Our Robots Earned Over 6% on MRVL Stocks Last Week.
Robot rally is gaining momentum, and I believe that in the near future, we will reach even greater heights, as volatility increases, which is precisely what our robots thrive on. For example, last week, the robot at Swing-Trader-Medium-Volatility-Stocks-for-Active-Trading-TA-FA earned over 6% on MRVL stocks in just one week, and this is not the limit.
This particular AI robot is well-suited for traders who prefer to trade stocks with medium volatility but want to avoid significant drawdowns during downtrends. To achieve this, the robot employs a pool of technical indicators focused on identifying uptrend reversal points, allowing for a balanced approach to short and long positions and helping to prevent prolonged drawdowns.
Active traders who have enough time to monitor multiple trades simultaneously will find this robot most suitable. The average trade duration is 2 days, enabling efficient use of capital and avoiding being tied up in a trade for an extended period.
The robot uses a proprietary method developed by our team of quants to evaluate the strength and quality of momentum of the most active stocks in the US stock market for stock selection. A complex algorithm, including a pool of technical indicators processed using neural networks, determines entry points for positions.
Upon entering a trade, the robot sets a fixed "Take profit" order at a level of 4-5% of the position opening price. To exit a position, the robot utilizes two options: a fixed stop-loss at 3% of the position opening price and a flexible trailing stop, which helps retain most of the profits if the market reverses.
The robot's trading results are displayed without using margin. Users can click on the "show more" button on the robot page for complete trading statistics and an equity chart. The "Open Trades" tab shows real-time selection, entry, and exit of paper trades by the AI robot. In the "Closed Trades" tab, users can review all previous trades executed by the robot.
Subscribe to our robots and receive professional signals. Good luck with your trading endeavors.
MRVL's RSI Indicator ascending out of oversold territory
The RSI Indicator for MRVL moved out of oversold territory on September 27, 2023. This could be a sign that the stock is shifting from a downward trend to an upward trend. Traders may want to buy the stock or call options. The A.I.dvisor looked at 23 similar instances when the indicator left oversold territory. In of the 23 cases the stock moved higher. This puts the odds of a move higher at .
Technical Analysis (Indicators)
Bullish Trend Analysis
The Stochastic Oscillator suggests the stock price trend may be in a reversal from a downward trend to an upward trend. of 66 cases where MRVL's Stochastic Oscillator exited the oversold zone resulted in an increase in price. Tickeron's analysis proposes that the odds of a continued upward trend are .
The Moving Average Convergence Divergence (MACD) for MRVL just turned positive on September 29, 2023. Looking at past instances where MRVL's MACD turned positive, the stock continued to rise in of 49 cases over the following month. 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 MRVL advanced for three days, in of 328 cases, the price rose further within the following month. The odds of a continued upward trend are .
MRVL may jump back above the lower band and head toward the middle band. Traders may consider buying the stock or exploring call options.
Bearish Trend Analysis
The Momentum Indicator moved below the 0 level on September 13, 2023. You may want to consider selling the stock, shorting the stock, or exploring put options on MRVL as a result. In of 94 cases where the Momentum Indicator fell below 0, the stock fell further within the subsequent month. The odds of a continued downward trend are .
MRVL moved below its 50-day moving average on August 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 MRVL 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 MRVL entered a downward trend on September 29, 2023. This could indicate a strong downward move is ahead for the stock. Traders may want to consider selling the stock or buying put 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 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 62, placing this stock slightly better than average.
The Tickeron Valuation Rating of (best 1 - 100 worst) indicates that the company is fair valued 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 (3.028) is normal, around the industry mean (7.977). P/E Ratio (0.000) is within average values for comparable stocks, (53.975). Projected Growth (PEG Ratio) (2.925) is also within normal values, averaging (2.349). Dividend Yield (0.004) settles around the average of (0.022) among similar stocks. P/S Ratio (8.230) is also within normal values, averaging (72.573).
The Tickeron Price Growth Rating for this company is (best 1 - 100 worst), indicating steady price growth. MRVL’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 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 company which engages in the business of providing semiconductors to high-performance application-specific standard products
Industry Semiconductors
MRVL and
Correlation & Price change
A.I.dvisor indicates that over the last year, MRVL has been closely correlated with ADI. These tickers have moved in lockstep 86% of the time. This A.I.-generated data suggests there is a high statistical probability that if MRVL jumps, then ADI could also see price increases.
| Ticker / NAME | Correlation To MRVL | 1D Price Change % | ||
|---|---|---|---|---|
| MRVL | 100% | +0.20% | ||
| ADI - MRVL | 86% Closely correlated | -0.75% | ||
| QCOM - MRVL | 82% Closely correlated | -0.03% | ||
| AOSL - MRVL | 80% Closely correlated | +0.54% | ||
| NXPI - MRVL | 75% Closely correlated | -0.31% | ||
| ASML - MRVL | 74% Closely correlated | +1.38% | ||
More | ||||