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 downward trend: price dove below 50-day moving average on September 21, 2023
GE moved below its 50-day moving average on September 21, 2023 date and that indicates a change from an upward trend to a downward trend. In of 32 similar past instances, the stock price decreased further within the following month. The odds of a continued downward trend are .
Technical Analysis (Indicators)
Bearish Trend Analysis
The Stochastic Oscillator may be shifting from an upward trend to a downward trend. In of 58 cases where GE's Stochastic Oscillator exited the overbought zone, the price fell further within the following month. The odds of a continued downward trend are .
The Moving Average Convergence Divergence Histogram (MACD) for GE turned negative on September 21, 2023. This could be a sign that the stock is set to turn lower in the coming weeks. Traders may want to sell the stock or buy put options. Tickeron's A.I.dvisor looked at 45 similar instances when the indicator turned negative. In of the 45 cases the stock turned lower in the days that followed. This puts the odds of success at .
Following a 3-day decline, the stock is projected to fall further. Considering past instances where GE declined for three days, the price rose further in of 62 cases within the following month. The odds of a continued downward trend are .
Bullish Trend Analysis
The Momentum Indicator moved above the 0 level on September 14, 2023. You may want to consider a long position or call options on GE as a result. In of 84 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 GE advanced for three days, in of 303 cases, the price rose further within the following month. The odds of a continued upward trend are .
GE may jump back above the lower band and head toward the middle band. Traders may consider buying the stock or exploring call options.
The Aroon Indicator entered an Uptrend today. In of 304 cases where GE Aroon's Indicator entered an Uptrend, the price rose further within the following month. The odds of a continued Uptrend are .
Fundamental Analysis (Ratings)
The Tickeron Price Growth Rating for this company is (best 1 - 100 worst), indicating outstanding 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 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 78, placing this stock better than average.
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 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 (4.008) is normal, around the industry mean (12.096). P/E Ratio (12.422) is within average values for comparable stocks, (44.868). Projected Growth (PEG Ratio) (1.595) is also within normal values, averaging (2.023). GE has a moderately low Dividend Yield (0.003) as compared to the industry average of (0.021). P/S Ratio (1.554) is also within normal values, averaging (10.703).
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.
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Fundamental Analysis Ratings
The average fundamental analysis ratings, where 1 is best and 100 is worst, are as follows
General Information
a manufacturer of products for the generation, transmission, distribution, control and utilization of electricity; manufactures aircraft engines and medical equipment
Industry IndustrialMachinery
GE and
Correlation & Price change
A.I.dvisor indicates that over the last year, GE has been loosely correlated with CR. These tickers have moved in lockstep 46% of the time. This A.I.-generated data suggests there is some statistical probability that if GE jumps, then CR could also see price increases.