AI Trading Robot Generates 10.11% Profit for TSLA in Previous Week
AI trading robot Trend Trader ($1.5K per position): Popular Stocks (TA&FA), generating a 10.11% gain for TSLA over the course of the previous week.
In the world of finance and investment, the use of artificial intelligence (AI) has become increasingly popular. One such AI trading robot, Trend Trader, has been making waves in the industry with its ability to generate gains for investors. In fact, over the previous week, Trend Trader was able to generate a 10.11% gain for TSLA, a popular stock in the market.
Technical analysis (TA) and fundamental analysis (FA) are two methods that Trend Trader uses to analyze the market and make investment decisions. TA is a method of evaluating securities by analyzing statistics generated by market activity, such as past prices and volume. On the other hand, FA is a method of evaluating securities by analyzing the financial and economic conditions that affect them, such as revenues and earnings.
One of the key factors that Trend Trader considers when making investment decisions is the trend of the stock price. According to recent data, TSLA has been moving lower for three straight days. This is viewed as a bearish sign in the market, and investors should keep an eye on the stock for future declines.
Furthermore, the historical data shows that when TSLA declined for three days, in 211 out of 271 cases, the price continued to decline further within the following month. This means that the odds of a continued downward trend are around 78%.
However, it is important to note that past performance does not guarantee future results. While Trend Trader has been successful in generating gains for investors, there are always risks involved in investing in the stock market. Therefore, investors should do their own research and analysis before making any investment decisions.
Aroon Indicator for TSLA shows an upward move is likely
TSLA's Aroon Indicator triggered a bullish signal on May 30, 2023. Tickeron's A.I.dvisor detected that the AroonUp green line is above 70 while the AroonDown red line is below 30. When the up indicator moves above 70 and the down indicator remains below 30, it is a sign that the stock could be setting up for a bullish move. Traders may want to buy the stock or look to buy calls options. A.I.dvisor looked at 295 similar instances where the Aroon Indicator showed a similar pattern. In of the 295 cases, the stock moved higher in the days that followed. This puts the odds of a move higher at .
Technical Analysis (Indicators)
Bullish Trend Analysis
The Momentum Indicator moved above the 0 level on May 05, 2023. You may want to consider a long position or call options on TSLA as a result. In of 76 past instances where the momentum indicator moved above 0, the stock continued to climb. The odds of a continued upward trend are .
The Moving Average Convergence Divergence (MACD) for TSLA just turned positive on May 05, 2023. Looking at past instances where TSLA's MACD turned positive, the stock continued to rise in of 47 cases over the following month. The odds of a continued upward trend are .
TSLA moved above its 50-day moving average on May 19, 2023 date and that indicates a change from a downward trend to an upward trend.
The 10-day moving average for TSLA crossed bullishly above the 50-day moving average on May 26, 2023. This indicates that the trend has shifted higher and could be considered a buy signal. In of 11 past instances when the 10-day crossed above the 50-day, the stock continued to move higher over the following month. The odds of a continued upward trend are .
Following a 3-day Advance, the price is estimated to grow further. Considering data from situations where TSLA advanced for three days, in of 335 cases, the price rose further within the following month. The odds of a continued upward trend are .
Bearish Trend Analysis
The RSI Indicator has been in the overbought zone for 1 day. Expect a price pull-back in the near future.
The Stochastic Oscillator demonstrated that the ticker has stayed in the overbought zone for 7 days. The longer the ticker stays in the overbought zone, the sooner a price pull-back is expected.
Following a 3-day decline, the stock is projected to fall further. Considering past instances where TSLA declined for three days, the price rose further in of 62 cases within the following month. The odds of a continued downward trend are .
TSLA broke above its upper Bollinger Band on May 30, 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.
Fundamental Analysis (Ratings)
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 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 89, placing this stock slightly better than average.
The Tickeron Price Growth Rating for this company is (best 1 - 100 worst), indicating steady price growth. TSLA’s price grows at a higher rate over the last 12 months as compared to S&P 500 index constituents.
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 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 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 (13.263) is normal, around the industry mean (9.572). P/E Ratio (59.172) is within average values for comparable stocks, (95.986). Projected Growth (PEG Ratio) (2.224) is also within normal values, averaging (5.867). TSLA has a moderately low Dividend Yield (0.000) as compared to the industry average of (0.041). P/S Ratio (8.123) is also within normal values, averaging (73.631).
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High and low price notable news
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Fundamental Analysis Ratings
The average fundamental analysis ratings, where 1 is best and 100 is worst, are as follows
General Information
a manufacturer of electric sports cars
Industry MotorVehicles
TSLA and
Correlation & Price change
A.I.dvisor indicates that over the last year, TSLA has been loosely correlated with RIVN. These tickers have moved in lockstep 64% of the time. This A.I.-generated data suggests there is some statistical probability that if TSLA jumps, then RIVN could also see price increases.
| Ticker / NAME | Correlation To TSLA | 1D Price Change % | ||
|---|---|---|---|---|
| TSLA | 100% | +4.14% | ||
| RIVN - TSLA | 64% Loosely correlated | -1.78% | ||
| LCID - TSLA | 63% Loosely correlated | -2.03% | ||
| RACE - TSLA | 57% Loosely correlated | -1.17% | ||
| GM - TSLA | 56% Loosely correlated | +0.21% | ||
| NIO - TSLA | 52% Loosely correlated | -3.77% | ||
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