Assessing Trader Robot's Proficiency: BLNK Records +4.47% Gain
These sophisticated algorithms can analyze vast amounts of data and execute trades with speed and precision. One such example is the Swing trader: Top High-Volatility Stocks v.2 (TA) bot, which has demonstrated remarkable performance in recent weeks. In this article, we will delve into the earning results of this AI trading bot and provide an analysis of its achievements, along with key market indicators in the Engineering & Construction industry.
Earnings Results of Swing trader: Top High-Volatility Stocks v.2 (TA) Bot:
The Swing trader: Top High-Volatility Stocks v.2 (TA) bot has showcased its prowess by generating a notable gain of +4.47% while trading BLNK over the previous week. This impressive performance highlights the potential of AI-powered trading robots to deliver substantial profits in high-volatility market conditions.
Price Analysis and Market Capitalization:
The average market capitalization of companies within the Engineering & Construction industry stands at 4.94 billion dollars. Among the group, the market cap ranges from 27.7 thousand dollars to a staggering 4.39 trillion dollars. Notably, WKAPF boasts the highest valuation in this industry group at 4.39 trillion dollars, while the lowest-valued company is BETW at 27.7 thousand dollars.
Examining price movements in the Engineering & Construction industry, we find that the average weekly price growth across all stocks remained stagnant at 0%. The average monthly price growth also stood at 0%, while the average quarterly price growth recorded a positive 5%. Within the industry, RELT experienced the highest price growth at 31%, while AGFY suffered a significant decline of -25%.
Volume Analysis:
Analyzing volume trends within the Engineering & Construction industry, we observe that the average weekly volume growth across all stocks reached 10%. However, the average monthly volume growth exhibited a decline of -22%, and the average quarterly volume growth stood at a modest 9%.
Earnings Report and Market Capitalization:
During the last earnings report on May 09, Swing trader: Top High-Volatility Stocks v.2 (TA) bot posted an earnings per share of -49 cents, falling short of the estimated -43 cents. With 527.16 thousand shares outstanding, the current market capitalization of the bot sits at approximately 398.04 million dollars.
Summary:
The recent performance of the Swing trader: Top High-Volatility Stocks v.2 (TA) bot trading BLNK exemplifies the potential of AI trading robots in generating substantial gains. Despite the prevailing high volatility in the Engineering & Construction industry, this bot managed to outperform the market, achieving a remarkable +4.47% gain over the course of a single week. However, it is important to note that market dynamics are subject to change, and a price pull-back could be expected in the near future.
BLNK in upward trend: 10-day moving average moved above 50-day moving average on October 15, 2024
The 10-day moving average for BLNK crossed bullishly above the 50-day moving average on October 15, 2024. This indicates that the trend has shifted higher and could be considered a buy signal. In of 16 past instances when the 10-day crossed above the 50-day, the stock continued to move higher over the following month. The odds of a continued upward trend are .
Technical Analysis (Indicators)
Bullish Trend Analysis
The Momentum Indicator moved above the 0 level on October 04, 2024. You may want to consider a long position or call options on BLNK as a result. In of 77 past instances where the momentum indicator moved above 0, the stock continued to climb. The odds of a continued upward trend are .
BLNK moved above its 50-day moving average on October 11, 2024 date and that indicates a change from a downward trend to an upward trend.
Following a 3-day Advance, the price is estimated to grow further. Considering data from situations where BLNK advanced for three days, in of 239 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 173 cases where BLNK Aroon's Indicator entered an Uptrend, the price rose further within the following month. The odds of a continued Uptrend are .
Bearish Trend Analysis
The RSI Oscillator demonstrated that the stock has entered the overbought zone. This may point to a price pull-back soon.
The Stochastic Oscillator demonstrated that the ticker has stayed in the overbought zone for 15 days. The longer the ticker stays in the overbought zone, the sooner a price pull-back is expected.
Following a 3-day decline, the stock is projected to fall further. Considering past instances where BLNK declined for three days, the price rose further in of 62 cases within the following month. The odds of a continued downward trend are .
BLNK broke above its upper Bollinger Band on October 04, 2024. 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 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 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 fair valued 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 (0.629) is normal, around the industry mean (6.312). P/E Ratio (0.000) is within average values for comparable stocks, (65.440). Projected Growth (PEG Ratio) (0.000) is also within normal values, averaging (1.573). Dividend Yield (0.000) settles around the average of (0.032) among similar stocks. P/S Ratio (0.932) is also within normal values, averaging (19.573).
The Tickeron Price Growth Rating for this company is (best 1 - 100 worst), indicating fairly steady price growth. BLNK’s price grows at a lower rate over the last 12 months as compared to S&P 500 index constituents.
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. BLNK’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 64, placing this stock worse than average.
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General Information
an operator of electric car charging stations
Industry EngineeringConstruction