NVAX Witnesses 4.89% Profit Surge with AI Trading Robot
Swing Trader: Medium Volatility Stocks for Active Trading (TA&FA) has been on a roll lately, with its AI trading robot generating a 4.89% gain in just 2 trades while trading NVAX over the previous week. This is an impressive performance and highlights the potential benefits of incorporating AI and algorithmic trading strategies into your investment portfolio.
Looking at the Moving Average Convergence Divergence (MACD) indicator for NVAX, we can see that it turned positive on May 09, 2023. This is a bullish signal and suggests that there could be further upside potential for the stock in the near term. In fact, historical data shows that in 43 out of 44 instances where NVAX's MACD turned positive, the stock continued to rise over the following month. This gives the current upward trend a 90% chance of continuation, providing an excellent opportunity for investors to capitalize on the bullish momentum.
However, it's important to consider other fundamental factors that could impact the stock's performance. The last earnings report on May 09 showed earnings per share of -341 cents, beating the estimate of -342 cents. While this is a positive sign, it's worth noting that NVAX's earnings have been volatile in recent years, with significant fluctuations from one quarter to the next.
NVAX currently has 2.60M shares outstanding, with a market capitalization of 641.99M. This puts the stock in the small to mid-cap range, which can offer greater potential for growth but also comes with higher levels of risk. Investors should carefully evaluate their risk tolerance and investment objectives before considering adding NVAX to their portfolio.
In conclusion, Swing Trader's AI trading robot has delivered impressive results with its recent trades on NVAX, and the bullish MACD signal suggests there could be further upside potential in the near term. However, investors should be mindful of the stock's volatile earnings history and small to mid-cap status before making any investment decisions. As always, it's important to conduct thorough research and consult with a financial advisor before making any investment decisions.
NVAX in downward trend: 10-day moving average crossed below 50-day moving average on May 26, 2023
The 10-day moving average for NVAX crossed bearishly below the 50-day moving average on May 26, 2023. This indicates that the trend has shifted lower and could be considered a sell signal. In of 12 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 .
Technical Analysis (Indicators)
Bearish Trend Analysis
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 NVAX as a result. In of 82 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 NVAX turned negative on May 16, 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 43 similar instances when the indicator turned negative. In of the 43 cases the stock turned lower in the days that followed. This puts the odds of success at .
NVAX moved below its 50-day moving average on May 24, 2023 date and that indicates a change from an upward trend to a downward trend.
Following a 3-day decline, the stock is projected to fall further. Considering past instances where NVAX declined for three days, the price rose further in of 62 cases within the following month. The odds of a continued downward trend are .
NVAX broke above its upper Bollinger Band on May 09, 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.
Bullish Trend Analysis
The Stochastic Oscillator shows that the ticker has stayed in the oversold zone for 8 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 +1 3-day Advance, the price is estimated to grow further. Considering data from situations where NVAX advanced for three days, in of 273 cases, the price rose further within the following month. The odds of a continued upward trend are .
The Aroon Indicator entered an Uptrend today. In of 142 cases where NVAX Aroon's Indicator entered an Uptrend, the price rose further within the following month. The odds of a continued Uptrend are .
Fundamental Analysis (Ratings)
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 (49.505) is normal, around the industry mean (24.787). P/E Ratio (0.000) is within average values for comparable stocks, (122.999). Projected Growth (PEG Ratio) (0.000) is also within normal values, averaging (4.316). Dividend Yield (0.000) settles around the average of (0.030) among similar stocks. P/S Ratio (0.424) is also within normal values, averaging (303.223).
The Tickeron Price Growth Rating for this company is (best 1 - 100 worst), indicating slightly worse than average price growth. NVAX’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. NVAX’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 94, placing this stock worse than average.
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