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.
Moving lower for three straight days is viewed as a bearish sign. Keep an eye on this stock for future declines. Considering data from situations where QS declined for three days, in of 210 cases, the price declined further within the following month. The odds of a continued downward trend are .
The Momentum Indicator moved below the 0 level on September 20, 2023. You may want to consider selling the stock, shorting the stock, or exploring put options on QS as a result. In of 52 cases where the Momentum Indicator fell below 0, the stock fell further within the subsequent month. The odds of a continued downward trend are .
The Aroon Indicator for QS entered a downward trend on September 05, 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.
The RSI Indicator entered the oversold zone -- be on the watch for QS's price rising or consolidating in the future. That's also the time to consider buying the stock or exploring call options.
The Stochastic Oscillator is in the oversold zone. Keep an eye out for a move up in the foreseeable future.
The Moving Average Convergence Divergence (MACD) for QS just turned positive on August 30, 2023. Looking at past instances where QS's MACD turned positive, the stock continued to rise in of 25 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 QS advanced for three days, in of 175 cases, the price rose further within the following month. The odds of a continued upward trend are .
QS may jump back above the lower band and head toward the middle band. Traders may consider buying the stock or exploring call options.
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 (2.623) is normal, around the industry mean (3.078). P/E Ratio (0.000) is within average values for comparable stocks, (39.402). Projected Growth (PEG Ratio) (0.000) is also within normal values, averaging (2.666). QS has a moderately low Dividend Yield (0.000) as compared to the industry average of (0.034). P/S Ratio (0.000) is also within normal values, averaging (5.438).
The Tickeron Price Growth Rating for this company is (best 1 - 100 worst), indicating slightly worse than average price growth. QS’s price grows at a lower 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.
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 88, placing this stock worse than average.
The average fundamental analysis ratings, where 1 is best and 100 is worst, are as follows
A.I.dvisor indicates that over the last year, QS has been loosely correlated with AEVA. These tickers have moved in lockstep 52% of the time. This A.I.-generated data suggests there is some statistical probability that if QS jumps, then AEVA could also see price increases.