BIOR's Performance Enhanced by Tickeron's Robot Factory, Earning 4.08%
This article examines the recent performance of this trading robot, highlighting its success in generating a substantial gain of 4.08% while trading BIOR over the previous week. Additionally, we explore the technical analysis surrounding BIOR's recent price movements and its potential for future growth.
Swing Trader: Volatility Balanced Strategy v.2 (TA): The Swing Trader: Volatility Balanced Strategy v.2 (TA) trading robot has proven to be one of the best performers in our robot factory. With its advanced algorithms and systematic approach to trading, it has consistently delivered impressive results. In the case of BIOR, the robot capitalized on the stock's volatility, resulting in a notable gain of 4.08% over the course of a single week. This success demonstrates the effectiveness of the Swing Trader robot in identifying and capitalizing on favorable trading opportunities.
Technical Analysis of BIOR's Recent Price Movements: BIOR has recently experienced a bullish trend, moving higher for three consecutive days. This pattern is often regarded as a positive indicator in technical analysis. Traders and investors tend to view such consecutive upward movements as a sign of potential future growth. Consequently, it is advisable to keep a close eye on BIOR and monitor its price action in the coming days.
Historical Data and Potential for Continued Upward Trend: To gain further insights into the potential future performance of BIOR, it is beneficial to examine historical data. In cases where BIOR has advanced for three consecutive days, the price has continued to rise further within the following month in approximately 78% of instances. This statistical evidence suggests a higher probability of a continued upward trend. Investors and traders may find this information useful in assessing the potential profitability of BIOR in the near future.
The Swing Trader: Volatility Balanced Strategy v.2 (TA) trading robot has exhibited remarkable performance, generating a gain of 4.08% while trading BIOR over the past week. Furthermore, the recent bullish trend in BIOR, characterized by three consecutive days of price increases, adds to the positive outlook. Historical data indicates that in the majority of cases, such price movements have been followed by further upward momentum. Considering these factors, it would be prudent for investors and traders to closely monitor BIOR for potential growth opportunities.
BIOR's Stochastic Oscillator is sitting in oversold zone for 4 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 uptrend is expected.
Technical Analysis (Indicators)
Bullish Trend Analysis
The RSI Indicator points to a transition from a downward trend to an upward trend -- in cases where BIOR's RSI Oscillator exited the oversold zone, of 45 resulted in an increase in price. Tickeron's analysis proposes that the odds of a continued upward trend are .
Following a +2 3-day Advance, the price is estimated to grow further. Considering data from situations where BIOR advanced for three days, in of 204 cases, the price rose further within the following month. The odds of a continued upward trend are .
BIOR may jump back above the lower band and head toward the middle band. Traders may consider buying the stock or exploring call options.
Bearish Trend Analysis
The Momentum Indicator moved below the 0 level on October 18, 2024. You may want to consider selling the stock, shorting the stock, or exploring put options on BIOR as a result. In of 64 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 BIOR turned negative on October 18, 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 36 similar instances when the indicator turned negative. In of the 36 cases the stock turned lower in the days that followed. This puts the odds of success at .
Following a 3-day decline, the stock is projected to fall further. Considering past instances where BIOR declined for three days, the price rose further in of 62 cases within the following month. The odds of a continued downward trend are .
The Aroon Indicator for BIOR entered a downward trend on October 25, 2024. 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 Valuation Rating of (best 1 - 100 worst) indicates that the company is seriously undervalued 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 (0.000) is normal, around the industry mean (12.657). P/E Ratio (0.000) is within average values for comparable stocks, (111.595). Projected Growth (PEG Ratio) (0.000) is also within normal values, averaging (1.971). BIOR has a moderately low Dividend Yield (0.000) as compared to the industry average of (0.012). P/S Ratio (25.974) is also within normal values, averaging (225.870).
The Tickeron Price Growth Rating for this company is (best 1 - 100 worst), indicating slightly worse than average price growth. BIOR’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 worse than 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 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. BIOR’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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General Information
a company which engages in the provision of molecular and specialized diagnostic tests to clinicians
Industry Biotechnology