Automated Trading Success: PINS Trader Robot Earns +2.91% in a Week
The "Swing trader: Volatility Balanced Strategy (TA)," have proven their mettle by generating substantial gains for investors. In this article, we will delve into the recent performance of these AI trading bots, particularly in their successful trades on PINS, and explore how they utilized the Aroon Indicator to spot a bullish signal. Furthermore, we will analyze PINS' recent earnings report to gain a comprehensive understanding of its market position.
AI Trading Bots Secure +2.91% Gain on PINS
The AI trading robots, accessible through the "Swing trader: Volatility Balanced Strategy (TA)" platform, showcased their prowess by achieving a remarkable +2.91% gain while trading PINS over the previous week. These bots are equipped with sophisticated algorithms that analyze vast amounts of historical data, market trends, and technical indicators to identify profitable trading opportunities.
Utilizing the Aroon Indicator for Bullish Signals
A crucial aspect of the AI trading bots' success on PINS was their adept use of the Aroon Indicator. On July 14, 2023, Tickeron's A.I.dvisor detected a bullish signal for PINS, based on the Aroon Indicator's readings. The Aroon Indicator comprises two lines: the AroonUp green line and the AroonDown red line. When the AroonUp line rises above 70, while the AroonDown line remains below 30, it indicates a potential bullish move in the stock's price.
Tickeron's A.I.dvisor meticulously analyzed 179 previous instances where the Aroon Indicator exhibited a similar pattern. The results revealed that in 151 of these cases, the stock price moved higher in the following days. This statistically translates to an impressive 84% likelihood of a bullish move after the Aroon Indicator's occurrence.
Earnings Report and Market Capitalization
Examining PINS' most recent earnings report, which was released on April 27, we find that the company exceeded market expectations. Earnings per share (EPS) stood at 7 cents, surpassing the estimated figure of 0 cents. This positive performance undoubtedly contributed to bolstering investor confidence in the stock.
Currently, PINS has 4.52 million shares outstanding, leading to a market capitalization of approximately $19.63 billion. Market capitalization is an essential metric that reflects the company's overall value in the market and is indicative of investors' perceptions of its future growth potential.
Summary
The recent success of AI trading robots, particularly on PINS, has showcased the immense potential of artificial intelligence in the world of finance. By utilizing sophisticated algorithms and technical indicators like the Aroon Indicator, these bots have been able to identify profitable trading opportunities and deliver substantial gains for investors. Additionally, PINS' positive earnings report further solidifies its position in the market, making it an attractive option for traders and investors alike.
PINS in upward trend: price may jump up because it broke its lower Bollinger Band on September 14, 2023
PINS may jump back above the lower band and head toward the middle band. Traders may consider buying the stock or exploring call options. In of 32 cases where PINS's price broke its lower Bollinger Band, its price rose further in the following month. The odds of a continued upward trend are .
Technical Analysis (Indicators)
Bullish Trend Analysis
The Stochastic Oscillator shows that the ticker has stayed in the oversold zone for 3 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 PINS advanced for three days, in of 275 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 210 cases where PINS 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 Momentum Indicator moved below the 0 level on September 13, 2023. You may want to consider selling the stock, shorting the stock, or exploring put options on PINS as a result. In of 84 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 PINS turned negative on September 13, 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 47 similar instances when the indicator turned negative. In of the 47 cases the stock turned lower in the days that followed. This puts the odds of success at .
PINS moved below its 50-day moving average on September 13, 2023 date and that indicates a change from an upward trend to a downward trend.
The 10-day moving average for PINS crossed bearishly below the 50-day moving average on September 15, 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 PINS declined for three days, the price rose further in of 62 cases within the following month. The odds of a continued downward trend are .
Fundamental Analysis (Ratings)
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 Price Growth Rating for this company is (best 1 - 100 worst), indicating steady price growth. PINS’s price grows at a higher rate over the last 12 months as compared to S&P 500 index constituents.
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 (6.519) is normal, around the industry mean (17.234). PINS's P/E Ratio (312.500) is considerably higher than the industry average of (41.446). Projected Growth (PEG Ratio) (1.566) is also within normal values, averaging (3.543). Dividend Yield (0.000) settles around the average of (0.025) among similar stocks. P/S Ratio (6.158) is also within normal values, averaging (8.690).
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. PINS’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 93, placing this stock worse than average.
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Industry description
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High and low price notable news
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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
an operator of a pinboard-style photo-sharing website
Industry InternetSoftwareServices
PINS and
Correlation & Price change
A.I.dvisor indicates that over the last year, PINS has been loosely correlated with SNAP. These tickers have moved in lockstep 60% of the time. This A.I.-generated data suggests there is some statistical probability that if PINS jumps, then SNAP could also see price increases.
| Ticker / NAME | Correlation To PINS | 1D Price Change % | ||
|---|---|---|---|---|
| PINS | 100% | +3.05% | ||
| SNAP - PINS | 60% Loosely correlated | +0.28% | ||
| GOOG - PINS | 50% Loosely correlated | -3.05% | ||
| GOOGL - PINS | 50% Loosely correlated | -3.12% | ||
| SPOT - PINS | 49% Loosely correlated | +0.39% | ||
| KIND - PINS | 46% Loosely correlated | -2.08% | ||
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