This AI trading bot, which can be found at Day Trader: Medium Volatility Stocks for Active Trading (TA&FA), was a high performer in our robot factory, generating 7.02% for ROKU over the course of the previous week.
Artificial intelligence has been making waves in the financial industry for a while now. One area where AI has made significant strides is in the field of trading, where AI-powered robots are now able to make trades autonomously, based on complex algorithms and data analysis. One such robot is Tickeron's A.I.dvisor, which has generated a gain of 7.02% for ROKU last week.
ROKU saw its Momentum Indicator move above the 0 level on April 06, 2023, indicating that the stock could be shifting into a new upward move. This is an important technical indicator that traders often use to identify potential trading opportunities. Traders may want to consider buying the stock or buying call options based on this signal.
To confirm the signal, Tickeron's A.I.dvisor looked at 84 similar instances where the indicator turned positive. In 72 of the 84 cases, the stock moved higher in the following days, resulting in an 86% chance of a move higher. Based on this analysis, Tickeron's A.I.dvisor generated a gain of 7.02% for ROKU last week, proving the effectiveness of AI-powered trading robots.
The success of AI-powered trading robots like Tickeron's A.I.dvisor lies in their ability to analyze vast amounts of data and identify patterns that human traders may not be able to discern. By taking emotions out of the equation and relying solely on data-driven analysis, these robots can make trades based on cold, hard facts, resulting in more profitable trades.
However, it's worth noting that AI-powered trading robots are not infallible, and there is always a degree of risk involved in trading. As with any investment, it's important to do your own research and exercise caution when making trades.
Tickeron's A.I.dvisor has demonstrated the power of AI in trading by generating a gain of 7.02% for ROKU last week. As AI continues to evolve and improve, we can expect to see more and more traders turn to AI-powered trading robots to help them make profitable trades.
The RSI Indicator for ROKU moved out of oversold territory on May 05, 2023. This could be a sign that the stock is shifting from a downward trend to an upward trend. Traders may want to buy the stock or call options. The A.I.dvisor looked at 28 similar instances when the indicator left oversold territory. In of the 28 cases the stock moved higher. This puts the odds of a move higher at .
The Momentum Indicator moved above the 0 level on May 26, 2023. You may want to consider a long position or call options on ROKU as a result. In of 86 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 ROKU just turned positive on May 22, 2023. Looking at past instances where ROKU's MACD turned positive, the stock continued to rise in of 47 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 ROKU advanced for three days, in of 311 cases, the price rose further within the following month. The odds of a continued upward trend are .
ROKU may jump back above the lower band and head toward the middle band. Traders may consider buying the stock or exploring call options.
The Stochastic Oscillator may be shifting from an upward trend to a downward trend. In of 62 cases where ROKU's Stochastic Oscillator exited the overbought zone, the price fell further within the following month. The odds of a continued downward trend are .
The 10-day moving average for ROKU crossed bearishly below the 50-day moving average on April 20, 2023. This indicates that the trend has shifted lower and could be considered a sell signal. In of 10 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 .
Following a 3-day decline, the stock is projected to fall further. Considering past instances where ROKU 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 ROKU entered a downward trend on May 26, 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.
The Tickeron Price Growth Rating for this company is (best 1 - 100 worst), indicating slightly worse than average price growth. ROKU’s price grows at a lower 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 (3.094) is normal, around the industry mean (4.218). P/E Ratio (66.667) is within average values for comparable stocks, (72.015). Projected Growth (PEG Ratio) (0.000) is also within normal values, averaging (2.646). ROKU has a moderately low Dividend Yield (0.000) as compared to the industry average of (0.058). P/S Ratio (2.484) is also within normal values, averaging (110.239).
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. ROKU’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 89, placing this stock worse 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 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 average fundamental analysis ratings, where 1 is best and 100 is worst, are as follows