An AI trading robot produced a 12.20% increase for MARA last month.
This AI trading robot, available at Day Trader: High Volatility Stocks for Active Trading (TA&FA), was a top performer in our robot factory, generating 12.20% for MARA over the past month.
It is essential to look at past performance to predict future growth for stocks. One such stock that has seen a significant increase in recent times is Marathon Digital Holdings (MARA). MARA, a digital asset technology company, has seen a 12.20% increase last month, thanks to an AI trading robot. Let's dive into the data to understand what this means for the future of MARA.
First, it is important to note that MARA has been moving higher for three straight days. According to technical analysis, this is a bullish sign. When a stock continues to climb for consecutive days, it indicates that buyers are in control, and the stock is likely to keep moving higher. This is certainly good news for MARA, but what does the data say about its future growth potential?
Based on historical data, in situations where MARA advanced for three days, the price rose further within the following month in 205 of 237 cases. This means that the odds of a continued upward trend are 86%. This is a strong indication that MARA could see further growth in the coming weeks.
It is important to note that no prediction is 100% accurate, and there are always risks involved in stock trading. However, using technical analysis and historical data can help investors make informed decisions about their investments. As a technical analyst, it is essential to keep an eye on MARA for future growth potential.
MARA has seen a significant increase last month, thanks to an AI trading robot. The stock has been moving higher for three straight days, which is viewed as a bullish sign. Based on historical data, the odds of a continued upward trend are 86%. Investors should keep a close eye on MARA for future growth potential, but should also be aware of the risks involved in stock trading.
Momentum Indicator for MARA turns negative, indicating new downward trend
MARA saw its Momentum Indicator move below the 0 level on December 09, 2024. This is an indication that the stock could be shifting in to a new downward move. Traders may want to consider selling the stock or exploring put options. Tickeron's A.I.dvisor looked at 84 similar instances where the indicator turned negative. In of the 84 cases, the stock moved further down in the following days. The odds of a decline are at .
Technical Analysis (Indicators)
Bearish Trend Analysis
The Moving Average Convergence Divergence Histogram (MACD) for MARA turned negative on December 09, 2024. 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 41 similar instances when the indicator turned negative. In of the 41 cases the stock turned lower in the days that followed. This puts the odds of success at .
MARA moved below its 50-day moving average on December 19, 2024 date and that indicates a change from an upward trend to a downward trend.
Following a 3-day decline, the stock is projected to fall further. Considering past instances where MARA 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 Stochastic Oscillator shows that the ticker has stayed in the oversold zone for 11 days. The price of this ticker is presumed to bounce back soon, since the longer the ticker stays in the oversold zone, the more promptly an upward trend is expected.
The 50-day moving average for MARA moved above the 200-day moving average on December 04, 2024. This could be a long-term bullish signal for the stock as the stock shifts to an upward trend.
Following a 3-day Advance, the price is estimated to grow further. Considering data from situations where MARA advanced for three days, in of 271 cases, the price rose further within the following month. The odds of a continued upward trend are .
MARA 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 235 cases where MARA Aroon's Indicator entered an Uptrend, the price rose further within the following month. The odds of a continued Uptrend are .
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 PE Growth Rating for this company is (best 1 - 100 worst), pointing to 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 Price Growth Rating for this company is (best 1 - 100 worst), indicating fairly steady price growth. MARA’s price grows at a lower 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 that the returns do not compensate for the risks. MARA’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 69, 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 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 (3.583) is normal, around the industry mean (5.562). P/E Ratio (20.406) is within average values for comparable stocks, (34.442). MARA's Projected Growth (PEG Ratio) (0.000) is slightly lower than the industry average of (2.610). MARA has a moderately low Dividend Yield (0.000) as compared to the industry average of (0.030). P/S Ratio (10.730) is also within normal values, averaging (113.078).
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