The best AI trading robot in our robot factory, Swing Trader, Popular Stocks ($1.5K per position): Long Bias Strategy (TA&FA), generated a return of 6.01% for BB over the course of the previous month.
As a technical analyst, it's important to take a closer look at the earning results and performance of the AI trading robot mentioned in the article. According to the article, Swing Trader, Popular Stocks ($1.5K per position): Long Bias Strategy (TA&FA) generated a return of 6.01% for BB over the previous month. This is an impressive result, particularly given the current market conditions.
It's worth noting that Swing Trader uses a long bias strategy, which means that it focuses on buying stocks that it believes are undervalued and holding onto them for an extended period of time. This strategy is based on both technical analysis (TA) and fundamental analysis (FA). TA involves using charts and other tools to identify trends and patterns in the stock's price history, while FA involves analyzing a company's financial statements and other key metrics to determine its overall health and future prospects.
In addition to its impressive performance over the past month, the article also mentions the 10-day Relative Strength Index (RSI) indicator for BB. This indicator is used to measure a stock's momentum, and when it moves out of overbought territory, it suggests that the stock may be due for a pullback. According to Tickeron's A.I.dvisor, in 27 out of 30 instances where the RSI moved out of overbought territory, the stock moved lower in the days that followed. This puts the odds of a move down at 90%.
Based on this information, traders may want to consider selling BB or buying put options. However, it's worth noting that Swing Trader's long bias strategy is designed to hold onto stocks for an extended period of time, so it may not be the best fit for traders who are looking to make short-term trades based on technical indicators like the RSI.
Overall, the article suggests that Swing Trader is a powerful AI trading robot that is capable of generating impressive returns for its users. However, traders should also be aware of the potential risks involved in trading stocks, particularly when using technical indicators to make short-term trades. As always, it's important to do your own research and consult with a financial advisor before making any investment decisions.
BB saw its Moving Average Convergence Divergence Histogram (MACD) turn negative on May 26, 2023. This is a bearish signal that suggests the stock could decline going forward. Tickeron's A.I.dvisor looked at 40 instances where the indicator turned negative. In of the 40 cases the stock moved lower in the days that followed. This puts the odds of a downward move at .
The 10-day RSI Indicator for BB moved out of overbought territory on May 23, 2023. This could be a bearish sign for the stock. Traders may want to consider selling the stock or buying put options. Tickeron's A.I.dvisor looked at 30 similar instances where the indicator moved out of overbought territory. In of the 30 cases, the stock moved lower in the following days. This puts the odds of a move lower at .
The Momentum Indicator moved below the 0 level on June 01, 2023. You may want to consider selling the stock, shorting the stock, or exploring put options on BB as a result. In of 88 cases where the Momentum Indicator fell below 0, the stock fell further within the subsequent month. The odds of a continued downward trend are .
Following a 3-day decline, the stock is projected to fall further. Considering past instances where BB declined for three days, the price rose further in of 62 cases within the following month. The odds of a continued downward trend are .
BB broke above its upper Bollinger Band on May 05, 2023. This could be a sign that the stock is set to drop as the stock moves back below the upper band and toward the middle band. You may want to consider selling the stock or exploring put options.
The Stochastic Oscillator is in the oversold zone. Keep an eye out for a move up in the foreseeable future.
The 50-day moving average for BB moved above the 200-day moving average on June 01, 2023. 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 BB advanced for three days, in of 263 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 214 cases where BB 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 fairly steady price growth. BB’s price grows at a lower 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 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 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 (3.532) is normal, around the industry mean (31.535). P/E Ratio (344.828) is within average values for comparable stocks, (167.703). Projected Growth (PEG Ratio) (0.000) is also within normal values, averaging (4.118). Dividend Yield (0.000) settles around the average of (0.068) among similar stocks. P/S Ratio (5.058) is also within normal values, averaging (77.847).
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 Profit vs. Risk Rating rating for this company is (best 1 - 100 worst), indicating that the returns do not compensate for the risks. BB’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 89, placing this stock worse than average.
The average fundamental analysis ratings, where 1 is best and 100 is worst, are as follows
a developer of hardware and software solutions for mobile communications
A.I.dvisor indicates that over the last year, BB has been loosely correlated with COIN. These tickers have moved in lockstep 64% of the time. This A.I.-generated data suggests there is some statistical probability that if BB jumps, then COIN could also see price increases.