Profitable Partnership: $TEAM and Trader Robot +5.57%
Recently, the Swing Trader bot, utilizing a Popular Stocks: Short Bias Strategy (TA&FA), showcased its prowess by generating a remarkable +5.57% gain while trading TEAM over the previous week. Let's delve into the key factors that contributed to this success.
Aroon Indicator Signals Bullish Move
One of the noteworthy indicators guiding the bot's decision-making process is the Aroon Indicator. On January 04, 2024, TEAM's Aroon Indicator flashed a bullish signal, with the AroonUp green line surging above 70 while the AroonDown red line remained below 30. This configuration suggests a potential setup for a bullish move. Tickeron's A.I.dvisor, analyzing 281 similar instances, found that in 78% of cases where this pattern occurred, the stock moved higher in the following days. Traders are likely to consider this signal for potential buying opportunities or exploring call options.
Earnings Report and Market Capitalization
Examining TEAM's recent financial performance, the earnings report on November 02 revealed earnings per share of 64 cents, surpassing the estimated 54 cents. The company currently boasts a market capitalization of 46.53B with 407.05K shares outstanding. Comparing this to the average market capitalization of 9.35B in the Packaged Software Industry, TEAM stands out, demonstrating its significant market presence.
Market Cap Landscape and Price Trends
The Packaged Software Industry encompasses a wide range of market capitalizations, from the lowest valued company, BLGI, at 291 to the tech giant MSFT at a staggering 2.84T. TEAM's market cap aligns it with the higher echelons of this industry. Examining price trends, the average weekly growth across the industry was neutral at 0%, while the monthly and quarterly averages stood at 2% and -7%, respectively. It's essential to note that IDXAD experienced substantial weekly growth at 367%, showcasing the industry's dynamic nature.
Volume Dynamics
Understanding volume dynamics is crucial in assessing stock movements. The average weekly volume growth across the Packaged Software Industry was 6%, contrasting with monthly growth at -17% and quarterly growth at 11%. These fluctuations indicate potential short-term volatility but suggest a positive trend in quarterly volume.
In summary, the success of the Swing Trader bot in trading TEAM highlights the importance of incorporating technical and fundamental analysis, as well as AI-driven insights. The Aroon Indicator's bullish signal, coupled with robust earnings and a substantial market capitalization, positions TEAM favorably within the Packaged Software Industry.
TEAM sees MACD Histogram just turned negative
TEAM saw its Moving Average Convergence Divergence Histogram (MACD) turn negative on December 09, 2024. This is a bearish signal that suggests the stock could decline going forward. Tickeron's A.I.dvisor looked at 41 instances where the indicator turned negative. In of the 41 cases the stock moved lower in the days that followed. This puts the odds of a downward move at .
Technical Analysis (Indicators)
Bearish Trend Analysis
The 10-day RSI Indicator for TEAM moved out of overbought territory on December 09, 2024. 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 35 similar instances where the indicator moved out of overbought territory. In of the 35 cases, the stock moved lower in the following days. This puts the odds of a move lower at .
The Momentum Indicator moved below the 0 level on December 18, 2024. You may want to consider selling the stock, shorting the stock, or exploring put options on TEAM as a result. In of 83 cases where the Momentum Indicator fell below 0, the stock fell further within the subsequent 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 TEAM declined for three days, the price rose further in of 62 cases within the following month. The odds of a continued downward trend are .
Bullish Trend Analysis
The Stochastic Oscillator demonstrated that the ticker has stayed in the oversold zone for 2 days, which means it's wise to expect a price bounce in the near future.
The 50-day moving average for TEAM moved above the 200-day moving average on November 13, 2024. This could be a long-term bullish signal for the stock as the stock shifts to an upward trend.
Following a 3-day Advance, the price is estimated to grow further. Considering data from situations where TEAM advanced for three days, in of 328 cases, the price rose further within the following month. The odds of a continued upward trend are .
TEAM may jump back above the lower band and head toward the middle band. Traders may consider buying the stock or exploring call options.
The Aroon Indicator entered an Uptrend today. In of 255 cases where TEAM Aroon's Indicator entered an Uptrend, the price rose further within the following month. The odds of a continued Uptrend are .
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 Price Growth Rating for this company is (best 1 - 100 worst), indicating steady price growth. TEAM’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 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 87, placing this stock slightly better than average.
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 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 (55.556) is normal, around the industry mean (31.082). P/E Ratio (0.000) is within average values for comparable stocks, (160.694). Projected Growth (PEG Ratio) (2.505) is also within normal values, averaging (2.755). Dividend Yield (0.000) settles around the average of (0.084) among similar stocks. P/S Ratio (12.804) is also within normal values, averaging (58.159).
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General Information
an enterprise software solutions provider
Industry PackagedSoftware