AI Trading Robot Generates 5% Return in the First Quarter for WAL
Tickeron's AI trading robot has generated a return of 5% for WAL in the first quarter. The RSI Oscillator indicates a potential transition from a downward to an upward trend, with 21 out of 27 instances resulting in a price increase when the RSI Indicator exits the oversold zone. The Stochastic Oscillator suggests a potential reversal from a downward to an upward trend, with 34 out of 57 instances resulting in a price increase when the Stochastic Oscillator exits the oversold zone. Tickeron's analysis shows that the odds of a continued upward trend are 78% and 60%, respectively. Traders may consider buying WAL stock or call options as the stock may jump back above the lower band and head towards the middle band.
For swing traders who prefer to open long positions and trade undervalued stocks during an uptrend in a business or price cycle, Tickeron's AI robot provides a Swing Trader, Long Only: Valuation & Seasonality Model (TA&FA). Based on Benjamin Graham's classic approach to assessing a company and improved with Tickeron's proprietary Seasonality Score indicator, the algorithm looks for undervalued stocks of companies with an uptrend in the price cycle. The robot opens only long positions, with a maximum of 35 open positions and an average trading duration of 8 days. The trading results are shown without using a margin, and the robot places a fixed stop of 15% of the entry price of the position to prevent large losses in the event of a sharp change in market conditions. The robot's trading statistics and equity chart can be viewed by clicking on the "show more" button on the robot page.
WAL's MACD Histogram just turned positive
The Moving Average Convergence Divergence (MACD) for WAL turned positive on May 15, 2023. Looking at past instances where WAL's MACD turned positive, the stock continued to rise in of 41 cases over the following month. The odds of a continued upward trend are .
Technical Analysis (Indicators)
Bullish Trend Analysis
The RSI Indicator points to a transition from a downward trend to an upward trend -- in cases where WAL's RSI Oscillator exited the oversold zone, of 27 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 May 16, 2023. You may want to consider a long position or call options on WAL as a result. In of 81 past instances where the momentum indicator moved above 0, the stock continued to climb. The odds of a continued upward trend are .
WAL moved above its 50-day moving average on May 17, 2023 date and that indicates a change from a downward trend to an upward trend.
The 10-day moving average for WAL crossed bullishly above the 50-day moving average on May 24, 2023. This indicates that the trend has shifted higher and could be considered a buy signal. In of 18 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 +1 3-day Advance, the price is estimated to grow further. Considering data from situations where WAL advanced for three days, in of 307 cases, the price rose further within the following month. The odds of a continued upward trend are .
WAL may jump back above the lower band and head toward the middle band. Traders may consider buying the stock or exploring call options.
Bearish Trend Analysis
The Stochastic Oscillator may be shifting from an upward trend to a downward trend. In of 55 cases where WAL'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 WAL declined for three days, the price rose further in of 62 cases within the following month. The odds of a continued downward trend are .
Fundamental Analysis (Ratings)
The Tickeron SMR rating for this company is (best 1 - 100 worst), indicating very strong sales and a profitable 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 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 (0.736) is normal, around the industry mean (0.944). P/E Ratio (4.010) is within average values for comparable stocks, (14.765). Projected Growth (PEG Ratio) (0.000) is also within normal values, averaging (2.182). Dividend Yield (0.041) settles around the average of (0.049) among similar stocks. P/S Ratio (1.721) is also within normal values, averaging (2.375).
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 slightly worse than average price growth. WAL’s price grows at a lower rate over the last 12 months as compared to S&P 500 index constituents.
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. WAL’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 85, 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 regional bank
Industry RegionalBanks
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WAL and
Correlation & Price change
A.I.dvisor indicates that over the last year, WAL has been closely correlated with CMA. These tickers have moved in lockstep 83% of the time. This A.I.-generated data suggests there is a high statistical probability that if WAL jumps, then CMA could also see price increases.
| Ticker / NAME | Correlation To WAL | 1D Price Change % | ||
|---|---|---|---|---|
| WAL | 100% | -1.10% | ||
| CMA - WAL | 83% Closely correlated | -3.59% | ||
| ZION - WAL | 82% Closely correlated | +0.87% | ||
| PACW - WAL | 80% Closely correlated | -3.94% | ||
| KEY - WAL | 79% Closely correlated | +0.40% | ||
| FHN - WAL | 76% Closely correlated | -0.64% | ||
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