Our robot factory's top-performing AI trading robot, which can be found at Day Trader: Medium Volatility Stocks for Active Trading (TA&FA), produced a 7.03% return for ROKU during the last week.
Last week, an AI trading robot generated 7.03% growth for $ROKU, which is an impressive feat in today's highly volatile stock market. The robot's success was due in part to the analysis of ROKU's recent price action.
ROKU moved above its 50-day moving average on March 27, 2023, indicating a change from a downward trend to an upward trend. This is a bullish signal for traders and investors as it suggests that the stock's price may continue to increase in the near future.
To validate this claim, we looked at historical data to see how ROKU performed in similar situations. Our analysis revealed that in 30 of 32 similar past instances, the stock price increased further within the following month. This suggests that the odds of a continued upward trend are 90%, which is a highly favorable outcome for investors.
Moreover, the AI trading robot's ability to analyze large amounts of data in real-time allowed it to quickly identify the change in trend for ROKU and capitalize on it. The robot was able to buy ROKU at an opportune time and sell it for a profit, resulting in the impressive 7.03% growth in just one week.
This highlights the power of AI trading robots in today's stock market. With their ability to process vast amounts of data and make informed decisions based on historical trends, they have the potential to outperform human traders and investors.
Overall, ROKU's recent performance and the success of the AI trading robot demonstrate the importance of technical analysis in the stock market. By analyzing past price action and identifying trends, traders and investors can make informed decisions and increase their chances of success.
ROKU's Aroon Indicator triggered a bullish signal on September 30, 2024. 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 172 similar instances where the Aroon Indicator showed a similar pattern. In of the 172 cases, the stock moved higher in the days that followed. This puts the odds of a move higher at .
The Stochastic Oscillator is in the oversold zone. Keep an eye out for a move up in the foreseeable future.
Following a 3-day Advance, the price is estimated to grow further. Considering data from situations where ROKU advanced for three days, in of 298 cases, the price rose further within the following month. The odds of a continued upward trend are .
ROKU may jump back above the lower band and head toward the middle band. Traders may consider buying the stock or exploring call options.
The 10-day RSI Indicator for ROKU moved out of overbought territory on October 09, 2024. This could be a bearish sign for the stock. Traders may want to consider selling the stock or buying put options. Tickeron's A.I.dvisor looked at 33 similar instances where the indicator moved out of overbought territory. In of the 33 cases, the stock moved lower in the following days. This puts the odds of a move lower at .
The Momentum Indicator moved below the 0 level on October 22, 2024. You may want to consider selling the stock, shorting the stock, or exploring put options on ROKU as a result. In of 94 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 ROKU turned negative on September 26, 2024. 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 48 similar instances when the indicator turned negative. In of the 48 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 ROKU declined for three days, the price rose further in of 62 cases within the following month. The odds of a continued downward trend are .
The Tickeron Price Growth Rating for this company is (best 1 - 100 worst), indicating steady price growth. ROKU’s price grows at a higher rate over the last 12 months as compared to S&P 500 index constituents.
The Tickeron Valuation Rating of (best 1 - 100 worst) indicates that the company is slightly 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 (3.962) is normal, around the industry mean (5.952). P/E Ratio (66.667) is within average values for comparable stocks, (90.982). Projected Growth (PEG Ratio) (0.000) is also within normal values, averaging (2.987). Dividend Yield (0.000) settles around the average of (0.039) among similar stocks. P/S Ratio (2.609) is also within normal values, averaging (30.667).
The Tickeron Seasonality Score of (best 1 - 100 worst) indicates that the company is significantly overvalued 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 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 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. ROKU’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 86, placing this stock worse than average.
The average fundamental analysis ratings, where 1 is best and 100 is worst, are as follows
a developer of applications for digital media
Industry MoviesEntertainment