An AI trading robot increased $GE's earnings by 80% during the previous six months.
This AI trading robot, available at Swing Trader, Popular Stocks: Short Bias Strategy (TA&FA), was a top performer in our robot factory, generating 80% for GE over the past 6 months.
Over the past six months, Swing Trader's AI trading robot, focusing on popular stocks with a short bias strategy, has been a top performer in our robot factory. By employing both technical analysis (TA) and fundamental analysis (FA), the robot has generated an impressive 80% return on General Electric (GE) stock. This article will provide an in-depth analysis of the earning results and the key factors that have contributed to the robot's success.
Key Indicator: Aroon Indicator
One of the most critical technical indicators that the AI trading robot utilized in its strategy is the Aroon Indicator. On April 20, 2023, GE's Aroon Indicator triggered a bullish signal, with the AroonUp (green) line rising above 70 and the AroonDown (red) line staying below 30. This occurrence suggested that the stock could be setting up for a bullish move, prompting traders to consider buying the stock or calls options.
Historical Performance:
To better understand the reliability of the Aroon Indicator's bullish signal, Tickeron's A.I.dvisor analyzed 252 similar instances in which the Aroon Indicator exhibited a comparable pattern. In 187 of these cases, the stock moved higher in the days that followed, resulting in a 74% success rate. This historical performance bolsters the confidence of traders relying on this signal as part of their investment strategy.
Short Bias Strategy:
Swing Trader's AI trading robot's success can be attributed to its focus on popular stocks and the implementation of a short bias strategy based on both technical and fundamental analysis. By combining these approaches, the robot is able to identify high-probability trading opportunities and capitalize on them.
Swing Trader's AI trading robot has demonstrated exceptional performance over the past six months, generating an 80% return on General Electric (GE) stock. Utilizing key technical indicators, such as the Aroon Indicator, and employing a short bias strategy based on technical and fundamental analysis, the robot has proven to be a valuable asset for investors seeking to capitalize on market trends. With a 74% historical success rate for the Aroon Indicator's bullish signals, traders can have increased confidence in the robot's ability to identify and act upon high-probability trading opportunities.
GE in -1.93% downward trend, sliding for three consecutive days on December 31, 2024
Moving lower for three straight days is viewed as a bearish sign. Keep an eye on this stock for future declines. Considering data from situations where GE declined for three days, in of 265 cases, the price declined further within the following month. The odds of a continued downward trend are .
Technical Analysis (Indicators)
Bearish Trend Analysis
The Stochastic Oscillator demonstrated that the ticker has stayed in the overbought zone for 3 days. The longer the ticker stays in the overbought zone, the sooner a price pull-back is expected.
The Aroon Indicator for GE entered a downward trend on December 30, 2024. This could indicate a strong downward move is ahead for the stock. Traders may want to consider selling the stock or buying put options.
Bullish Trend Analysis
The RSI Indicator points to a transition from a downward trend to an upward trend -- in cases where GE'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 December 24, 2024. You may want to consider a long position or call options on GE as a result. In of 92 past instances where the momentum indicator moved above 0, the stock continued to climb. The odds of a continued upward trend are .
The Moving Average Convergence Divergence (MACD) for GE just turned positive on December 24, 2024. Looking at past instances where GE's MACD turned positive, the stock continued to rise in of 56 cases over the following month. 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 GE advanced for three days, in of 324 cases, the price rose further within the following month. The odds of a continued upward trend are .
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 70, placing this stock better than average.
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 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 Price Growth Rating for this company is (best 1 - 100 worst), indicating steady price growth. GE’s price grows at a higher rate over the last 12 months as compared to S&P 500 index constituents.
The Tickeron Seasonality Score of (best 1 - 100 worst) indicates that the company is fair valued in the industry. The Tickeron Seasonality score describes the variance of predictable price changes around the same period every calendar year. These changes can be tied to a specific month, quarter, holiday or vacation period, as well as a meteorological or growing season.
The Tickeron Valuation Rating of (best 1 - 100 worst) indicates that the company is slightly 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 (10.142) is normal, around the industry mean (8.261). P/E Ratio (34.884) is within average values for comparable stocks, (59.506). Projected Growth (PEG Ratio) (1.696) is also within normal values, averaging (2.311). Dividend Yield (0.006) settles around the average of (0.016) among similar stocks. P/S Ratio (2.797) is also within normal values, averaging (7.923).
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General Information
a manufacturer of products for the generation, transmission, distribution, control and utilization of electricity; manufactures aircraft engines and medical equipment
Industry AerospaceDefense