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Abhoy Sarkar's Avatar
published in Blogs
Apr 04, 2023

AI Trading Robot Generates 11.45% Gain for CENN Last Month.

This AI trading robot, available at Swing Trader: Medium Volatility Stocks for Active Trading (TA&FA), was a top performer in our robot factory, generating 11.45% for CENN over the past month.

Artificial intelligence has been a game-changer in the world of finance and trading. The use of AI in trading has led to the development of advanced trading robots that can analyze vast amounts of data and make informed trading decisions in a matter of seconds. In this article, we will explore how an AI trading robot generated an impressive 11.45% gain for CENN last month.

The RSI Oscillator for CENN moved out of oversold territory on March 29, 2023. This is a significant event for traders as it suggests that the stock is shifting from a downward trend to an upward trend. Traders who pay close attention to technical indicators like the RSI Oscillator will likely see this as a signal to buy the stock or call options.

To confirm the validity of this signal, the AI trading robot, known as the A.I.dvisor, looked at 42 similar instances when the RSI Oscillator left oversold territory. In 38 of the 42 cases, the stock moved higher, putting the odds of a move higher at 90%. This is a compelling statistic and further strengthens the case for traders to consider buying CENN.

It's important to note that while technical analysis can be a valuable tool for traders, it's not foolproof. There are many factors that can influence stock prices, and no indicator or trading strategy is guaranteed to be successful. It's always a good idea to conduct thorough research and analysis before making any trading decisions.

In conclusion, the use of AI in trading has revolutionized the way we approach the stock market. The AI trading robot, A.I.dvisor, was able to generate an impressive 11.45% gain for CENN last month by analyzing technical indicators and making informed trading decisions. While this is an exciting development, traders should always exercise caution and do their due diligence before making any trading decisions.

Related Ticker: CENN

CENN in upward trend: price may jump up because it broke its lower Bollinger Band on May 19, 2023

CENN may jump back above the lower band and head toward the middle band. Traders may consider buying the stock or exploring call options. In of 33 cases where CENN's price broke its lower Bollinger Band, its price rose further in the following month. The odds of a continued upward trend are .

Price Prediction Chart

Technical Analysis (Indicators)

Bullish Trend Analysis

The RSI Oscillator points to a transition from a downward trend to an upward trend -- in cases where CENN's RSI Indicator exited the oversold zone, of 44 resulted in an increase in price. Tickeron's analysis proposes that the odds of a continued upward trend are .

The Stochastic Oscillator suggests the stock price trend may be in a reversal from a downward trend to an upward trend. of 63 cases where CENN'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 CENN just turned positive on June 06, 2023. Looking at past instances where CENN's MACD turned positive, the stock continued to rise in of 38 cases over the following month. The odds of a continued upward trend are .

Bearish Trend Analysis

The Momentum Indicator moved below the 0 level on May 18, 2023. You may want to consider selling the stock, shorting the stock, or exploring put options on CENN as a result. In of 85 cases where the Momentum Indicator fell below 0, the stock fell further within the subsequent 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 CENN 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 CENN entered a downward trend on June 06, 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.

Fundamental Analysis (Ratings)

Fear & Greed

The Tickeron Price Growth Rating for this company is (best 1 - 100 worst), indicating fairly steady price growth. CENN’s price grows at a lower 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 (0.344) is normal, around the industry mean (9.675). P/E Ratio (0.000) is within average values for comparable stocks, (96.296). Projected Growth (PEG Ratio) (0.000) is also within normal values, averaging (5.911). CENN has a moderately low Dividend Yield (0.000) as compared to the industry average of (0.040). P/S Ratio (7.353) is also within normal values, averaging (73.737).

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. CENN’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 89, placing this stock worse than average.

Notable companies

The most notable companies in this group are Tesla (NASDAQ:TSLA), Ford Motor Company (NYSE:F), General Motors Company (NYSE:GM), NIO Inc. (NYSE:NIO).

Industry description

Automobiles continue to be arguably the most popular form of passenger travel in the U.S., and major automobile makers have revenues and market capitalizations running into multi-billions. In recent years, the industry has been experiencing some path-breaking innovations like electric vehicles and self-driving technology. While there are long-standing companies like General Motors, Ford, and Toyota Motors operating in this space, there are also emerging/rapidly growing players like Tesla – which has had a major role in the growing popularity of the electric vehicle market. With technological advancements taking steam in the auto space, we’ve also witnessed collaborations (or talks of potential partnerships) of carmakers with tech behemoths like Google’s subsidiary, Waymo.

Market Cap

The average market capitalization across the Motor Vehicles Industry is 29.15B. The market cap for tickers in the group ranges from 2.87M to 678.18B. TSLA holds the highest valuation in this group at 678.18B. The lowest valued company is NVYAF at 2.87M.

High and low price notable news

The average weekly price growth across all stocks in the Motor Vehicles Industry was 2%. For the same Industry, the average monthly price growth was 1%, and the average quarterly price growth was -7%. FFIE experienced the highest price growth at 43%, while MULN experienced the biggest fall at -20%.

Volume

The average weekly volume growth across all stocks in the Motor Vehicles Industry was -35%. For the same stocks of the Industry, the average monthly volume growth was -11% and the average quarterly volume growth was 15%

Fundamental Analysis Ratings

The average fundamental analysis ratings, where 1 is best and 100 is worst, are as follows

Valuation Rating: 48
P/E Growth Rating: 68
Price Growth Rating: 49
SMR Rating: 67
Profit Risk Rating: 88
Seasonality Score: -12 (-100 ... +100)
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Technical Analysis# Of IndicatorsAvg. Odds
   
   
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A.I.Advisor
published price charts
A.I. Advisor
published General Information

General Information

a manufacturer of intimate apparel and swimwear

Industry MotorVehicles

Profile
Fundamentals
Details
Industry
Apparel Or Footwear
Address
501 Okerson Road
Phone
+1 732 820-6757
Employees
213
Web
https://www.cenntroauto.com
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CENN and

Correlation & Price change

A.I.dvisor indicates that over the last year, CENN has been loosely correlated with LCID. These tickers have moved in lockstep 44% of the time. This A.I.-generated data suggests there is some statistical probability that if CENN jumps, then LCID could also see price increases.

1D
1W
1M
1Q
6M
1Y
5Y
Ticker /
NAME
Correlation
To CENN
1D Price
Change %
CENN100%
+0.83%
LCID - CENN
44%
Loosely correlated
+4.70%
TSLA - CENN
40%
Loosely correlated
+1.70%
NIO - CENN
37%
Loosely correlated
+2.61%
WKHS - CENN
36%
Loosely correlated
+4.46%
RIVN - CENN
35%
Loosely correlated
+1.12%
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