How a Trader Robot Outperformed with +4.46% Profits on $ASTR in Just One Week.
One such innovation is the use of AI trading robots, capable of executing complex strategies with precision and efficiency. In this article, we will analyze the recent earnings results of an AI trading bot, namely the "Swing trader: Volatility Balanced Strategy v.2 (TA)," and delve into its successful performance while trading ASTR (Astronomy Technologies Corp) over the course of the previous week. Additionally, we will explore the significance of the Moving Average Convergence Divergence (MACD) indicator and its positive signal for ASTR, which may provide valuable insights for traders and investors alike.
Impressive Gains by the AI Trading Bot
The AI trading bot, Swing trader: Volatility Balanced Strategy v.2 (TA), has demonstrated its prowess in navigating the financial markets, achieving a remarkable gain of +4.46% while trading ASTR during the previous week. This significant gain underscores the potential of AI-powered algorithms in generating profits within a relatively short timeframe.
Automated Trading Factories
AI-powered trading bots are often likened to bot factories due to their ability to process vast amounts of data, analyze market trends, and execute trades automatically. These bots are designed to implement specific strategies, such as the Volatility Balanced Strategy v.2, which allows them to capitalize on price fluctuations and market opportunities that may be challenging for human traders to identify and exploit.
Positive MACD Signal for ASTR
On July 07, 2023, the Moving Average Convergence Divergence (MACD) indicator for ASTR turned positive. The MACD is a widely used technical indicator that helps traders identify momentum and potential trend reversals in a stock's price. When the MACD line crosses above the signal line, as observed in the case of ASTR, it indicates a bullish signal.
Historical Analysis of Positive MACD Signals
To gauge the potential impact of ASTR's positive MACD signal, historical data was examined to find instances where similar crossovers occurred. The results revealed that in 19 out of 21 cases where ASTR's MACD turned positive, the stock continued to rise over the following month. This historical pattern indicates a remarkable 90% probability of a continued upward trend for ASTR in the near future.
Summary
The success of the Swing trader: Volatility Balanced Strategy v.2 (TA) AI trading bot in generating a +4.46% gain while trading ASTR during the previous week highlights the immense potential of AI-driven algorithms in navigating the financial markets. These bots, often referred to as bot factories, demonstrate their ability to outperform traditional trading methods and capitalize on market opportunities. Furthermore, the positive MACD signal for ASTR indicates a high likelihood of a continued upward trend, based on historical analysis. As AI technology continues to advance and infiltrate the financial industry, traders and investors can leverage these sophisticated tools to make informed decisions and enhance their trading strategies.
ASTR in upward trend: price may jump up because it broke its lower Bollinger Band on September 12, 2023
ASTR 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 18 cases where ASTR'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 RSI Indicator shows that the ticker has stayed in the oversold zone for 9 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.
The Stochastic Oscillator shows that the ticker has stayed in the oversold zone for 15 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.
The Moving Average Convergence Divergence (MACD) for ASTR just turned positive on September 29, 2023. Looking at past instances where ASTR's MACD turned positive, the stock continued to rise in of 23 cases over the following month. The odds of a continued upward trend are .
Following a 3-day Advance, the price is estimated to grow further. Considering data from situations where ASTR advanced for three days, in of 151 cases, the price rose further within the following month. The odds of a continued upward trend are .
Bearish Trend Analysis
The Momentum Indicator moved below the 0 level on September 11, 2023. You may want to consider selling the stock, shorting the stock, or exploring put options on ASTR as a result. In of 49 cases where the Momentum Indicator fell below 0, the stock fell further within the subsequent 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 ASTR 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 ASTR entered a downward trend on September 29, 2023. This could indicate a strong downward move is ahead for the stock. Traders may want to consider selling the stock or buying put options.
Fundamental Analysis (Ratings)
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 (1.254) is normal, around the industry mean (5.032). P/E Ratio (2.695) is within average values for comparable stocks, (300.860). Projected Growth (PEG Ratio) (0.000) is also within normal values, averaging (7.801). ASTR has a moderately low Dividend Yield (0.000) as compared to the industry average of (0.023). P/S Ratio (9.524) is also within normal values, averaging (166.517).
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 Price Growth Rating for this company is (best 1 - 100 worst), indicating slightly worse than average price growth. ASTR’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 Tickeron Profit vs. Risk Rating rating for this company is (best 1 - 100 worst), indicating that the returns do not compensate for the risks. ASTR’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 77, placing this stock worse than average.
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Market Cap
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 AerospaceDefense
ASTR and
Correlation & Price change
A.I.dvisor indicates that over the last year, ASTR has been loosely correlated with SPCE. These tickers have moved in lockstep 49% of the time. This A.I.-generated data suggests there is some statistical probability that if ASTR jumps, then SPCE could also see price increases.
| Ticker / NAME | Correlation To ASTR | 1D Price Change % | ||
|---|---|---|---|---|
| ASTR | 100% | N/A | ||
| SPCE - ASTR | 49% Loosely correlated | +4.65% | ||
| RKLB - ASTR | 48% Loosely correlated | +0.92% | ||
| MNTS - ASTR | 34% Loosely correlated | +54.62% | ||
| PL - ASTR | 31% Poorly correlated | +0.39% | ||
| SPR - ASTR | 31% Poorly correlated | -0.92% | ||
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