Artificial Intelligence (AI) is increasingly used in trading, and it is not surprising that the top-performing trading robots are driven by AI algorithms. The Deep Trend Analysis v.2 (TA) AI trading robot from Swing Trader was recently the top performer in Tickeron's robot factory over a week, generating an impressive 5.06% return for RIOT.
The RIOT stock caught the attention of the AI trading robot as its Aroon Indicator triggered a bullish signal on April 27, 2023. The Aroon Indicator is a popular technical analysis tool that measures the strength and direction of a trend. It consists of two lines, the AroonUp green line, and the AroonDown red line. When the AroonUp line moves above 70 and the AroonDown line remains below 30, it signals a potential bullish move.
The AI trading robot of Tickeron's A.I.dvisor detected this bullish signal and analyzed the historical data of 196 similar instances where the Aroon Indicator showed a similar pattern. The result was astounding, as in 178 out of the 196 cases, the stock moved higher in the days that followed. This puts the odds of a move higher at 90%.
This analysis provided a strong indication for traders to consider buying RIOT stock or purchasing call options. The AI trading robot of Tickeron's A.I.dvisor effectively used its deep learning capabilities to identify the bullish signal and analyze its historical patterns. With the high probability of a move higher, the robot could effectively maximize profits for its investors.
In conclusion, the use of AI algorithms in trading is becoming increasingly popular due to its accuracy and efficiency. The Deep Trend Analysis v.2 (TA) AI trading robot from Swing Trader, powered by Tickeron's A.I.dvisor, is a testament to the success of this approach. With its ability to analyze complex data sets and identify patterns, the AI trading robot provides traders with a reliable tool for making profitable trades.
RIOT saw its Moving Average Convergence Divergence Histogram (MACD) turn negative on April 21, 2023. This is a bearish signal that suggests the stock could decline going forward. Tickeron's A.I.dvisor looked at 44 instances where the indicator turned negative. In of the 44 cases the stock moved lower in the days that followed. This puts the odds of a downward move at .
Following a 3-day decline, the stock is projected to fall further. Considering past instances where RIOT 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 Stochastic Oscillator suggests the stock price trend may be in a reversal from a downward trend to an upward trend. of 62 cases where RIOT's Stochastic Oscillator exited the oversold zone 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 25, 2023. You may want to consider a long position or call options on RIOT as a result. In of 71 past instances where the momentum indicator moved above 0, the stock continued to climb. 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 RIOT advanced for three days, in of 242 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 196 cases where RIOT Aroon's Indicator entered an Uptrend, the price rose further within the following month. The odds of a continued Uptrend are .
The Tickeron Price Growth Rating for this company is (best 1 - 100 worst), indicating steady price growth. RIOT’s price grows at a higher 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 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 (1.751) is normal, around the industry mean (3.561). P/E Ratio (75.188) is within average values for comparable stocks, (36.080). RIOT's Projected Growth (PEG Ratio) (0.000) is very low in comparison to the industry average of (2.240). RIOT has a moderately low Dividend Yield (0.000) as compared to the industry average of (0.038). P/S Ratio (6.570) is also within normal values, averaging (105.279).
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. RIOT’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 78, 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 average fundamental analysis ratings, where 1 is best and 100 is worst, are as follows