BX, a stock in the financial sector, has recently moved below its 50-day moving average, indicating a change from an upward trend to a downward trend. According to Tickeron's robot factory, an AI trading robot from Swing Trader: Medium Volatility Stocks for Active Trading (TA&FA) was a top performer over the week, generating a return of 4.80% for BX.
However, past instances suggest that the odds of a continued downward trend are 79%. In 22 of 28 similar past instances, the stock price decreased further within the following month. Investors should proceed with caution and consider potential risks when making decisions related to BX.
Analyzing Earnings Results
The last earnings report for BX was released on April 20, showing earnings per share of 97 cents, beating the estimated earnings per share of 94 cents. This indicates that the company performed better than expected, which could be a positive factor for investors.
With 3.37 million shares outstanding, the current market capitalization of BX sits at 60.00 billion. This information could be valuable for investors who are interested in understanding the company's size and potential for growth.
Technical analysis and earnings results are both important factors that investors should consider when making investment decisions. While the AI trading robot from Swing Trader: Medium Volatility Stocks for Active Trading (TA&FA) generated a positive return for BX, the recent change in trend and historical data suggest potential risks. Additionally, the better-than-expected earnings per share could be a positive factor, but investors should continue to monitor the company's financial performance.
The Moving Average Convergence Divergence (MACD) for BX turned positive on May 22, 2023. Looking at past instances where BX's MACD turned positive, the stock continued to rise in of 47 cases over the following month. The odds of a continued upward trend are .
The Momentum Indicator moved above the 0 level on May 17, 2023. You may want to consider a long position or call options on BX as a result. In of 78 past instances where the momentum indicator moved above 0, the stock continued to climb. The odds of a continued upward trend are .
BX moved above its 50-day moving average on May 26, 2023 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 BX advanced for three days, in of 387 cases, the price rose further within the following month. The odds of a continued upward trend are .
The Stochastic Oscillator entered the overbought zone. Expect a price pull-back in the foreseeable future.
The 10-day moving average for BX crossed bearishly below the 50-day moving average on May 05, 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 BX declined for three days, the price rose further in of 62 cases within the following month. The odds of a continued downward trend are .
BX broke above its upper Bollinger Band on May 26, 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 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 Valuation Rating of (best 1 - 100 worst) indicates that the company is slightly 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: BX's P/B Ratio (9.009) is slightly higher than the industry average of (2.306). P/E Ratio (106.383) is within average values for comparable stocks, (73.258). Projected Growth (PEG Ratio) (2.566) is also within normal values, averaging (4.312). Dividend Yield (0.045) settles around the average of (0.073) among similar stocks. P/S Ratio (14.104) is also within normal values, averaging (44.603).
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 82, placing this stock better than average.
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 Price Growth Rating for this company is (best 1 - 100 worst), indicating fairly steady price growth. BX’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 average fundamental analysis ratings, where 1 is best and 100 is worst, are as follows
a provider of investment and fund management services
A.I.dvisor indicates that over the last year, BX has been closely correlated with KKR. These tickers have moved in lockstep 84% of the time. This A.I.-generated data suggests there is a high statistical probability that if BX jumps, then KKR could also see price increases.