Go to the list of all blogs
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's RSI Oscillator recovers from overbought zone

The 10-day RSI Indicator for CENN moved out of overbought territory on February 20, 2024. This could be a sign that the stock is shifting from an upward trend to a downward trend. Traders may want to look at selling the stock or buying put options. Tickeron's A.I.dvisor looked at 22 instances where the indicator moved out of the overbought zone. In of the 22 cases the stock moved lower in the days that followed. This puts the odds of a move down at .

Price Prediction Chart

Technical Analysis (Indicators)

Bearish Trend Analysis

The Stochastic Oscillator may be shifting from an upward trend to a downward trend. In of 30 cases where CENN's Stochastic Oscillator exited the overbought zone, the price fell further within 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 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 .

CENN broke above its upper Bollinger Band on February 14, 2024. 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.

Bullish Trend Analysis

The Momentum Indicator moved above the 0 level on February 08, 2024. You may want to consider a long position or call options on CENN as a result. In of 79 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 CENN just turned positive on January 26, 2024. Looking at past instances where CENN's MACD turned positive, the stock continued to rise in of 39 cases over the following month. The odds of a continued upward trend are .

CENN moved above its 50-day moving average on February 14, 2024 date and that indicates a change from a downward trend to an upward trend.

The 10-day moving average for CENN crossed bullishly above the 50-day moving average on February 21, 2024. This indicates that the trend has shifted higher and could be considered a buy signal. In of 13 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 CENN advanced for three days, in of 169 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 63 cases where CENN Aroon's Indicator entered an Uptrend, the price rose further within the following month. The odds of a continued Uptrend are .

Fundamental Analysis (Ratings)

Fear & Greed

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 (0.311) is normal, around the industry mean (6.109). P/E Ratio (0.000) is within average values for comparable stocks, (20.255). Projected Growth (PEG Ratio) (0.000) is also within normal values, averaging (5.623). CENN has a moderately low Dividend Yield (0.000) as compared to the industry average of (0.043). P/S Ratio (2.690) is also within normal values, averaging (58.980).

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 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 83, 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 33.13B. The market cap for tickers in the group ranges from 1.06M to 611.38B. TSLA holds the highest valuation in this group at 611.38B. The lowest valued company is VLCN at 1.06M.

High and low price notable news

The average weekly price growth across all stocks in the Motor Vehicles Industry was -3%. For the same Industry, the average monthly price growth was -1%, and the average quarterly price growth was -14%. MAHMF experienced the highest price growth at 16%, while RIVN experienced the biggest fall at -38%.

Volume

The average weekly volume growth across all stocks in the Motor Vehicles Industry was -34%. For the same stocks of the Industry, the average monthly volume growth was -36% and the average quarterly volume growth was -9%

Fundamental Analysis Ratings

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

Valuation Rating: 45
P/E Growth Rating: 72
Price Growth Rating: 49
SMR Rating: 67
Profit Risk Rating: 83
Seasonality Score: -55 (-100 ... +100)
View a ticker or compare two or three
CENNDaily Signal changed days agoGain/Loss if shorted
 
Show more...
Ad is loading...
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
279
Web
https://www.cenntroauto.com
Interesting Tickers
1D
1W
1M
1Q
6M
1Y
5Y
1 Day
STOCK / NAMEPrice $Chg $Chg %
IRIX2.550.07
+2.82%
IRIDEX Corp
LNN121.762.46
+2.06%
Lindsay Corp
LINC9.740.13
+1.35%
Lincoln Educational Services Corp
RITM10.700.13
+1.28%
Rithm Capital Corp
GD273.761.43
+0.53%
General Dynamics Corp

CENN and

Correlation & Price change

A.I.dvisor indicates that over the last year, CENN has been loosely correlated with WKHS. These tickers have moved in lockstep 33% of the time. This A.I.-generated data suggests there is some statistical probability that if CENN jumps, then WKHS could also see price increases.

