Leaders of AI Robots Last Week: GSAT
Last week, the S&P index closed slightly higher, rising by 1.2% (48.84 points) and reaching a value of 4105.02 points. Some AI robots showed even more significant dynamics.
Firstly, it is worth highlighting the robot at Swing-trader-Volatility-Balanced-Strategy-v-2-TA. This robot earned more than 2.5% last week and adheres to a market-neutral strategy, allowing for consistent earnings on almost any behavior of the stock market.
Another robot to mention is at Day-Trader-Popular-Stocks-Short-Bias-Strategy-TA-FA. This robot showed a profitability of more than 3% and almost completely exited all positions.
I recommend keeping several robots in your portfolio to achieve more stable profits, as well as distributing funds in multidirectional positions.
Next week, we are expecting some factors to significantly influence the market. On Wednesday, data on the Core Consumer Price Index (CPI) (MoM) will be released. On Thursday, we will see the Producer Price Index (PPI) (MoM) (Mar) and the number of initial claims for unemployment benefits. Finally, on Friday, we will have the volume of retail sales (MoM) (Mar) to analyze.
In general, the week promises to be calm.
Momentum Indicator for GSAT turns negative, indicating new downward trend
GSAT saw its Momentum Indicator move below the 0 level on April 01, 2024. 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 98 similar instances where the indicator turned negative. In of the 98 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 GSAT turned negative on April 18, 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 51 similar instances when the indicator turned negative. In of the 51 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 GSAT 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 GSAT entered a downward trend on April 18, 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.
Bullish Trend Analysis
The Stochastic Oscillator shows that the ticker has stayed in the oversold zone for 11 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.
Following a 3-day Advance, the price is estimated to grow further. Considering data from situations where GSAT advanced for three days, in of 224 cases, the price rose further within the following month. The odds of a continued upward trend are .
GSAT 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 PE Growth Rating for this company is (best 1 - 100 worst), pointing to outstanding 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 Profit vs. Risk Rating rating for this company is (best 1 - 100 worst), indicating well-balanced risk and returns. The average Profit vs. Risk Rating rating for the industry is 83, placing this stock slightly better than average.
The Tickeron Price Growth Rating for this company is (best 1 - 100 worst), indicating steady price growth. GSAT’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 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 (6.702) is normal, around the industry mean (5.048). P/E Ratio (0.000) is within average values for comparable stocks, (144.473). Projected Growth (PEG Ratio) (0.000) is also within normal values, averaging (9.572). Dividend Yield (0.000) settles around the average of (0.091) among similar stocks. P/S Ratio (11.074) is also within normal values, averaging (13.029).
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.
Notable companies
Industry description
Market Cap
High and low price notable news
Volume
Fundamental Analysis Ratings
The average fundamental analysis ratings, where 1 is best and 100 is worst, are as follows
General Information
a provider of mobile satellite services
Industry WirelessTelecommunications