AI Triumph: A Stunning 48.81% Annual Return for SM Energized by Swing Trader Robot
Artificial Intelligence (AI) has increasingly become the game-changer in the world of trading, serving as a catalyst for remarkable returns. One such example is our AI Swing Trader: Sector Rotation Strategy (TA&FA), which has been instrumental in driving a robust 48.81% return for SM Energy Company (SM) over the past year.
A Closer Look at the Oil & Gas Production Industry's Market Cap
Let's first take a look at the context within which SM operates. The company is part of the Oil & Gas Production Industry, where the average market capitalization is $3.26B. In this varied sector, market caps range from a minuscule 3.28K to an impressive 121.56B. ConocoPhillips (COP) stands out with the highest valuation at 121.56B, while the smallest player is PSTRQ valued at 3.28K.
Understanding Price Trends: The Ups and Downs
The average weekly price growth across all stocks in this industry was -3%, a trend which our AI trading robot managed to navigate effectively. The industry’s average monthly price growth was -2%, and quarterly it stood at -5%. Amid these dynamics, CNUCF saw the highest price growth at 61%, while DALXF underwent the most significant plunge at -69%.
Unpacking Volume Growth in the Industry
On the volume front, the weekly average across all stocks in the industry witnessed a decline of -21%. However, on a brighter note, the monthly and quarterly volume growth averages showed significant increases of 111% and 121%, respectively.
Our AI Swing Trader: Sector Rotation Strategy (TA&FA) has proven its effectiveness within the challenging terrain of the Oil & Gas Production Industry. It propelled SM to an impressive 48.81% return over the past year. By taking into account the intricate details of market capitalization, price trends, and volume growth, the AI has demonstrated its pivotal role in contemporary trading strategies. This exciting story, encapsulated in numbers, offers a glimpse of the transformative impact AI is set to have on the future of trading.
SM sees MACD Histogram just turned negative
SM saw its Moving Average Convergence Divergence Histogram (MACD) turn negative on September 04, 2024. This is a bearish signal that suggests the stock could decline going forward. Tickeron's A.I.dvisor looked at 48 instances where the indicator turned negative. In of the 48 cases the stock moved lower in the days that followed. This puts the odds of a downward move at .
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General Information
a developer of natural gas and crude oil properties
Industry OilGasProduction