1D
1W
1M
1Q
6M
1Y
5Y
Ticker /
NAME
Correlation
To CENN
1D Price
Change %
CENN100%
-2.17%
WKHS - CENN
33%
Loosely correlated
+0.53%
GP - CENN
30%
Poorly correlated
-1.90%
GOEV - CENN
26%
Poorly correlated
-0.52%
PSNY - CENN
24%
Poorly correlated
-7.09%
PSNYW - CENN
24%
Poorly correlated
+1.25%
More
Ad is loading...
In the face of recent challenges in the US stock market, where major indexes have witnessed consecutive declines for three weeks running, it's no surprise that many traders find themselves grappling with disappointment and losses. However, amidst the turbulence, there's a beacon of hope for those who understand the power of strategic algorithms and their uncanny ability to turn market volatility into profit opportunities.
Discover the energy sector's recent exhilarating journey with a spotlight on the Shale Oil Group, featuring prominent tickers $XOM, $BHP, $PXD, $HES, and $FANG. Buckle up as we delve into their collective gain of +9.12% in the last month! 🚀📈 Unearth the world of shale oil production, where companies like Exxon Mobil Corp, BHP Group Limited, Pioneer Natural Resource Co, Hess Corp, and Diamondback Energy play a pivotal role. As economic shifts, geopolitical tensions, and environmental considerations sway the energy landscape, these players navigate a dynamic market.
#artificial_intelligence#latest#popular#technical_analysis
Dive into the dynamic world of Wireless Telecom as we explore the remarkable journey of Charter Communications (CHTR) with a notable gain of +2.03%. In this insightful blog, we'll navigate through the sector's landscape, uncovering the driving forces behind its recent movements. Discover the industry's giants like Comcast Corp (NASDAQ:CMCSA), Verizon Communications (NYSE:VZ), AT&T (NYSE:T), and Lumen Technologies (NYSE:LUMN), and understand how they contribute to the sector's growth. From market capitalization trends to high and low price fluctuations, we'll unravel the market dynamics that shape the wireless telecommunications arena. Join us to gain expert insights into fundamental analysis ratings, explore potential growth trajectories, and comprehend the sector's intricate seasonality score. Let's venture into the realm of Wireless Telecom and its standout player, Charter Communications, as we decode the recent +2.03% gain and its impact on this ever-evolving sector.
The Oil Refining/Marketing segment is an essential component of the energy sector. It comprises companies dedicated to refining crude oil into a spectrum of petroleum products like gasoline, diesel, and jet fuel. These entities, operating in the downstream sector of the oil business, take charge of the post-production processes of crude oil and natural gas. Their focus extends to marketing and distribution. Notably, when there's a dip in oil prices, downstream businesses might be shielded or even stand to benefit as the acquisition cost of crude oil plummets. Industry giants in the U.S. encompass Phillips 66, Marathon Petroleum Corporation, and Valero Energy Corp.
#trading
One shining example of this is the remarkable performance of AI trading robots accessible through the "Day Trader: Medium Volatility Stocks for Active Trading (TA&FA)." These AI-driven trading bots, often referred to as 'bot factories,' have showcased their prowess by generating a remarkable gain of +9.61% while trading AMD over the previous week. This accomplishment becomes even more noteworthy considering the broader market trends and the recent earnings report.
The Construction Materials Industry has been a focal point of investor attention recently, showcasing an impressive performance surge of +12.84% over the past month. This upward trajectory has sparked interest in several key stocks within the industry, including $JHX, $CRH, $EXP, $CX, $MLM, $USLM, $VMC, $BCC, $CPAC, $SUM, $TGLS, $LOMA, $RETO, $SMID, and $KNF.
Last week was challenging for the entire market, with indices experiencing a decline of around 3%. The Motor Vehicles industry saw the most significant downturn. For instance, the giant TSLA dropped by 11%, while NIO's shares plummeted by 17%. We actively trade stocks of this type in almost all of our robots due to their high volatility, and we had a good week profiting from short positions. You can receive signals in this robot: Swing Trader - Medium Volatility Stocks for Active Trading (TA/FA).
One of the most intriguing developments in recent times is the rise of AI-powered trading robots, designed to navigate complex market scenarios with remarkable precision. Among these innovative trading tools, "Trend Trader, Popular Stocks: Price Action Trading Strategy (TA&FA)" has emerged as a standout performer, demonstrating its prowess as a bot factory generating substantial gains.
The Food Retail Industry has recently witnessed a remarkable surge of +10.26% in its performance over the past month, making it a focal point for investors and analysts. This article delves into the industry's recent developments, focusing on key tickers and their trends within this sector.
