AI Trading Robot Generates 5,07 % GAIN for CENN Last Week
This AI trading robot in our robot factory, Swing trader: Deep Trend Analysis v.2 (TA) generated a return of 5,07% for CENN during the last week.
Artificial intelligence (AI) has revolutionized the way we approach trading. With the help of machine learning algorithms, traders can analyze vast amounts of data and make better-informed decisions. Recently, an AI trading robot generated a 5.07% gain for CENN in just one week. This impressive performance highlights the potential of AI trading systems to generate significant profits for investors.
However, before investing in CENN, it is essential to consider the stock's earning results and technical indicators. According to recent data, CENN has been moving lower for three straight days, which is generally viewed as a bearish sign. This downward trend suggests that the stock may experience future declines.
Moreover, historical data indicates that when CENN has declined for three consecutive days, in 392 of 415 cases, the price declined further within the following month. The odds of a continued downward trend are approximately 90%.
As a technical analyst, it is crucial to consider both the positive gains generated by the AI trading robot and the potential risks associated with the stock's downward trend. While the AI trading robot may have generated significant profits for CENN in the short term, the long-term outlook remains uncertain.
Therefore, investors should proceed with caution when considering investing in CENN. It is essential to conduct thorough research, analyze technical indicators, and consider potential risks before making any investment decisions.
In conclusion, while AI trading systems have the potential to generate significant profits for investors, it is essential to consider all factors before making investment decisions. With the current downward trend in CENN, investors should proceed with caution and consider the potential risks associated with investing in this stock.
CENN saw its Stochastic Oscillator recovers from the overbought zone
The Stochastic Oscillator for CENN moved out of overbought territory on September 22, 2023. This could be a bearish sign for the stock and investors may want to consider selling or taking a defensive position. A.I.dvisor looked at 25 similar instances where the indicator exited the overbought zone. In of the 25 cases the stock moved lower. This puts the odds of a downward move at .
Technical Analysis (Indicators)
Bearish Trend Analysis
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 September 20, 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 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 42 resulted in an increase in price. Tickeron's analysis proposes that the odds of a continued upward trend are .
The Momentum Indicator moved above the 0 level on September 19, 2023. You may want to consider a long position or call options on CENN as a result. In of 85 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 September 13, 2023. Looking at past instances where CENN's MACD turned positive, the stock continued to rise in of 36 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 CENN advanced for three days, in of 166 cases, the price rose further within the following month. The odds of a continued upward trend are .
CENN 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 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 (0.517) is normal, around the industry mean (6.743). P/E Ratio (0.000) is within average values for comparable stocks, (20.678). Projected Growth (PEG Ratio) (0.000) is also within normal values, averaging (5.666). CENN has a moderately low Dividend Yield (0.000) as compared to the industry average of (0.040). P/S Ratio (6.536) is also within normal values, averaging (52.056).
The Tickeron Price Growth Rating for this company is (best 1 - 100 worst), indicating slightly worse than average 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 86, 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
a manufacturer of intimate apparel and swimwear
Industry MotorVehicles
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 40% 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.
| Ticker / NAME | Correlation To CENN | 1D Price Change % | ||
|---|---|---|---|---|
| CENN | 100% | -4.08% | ||
| LCID - CENN | 40% Loosely correlated | -1.16% | ||
| WKHS - CENN | 39% Loosely correlated | -9.06% | ||
| RIVN - CENN | 38% Loosely correlated | -4.37% | ||
| TSLA - CENN | 36% Loosely correlated | -4.23% | ||
| FSR - CENN | 35% Loosely correlated | -5.85% | ||
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