As a financial analytics and trader, I am pleased to share some exciting news about Eli Lilly & Co (LLY). The pharmaceutical giant has seen a significant increase in market capitalization, with a $51.0B surge this week. While several factors may contribute to this growth, one notable contributor is the performance of the best trading robots in the market.
Trading robots, also known as algorithmic trading systems, use computer programs to execute trades based on predetermined rules and conditions automatically. These systems are designed to identify and capitalize on market trends and patterns that human traders may miss, allowing for more efficient and effective trading.
In the case of LLY, it is likely that trading robots played a key role in the company's market cap increase. By analyzing market data and executing trades based on predetermined strategies, these systems were able to identify favorable market conditions for LLY and generate gains for investors.
It is worth noting that while trading robots can be powerful tools for traders, they are not infallible. These systems rely on data and algorithms that are only as accurate as the inputs they receive, and unforeseen events or changes in market conditions can still impact their performance.
However, with proper management and oversight, trading robots can provide a valuable advantage for investors and traders looking to maximize their returns. As we continue to see advancements in artificial intelligence and machine learning, it is likely that these systems will become even more sophisticated and effective in the years to come.
LLY's Aroon Indicator triggered a bullish signal on May 26, 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 352 similar instances where the Aroon Indicator showed a similar pattern. In of the 352 cases, the stock moved higher in the days that followed. This puts the odds of a move higher at .
The Stochastic Oscillator demonstrated that the ticker has stayed in the oversold zone for 2 days, 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 LLY advanced for three days, in of 361 cases, the price rose further within the following month. The odds of a continued upward trend are .
The 10-day RSI Indicator for LLY moved out of overbought territory on May 22, 2023. 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 39 similar instances where the indicator moved out of overbought territory. In of the 39 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 May 23, 2023. You may want to consider selling the stock, shorting the stock, or exploring put options on LLY as a result. In of 87 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 LLY turned negative on May 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 47 similar instances when the indicator turned negative. In of the 47 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 LLY declined for three days, the price rose further in of 62 cases within the following month. The odds of a continued downward trend are .
LLY broke above its upper Bollinger Band on May 03, 2023. This could be a sign that the stock is set to drop as the stock moves back below the upper band and toward the middle band. You may want to consider selling the stock or exploring put options.
The Tickeron Profit vs. Risk Rating rating for this company is (best 1 - 100 worst), indicating low risk on high returns. The average Profit vs. Risk Rating rating for the industry is 59, placing this stock better than average.
The Tickeron Price Growth Rating for this company is (best 1 - 100 worst), indicating outstanding price growth. LLY’s price grows at a higher 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 very strong sales and a profitable 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 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 Valuation Rating of (best 1 - 100 worst) indicates that the company is slightly undervalued 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: LLY's P/B Ratio (36.101) is very high in comparison to the industry average of (6.203). LLY has a moderately high P/E Ratio (67.568) as compared to the industry average of (30.295). Projected Growth (PEG Ratio) (1.649) is also within normal values, averaging (3.531). LLY has a moderately low Dividend Yield (0.010) as compared to the industry average of (0.027). LLY's P/S Ratio (13.889) is very high in comparison to the industry average of (4.063).
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 average fundamental analysis ratings, where 1 is best and 100 is worst, are as follows