Yesterday, the market closed with a modest gain, driven primarily by semiconductor sector stocks, which saw increases ranging from 1 to 7%. It's possible that today the upward momentum will be picked up by stocks from other sectors. For more signals on stocks, you can subscribe to our robots: Swing-Trader-3K-per-position-Medium-Volatility-Stocks-for-Active-Trading-TA-FA.
The inflammation industry primarily comprises biotech and pharmaceutical companies that focus on the treatment of cancer, inflammation, and other diseases related to cell proliferation. Noteworthy players in this domain include Karyopharm Therapeutics Inc., Allakos Inc., and Zymeworks.
#investment
Among these, the "Swing Trader, Popular Stocks: Short Bias Strategy (TA&FA)" AI trading robots have proven to be formidable contenders, demonstrating their prowess by achieving a commendable +7.44% gain while trading XELA over the previous week. However, the dynamics of the market are intricate, and a closer analysis is essential to comprehend the broader picture.
The Cosmetic sector has showcased a remarkable upsurge of +25.82% in its performance over the past month, marking a significant positive shift in the industry. This article delves into the key themes and notable companies within this sector, shedding light on recent price movements and volume trends.
Dive into the dynamic world of uranium stocks as we explore their recent impressive gains. 📈 Discover the driving forces behind the +9.04% surge in tickers like $CCJ, $UEC, $UUUU, and $NXE. From bullish trends to positive indicators, find out how these companies are riding the momentum and what it means for the uranium sector's future. Join us on this journey to unravel the market movements that have led to these remarkable gains and gain valuable insights into the factors shaping the industry. Whether you're an investor, a market enthusiast, or simply curious about the forces at play, this blog is your guide to understanding the fascinating dynamics of uranium's recent climb.
#latest#popular#artificial_intelligence#trading#neutral_bluish#technical_analysis#asset_allocation
The "Day Trader: Medium Volatility Stocks for Active Trading (TA&FA)" AI trading robots have recently demonstrated their prowess, operating as efficient bot factories that achieved an impressive gain of +6.99% through their active trading of NVDA over the past week. This performance raises the question: can AI-driven trading bots consistently outperform traditional methods?
The Pulp & Paper industry has been making remarkable strides, recording an impressive +5% surge in performance over the past week. This positive momentum has been underscored by several factors, showcasing a potential avenue for investors seeking growth opportunities. Within this dynamic landscape, let's delve into three important themes shaping this industry and examine the key tickers that stand out.
Diving into the world of agricultural chemicals, our latest blog sheds light on the recent market dynamics that led to a collective loss of -9.85% for prominent players like $NTR, $MOS, $CF, $CTVA, and $FMC. As an astute financial analyst, I dissect how these companies, once riding high, are navigating a challenging landscape. This blog takes you through the ups and downs of the sector, with insights into market caps, price movements, and fundamental analysis ratings. Uncover the reasons behind the sector's recent setback and explore whether a turnaround could be on the horizon. Join me as we delve into the intricate world of agricultural chemicals and discover the forces that have shaped this -9.85% group loss.
#technical_analysis#latest#popular#artificial_intelligence#trading#asset_allocation
In the dynamic world of finance, one stock stands out: USB ($35.84), the symbol of resilience in the realm of regional banks. As the RSI Indicator recently departed the oversold territory on August 22, 2023, a potential uptrend seems to be on the horizon. This shift prompts traders to consider strategic moves, from buying the stock to exploring call options.
#latest#popular#neutral_bluish#artificial_intelligence#trading#technical_analysis#asset_allocation
Yesterday, stock indices posted a growth of approximately 1.5%, potentially forming a reversal pattern. Leading this growth were shares of mineral extraction companies, which saw an average increase of 2-3%. You can check out signals for these company stocks in our robot:Swing-Trader-1-5K-per-position-Hedge-Fund-Style-Trading-TA-FA
The goods industry primarily encompasses producers and sellers of meat, fish, and dairy products. Many companies in this sector also delve into processed food sales. Key players in this domain include Tyson Foods, Inc., Sanderson Farms, and Hormel Foods.
#investment