This AI trading robot, accessible at Swing trader: Volatility Balanced Strategy (TA), was one of the best in our robot factory, generating a 4.91% gain in just 3 trades while trading RIOT over the course of the previous week.
An AI trading robot generated a 4.91% profit for RIOT in the previous week, according to data from Swing trader: Volatility Balanced Strategy (TA), one of the best trading robots in the factory. The robot achieved this gain in just three trades, indicating its ability to make quick and profitable decisions based on technical analysis.
RIOT is a volatile stock, with significant price swings over time. Therefore, technical analysis plays a crucial role in analyzing its price movements and predicting future trends. The 10-day RSI Oscillator is an essential technical indicator that traders use to identify overbought or oversold conditions in a stock. When the RSI moves above 70, it is considered overbought, and when it moves below 30, it is considered oversold.
According to Tickeron's A.I.dvisor, RIOT's RSI Oscillator moved out of the overbought zone on April 19, 2023, indicating a potential shift from an upward trend to a downward trend. This information suggests that traders may want to consider selling the stock or buying put options. In 34 of the 35 instances where the indicator moved out of the overbought zone, the stock moved lower in the days that followed. This puts the odds of a move down at 90%, making it an ideal time to consider short-selling or taking a bearish position.
The AI trading robot's success in generating profits for RIOT is a testament to the benefits of using technical analysis and automation to trade volatile stocks. Traders can benefit significantly from the use of technical indicators like RSI Oscillator to identify trends and make informed trading decisions. The use of AI trading robots can enhance the accuracy and efficiency of trading, leading to profitable outcomes in the long run.
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 (3.562). P/E Ratio (75.188) is within average values for comparable stocks, (36.087). RIOT's Projected Growth (PEG Ratio) (0.000) is very low in comparison to the industry average of (2.241). 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 (105.280).
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