The AI trading robot from Day Trader: High Volatility Stocks for Active Trading (TA&FA) has exhibited exceptional performance in Tickeron's robot factory over a week, delivering a notable 4.23% return for NVDA. Such impressive results highlight the potential effectiveness of AI-driven trading strategies in identifying profitable opportunities.
Bearish Indicators: It is important to consider various factors when evaluating a stock's future trajectory. One such aspect is the stock's recent performance. In the case of NVDA, the stock has been moving lower for three consecutive days, which is typically interpreted as a bearish sign. Investors are advised to closely monitor NVDA for potential further declines.
Historical Analysis: Drawing insights from historical data, we observe that in situations where NVDA experienced a decline over three days, the price tended to decline further within the following month in approximately 69% of cases (176 out of 255 cases). This statistic suggests a relatively high likelihood of a continued downward trend for NVDA.
Earnings Results: Examining NVDA's last earnings report, which was released on February 22, we find that the company reported earnings per share (EPS) of 87 cents, surpassing the estimated value of 81 cents. This positive surprise indicates that NVDA's financial performance exceeded market expectations.
Market Capitalization: With 24.78 million shares outstanding, NVDA's current market capitalization stands at an impressive 758.95 billion dollars. The market capitalization reflects the overall value of a company and is an important metric for investors to assess the company's size and market standing.
From a technical analysis perspective, NVDA has shown strong performance in Tickeron's robot factory and has outperformed market expectations in its latest earnings report. However, the recent downward movement and historical analysis suggest the possibility of further declines. Investors should exercise caution and keep a close eye on NVDA's performance in the coming weeks. The stock's market capitalization demonstrates its significant presence in the market.
The Aroon Indicator for NVDA entered a downward trend on April 30, 2024. Tickeron's A.I.dvisor identified a pattern where the AroonDown red line was above 70 while the AroonUp green line was below 30 for three straight days. This could indicate a strong downward move is ahead for the stock. Traders may want to consider selling the stock or buying put options. A.I.dvisor looked at 135 similar instances where the Aroon Indicator formed such a pattern. In of the 135 cases the stock moved lower. This puts the odds of a downward move at .
The Stochastic Oscillator has been in the overbought zone for 2 days. Expect a price pull-back in the near future.
The Momentum Indicator moved below the 0 level on April 30, 2024. You may want to consider selling the stock, shorting the stock, or exploring put options on NVDA as a result. In of 77 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 NVDA turned negative on May 01, 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 50 similar instances when the indicator turned negative. In of the 50 cases the stock turned lower in the days that followed. This puts the odds of success at .
NVDA moved below its 50-day moving average on May 01, 2024 date and that indicates a change from an upward trend to a downward trend.
The 10-day moving average for NVDA crossed bearishly below the 50-day moving average on April 24, 2024. This indicates that the trend has shifted lower and could be considered a sell signal. In of 15 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 NVDA 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 RSI Oscillator points to a transition from a downward trend to an upward trend -- in cases where NVDA's RSI Oscillator exited the oversold zone, of 17 resulted in an increase in price. Tickeron's analysis proposes that the odds of a continued upward trend are .
Following a 3-day Advance, the price is estimated to grow further. Considering data from situations where NVDA advanced for three days, in of 369 cases, the price rose further within the following month. The odds of a continued upward trend are .
NVDA may jump back above the lower band and head toward the middle band. Traders may consider buying the stock or exploring call 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 63, placing this stock better than average.
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 Price Growth Rating for this company is (best 1 - 100 worst), indicating steady price growth. NVDA’s price grows at a higher rate over the last 12 months as compared to 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 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 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: NVDA's P/B Ratio (48.309) is very high in comparison to the industry average of (6.706). P/E Ratio (69.607) is within average values for comparable stocks, (59.973). Projected Growth (PEG Ratio) (1.114) is also within normal values, averaging (3.157). NVDA has a moderately low Dividend Yield (0.000) as compared to the industry average of (0.021). P/S Ratio (34.014) is also within normal values, averaging (32.653).
The average fundamental analysis ratings, where 1 is best and 100 is worst, are as follows
a manufacturer of computer graphics processors, chipsets, and related multimedia software
Industry Semiconductors