Last week, AI robot leaders earned 1.33%. (OCGN +7%, $0.8), (AMC +6%, $5.12)
Last week, AI robot leaders earned 1.33%. The S&P index closed with a 1.28% increase, reaching 4,137.64 points. Some AI robots showed more significant dynamics, notably the Swing Trader ($2.5K per position): High Volatility Stocks for Active Trading (TA&FA). This robot caters to traders who prefer trading in high volatility stocks and aims to prevent significant losses during downtrends. It balances short and long positions using a combination of technical indicators to identify reversal points.
Equipped with a basic risk management strategy tailored for a trading balance of $100,000 and a position size of $2,500 per trade, traders can adjust their trading balance according to their needs. For instance, if the trading balance is changed to $50,000, the position size will automatically adjust to $1,250. The robot is suitable for active traders who have enough time to track 40-50 trades at once. The average trade duration is one day, allowing users to utilize their capital efficiently and avoid getting stuck in a trade for an extended period.
To select stocks, the robot uses a proprietary method developed by a team of quants to assess the strength and quality of momentum of the most active US stocks. Furthermore, a complex algorithm consisting of a pool of technical indicators processed using neural networks determines the entry points to the position.
The robot places a fixed "Take profit" order at the level of 3.5% of the position opening price and uses two options to exit a position: a fixed stop loss of 3% of the position opening price and a flexible trailing stop that enables traders to retain most of their profit if the market reverses.
This robot earned over 1.3% last week, following a market-neutral strategy that enables traders to earn profits consistently on virtually any behavior of the stock market. The Swing Trader, Popular Stocks ($1.5K per position): Long Bias Strategy (TA&FA) also showed a profitability of over 1.28%.
Currently, robots are mostly in long positions and waiting for the continuation of the upward trend. It is recommended to hold multiple robots in a portfolio to achieve more stable profits and distribute funds into diverse positions.
I would like to draw attention to OCGN and AMC stocks, which showed growth of 7% and 6%, respectively, last week. These stocks are typically highly volatile, providing good opportunities for robots to earn profits. OCGN is available on the Day Trader Medium Volatility Stocks for Active Trading (TA&FA), while AMC is available on the Swing Trader Long-Short Equity Strategy (TA&FA) .
Several factors are expected to influence the market next week, notably the release of March's construction data on Tuesday and unemployment data on Thursday. In general, the week is expected to be calm, with a continuation of the gradual upward trend. Good luck with your trades!
AMC's MACD Histogram crosses above signal line
The Moving Average Convergence Divergence (MACD) for AMC turned positive on April 18, 2024. Looking at past instances where AMC's MACD turned positive, the stock continued to rise in of 37 cases over the following month. The odds of a continued upward trend are .
Technical Analysis (Indicators)
Bullish Trend Analysis
The RSI Oscillator points to a transition from a downward trend to an upward trend -- in cases where AMC's RSI Oscillator exited the oversold zone, of 44 resulted in an increase in price. Tickeron's analysis proposes that the odds of a continued upward trend are .
The Momentum Indicator moved above the 0 level on April 19, 2024. You may want to consider a long position or call options on AMC as a result. In of 78 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 AMC advanced for three days, in of 251 cases, the price rose further within the following month. The odds of a continued upward trend are .
Bearish Trend Analysis
The Stochastic Oscillator has been in the overbought zone for 2 days. 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 AMC declined for three days, the price rose further in of 62 cases within the following month. The odds of a continued downward trend are .
AMC broke above its upper Bollinger Band on April 22, 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 Aroon Indicator for AMC entered a downward trend on April 23, 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.
Fundamental Analysis (Ratings)
The Tickeron Valuation Rating of (best 1 - 100 worst) indicates that the company is slightly undervalued 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 (0.000) is normal, around the industry mean (5.400). P/E Ratio (0.000) is within average values for comparable stocks, (87.119). Projected Growth (PEG Ratio) (0.000) is also within normal values, averaging (2.822). AMC has a moderately low Dividend Yield (0.000) as compared to the industry average of (0.040). P/S Ratio (0.124) is also within normal values, averaging (29.645).
The Tickeron PE Growth Rating for this company is (best 1 - 100 worst), pointing to consistent 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 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 Price Growth Rating for this company is (best 1 - 100 worst), indicating slightly worse than average price growth. AMC’s price grows at a lower 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. AMC’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 89, placing this stock worse than average.
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a holding company with interest in movie theatres
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