This week, our market robots are experiencing a consolidation, not showing significant profits compared to previous weeks. However, there are some individual stocks that are performing exceptionally well. For instance, the robot Swing-Trader-Popular-Stocks-Short-Bias-Strategy-TA-FA earned over 5% on NVDA stock with just one trade.
Strategy Description: This robot is designed for traders who prefer to trade popular stocks with good liquidity and low spreads, primarily focusing on short positions. Its strategy is based on a combination of several algorithms to identify upcoming uptrend reversal points, making it effective during market instability.
To enhance profitability and trade accuracy, the algorithm adopts different approaches for long and short positions. Upon entering a long trade, the robot places fixed "Take Profit" orders at 5.5% and "Stop Loss" orders at 3% of the position's opening price. For short trades, the robot sets fixed "Take Profit" and "Stop Loss" orders at 2.5% of the position's opening price and utilizes a flexible trailing stop, allowing the robot to retain most of the profit in the event of a market reversal.
This robot is best suited for active swing traders with sufficient time to monitor 50-60 trades simultaneously. With an average trade duration of 3 days, following the signals of this robot is straightforward and affordable, even for beginner traders.
The stock selection process involves a new proprietary method developed by our team of quants, assessing the strength and quality of momentum in the most active stocks in the US stock market. Subsequently, a complex algorithm utilizing various technical indicators determines the entry points for positions. Special attention is given to balancing short and long positions, enabling the robot to withstand changes in the primary market trend.
The robot's trading results are shown without utilizing margin. For comprehensive trading statistics and equity charts, users can click the "show more" button on the robot page. In the "Open Trades" tab, users can observe how the AI Robot selects equities, enters, and exits paper trades. The "Closed Trades" tab allows users to review all previous trades executed by the AI Robot.
Conclusion: Market robots may display varying results based on strategy and stock selection. The NVDA stock trading strategy presented by the robot Swing-Trader-Popular-Stocks-Short-Bias-Strategy-TA-FA has proven successful, earning over 5% with just one trade. Despite the market consolidation this week, active swing traders may find interest in this strategy and review its performance to make informed decisions about trading with this robot. For more detailed information regarding the trading statistics and performance of the robot, it is recommended to explore the full data on the robot's page.
The RSI Indicator for NVDA moved out of oversold territory on August 14, 2023. This could be a sign that the stock is shifting from a downward trend to an upward trend. Traders may want to buy the stock or call options. The A.I.dvisor looked at 21 similar instances when the indicator left oversold territory. In of the 21 cases the stock moved higher. This puts the odds of a move higher at .
The Stochastic Oscillator shows that the ticker has stayed in the oversold zone for 7 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.
Following a 3-day Advance, the price is estimated to grow further. Considering data from situations where NVDA advanced for three days, in of 347 cases, the price rose further within the following month. The odds of a continued upward trend are .
The Momentum Indicator moved below the 0 level on September 07, 2023. You may want to consider selling the stock, shorting the stock, or exploring put options on NVDA as a result. In of 78 cases where the Momentum Indicator fell below 0, the stock fell further within the subsequent month. The odds of a continued downward trend are .
The Moving Average Convergence Divergence Histogram (MACD) for NVDA turned negative on September 07, 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 48 similar instances when the indicator turned negative. In of the 48 cases the stock turned lower in the days that followed. This puts the odds of success at .
NVDA moved below its 50-day moving average on September 15, 2023 date and that indicates a change from an upward trend to a downward trend.
The 10-day moving average for NVDA crossed bearishly below the 50-day moving average on September 19, 2023. This indicates that the trend has shifted lower and could be considered a sell signal. In of 14 past instances when the 10-day crossed below the 50-day, the stock continued to move higher over the following 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 NVDA declined for three days, the price rose further in of 62 cases within the following month. The odds of a continued downward trend are .
NVDA broke above its upper Bollinger Band on August 21, 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 Aroon Indicator for NVDA entered a downward trend on August 21, 2023. This could indicate a strong downward move is ahead for the stock. Traders may want to consider selling the stock or buying put options.
The Tickeron Price Growth Rating for this company is (best 1 - 100 worst), indicating outstanding price growth. NVDA’s price grows at a higher 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 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 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 62, placing this stock better than average.
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 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: NVDA's P/B Ratio (39.062) is slightly higher than the industry average of (8.009). P/E Ratio (105.263) is within average values for comparable stocks, (54.114). Projected Growth (PEG Ratio) (1.379) is also within normal values, averaging (2.371). NVDA has a moderately low Dividend Yield (0.000) as compared to the industry average of (0.022). P/S Ratio (33.223) is also within normal values, averaging (72.719).
The average fundamental analysis ratings, where 1 is best and 100 is worst, are as follows
a manufacturer of computer graphics processors, chipsets, and related multimedia software
A.I.dvisor indicates that over the last year, NVDA has been closely correlated with AMD. These tickers have moved in lockstep 82% of the time. This A.I.-generated data suggests there is a high statistical probability that if NVDA jumps, then AMD could also see price increases.