LCID's Value Soars by 5.58% with Tickeron's Automated Factory
The Swing Trader: Deep Trend Analysis v.2 (TA) robot is a prime example of how AI-powered trading systems can deliver impressive results. In this article, we will explore the recent performance of this AI trading robot, specifically focusing on its trading of LCID (Lucid Group Inc.), as well as analyzing LCID's recent earnings results.
Impressive Performance of the Swing Trader: Deep Trend Analysis v.2 (TA) Robot: the robot has gained significant attention in our robot factory due to its exceptional performance. Over the course of the previous month, while trading LCID, it generated a remarkable 5.58% gain. Such gains indicate the robot's ability to identify profitable trading opportunities and execute trades accordingly.
Positive MACD Signals Potential for Continued Upside: One key technical indicator that the Swing Trader: Deep Trend Analysis v.2 (TA) robot relies on is the Moving Average Convergence Divergence (MACD). On May 18, 2023, LCID's MACD turned positive, suggesting a potential shift in momentum and a bullish signal for the stock.
Analyzing historical instances where LCID's MACD turned positive, it is noteworthy that the stock continued to rise in 19 out of 21 cases over the following month. This historical trend highlights a strong correlation between positive MACD and sustained upward movements. Based on this data, there is a 90% probability of LCID experiencing a continued upward trend.
Earnings Analysis of Lucid Group Inc. (LCID): Examining the latest earnings report released on May 08, LCID reported earnings per share (EPS) of -43 cents, falling short of the estimated -38 cents. While the company missed expectations, it is essential to consider other factors beyond EPS alone when evaluating the overall financial health of a company.
With 6.80 million shares outstanding, the current market capitalization of LCID stands at 14.44 billion dollars. Market capitalization reflects the market's valuation of the company and is an important metric for investors to consider. It is worth noting that market capitalization does not solely rely on earnings performance but also takes into account various factors such as market sentiment, growth prospects, and industry trends.
The Swing Trader: Deep Trend Analysis v.2 (TA) robot has demonstrated its prowess by delivering a substantial gain while trading LCID. The positive MACD signal further reinforces the potential for continued upside movement in the stock. However, it is crucial to consider other fundamental factors, such as earnings performance, when evaluating the overall investment potential of Lucid Group Inc. (LCID).
Momentum Indicator for LCID turns negative, indicating new downward trend
LCID saw its Momentum Indicator move below the 0 level on September 07, 2023. This is an indication that the stock could be shifting in to a new downward move. Traders may want to consider selling the stock or exploring put options. Tickeron's A.I.dvisor looked at 48 similar instances where the indicator turned negative. In of the 48 cases, the stock moved further down in the following days. The odds of a decline are at .
Technical Analysis (Indicators)
Bearish Trend Analysis
The Moving Average Convergence Divergence Histogram (MACD) for LCID turned negative on September 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 26 similar instances when the indicator turned negative. In of the 26 cases the stock turned lower in the days that followed. This puts the odds of success at .
The 10-day moving average for LCID crossed bearishly below the 50-day moving average on August 15, 2023. This indicates that the trend has shifted lower and could be considered a sell signal. In of 7 past instances when the 10-day crossed below the 50-day, the stock continued to move higher over the following month. The odds of a continued downward trend are .
Following a 3-day decline, the stock is projected to fall further. Considering past instances where LCID 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 Aroon Indicator for LCID entered a downward trend on September 19, 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 entered the oversold zone -- be on the watch for LCID's price rising or consolidating in the future. That's also the time to consider buying the stock or exploring call options.
The Stochastic Oscillator demonstrated that the ticker has stayed in the oversold zone for 1 day, which means it's wise to expect a price bounce in the near future.
Following a 3-day Advance, the price is estimated to grow further. Considering data from situations where LCID advanced for three days, in of 147 cases, the price rose further within the following month. The odds of a continued upward trend are .
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 (2.107) is normal, around the industry mean (6.881). P/E Ratio (10.309) is within average values for comparable stocks, (20.943). Projected Growth (PEG Ratio) (0.000) is also within normal values, averaging (5.679). LCID has a moderately low Dividend Yield (0.000) as compared to the industry average of (0.040). P/S Ratio (13.038) is also within normal values, averaging (55.170).
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 Price Growth Rating for this company is (best 1 - 100 worst), indicating slightly worse than average price growth. LCID’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. LCID’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 85, placing this stock worse than average.
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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
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LCID and
Correlation & Price change
A.I.dvisor indicates that over the last year, LCID has been loosely correlated with RIVN. These tickers have moved in lockstep 66% of the time. This A.I.-generated data suggests there is some statistical probability that if LCID jumps, then RIVN could also see price increases.
| Ticker / NAME | Correlation To LCID | 1D Price Change % | ||
|---|---|---|---|---|
| LCID | 100% | -0.91% | ||
| RIVN - LCID | 66% Loosely correlated | -1.50% | ||
| FSR - LCID | 59% Loosely correlated | -3.33% | ||
| TSLA - LCID | 54% Loosely correlated | -1.47% | ||
| NIO - LCID | 50% Loosely correlated | +3.10% | ||
| PSNY - LCID | 46% Loosely correlated | -2.39% | ||
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