AI Trading Robot Generates 34.37% Growth for GME in Last 6 Months
The best AI trading robot in our robot factory, Swing trader: Downtrend Protection v.2 (TA) generated a return of 34.37% for GME during the past 6 months.
In the highly dynamic and fast-paced world of stock trading, the emergence of AI-powered trading robots has transformed the landscape. These intelligent machines utilize complex algorithms and machine learning techniques to analyze market data, predict trends, and execute trades. In a striking display of this technological marvel, an AI trading robot has recorded a growth of 34.37% for GameStop Corporation (GME) over the past six months.
Aroon Indicator Points to Bullish Trend for GME
The Aroon Indicator, a popular technical analysis tool that measures the strength of a trend and the potential for its continuation, suggests an upcoming bullish trend for GME. As of June 02, 2023, the AroonUp (green line) exceeded 70, while the AroonDown (red line) dipped below 30. This divergence between the AroonUp and AroonDown typically signifies an upcoming bullish move, indicating the potential for a continued rise in the value of GME shares.
The Aroon Indicator's positive signal was confirmed by Tickeron's AI advisor, which detected this bullish trend and indicated that traders may want to consider buying the stock or investing in call options. This advice is based on historical data analysis; when the Aroon Indicator has shown a similar pattern in the past, the stock's value has risen in 86% of cases. Specifically, out of 156 similar instances, the stock moved higher in 134 cases. This impressive historical performance lends credibility to the prediction of a potential increase in GME's stock price.
Examining the 34.37% Growth
Over the past six months, the AI trading robot's performance with GME has been nothing short of exceptional, generating a growth of 34.37%. This figure indicates the robot's efficacy in accurately predicting market trends and making profitable investment decisions. It also illustrates the potential of AI in enhancing trading strategies, enabling investors to capitalize on market trends more efficiently than manual trading.
The AI trading robot's performance reflects its ability to utilize the Aroon Indicator, among other technical analysis tools, to analyze market trends and execute profitable trades. The machine's predictive algorithms and learning models have provided it with an edge, enabling it to make timely and strategic trading decisions that align with market trends and investor sentiment.
The AI trading robot's performance over the past six months underscores the transformative potential of AI in the stock trading industry. With an impressive 34.37% growth rate for GME and a potential bullish trend signaled by the Aroon Indicator, it is evident that AI technologies are poised to reshape the way investors approach stock trading. These advancements promise to enhance trading strategies, streamline operations, and potentially maximize returns on investment.
GME sees its 50-day moving average cross bearishly below its 200-day moving average
The 50-day moving average for GME moved below the 200-day moving average on August 30, 2023. This could be a long-term bearish signal for the stock as the stock shifts to an downward trend.
Technical Analysis (Indicators)
Bearish Trend Analysis
The Momentum Indicator moved below the 0 level on September 11, 2023. You may want to consider selling the stock, shorting the stock, or exploring put options on GME as a result. In of 81 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 GME 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 GME entered a downward trend on September 05, 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 points to a transition from a downward trend to an upward trend -- in cases where GME's RSI Indicator exited the oversold zone, of 42 resulted in an increase in price. Tickeron's analysis proposes that the odds of a continued upward trend are .
The Stochastic Oscillator demonstrated that the ticker has stayed in the oversold zone for 2 days, which means it's wise to expect a price bounce in the near future.
The Moving Average Convergence Divergence (MACD) for GME just turned positive on August 30, 2023. Looking at past instances where GME's MACD turned positive, the stock continued to rise in of 43 cases 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 GME advanced for three days, in of 264 cases, the price rose further within the following month. The odds of a continued upward trend are .
GME 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 PE Growth Rating for this company is (best 1 - 100 worst), pointing to outstanding 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 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 Price Growth Rating for this company is (best 1 - 100 worst), indicating fairly steady price growth. GME’s price grows at a lower rate over the last 12 months as compared to 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. GME’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 78, placing this stock better than average.
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 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 (4.139) is normal, around the industry mean (12.170). P/E Ratio (0.000) is within average values for comparable stocks, (24.639). Projected Growth (PEG Ratio) (0.000) is also within normal values, averaging (2.668). GME has a moderately low Dividend Yield (0.000) as compared to the industry average of (0.036). P/S Ratio (0.900) is also within normal values, averaging (82.429).
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
a retaier of video game products and PC entertainment software
Industry SpecialtyStores
| 1 Day | |||
|---|---|---|---|
| ETFs / NAME | Price $ | Chg $ | Chg % |
| QVMS | 21.81 | 0.11 | +0.52% |
| Invesco S&P SmallCp 600 QVM Mlt-fctr ETF | |||
| SPSM | 36.89 | 0.17 | +0.46% |
| SPDR® Portfolio S&P 600 Sm Cap ETF | |||
| ESMV | 23.37 | 0.03 | +0.13% |
| iShares ESG MSCI USA Min Vol Factor ETF | |||
| EMGF | 41.29 | -0.13 | -0.31% |
| iShares Em Mkts Eq Fac ETF | |||
| EMXF | 34.28 | -0.14 | -0.41% |
| iShares ESG Advanced MSCI EM ETF | |||
GME and
Correlation & Price change
A.I.dvisor indicates that over the last year, GME has been loosely correlated with CHPT. These tickers have moved in lockstep 46% of the time. This A.I.-generated data suggests there is some statistical probability that if GME jumps, then CHPT could also see price increases.
| Ticker / NAME | Correlation To GME | 1D Price Change % | ||
|---|---|---|---|---|
| GME | 100% | +2.85% | ||
| CHPT - GME | 46% Loosely correlated | -1.99% | ||
| CPRT - GME | 45% Loosely correlated | +0.49% | ||
| CONN - GME | 39% Loosely correlated | -0.77% | ||
| FND - GME | 39% Loosely correlated | +1.62% | ||
| HNST - GME | 39% Loosely correlated | -1.57% | ||
More | ||||