Efficient Robot Factory Yields 5.69% Gain in 3 RIVN Trades
The Swing Trader: Deep Trend Analysis v.2 (TA) is an AI-powered trading robot that has caught the attention of traders due to its exceptional performance. In this article, we will delve into the capabilities of this robot and analyze its recent achievements, as well as provide insights into the earnings results of the stock it traded - RIVN.
AI Trading Robot: Swing Trader: Deep Trend Analysis v.2 (TA) is a cutting-edge trading robot developed in our factory. Equipped with advanced artificial intelligence algorithms, it has demonstrated its ability to generate impressive gains for traders. Over the previous month, this robot delivered a remarkable 5.69% gain through just three trades, focusing on RIVN.
Analyzing RIVN's Momentum Indicator: On May 4, 2023, RIVN's Momentum Indicator moved above the 0 level, signaling a potential shift towards an upward trend. This development caught the attention of traders, who began considering buying the stock or purchasing call options. To provide further insight, Tickeron's A.I.dvisor examined 22 similar instances where the indicator turned positive. In an impressive 18 out of 22 cases, the stock moved higher in the following days, indicating an 82% probability of a move higher.
Earnings Results: Analyzing the recent earnings report released on May 9, RIVN reported earnings per share of -125 cents, surpassing the estimated value of -161 cents. This positive surprise in earnings is noteworthy and may have contributed to the stock's favorable momentum. With 14.92 million shares outstanding, RIVN currently boasts a market capitalization of 14.22 billion dollars.
The Swing Trader: Deep Trend Analysis v.2 (TA) has emerged as one of the top-performing trading robots in our factory, impressing traders with its ability to generate significant gains. Its success in trading RIVN, a stock exhibiting favorable indicators such as the Momentum Indicator turning positive, further reinforces its reliability. Additionally, RIVN's recent earnings report showcased better-than-expected earnings per share, adding to the positive sentiment surrounding the stock.
While past performance cannot guarantee future results, the Swing Trader: Deep Trend Analysis v.2 (TA) and the encouraging indicators associated with RIVN make it an enticing opportunity for traders seeking potential profit.
Momentum Indicator for RIVN turns negative, indicating new downward trend
RIVN saw its Momentum Indicator move below the 0 level on September 19, 2023. This is an indication that the stock could be shifting in to a new downward move. Traders may want to consider selling the stock or exploring put options. Tickeron's A.I.dvisor looked at 26 similar instances where the indicator turned negative. In of the 26 cases, the stock moved further down in the following days. The odds of a decline are at .
Technical Analysis (Indicators)
Bearish Trend Analysis
The Moving Average Convergence Divergence Histogram (MACD) for RIVN turned negative on September 20, 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 18 similar instances when the indicator turned negative. In of the 18 cases the stock turned lower in the days that followed. This puts the odds of success at .
RIVN moved below its 50-day moving average on September 19, 2023 date and that indicates a change from an upward trend to a downward trend.
The 10-day moving average for RIVN crossed bearishly below the 50-day moving average on August 22, 2023. This indicates that the trend has shifted lower and could be considered a sell signal. In of 3 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 RIVN declined for three days, the price rose further in of 62 cases within the following month. The odds of a continued downward trend are .
Bullish Trend Analysis
The RSI Indicator points to a transition from a downward trend to an upward trend -- in cases where RIVN's RSI Oscillator exited the oversold zone, of 12 resulted in an increase in price. Tickeron's analysis proposes that the odds of a continued upward trend are .
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 RIVN advanced for three days, in of 85 cases, the price rose further within the following month. The odds of a continued upward trend are .
RIVN may jump back above the lower band and head toward the middle band. Traders may consider buying the stock or exploring call options.
The Aroon Indicator entered an Uptrend today. In of 30 cases where RIVN Aroon's Indicator entered an Uptrend, the price rose further within the following month. The odds of a continued Uptrend are .
Fundamental Analysis (Ratings)
The Tickeron Price Growth Rating for this company is (best 1 - 100 worst), indicating steady price growth. RIVN’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 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 (1.710) is normal, around the industry mean (6.710). P/E Ratio (0.000) is within average values for comparable stocks, (20.510). Projected Growth (PEG Ratio) (0.000) is also within normal values, averaging (5.666). RIVN has a moderately low Dividend Yield (0.000) as compared to the industry average of (0.040). P/S Ratio (6.588) is also within normal values, averaging (49.647).
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 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 Profit vs. Risk Rating rating for this company is (best 1 - 100 worst), indicating that the returns do not compensate for the risks. RIVN’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 85, 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
Industry MotorVehicles
RIVN and
Correlation & Price change
A.I.dvisor indicates that over the last year, RIVN has been closely correlated with LCID. These tickers have moved in lockstep 69% of the time. This A.I.-generated data suggests there is a high statistical probability that if RIVN jumps, then LCID could also see price increases.
| Ticker / NAME | Correlation To RIVN | 1D Price Change % | ||
|---|---|---|---|---|
| RIVN | 100% | +5.35% | ||
| LCID - RIVN | 69% Closely correlated | +3.51% | ||
| TSLA - RIVN | 57% Loosely correlated | -1.16% | ||
| FSR - RIVN | 55% Loosely correlated | +9.60% | ||
| NIO - RIVN | 54% Loosely correlated | +0.72% | ||
| PSNY - RIVN | 53% Loosely correlated | +10.09% | ||
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