This AI trading robot, accessible at Day Trader, Popular Stocks: Long Bias Strategy (TA&FA), was one of the best in our robot factory, generating 5.72% for RIOT over the course of the previous week.
Last week, an AI trading robot produced a 5.72% increase in RIOT's earnings, which is a significant achievement in the world of trading. The rise in earnings can be attributed to various factors, including the overall market conditions and the recent technical analysis of the RIOT stock.
One of the most important technical indicators for traders is the moving average, which measures the average price of a stock over a specific time period. The 50-day moving average (MA) is a short-term moving average, while the 200-day MA is a long-term moving average. When the short-term MA crosses above the long-term MA, it can be seen as a bullish signal for the stock.
On March 16, 2023, the 50-day MA for RIOT moved above the 200-day MA, indicating a potential shift to an upward trend for the stock. This could be a long-term bullish signal for RIOT, as the stock has been in a downtrend for some time. This technical analysis, coupled with the AI trading robot's algorithm, helped produce the impressive increase in RIOT's earnings last week.
It's important to note that technical analysis alone cannot guarantee profitable trades, as market conditions and other factors can always impact a stock's performance. However, using technical analysis alongside AI trading robots can help traders make more informed decisions and potentially increase their earnings.
The recent increase in RIOT's earnings is a testament to the power of AI trading robots and technical analysis. The 50-day moving average crossing above the 200-day moving average on March 16th could be a long-term bullish signal for the stock, and traders should continue to monitor RIOT's performance and market conditions to make informed trading decisions.
RIOT's Aroon Indicator triggered a bullish signal on April 27, 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 196 similar instances where the Aroon Indicator showed a similar pattern. In of the 196 cases, the stock moved higher in the days that followed. This puts the odds of a move higher at .
The Stochastic Oscillator suggests the stock price trend may be in a reversal from a downward trend to an upward trend. of 62 cases where RIOT's Stochastic Oscillator exited the oversold zone 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 May 25, 2023. You may want to consider a long position or call options on RIOT as a result. In of 71 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 RIOT advanced for three days, in of 242 cases, the price rose further within the following month. The odds of a continued upward trend are .
Following a 3-day decline, the stock is projected to fall further. Considering past instances where RIOT 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. RIOT’s price grows at a higher 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. RIOT’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 78, placing this stock worse than average.
The Tickeron Valuation Rating of (best 1 - 100 worst) indicates that the company is significantly 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 (1.929) is normal, around the industry mean (3.582). P/E Ratio (75.188) is within average values for comparable stocks, (36.682). RIOT's Projected Growth (PEG Ratio) (0.000) is very low in comparison to the industry average of (2.233). RIOT has a moderately low Dividend Yield (0.000) as compared to the industry average of (0.038). P/S Ratio (7.241) is also within normal values, averaging (104.854).
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 average fundamental analysis ratings, where 1 is best and 100 is worst, are as follows
a financial conglomerate
|MFs / NAME||Price $||Chg $||Chg %|
|American Century Disciplined Growth R|
|Hartford AARP Balanced Retirement R3|
|American Funds AMCAP F3|
|American Century International Gr R5|
|VY® JPMorgan Emerging Markets Equity S2|
A.I.dvisor indicates that over the last year, RIOT has been closely correlated with MARA. These tickers have moved in lockstep 86% of the time. This A.I.-generated data suggests there is a high statistical probability that if RIOT jumps, then MARA could also see price increases.
|MARA - RIOT|
|HUT - RIOT|
|MSTR - RIOT|
|HIVE - RIOT|
|CLSK - RIOT|