AI Trading Robot by Day Trader Popular Stocks ($1.4K per position) has been performing exceptionally well in our robot factory by implementing a Long Bias Strategy that combines both Technical Analysis (TA) and Fundamental Analysis (FA). The robot generated an impressive return of 9.48% for TSLA over the course of a month, highlighting the effectiveness of the robot's investment approach.
The Aroon Indicator, a popular technical analysis tool, recently triggered a bullish signal on TSLA on April 12, 2023. Tickeron's AI Trading Advisor analyzed the Aroon Indicator and detected that the AroonUp green line was above 70, while the AroonDown red line was below 30. This pattern typically suggests that the stock is gearing up for a bullish move, and traders may want to consider buying the stock or buying call options.
To further validate the Aroon Indicator's bullish signal, the AI Trading Advisor analyzed 299 similar instances where the Aroon Indicator showed a similar pattern. The results showed that in 257 of those cases, the stock moved higher in the following days, indicating a probability of 86% for the stock to move higher.
However, it's essential to consider TSLA's recent earnings report, which was released on April 19, 2023. The report showed that the earnings per share (EPS) for TSLA were 85 cents, missing the estimate of 86 cents. Although TSLA missed the EPS estimate, it's worth noting that TSLA's current market capitalization sits at 520.78B with 122.02M shares outstanding.
AI Trading Robot by Day Trader Popular Stocks ($1.4K per position) has been generating impressive returns by implementing a Long Bias Strategy that combines both TA and FA. The recent bullish signal triggered by the Aroon Indicator on TSLA, along with the AI Trading Advisor's analysis, suggests a high probability of TSLA moving higher. However, investors should also take into account TSLA's recent earnings report while making investment decisions.
TSLA 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 32 cases where TSLA's price broke its lower Bollinger Band, its price rose further in the following month. The odds of a continued upward trend are .
The RSI Indicator points to a transition from a downward trend to an upward trend -- in cases where TSLA's RSI Oscillator exited the oversold zone, of 28 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 6 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 +1 3-day Advance, the price is estimated to grow further. Considering data from situations where TSLA advanced for three days, in of 348 cases, the price rose further within the following month. The odds of a continued upward trend are .
The Momentum Indicator moved below the 0 level on April 10, 2024. You may want to consider selling the stock, shorting the stock, or exploring put options on TSLA as a result. In of 73 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 TSLA turned negative on April 16, 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 43 similar instances when the indicator turned negative. In of the 43 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 TSLA 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 TSLA entered a downward trend on April 24, 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 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 Profit vs. Risk Rating rating for this company is (best 1 - 100 worst), indicating well-balanced risk and returns. The average Profit vs. Risk Rating rating for the industry is 85, placing this stock slightly better than average.
The Tickeron Price Growth Rating for this company is (best 1 - 100 worst), indicating fairly steady price growth. TSLA’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 slightly better 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 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 (8.905) is normal, around the industry mean (6.005). P/E Ratio (40.726) is within average values for comparable stocks, (18.064). Projected Growth (PEG Ratio) (2.067) is also within normal values, averaging (5.553). TSLA has a moderately low Dividend Yield (0.000) as compared to the industry average of (0.043). P/S Ratio (6.305) is also within normal values, averaging (74.209).
The average fundamental analysis ratings, where 1 is best and 100 is worst, are as follows
a manufacturer of electric sports cars
Industry MotorVehicles