Impressive 5.03% Profit Earned by AI Trading Robot for CENN
Swing Trader: High Volatility Stocks for Active Trading (TA&FA), an AI trading robot, has emerged as a top performer in Tickeron's robot factory over the past week, generating an impressive 5.03% return for CENN.
This is a significant achievement, as the robot is designed to analyze the market and identify trading opportunities in high volatility stocks using both technical and fundamental analysis.
According to the robot's analysis, CENN may be poised for a rebound. The stock has recently fallen below its lower Bollinger Band, which is a technical indicator that measures the volatility of a stock's price relative to its moving average. However, in 30 of the 33 cases where CENN's price broke its lower Bollinger Band, the price rose further in the following month. This suggests that the odds of a continued upward trend for CENN are high, with a probability of 90%.
Traders who are looking to take advantage of this potential opportunity may want to consider buying CENN or exploring call options. However, it's important to note that investing always carries some degree of risk, and traders should exercise caution and perform their due diligence before making any investment decisions.
Overall, the success of Swing Trader: High Volatility Stocks for Active Trading (TA&FA) in generating returns for CENN is a testament to the power of AI and machine learning in financial markets. As technology continues to advance, we can expect to see more sophisticated trading algorithms and robots emerge, providing traders with even more opportunities to profit from the markets.
CENN in upward trend: price rose above 50-day moving average on October 25, 2024
CENN moved above its 50-day moving average on October 25, 2024 date and that indicates a change from a downward trend to an upward trend. In of 33 similar past instances, the stock price increased further within the following month. The odds of a continued upward trend are .
Technical Analysis (Indicators)
Bullish Trend Analysis
The Momentum Indicator moved above the 0 level on October 04, 2024. You may want to consider a long position or call options on CENN as a result. In of 82 past instances where the momentum indicator moved above 0, the stock continued to climb. The odds of a continued upward trend are .
Following a +1 3-day Advance, the price is estimated to grow further. Considering data from situations where CENN advanced for three days, in of 185 cases, the price rose further within the following month. The odds of a continued upward trend are .
The Aroon Indicator entered an Uptrend today. In of 71 cases where CENN Aroon's Indicator entered an Uptrend, the price rose further within the following month. The odds of a continued Uptrend are .
Bearish Trend Analysis
The RSI Indicator has been in the overbought zone for 1 day. Expect a price pull-back in the near future.
The Stochastic Oscillator has been in the overbought zone for 1 day. Expect a price pull-back in the near future.
Following a 3-day decline, the stock is projected to fall further. Considering past instances where CENN declined for three days, the price rose further in of 62 cases within the following month. The odds of a continued downward trend are .
CENN broke above its upper Bollinger Band on October 24, 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 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 (0.327) is normal, around the industry mean (6.019). P/E Ratio (0.000) is within average values for comparable stocks, (18.031). Projected Growth (PEG Ratio) (0.000) is also within normal values, averaging (5.553). CENN has a moderately low Dividend Yield (0.000) as compared to the industry average of (0.043). P/S Ratio (2.829) is also within normal values, averaging (76.807).
The Tickeron Price Growth Rating for this company is (best 1 - 100 worst), indicating steady price growth. CENN’s price grows at a higher 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. CENN’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.
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.
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General Information
a manufacturer of intimate apparel and swimwear
Industry MotorVehicles