An AI trading robot generated a 6.95% profit for SOFI in the previous month.
This AI trading robot, accessible at Swing trader: Deep Trend Analysis (TA), was one of the best in our robot factory, generating a 6.95% gain for SOFI over the course of the previous month.
Technical analysis is an approach that has been used by traders for years to predict the future price movements of stocks. This approach is based on the belief that the stock market behaves in a predictable manner, and that by studying the patterns and trends of stock prices, traders can gain insights into the future direction of stock prices. One tool that is commonly used in technical analysis is the Relative Strength Index (RSI) Oscillator. This tool is used to identify overbought and oversold conditions in a stock, and it can be a valuable tool for traders looking to enter or exit a position.
The RSI Oscillator for SOFI moved out of oversold territory on March 21, 2023. This is a positive sign for the stock, and it suggests that the stock may be shifting from a downward trend to an upward trend. Traders who are looking to enter a position in SOFI may want to consider buying the stock or call options.
To assess the likelihood of a continued upward trend, the A.I.dvisor looked at 17 similar instances when the RSI Oscillator for SOFI moved out of oversold territory. In 15 of these 17 cases, the stock price moved higher. This puts the odds of a continued upward trend at 88%, which is a favorable outcome for traders.
Overall, the Swing trader: Deep Trend Analysis (TA) AI trading robot has proven to be one of the best performers in our robot factory, generating a 6.95% gain for SOFI over the course of the previous month. Traders who are looking for an edge in the stock market may want to consider using this powerful tool to help them identify trading opportunities and make informed investment decisions.
SOFI's MACD Histogram crosses above signal line
The Moving Average Convergence Divergence (MACD) for SOFI turned positive on May 22, 2023. Looking at past instances where SOFI's MACD turned positive, the stock continued to rise in of 26 cases over the following month. The odds of a continued upward trend are .
Technical Analysis (Indicators)
Bullish Trend Analysis
The RSI Oscillator points to a transition from a downward trend to an upward trend -- in cases where SOFI's RSI Indicator exited the oversold zone, of 18 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 SOFI as a result. In of 43 past instances where the momentum indicator moved above 0, the stock continued to climb. 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 SOFI advanced for three days, in of 138 cases, the price rose further within the following month. The odds of a continued upward trend are .
SOFI may jump back above the lower band and head toward the middle band. Traders may consider buying the stock or exploring call options.
Bearish Trend Analysis
The Stochastic Oscillator has been in the overbought zone for 2 days. Expect a price pull-back in the near future.
SOFI moved below its 50-day moving average on May 01, 2023 date and that indicates a change from an upward trend to a downward trend.
The 50-day moving average for SOFI moved below the 200-day moving average on May 15, 2023. This could be a long-term bearish signal for the stock as the stock shifts to an downward trend.
Following a 3-day decline, the stock is projected to fall further. Considering past instances where SOFI declined for three days, the price rose further in of 62 cases within the following month. The odds of a continued downward trend are .
Fundamental Analysis (Ratings)
The Tickeron SMR rating for this company is (best 1 - 100 worst), indicating very 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 PE Growth Rating for this company is (best 1 - 100 worst), pointing to consistent 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 Price Growth Rating for this company is (best 1 - 100 worst), indicating fairly steady price growth. SOFI’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 fair valued 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 (0.937) is normal, around the industry mean (3.844). P/E Ratio (9.443) is within average values for comparable stocks, (29.073). Projected Growth (PEG Ratio) (0.000) is also within normal values, averaging (1.386). SOFI has a moderately low Dividend Yield (0.000) as compared to the industry average of (0.050). P/S Ratio (2.794) is also within normal values, averaging (5.556).
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. SOFI’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 83, placing this stock worse than average.
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Fundamental Analysis Ratings
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