Over the past week, the Swing-trader-Deep-Trend-Analysis-v-2-TA robot earned more than 5% on FUBOTV (FUBO, $1.24) stocks. Last year's significant sell-offs had a significant impact on the decline of a large number of stocks. After a prolonged period of consolidation, many of these stocks are attempting to rebound, creating very strong volatility and allowing for quick profits to be made. Therefore, it is recommended to keep an eye on stocks priced around $1 to quickly profit from signals generated by our robots.
This robot utilizes advanced trend analysis algorithms, combining various types of moving averages to accurately determine the direction of the current trend for each stock and select the most effective algorithm to generate trade signals.
To optimize performance, the robot employs a wide diversification strategy, allowing it to choose the most appropriate system for each stock. Additionally, the AI robot trades against the trend during the trend period and vice versa, further enhancing its ability to identify profitable trades.
The robot typically holds trades for one day, and employs a "Take Profit" order immediately after entering a trade, with the distance set according to the current market volatility. To exit a position, the robot uses either a 3% stop loss of the opening position price or a flexible trailing stop, depending on which is more favorable based on market conditions.
The robot's trading results are presented without using margin, and for a complete overview of trading statistics and equity charts, users can click the "Show More" button on the robot's page. In the "Open Trades" tab, users can view the robot's paper trades in real-time, while the "Closed Trades" tab allows them to review all previous trades made by the robot.
The 10-day moving average for FUBO crossed bullishly above the 50-day moving average on July 15, 2024. This indicates that the trend has shifted higher and could be considered a buy signal. In of 13 past instances when the 10-day crossed above the 50-day, the stock continued to move higher over the following month. The odds of a continued upward trend are .
The average fundamental analysis ratings, where 1 is best and 100 is worst, are as follows
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