Last month, an AI trading robot produced an 10.37% increase in TALO's earnings.
The best AI trading robot in our robot factory, Swing Trader, Long Only: Valuation & Efficiency Model for Energy Sector (TA&FA), generated a return of 10.37% for TALO during the past week.
Last month, an AI trading robot produced a significant 10.37% increase in TALO's earnings. As a technical analyst, let's delve into the technical indicators that the robot may have used to make its trading decisions.
One potential indicator is the RSI (Relative Strength Index) Oscillator for TALO. This oscillator measures the magnitude of recent price changes to evaluate overbought or oversold conditions in a stock. When the RSI moves out of oversold territory, it suggests that the stock is shifting from a downward trend to an upward trend.
In the case of TALO, the RSI Oscillator moved out of oversold territory on March 20, 2023. This is a promising sign that the stock may be on the upswing, and traders may want to consider buying the stock or call options.
To support this notion, the AI trading robot may have also looked at historical data. Specifically, the A.I.dvisor examined 38 instances where the RSI Oscillator left oversold territory for TALO. In 35 of those 38 cases, the stock moved higher. This suggests that there is a 90% chance that the stock will continue to move higher after leaving oversold territory.
Overall, the AI trading robot's decision to invest in TALO was supported by technical indicators such as the RSI Oscillator and historical data. While past performance is not a guarantee of future results, traders may want to consider these indicators when making their own investment decisions.
TALO in downward trend: price dove below 50-day moving average on September 20, 2023
TALO moved below its 50-day moving average on September 20, 2023 date and that indicates a change from an upward trend to a downward trend. In of 35 similar past instances, the stock price decreased further within the following month. The odds of a continued downward trend are .
Technical Analysis (Indicators)
Bearish Trend Analysis
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 TALO as a result. In of 77 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 TALO turned negative on August 18, 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 40 similar instances when the indicator turned negative. In of the 40 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 TALO declined for three days, the price rose further in of 62 cases within the following month. The odds of a continued downward trend are .
Bullish Trend Analysis
The RSI Oscillator points to a transition from a downward trend to an upward trend -- in cases where TALO's RSI Oscillator exited the oversold zone, of 40 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 5 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 50-day moving average for TALO moved above the 200-day moving average on September 13, 2023. This could be a long-term bullish signal for the stock as the stock shifts to an upward trend.
Following a 3-day Advance, the price is estimated to grow further. Considering data from situations where TALO advanced for three days, in of 306 cases, the price rose further within the following month. The odds of a continued upward trend are .
TALO may jump back above the lower band and head toward the middle band. Traders may consider buying the stock or exploring call options.
The Aroon Indicator entered an Uptrend today. In of 264 cases where TALO Aroon's Indicator entered an Uptrend, the price rose further within the following month. The odds of a continued Uptrend are .
Fundamental Analysis (Ratings)
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 Price Growth Rating for this company is (best 1 - 100 worst), indicating steady price growth. TALO’s price grows at a higher rate over the last 12 months as compared to S&P 500 index constituents.
The Tickeron Seasonality Score of (best 1 - 100 worst) indicates that the company is fair valued in the industry. The Tickeron Seasonality score describes the variance of predictable price changes around the same period every calendar year. These changes can be tied to a specific month, quarter, holiday or vacation period, as well as a meteorological or growing season.
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 (0.965) is normal, around the industry mean (6.189). P/E Ratio (4.110) is within average values for comparable stocks, (16.473). Projected Growth (PEG Ratio) (0.000) is also within normal values, averaging (2.534). Dividend Yield (0.000) settles around the average of (0.125) among similar stocks. P/S Ratio (1.140) is also within normal values, averaging (119.982).
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. TALO’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.
Notable companies
Industry description
Market Cap
High and low price notable news
Volume
Fundamental Analysis Ratings
The average fundamental analysis ratings, where 1 is best and 100 is worst, are as follows
General Information
an oil and gas exploration and production company
Industry OilGasProduction
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| VLSIX | 16.70 | 0.02 | +0.12% |
| Virtus KAR Long/Short Equity I | |||
| TRSGX | 34.34 | 0.01 | +0.03% |
| T. Rowe Price Spectrum Mod Gr Allc | |||
| RWIAX | 54.80 | N/A | N/A |
| American Funds Capital World Gr&Inc R1 | |||
| TSLIX | 5.14 | -0.01 | -0.19% |
| Transamerica Small Cap Value I | |||
| TEUIX | 22.30 | -0.08 | -0.36% |
| T. Rowe Price European Stock I | |||
TALO and
Correlation & Price change
A.I.dvisor indicates that over the last year, TALO has been closely correlated with CTRA. These tickers have moved in lockstep 75% of the time. This A.I.-generated data suggests there is a high statistical probability that if TALO jumps, then CTRA could also see price increases.
| Ticker / NAME | Correlation To TALO | 1D Price Change % | ||
|---|---|---|---|---|
| TALO | 100% | +1.46% | ||
| CTRA - TALO | 75% Closely correlated | -0.19% | ||
| MGY - TALO | 74% Closely correlated | -0.22% | ||
| MUR - TALO | 74% Closely correlated | +0.37% | ||
| PR - TALO | 74% Closely correlated | -1.13% | ||
| CPE - TALO | 74% Closely correlated | -0.78% | ||
More | ||||