Last week, an AI trading robot produced a 3.42% increase in MULN's earnings.
This AI trading robot, available at Swing Trader: High Volatility Stocks for Active Trading (TA&FA), was a top performer in our robot factory, generating a 3.42% gain in just 6 trades while trading MULN over the past week.
As a technical analyst, it's important to analyze various indicators and trends to provide insights on the potential earning results of a stock. Last week, an AI trading robot produced a 3.42% increase in MULN's earnings, which could be an interesting development for investors. Let's delve deeper into the technical analysis of MULN's earnings based on the RSI Oscillator and historical data.
The RSI Oscillator is a popular momentum oscillator that measures the speed and change of price movements. It ranges from 0 to 100, with readings below 30 generally considered as oversold territory, and readings above 70 considered as overbought territory. On March 30, 2023, the RSI Oscillator for MULN moved out of oversold territory, indicating that the stock may be shifting from a downward trend to an upward trend. This could be a positive sign for traders and investors.
To further assess the potential earning results, the A.I.dvisor looked at 44 similar instances when the RSI Oscillator for MULN left oversold territory. Out of these 44 cases, the stock moved higher in 38 instances, suggesting that there is an 86% probability of a move higher in this scenario. This historical analysis provides additional evidence that MULN may be poised for an upward trend in earnings.
Based on these technical indicators and historical data, traders may consider buying the stock or call options for MULN. The RSI Oscillator moving out of oversold territory could indicate a potential reversal in the stock's trend, and the historical data suggests a higher probability of a move higher in earnings. However, it's important to note that technical analysis is not foolproof and should be used in conjunction with other fundamental and risk management factors.
Last week's 3.42% increase in MULN's earnings, coupled with the RSI Oscillator moving out of oversold territory and historical data indicating a higher probability of a move higher, could be positive signs for traders and investors. It's crucial to conduct further research and analysis to make informed investment decisions, and consider consulting with a qualified financial professional before making any trading or investment decisions.
MULN in -20.34% downward trend, falling for three consecutive days on May 30, 2023
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 MULN declined for three days, in of 378 cases, the price declined further within the following month. The odds of a continued downward trend are .
Technical Analysis (Indicators)
Bearish Trend Analysis
The Aroon Indicator for MULN entered a downward trend on May 30, 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.
Bullish Trend Analysis
The RSI Indicator shows that the ticker has stayed in the oversold zone for 14 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 Uptrend is expected.
The Stochastic Oscillator shows that the ticker has stayed in the oversold zone for 22 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.
MULN may jump back above the lower band and head toward the middle band. Traders may consider buying the stock or exploring call options.
Fundamental Analysis (Ratings)
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 (0.775) is normal, around the industry mean (9.572). P/E Ratio (0.003) is within average values for comparable stocks, (95.986). Projected Growth (PEG Ratio) (0.000) is also within normal values, averaging (5.867). MULN has a moderately low Dividend Yield (0.000) as compared to the industry average of (0.041). P/S Ratio (0.000) is also within normal values, averaging (73.631).
The Tickeron Price Growth Rating for this company is (best 1 - 100 worst), indicating slightly worse than average price growth. MULN’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 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. MULN’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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High and low price notable news
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Fundamental Analysis Ratings
The average fundamental analysis ratings, where 1 is best and 100 is worst, are as follows
General Information
Industry MotorVehicles
MULN and
Correlation & Price change
A.I.dvisor tells us that MULN and AYRO have been poorly correlated (+26% of the time) for the last year. This A.I.-generated data suggests there is low statistical probability that MULN and AYRO's prices will move in lockstep.
| Ticker / NAME | Correlation To MULN | 1D Price Change % | ||
|---|---|---|---|---|
| MULN | 100% | -6.05% | ||
| AYRO - MULN | 26% Poorly correlated | +6.02% | ||
| F - MULN | 25% Poorly correlated | +4.14% | ||
| RIVN - MULN | 23% Poorly correlated | -1.78% | ||
| GM - MULN | 23% Poorly correlated | +0.21% | ||
| STLA - MULN | 23% Poorly correlated | -1.01% | ||
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