AI Trading Robot Generates 3.93% GAIN for CCL Last Week
In the world of high-speed finance and stock trading, every percent counts. Recently, AI Trading Robot helped Carnival Corp. (CCL) notch a 3.93% gain last week, standing as a testament to the increasing influence of Artificial Intelligence (AI) in finance.
Key Trading Signal
This gain came as a result of a significant bullish signal observed on May 10, 2023. On this date, the 10-day moving average (MA) for CCL crossed above its 50-day MA. This crossover is often considered a bullish signal as it signifies that the stock’s short-term momentum is accelerating relative to its long-term trend, indicating that the stock’s trend has shifted higher.
Historical Data: Support for a Bullish Trend
Past data from the 17 instances where the 10-day MA crossed above the 50-day MA showed that the stock continued to move higher in the following month in 13 instances. This equates to a probability of around 76%, showing strong historical evidence of this pattern indicating a continued upward trend. This bullish trend can be used as a strong indicator for future trading strategies.
How the AI Trading Robot Exploited the Signal
The AI Trading Robot, trained on vast amounts of historical data, was able to accurately predict and exploit this bullish trend. By buying into CCL when the 10-day MA crossed above the 50-day MA, the robot took advantage of the stock's upward momentum, resulting in a 3.93% gain last week.
The Power of AI in Stock Trading
AI's ability to sift through vast amounts of data, identify patterns, and make decisions at a speed and accuracy level far beyond human capability gives it a significant edge in stock trading. In the case of CCL, the AI Trading Robot identified a crucial bullish signal and used it to secure a significant gain.
The recent gain of 3.93% in CCL stock, facilitated by the AI Trading Robot, is a striking example of the significant role AI can play in finance and trading. With its ability to analyze vast data sets and identify trends faster and more accurately than humans, AI promises to revolutionize the world of stock trading.
It's crucial to note that while AI trading strategies offer significant potential, they also come with their own set of risks. Markets are dynamic and can be influenced by many factors, including those that historical data cannot predict. Therefore, investors should use a diversified approach when utilizing AI in their investment strategies.
CCL in -4.10% downward trend, declining for three consecutive days on September 22, 2023
Moving lower for three straight days is viewed as a bearish sign. Keep an eye on this stock for future declines. Considering data from situations where CCL declined for three days, in of 327 cases, the price declined further within the following month. The odds of a continued downward trend are .
Technical Analysis (Indicators)
Bearish Trend Analysis
The Momentum Indicator moved below the 0 level on September 05, 2023. You may want to consider selling the stock, shorting the stock, or exploring put options on CCL as a result. In of 75 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 Moving Average Convergence Divergence Histogram (MACD) for CCL turned negative on September 20, 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 39 similar instances when the indicator turned negative. In of the 39 cases the stock turned lower in the days that followed. This puts the odds of success at .
The 10-day moving average for CCL crossed bearishly below the 50-day moving average on August 17, 2023. This indicates that the trend has shifted lower and could be considered a sell signal. In of 16 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 .
The Aroon Indicator for CCL 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 demonstrates that the ticker has stayed in the oversold zone for 1 day, which means it's wise to expect a price bounce in the near future.
The Stochastic Oscillator shows that the ticker has stayed in the oversold zone for 3 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.
CCL 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 Price Growth Rating for this company is (best 1 - 100 worst), indicating steady price growth. CCL’s price grows at a higher 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 slightly 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 (3.129) is normal, around the industry mean (21.172). P/E Ratio (0.000) is within average values for comparable stocks, (54.808). CCL's Projected Growth (PEG Ratio) (0.000) is slightly lower than the industry average of (1.139). Dividend Yield (0.000) settles around the average of (0.032) among similar stocks. P/S Ratio (0.997) is also within normal values, averaging (27.838).
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 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 Profit vs. Risk Rating rating for this company is (best 1 - 100 worst), indicating that the returns do not compensate for the risks. CCL’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 91, placing this stock worse than average.
Notable companies
Industry description
Market Cap
High and low price notable news
Volume
Fundamental Analysis Ratings
The average fundamental analysis ratings, where 1 is best and 100 is worst, are as follows
General Information
an operator of luxury cruises ships
Industry OtherConsumerServices
CCL and
Correlation & Price change
A.I.dvisor indicates that over the last year, CCL has been closely correlated with NCLH. These tickers have moved in lockstep 85% of the time. This A.I.-generated data suggests there is a high statistical probability that if CCL jumps, then NCLH could also see price increases.
| Ticker / NAME | Correlation To CCL | 1D Price Change % | ||
|---|---|---|---|---|
| CCL | 100% | -2.77% | ||
| NCLH - CCL | 85% Closely correlated | -7.45% | ||
| RCL - CCL | 81% Closely correlated | -3.27% | ||
| LIND - CCL | 55% Loosely correlated | -6.52% | ||
| TNL - CCL | 54% Loosely correlated | -0.49% | ||
| EXPE - CCL | 51% Loosely correlated | -1.07% | ||
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