AI Trading Robot Shows Strong Performance +6.80%, BX Stock Poised for Upward Move
Choppy Market Trader's AI trading robot has proven to be a top performer in Tickeron's robot factory over the last month, generating a return of 6.80% for BX, a popular stock with a $4.5K per position. This is a strong indicator that the AI trading robot is utilizing effective trading strategies that may be of interest to traders.
Furthermore, BX's Momentum Indicator recently moved above the 0 level on April 18, 2023. This is a positive signal that the stock could be shifting towards a new upward trend, which traders may want to take advantage of by buying the stock or purchasing call options. According to Tickeron's A.I.dvisor, there have been 78 similar instances where the Momentum Indicator turned positive, and in 65 out of those 78 cases, the stock moved higher in the following days. This suggests that there is an 83% chance that BX will continue to move higher.
BX's most recent earnings report on April 20 showed earnings per share of 97 cents, beating the estimate of 94 cents. With 4.90M shares outstanding, the current market capitalization of BX sits at 66.63B. This strong earnings report provides further support for the potential upward move of the stock.
Technical analysts may want to keep a close eye on BX and consider incorporating Choppy Market Trader's AI trading robot into their trading strategies. With its proven performance and the positive signals from the Momentum Indicator and earnings report, BX could be a profitable opportunity for traders.
BX in upward trend: price rose above 50-day moving average on August 18, 2023
BX moved above its 50-day moving average on August 18, 2023 date and that indicates a change from a downward trend to an upward trend. In of 29 similar past instances, the stock price increased further within the following month. The odds of a continued upward trend are .
Technical Analysis (Indicators)
Bullish Trend Analysis
Following a 3-day Advance, the price is estimated to grow further. Considering data from situations where BX advanced for three days, in of 378 cases, the price rose further within the following month. The odds of a continued upward trend are .
The Aroon Indicator entered an Uptrend today. In of 357 cases where BX Aroon's Indicator entered an Uptrend, the price rose further within the following month. The odds of a continued Uptrend are .
Bearish Trend Analysis
The 10-day RSI Indicator for BX moved out of overbought territory on September 21, 2023. This could be a bearish sign for the stock. Traders may want to consider selling the stock or buying put options. Tickeron's A.I.dvisor looked at 48 similar instances where the indicator moved out of overbought territory. In of the 48 cases, the stock moved lower in the following days. This puts the odds of a move lower at .
The Stochastic Oscillator may be shifting from an upward trend to a downward trend. In of 62 cases where BX's Stochastic Oscillator exited the overbought zone, the price fell further within the following month. The odds of a continued downward trend are .
The Momentum Indicator moved below the 0 level on September 22, 2023. You may want to consider selling the stock, shorting the stock, or exploring put options on BX as a result. In of 79 cases where the Momentum Indicator fell below 0, the stock fell further within the subsequent month. The odds of a continued downward trend are .
The Moving Average Convergence Divergence Histogram (MACD) for BX turned negative on September 22, 2023. This could be a sign that the stock is set to turn lower in the coming weeks. Traders may want to sell the stock or buy put options. Tickeron's A.I.dvisor looked at 47 similar instances when the indicator turned negative. In of the 47 cases the stock turned lower in the days that followed. This puts the odds of success at .
Following a 3-day decline, the stock is projected to fall further. Considering past instances where BX declined for three days, the price rose further in of 62 cases within the following month. The odds of a continued downward trend are .
BX broke above its upper Bollinger Band on August 29, 2023. This could be a sign that the stock is set to drop as the stock moves back below the upper band and toward the middle band. You may want to consider selling the stock or exploring put 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 Profit vs. Risk Rating rating for this company is (best 1 - 100 worst), indicating low risk on high returns. The average Profit vs. Risk Rating rating for the industry is 80, placing this stock better than average.
The Tickeron Price Growth Rating for this company is (best 1 - 100 worst), indicating steady price growth. BX’s price grows at a higher 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 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 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 (11.614) is normal, around the industry mean (3.494). P/E Ratio (67.114) is within average values for comparable stocks, (30.596). Projected Growth (PEG Ratio) (2.526) is also within normal values, averaging (4.613). Dividend Yield (0.031) settles around the average of (0.071) among similar stocks. P/S Ratio (13.280) is also within normal values, averaging (78.145).
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Fundamental Analysis Ratings
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General Information
a provider of investment and fund management services
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BX and
Correlation & Price change
A.I.dvisor indicates that over the last year, BX has been closely correlated with APO. These tickers have moved in lockstep 81% of the time. This A.I.-generated data suggests there is a high statistical probability that if BX jumps, then APO could also see price increases.