstrated a noteworthy achievement by capitalizing on TLRY's upward movement. The stock has been moving higher for three consecutive days, which is generally viewed as a bullish sign in technical analysis. This positive trend caught the attention of the AI bot, prompting it to execute successful trades and achieve a substantial gain.
Analyzing Historical Data:
To gauge the potential for future growth, it is essential to consider historical data and evaluate similar scenarios. Examining situations where TLRY advanced for three consecutive days, we find that in 179 out of 220 cases, the price continued to rise further within the following month. This analysis reveals that the odds of a continued upward trend are remarkably high at 81%. Therefore, investors should keep a close watch on TLRY as it holds promising prospects for further gains.
Earnings Report Highlights:
Apart from technical indicators, fundamental factors such as earnings reports play a significant role in assessing a company's financial health and potential stock performance. The last earnings report on April 10 showed earnings per share of -3 cents, surpassing the estimated -5 cents. This positive surprise indicates that TLRY performed better than expected, reflecting the company's ability to effectively manage its operations.
Market Capitalization and Shares Outstanding:
TLRY currently has 14.23 million shares outstanding, which is a critical factor in determining the stock's value. With this number in mind, the current market capitalization of TLRY stands at an impressive 1.12 billion dollars. Market capitalization is a key metric used by investors to assess the size and worth of a company. TLRY's market cap demonstrates its significant presence in the market and reinforces its potential for growth.
The recent success of the AI trading bot, Swing trader: Deep Trend Analysis v.2 (TA) in generating a +5.72% gain while trading TLRY highlights the growing influence of AI in the financial industry. TLRY's three-day upward trend coupled with historical data analysis indicates a high probability of continued growth. Additionally, TLRY's earnings report showed promising results, surpassing market expectations. With a market capitalization of 1.12 billion dollars, TLRY remains an attractive option for investors seeking potential opportunities in the market.
TLRY saw its Momentum Indicator move below the 0 level on September 15, 2023. This is an indication that the stock could be shifting in to a new downward move. Traders may want to consider selling the stock or exploring put options. Tickeron's A.I.dvisor looked at 86 similar instances where the indicator turned negative. In of the 86 cases, the stock moved further down in the following days. The odds of a decline are at .
The 10-day RSI Indicator for TLRY moved out of overbought territory on September 12, 2023. This could be a bearish sign for the stock. Traders may want to consider selling the stock or buying put options. Tickeron's A.I.dvisor looked at 15 similar instances where the indicator moved out of overbought territory. In of the 15 cases, the stock moved lower in the following days. This puts the odds of a move lower at .
The Moving Average Convergence Divergence Histogram (MACD) for TLRY turned negative on September 15, 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 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 .
TLRY moved below its 50-day moving average on September 26, 2023 date and that indicates a change from an upward trend to a downward trend.
The 10-day moving average for TLRY crossed bearishly below the 50-day moving average on September 28, 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 .
Following a 3-day decline, the stock is projected to fall further. Considering past instances where TLRY 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 Stochastic Oscillator shows that the ticker has stayed in the oversold zone for 8 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.
The 50-day moving average for TLRY moved above the 200-day moving average on September 27, 2023. This could be a long-term bullish signal for the stock as the stock shifts to an upward trend.
Following a 3-day Advance, the price is estimated to grow further. Considering data from situations where TLRY advanced for three days, in of 212 cases, the price rose further within the following month. The odds of a continued upward trend are .
TLRY 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 113 cases where TLRY Aroon's Indicator entered an Uptrend, the price rose further within the following month. The odds of a continued Uptrend are .
The Tickeron Price Growth Rating for this company is (best 1 - 100 worst), indicating steady price growth. TLRY’s price grows at a higher 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 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 (0.524) is normal, around the industry mean (85.803). P/E Ratio (8.518) is within average values for comparable stocks, (58.606). TLRY's Projected Growth (PEG Ratio) (0.000) is slightly lower than the industry average of (3.360). TLRY has a moderately low Dividend Yield (0.000) as compared to the industry average of (0.027). P/S Ratio (2.365) is also within normal values, averaging (61.643).
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 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. TLRY’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 92, placing this stock worse than average.
The average fundamental analysis ratings, where 1 is best and 100 is worst, are as follows
a holding company, whose subsidiaries engages in research, cultivation, processing and distribution of medical cannabis
A.I.dvisor indicates that over the last year, TLRY has been closely correlated with SNDL. These tickers have moved in lockstep 76% of the time. This A.I.-generated data suggests there is a high statistical probability that if TLRY jumps, then SNDL could also see price increases.