Swing Trader for Beginners: Trading in Markets Trending Down (TA&FA) has developed an AI trading robot that has been a top performer in Tickeron's robot factory over a week. This trading robot generated a significant return of 15.44% for the stock FSLR.
FSLR is an American energy company that designs and manufactures solar panels. The stock saw its Momentum Indicator move above the 0 level on May 12, 2023. The Momentum Indicator is a technical analysis tool that measures the speed and change of price movements. When the indicator moves above the 0 level, it indicates that the stock could be shifting into a new upward move.
Traders may want to consider buying the stock or buying call options based on this indication. Tickeron's A.I.dvisor, a tool that uses artificial intelligence to analyze stock market trends, looked at 88 similar instances where the Momentum Indicator turned positive. In 74 of the 88 cases, the stock moved higher in the following days. The odds of a move higher are at 84%.
However, it is important to consider the company's earnings report before making any investment decisions. The last earnings report on April 27 showed earnings per share of 40 cents, missing the estimate of $1.01. This indicates that the company did not perform as well as expected during the last quarter.
FSLR has 2.20 million shares outstanding, and the current market capitalization sits at $24.75 billion. This information is important for investors to consider because it shows the company's size and potential for growth.
The AI trading robot from Swing Trader for Beginners: Trading in Markets Trending Down (TA&FA) has generated a significant return for FSLR. The Momentum Indicator suggests that the stock could be shifting into a new upward move, and Tickeron's A.I.dvisor indicates an 84% chance of a move higher.
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 FSLR declined for three days, in of 289 cases, the price declined further within the following month. The odds of a continued downward trend are .
The Momentum Indicator moved below the 0 level on September 13, 2023. You may want to consider selling the stock, shorting the stock, or exploring put options on FSLR as a result. In of 88 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 FSLR turned negative on September 13, 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 47 similar instances when the indicator turned negative. In of the 47 cases the stock turned lower in the days that followed. This puts the odds of success at .
FSLR moved below its 50-day moving average on August 16, 2023 date and that indicates a change from an upward trend to a downward trend.
The 10-day moving average for FSLR crossed bearishly below the 50-day moving average on August 23, 2023. This indicates that the trend has shifted lower and could be considered a sell signal. In of 15 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 .
The Aroon Indicator for FSLR entered a downward trend on September 21, 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.
The RSI Indicator entered the oversold zone -- be on the watch for FSLR's price rising or consolidating in the future. That's also the time to consider buying the stock or exploring call options.
The Stochastic Oscillator shows that the ticker has stayed in the oversold zone for 7 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 FSLR advanced for three days, in of 322 cases, the price rose further within the following month. The odds of a continued upward trend are .
FSLR may jump back above the lower band and head toward the middle band. Traders may consider buying the stock or exploring call options.
The Tickeron Profit vs. Risk Rating rating for this company is (best 1 - 100 worst), indicating low risk on high returns. The average Profit vs. Risk Rating rating for the industry is 82, placing this stock better than average.
The Tickeron PE Growth Rating for this company is (best 1 - 100 worst), pointing to outstanding 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 steady price growth. FSLR’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 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 (2.874) is normal, around the industry mean (5.429). FSLR has a moderately high P/E Ratio (111.111) as compared to the industry average of (37.363). Projected Growth (PEG Ratio) (0.678) is also within normal values, averaging (1.598). FSLR has a moderately low Dividend Yield (0.000) as compared to the industry average of (0.025). P/S Ratio (5.797) is also within normal values, averaging (27.911).
The average fundamental analysis ratings, where 1 is best and 100 is worst, are as follows
a provider of photovoltaic solar energy solutions
A.I.dvisor indicates that over the last year, FSLR has been closely correlated with SPWR. These tickers have moved in lockstep 67% of the time. This A.I.-generated data suggests there is a high statistical probability that if FSLR jumps, then SPWR could also see price increases.