$QS Sees Notable 3.37% Growth Driven by Tickeron's Robot Factory Operations
Among the many AI trading robots available, Swing Trader: Deep Trend Analysis v.2 (TA) stands out as one of the best performers in our robot factory. In the previous week, this advanced trading algorithm showcased its prowess by generating a notable 3.37% gain while trading QS (QuantumScape) stock. This article delves into the technical analysis of QS's recent performance and earnings report, providing insights for investors.
Analyzing the Stock Performance: QS has experienced a bearish trend recently, with the stock moving lower for three consecutive days. In technical analysis, such a decline is often perceived as a bearish sign, indicating potential further decreases in the stock's value. Based on historical data, when QS has faced similar three-day declines in the past, the price has further declined in 170 out of 182 cases within the following month. This historical pattern suggests that there is a 90% chance of a continued downward trend in QS.
Considering these statistics, investors should keep a close eye on QS for potential future declines. However, it's important to note that historical trends are not infallible predictors of future performance. Market dynamics can change, and additional factors should be considered before making investment decisions.
Earnings Report Analysis: The most recent earnings report for QS was released on April 26, providing valuable insights into the company's financial performance. The report revealed earnings per share (EPS) of -23 cents, missing the estimated EPS of -20 cents. A negative EPS indicates that the company incurred a loss during the reported period.
Furthermore, with 863.79K shares outstanding, QS currently has a market capitalization of 2.95 billion dollars. Market capitalization, calculated by multiplying the stock price by the number of outstanding shares, represents the total value of a company's outstanding shares in the market.
The missed earnings estimate suggests that QS's financial performance may not have met market expectations. Investors often scrutinize earnings reports to assess a company's profitability and growth potential. A negative surprise in EPS can lead to increased investor caution and potentially affect the stock's value.
QS in upward trend: price rose above 50-day moving average on October 24, 2024
QS moved above its 50-day moving average on October 24, 2024 date and that indicates a change from a downward trend to an upward trend. In of 29 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 Stochastic Oscillator suggests the stock price trend may be in a reversal from a downward trend to an upward trend. of 54 cases where QS'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 Momentum Indicator moved above the 0 level on October 24, 2024. You may want to consider a long position or call options on QS as a result. In of 75 past instances where the momentum indicator moved above 0, the stock continued to climb. The odds of a continued upward trend are .
The Moving Average Convergence Divergence (MACD) for QS just turned positive on October 24, 2024. Looking at past instances where QS's MACD turned positive, the stock continued to rise in of 35 cases over the following month. The odds of a continued upward trend are .
The Aroon Indicator entered an Uptrend today. In of 131 cases where QS 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 QS moved out of overbought territory on October 25, 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 26 similar instances where the indicator moved out of overbought territory. In of the 26 cases, the stock moved lower in the following days. This puts the odds of a move lower at .
The 50-day moving average for QS moved below the 200-day moving average on September 24, 2024. This could be a long-term bearish signal for the stock as the stock shifts to an downward trend.
Following a 3-day decline, the stock is projected to fall further. Considering past instances where QS declined for three days, the price rose further in of 62 cases within the following month. The odds of a continued downward trend are .
QS broke above its upper Bollinger Band on October 24, 2024. 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.
The Tickeron Price Growth Rating for this company is (best 1 - 100 worst), indicating steady price growth. QS’s price grows at a higher rate over the last 12 months as compared to S&P 500 index constituents.
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 (2.271) is normal, around the industry mean (11.943). P/E Ratio (0.000) is within average values for comparable stocks, (44.409). QS's Projected Growth (PEG Ratio) (0.000) is slightly lower than the industry average of (0.959). QS has a moderately low Dividend Yield (0.000) as compared to the industry average of (0.030). P/S Ratio (0.000) is also within normal values, averaging (26.858).
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 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 Profit vs. Risk Rating rating for this company is (best 1 - 100 worst), indicating that the returns do not compensate for the risks. QS’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 84, 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
Industry AutoPartsOEM