Our Leading AI Trading Robot Generates 6.01% Gain for BB in One Month
AI trading robot, accessible at Swing Trader, Popular Stocks: Short Bias Strategy (TA&FA), was one of the best in our robot factory, generating a 6.01% gain for BB over the course of the previous month.
Based on the information provided, the Swing Trader robot using the Short Bias Strategy was able to generate a significant 6.01% profit for BB over the course of the previous month. However, traders should be cautious as the 10-day RSI Oscillator for BB moved out of overbought territory on April 12, 2023. This suggests that the stock may be shifting from an upward trend to a downward trend. In such situations, traders may want to consider selling the stock or buying put options.
According to Tickeron's A.I.dvisor, in 26 of the 31 instances where the RSI Oscillator for BB moved out of the overbought zone, the stock moved lower in the days that followed. This implies that the odds of a move down are at 84%, which further strengthens the bearish case for BB.
It is important to note that no trading strategy is 100% accurate, and the market can be unpredictable at times. Therefore, traders should always consider the risks and potential rewards before making any investment decisions. Technical indicators such as RSI can be helpful in identifying trends and potential trading opportunities, but traders should also consider other factors such as fundamental analysis, market sentiment, and news events that may impact the stock price.
BB in upward trend: price rose above 50-day moving average on May 02, 2023
BB moved above its 50-day moving average on May 02, 2023 date and that indicates a change from a downward trend to an upward trend. In of 50 similar past instances, the stock price increased further within the following month. The odds of a continued upward trend are .
Technical Analysis (Indicators)
Bullish Trend Analysis
The Momentum Indicator moved above the 0 level on May 03, 2023. You may want to consider a long position or call options on BB as a result. In of 88 past instances where the momentum indicator moved above 0, the stock continued to climb. 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 BB advanced for three days, in of 264 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 214 cases where BB Aroon's Indicator entered an Uptrend, the price rose further within the following month. The odds of a continued Uptrend are .
Bearish Trend Analysis
The 10-day RSI Indicator for BB moved out of overbought territory on May 23, 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 30 similar instances where the indicator moved out of overbought territory. In of the 30 cases, the stock moved lower in the following days. This puts the odds of a move lower at .
The Stochastic Oscillator may be shifting from an upward trend to a downward trend. In of 57 cases where BB's Stochastic Oscillator exited the overbought zone, the price fell further within the following month. The odds of a continued downward trend are .
The Moving Average Convergence Divergence Histogram (MACD) for BB turned negative on May 26, 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 40 similar instances when the indicator turned negative. In of the 40 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 BB declined for three days, the price rose further in of 62 cases within the following month. The odds of a continued downward trend are .
BB broke above its upper Bollinger Band on May 05, 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.
Fundamental Analysis (Ratings)
The Tickeron Price Growth Rating for this company is (best 1 - 100 worst), indicating steady price growth. BB’s price grows at a higher 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 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 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 (3.640) is normal, around the industry mean (31.526). P/E Ratio (344.828) is within average values for comparable stocks, (167.679). Projected Growth (PEG Ratio) (0.000) is also within normal values, averaging (4.163). Dividend Yield (0.000) settles around the average of (0.040) among similar stocks. P/S Ratio (5.216) is also within normal values, averaging (75.236).
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. BB’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 89, placing this stock worse than average.
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 developer of hardware and software solutions for mobile communications
Industry PackagedSoftware
| 1 Day | |||
|---|---|---|---|
| ETFs / NAME | Price $ | Chg $ | Chg % |
| ARKW | 53.01 | 0.68 | +1.30% |
| ARK Next Generation Internet ETF | |||
| GYLD | 12.05 | -0.02 | -0.17% |
| Arrow Dow Jones Global Yield ETF | |||
| ERTH | 46.66 | -0.11 | -0.23% |
| Invesco MSCI Sustainable Future ETF | |||
| AVSD | 49.68 | -0.49 | -0.97% |
| Avantis Responsible International Eq ETF | |||
| DSMC | 27.00 | -0.50 | -1.83% |
| Distillate Small/Mid Cash Flow ETF | |||
BB and
Correlation & Price change
A.I.dvisor indicates that over the last year, BB has been loosely correlated with COIN. These tickers have moved in lockstep 64% of the time. This A.I.-generated data suggests there is some statistical probability that if BB jumps, then COIN could also see price increases.
