The world of finance is constantly evolving, and with the rise of artificial intelligence (AI), the game has changed significantly. The use of AI in trading has been gaining popularity in recent years, and for good reason - AI has the ability to analyze vast amounts of data at lightning speed, identifying patterns and trends that would be impossible for a human to detect. This is where Day Trader's TA&FA AI trading robot comes in, which recently generated a remarkable +13% return for General Electric (GE) over the past month.
The Day Trader AI trading robot uses a combination of technical analysis (TA) and fundamental analysis (FA) to identify trading opportunities. Technical analysis involves using historical price and volume data to identify patterns and trends in the market. This information is used to predict future price movements and identify potential entry and exit points. Fundamental analysis, on the other hand, involves analyzing a company's financial and economic data to determine its true value. This information is used to make informed investment decisions.
The Day Trader AI trading robot uses both of these techniques to make trading decisions. It analyzes vast amounts of data to identify patterns and trends and then uses fundamental analysis to determine the true value of a company. In the case of GE, the robot was able to identify a trading opportunity based on the company's financial data and recent price movements. This allowed the robot to make a profitable trade, generating a +13% return for the month.
While no trading system is perfect, the use of AI has the potential to revolutionize the way we approach investing. The Day Trader AI trading robot is just one example of how AI can be used to generate profits in the financial markets. As the technology continues to evolve, we can expect to see even more sophisticated AI systems that can identify trading opportunities with even greater accuracy. For investors looking to stay ahead of the curve, keeping an eye on the latest developments in AI trading is essential.
GE saw its Momentum Indicator move above the 0 level on May 17, 2023. 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 85 similar instances where the indicator turned positive. In of the 85 cases, the stock moved higher in the following days. The odds of a move higher are at .
Following a 3-day Advance, the price is estimated to grow further. Considering data from situations where GE advanced for three days, in of 290 cases, the price rose further within the following month. The odds of a continued upward trend are .
The Aroon Indicator entered an Uptrend today. In of 265 cases where GE Aroon's Indicator entered an Uptrend, the price rose further within the following month. The odds of a continued Uptrend are .
The 10-day RSI Indicator for GE moved out of overbought territory on April 25, 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 31 similar instances where the indicator moved out of overbought territory. In of the 31 cases, the stock moved lower in the following days. This puts the odds of a move lower at .
The Stochastic Oscillator may be shifting from an upward trend to a downward trend. In of 55 cases where GE's Stochastic Oscillator exited the overbought zone, the price fell further within the following month. The odds of a continued downward trend are .
The Moving Average Convergence Divergence Histogram (MACD) for GE turned negative on May 23, 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 42 similar instances when the indicator turned negative. In of the 42 cases the stock turned lower in the days that followed. This puts the odds of success at .
Following a 3-day decline, the stock is projected to fall further. Considering past instances where GE declined for three days, the price rose further in of 62 cases within the following month. The odds of a continued downward trend are .
GE broke above its upper Bollinger Band on May 17, 2023. This could be a sign that the stock is set to drop as the stock moves back below the upper band and toward the middle band. You may want to consider selling the stock or exploring put options.
The Tickeron Price Growth Rating for this company is (best 1 - 100 worst), indicating outstanding price growth. GE’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 low risk on high returns. The average Profit vs. Risk Rating rating for the industry is 77, placing this stock better than average.
The Tickeron SMR rating for this company is (best 1 - 100 worst), indicating strong sales and a profitable 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 Seasonality Score of (best 1 - 100 worst) indicates that the company is fair valued in the industry. The Tickeron Seasonality score describes the variance of predictable price changes around the same period every calendar year. These changes can be tied to a specific month, quarter, holiday or vacation period, as well as a meteorological or growing season.
The Tickeron Valuation Rating of (best 1 - 100 worst) indicates that the company is significantly 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 (3.535) is normal, around the industry mean (4.679). P/E Ratio (14.164) is within average values for comparable stocks, (44.032). Projected Growth (PEG Ratio) (3.255) is also within normal values, averaging (2.091). GE has a moderately low Dividend Yield (0.003) as compared to the industry average of (0.021). P/S Ratio (1.436) is also within normal values, averaging (11.773).
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 average fundamental analysis ratings, where 1 is best and 100 is worst, are as follows