AI Trading Robot Generates 6.72% Gain for SNDL Last Month.
This AI trading robot, available at Swing trader: Volatility Balanced Strategy (TA), was a top performer in our robot factory, generating 6.72% for SNDL over the past month.
In recent years, AI trading robots have gained popularity in the financial market due to their ability to analyze vast amounts of data and execute trades with high accuracy and speed. One such AI trading robot has been generating impressive returns for investors in the cannabis stock, SNDL.
According to its latest report, the AI trading robot generated a gain of 6.72% for SNDL in the last month. This impressive performance is attributed to the robot's ability to identify SNDL's upward trend and capitalize on it.
SNDL has been in an upward trend since it broke its lower Bollinger Band on March 08, 2023. This is a strong indication that the stock's price is expected to rise further in the near future. As the stock breaks the lower band, it may jump back above it and head towards the middle band. This presents a buying opportunity for traders who are looking to capitalize on the potential price increase.
In fact, historical data shows that in 22 of 24 cases where SNDL's price broke its lower Bollinger Band, its price rose further in the following month. This suggests that the odds of a continued upward trend are 90%. Therefore, traders who invest in SNDL now have a high probability of generating returns in the short term.
The use of AI trading robots in the financial market has been a game-changer for investors looking to capitalize on the potential gains in the stock market. SNDL's upward trend presents a lucrative opportunity for traders to invest in the stock or explore call options. With a high probability of a continued upward trend, investors can expect to generate significant returns in the near future.
SNDL saw its Stochastic Oscillator leaves the overbought zone
The Stochastic Oscillator for SNDL moved out of overbought territory on December 27, 2024. 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 44 similar instances where the indicator exited the overbought zone. In of the 44 cases the stock moved lower. This puts the odds of a downward move at .
Technical Analysis (Indicators)
Bearish Trend Analysis
The 50-day moving average for SNDL moved below the 200-day moving average on December 09, 2024. This could be a long-term bearish signal for the stock as the stock shifts to an downward trend.
Following a 3-day decline, the stock is projected to fall further. Considering past instances where SNDL 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 SNDL entered a downward trend on December 27, 2024. 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 SNDL's RSI Indicator exited the oversold zone, of 33 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 December 31, 2024. You may want to consider a long position or call options on SNDL as a result. In of 87 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 SNDL just turned positive on December 23, 2024. Looking at past instances where SNDL'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 SNDL advanced for three days, in of 197 cases, the price rose further within the following month. The odds of a continued upward trend are .
SNDL may jump back above the lower band and head toward the middle band. Traders may consider buying the stock or exploring call options.
The Tickeron Price Growth Rating for this company is (best 1 - 100 worst), indicating steady price growth. SNDL’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 (0.578) is normal, around the industry mean (3.960). P/E Ratio (3.536) is within average values for comparable stocks, (28.956). SNDL's Projected Growth (PEG Ratio) (0.000) is very low in comparison to the industry average of (2.099). SNDL has a moderately low Dividend Yield (0.000) as compared to the industry average of (0.024). P/S Ratio (0.760) is also within normal values, averaging (6.130).
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. SNDL’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 93, placing this stock worse than average.
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General Information
a producer, distributer, and seller of cannabis
Industry BeveragesAlcoholic