AI Trading Robot Generates 10.6% Gains for TDOC, with Potential for Further Growth
As a financial analytics and trader, I am thrilled to report on the recent success of an AI trading robot that produced gains of 10.6% for TDOC. This is a clear indication of the power of AI-driven trading, and it highlights the potential for investors to leverage machine learning algorithms to make more informed investment decisions.
Following the impressive 3-day advance of TDOC, the robot has estimated that the price will continue to grow further. This prediction is based on data from similar situations in the past, where TDOC has advanced for three days. In 266 out of 332 cases, the price has risen further within the following month. This means that the odds of a continued upward trend for TDOC are 80%.
It is essential to understand that this prediction is not a guarantee of future success, as past performance is not always indicative of future results. However, it is an encouraging sign that the AI trading robot is making accurate predictions based on data analysis.
Investors should also exercise caution and perform their due diligence when making investment decisions. While AI algorithms can be powerful tools, they should not be relied upon exclusively. Human oversight is crucial to ensure that investment strategies align with investors' goals and risk tolerance levels.
TDOC sees MACD Histogram crosses below signal line
TDOC saw its Moving Average Convergence Divergence Histogram (MACD) turn negative on September 14, 2023. This is a bearish signal that suggests the stock could decline going forward. Tickeron's A.I.dvisor looked at 50 instances where the indicator turned negative. In of the 50 cases the stock moved lower in the days that followed. This puts the odds of a downward move at .
Technical Analysis (Indicators)
Bearish Trend Analysis
The Momentum Indicator moved below the 0 level on September 13, 2023. You may want to consider selling the stock, shorting the stock, or exploring put options on TDOC as a result. In of 92 cases where the Momentum Indicator fell below 0, the stock fell further within the subsequent month. The odds of a continued downward trend are .
The 10-day moving average for TDOC crossed bearishly below the 50-day moving average on August 16, 2023. This indicates that the trend has shifted lower and could be considered a sell signal. In of 15 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 TDOC 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 TDOC entered a downward trend on September 22, 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 RSI Indicator shows that the ticker has stayed in the oversold zone for 5 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 Uptrend is expected.
The Stochastic Oscillator shows that the ticker has stayed in the oversold zone for 6 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.
Following a 3-day Advance, the price is estimated to grow further. Considering data from situations where TDOC advanced for three days, in of 305 cases, the price rose further within the following month. The odds of a continued upward trend are .
TDOC 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 (1.388) is normal, around the industry mean (21.026). P/E Ratio (0.000) is within average values for comparable stocks, (152.571). Projected Growth (PEG Ratio) (0.000) is also within normal values, averaging (2.632). Dividend Yield (0.000) settles around the average of (0.088) among similar stocks. P/S Ratio (1.242) is also within normal values, averaging (74.029).
The Tickeron Price Growth Rating for this company is (best 1 - 100 worst), indicating slightly worse than average price growth. TDOC’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. TDOC’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 90, placing this stock worse than average.
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High and low price notable news
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Fundamental Analysis Ratings
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General Information
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TDOC and
Correlation & Price change
A.I.dvisor indicates that over the last year, TDOC has been closely correlated with SHOP. These tickers have moved in lockstep 67% of the time. This A.I.-generated data suggests there is a high statistical probability that if TDOC jumps, then SHOP could also see price increases.
| Ticker / NAME | Correlation To TDOC | 1D Price Change % | ||
|---|---|---|---|---|
| TDOC | 100% | -2.74% | ||
| SHOP - TDOC | 67% Closely correlated | -1.15% | ||
| AFRM - TDOC | 65% Loosely correlated | -5.04% | ||
| U - TDOC | 65% Loosely correlated | -0.38% | ||
| AMWL - TDOC | 64% Loosely correlated | N/A | ||
| SNOW - TDOC | 63% Loosely correlated | +0.45% | ||
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