This AI trading robot, accessible through Day Trader: Medium Volatility Stocks for Active Trading (TA&FA) has proven to be a top performer at our robot factory, generating an 11.24% return for PYPL over the past six months.
As a technical analyst, it is important to consider multiple indicators and metrics when evaluating a stock's performance. In this case, PYPL, the financial services company that operates the digital payments platform PayPal, has seen an 11.24% gain over the past six months, thanks to an AI trading robot.
One metric that indicates a potential bullish move for PYPL is the Aroon Indicator. The Aroon Indicator is a technical analysis tool that measures whether a stock is trending or trading in a range and identifies potential trend reversals. When the AroonUp green line is above 70 and the AroonDown red line is below 30, it suggests that the stock could be setting up for a bullish move.
On April 25, 2023, PYPL's Aroon Indicator triggered a bullish signal, as detected by Tickeron's A.I.dvisor. The A.I.dvisor analyzed 316 similar instances where the Aroon Indicator showed a similar pattern and found that in 255 of those cases, the stock moved higher in the days that followed. This puts the odds of a move higher for PYPL at 81%.
It is important to note that while the Aroon Indicator can provide valuable insights into a stock's potential performance, it should not be relied on as the sole indicator. Other technical indicators such as moving averages, relative strength index, and volume should also be considered to provide a more comprehensive analysis.
Additionally, it is important to consider PYPL's recent earnings results. In Q1 2023, PYPL reported revenue of $6.03 billion, an increase of 29% compared to the same period last year. Net income was $1.22 billion, up 24% year-over-year. The company's Venmo payment platform also saw strong growth, with transactions up 53% year-over-year.
These strong earnings results suggest that PYPL's core business is performing well and that the company is successfully capitalizing on the growing demand for digital payments. This positive momentum, combined with the bullish signal generated by the Aroon Indicator, could make PYPL an attractive option for traders looking to buy the stock or purchase call options. However, as with any investment, it is important to carefully evaluate the risks and potential rewards before making a decision.
Moving lower for three straight days is viewed as a bearish sign. Keep an eye on this stock for future declines. Considering data from situations where PYPL declined for three days, in of 275 cases, the price declined further within the following month. The odds of a continued downward trend are .
The 10-day RSI Indicator for PYPL moved out of overbought territory on April 01, 2024. This could be a bearish sign for the stock. Traders may want to consider selling the stock or buying put options. Tickeron's A.I.dvisor looked at 32 similar instances where the indicator moved out of overbought territory. In of the 32 cases, the stock moved lower in the following days. This puts the odds of a move lower at .
The Stochastic Oscillator may be shifting from an upward trend to a downward trend. In of 62 cases where PYPL's Stochastic Oscillator exited the overbought zone, the price fell further within the following month. The odds of a continued downward trend are .
PYPL broke above its upper Bollinger Band on April 30, 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 Aroon Indicator for PYPL entered a downward trend on April 29, 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 Momentum Indicator moved above the 0 level on April 26, 2024. You may want to consider a long position or call options on PYPL as a result. In of 86 past instances where the momentum indicator moved above 0, the stock continued to climb. The odds of a continued upward trend are .
The Moving Average Convergence Divergence (MACD) for PYPL just turned positive on April 29, 2024. Looking at past instances where PYPL's MACD turned positive, the stock continued to rise in of 48 cases over the following month. The odds of a continued upward trend are .
PYPL moved above its 50-day moving average on April 19, 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 PYPL advanced for three days, in of 316 cases, the price rose further within the following month. The odds of a continued upward trend are .
The Tickeron SMR rating for this company is (best 1 - 100 worst), indicating strong sales and a profitable 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 Price Growth Rating for this company is (best 1 - 100 worst), indicating steady price growth. PYPL’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 significantly 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 (3.310) is normal, around the industry mean (4.672). P/E Ratio (16.930) is within average values for comparable stocks, (53.143). Projected Growth (PEG Ratio) (0.600) is also within normal values, averaging (3.039). PYPL has a moderately low Dividend Yield (0.000) as compared to the industry average of (0.042). P/S Ratio (2.417) is also within normal values, averaging (4.549).
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. PYPL’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 76, placing this stock worse than average.
The average fundamental analysis ratings, where 1 is best and 100 is worst, are as follows
a provider of digital and mobile payments on behalf of consumers and merchants
Industry FinanceRentalLeasing