The AI trading robot, Swing Trader, Long Only: Valuation & Seasonality Model (TA&FA) has shown impressive results with a 5.01% gain for HZO over the course of the previous week.
Last week, an AI trading robot generated a gain of 5.01% for HZO, the stock of marine and powersports dealer, MarineMax Inc. This is a remarkable achievement in the world of trading, especially considering the fact that the AI trading robot is a machine that uses advanced algorithms to analyze data and make trading decisions.
One of the key indicators used by the AI trading robot to make its decision was the RSI (Relative Strength Index) Indicator. This indicator moved out of oversold territory on March 27, 2023, which could be a sign that the stock is shifting from a downward trend to an upward trend. This is a bullish signal that traders may want to pay attention to.
To validate this signal, the AI trading robot analyzed 20 similar instances when the RSI Indicator left oversold territory, and found that in 17 of these cases, the stock moved higher. This means that the odds of a move higher are 85%, which is a compelling statistic for traders.
It's important to note that the AI trading robot doesn't make decisions based solely on one indicator. It uses a combination of technical indicators and machine learning algorithms to identify patterns in the market and make trading decisions. This approach allows the robot to analyze vast amounts of data in real-time and make trades based on a multitude of factors.
The earnings results for MarineMax Inc. were also positive, which further supports the AI trading robot's decision to invest in HZO. The company reported a net income of $34.1 million for the quarter ended December 31, 2022, compared to $24.1 million for the same period last year. This represents a significant increase in earnings, which bodes well for the company's future prospects.
The AI trading robot's decision to invest in HZO was based on a combination of technical indicators and machine learning algorithms. The bullish signal from the RSI Indicator, coupled with the positive earnings results for MarineMax Inc., made for a compelling investment opportunity. The robot's success in generating a 5.01% gain for HZO last week is a testament to the power of AI in trading.
HZO's Aroon Indicator triggered a bullish signal on May 26, 2023. Tickeron's A.I.dvisor detected that the AroonUp green line is above 70 while the AroonDown red line is below 30. When the up indicator moves above 70 and the down indicator remains below 30, it is a sign that the stock could be setting up for a bullish move. Traders may want to buy the stock or look to buy calls options. A.I.dvisor looked at 202 similar instances where the Aroon Indicator showed a similar pattern. In of the 202 cases, the stock moved higher in the days that followed. This puts the odds of a move higher at .
The Momentum Indicator moved above the 0 level on May 23, 2023. You may want to consider a long position or call options on HZO as a result. In of 100 past instances where the momentum indicator moved above 0, the stock continued to climb. The odds of a continued upward trend are .
HZO moved above its 50-day moving average on May 17, 2023 date and that indicates a change from a downward trend to an upward trend.
The 10-day moving average for HZO crossed bullishly above the 50-day moving average on May 16, 2023. This indicates that the trend has shifted higher and could be considered a buy signal. In of 21 past instances when the 10-day crossed above the 50-day, the stock continued to move higher 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 HZO advanced for three days, in of 326 cases, the price rose further within the following month. The odds of a continued upward trend are .
The Stochastic Oscillator may be shifting from an upward trend to a downward trend. In of 63 cases where HZO's Stochastic Oscillator exited the overbought zone, the price fell further within the following 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 HZO declined for three days, the price rose further in of 62 cases within the following month. The odds of a continued downward trend are .
HZO broke above its upper Bollinger Band on April 28, 2023. 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 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 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 (0.741) is normal, around the industry mean (14.004). P/E Ratio (4.049) is within average values for comparable stocks, (25.199). Projected Growth (PEG Ratio) (0.000) is also within normal values, averaging (2.419). HZO has a moderately low Dividend Yield (0.000) as compared to the industry average of (0.037). P/S Ratio (0.278) is also within normal values, averaging (68.433).
The Tickeron Price Growth Rating for this company is (best 1 - 100 worst), indicating fairly steady price growth. HZO’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 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. HZO’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