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Jun 17, 2023

QS Trading Reaps Benefits from Tickeron's Robot Factory, Achieving 41.26% Results in the Last 6 Months

The world of trading has been revolutionized by advancements in artificial intelligence, and Swing Trader: Top High-Volatility Stocks (TA) has proven to be one of the best AI trading robots in our factory. Over the past six months, this robot has generated a remarkable gain of 41.26% by strategically trading QS stock. In this article, we will delve into the technical analysis behind this success and evaluate the recent earnings results of QS.

QS Breaks Above 50-Day Moving Average, Signaling an Upward Trend: On June 06, 2023, QS made a significant move by crossing above its 50-day moving average. This event serves as an indication of a shift from a downward trend to an upward trend. Historical data reveals that in 10 out of 11 similar past instances, the stock price continued to rise within the following month. As a result, the odds of a sustained upward trend for QS are estimated to be 90%, presenting an encouraging outlook for investors.

Earnings Report Analysis: The most recent earnings report for QS, released on April 26, disclosed an earnings per share (EPS) of -23 cents, which missed the estimated EPS of -20 cents. While the company fell short of the forecast, it's essential to consider various factors that may impact the stock's performance.

With 1.75 million shares outstanding, QS currently boasts a market capitalization of approximately 3.23 billion dollars. This figure provides investors with an understanding of the company's overall value in the market.

The Swing Trader AI robot has demonstrated its prowess by delivering an impressive gain of 41.26% while trading QS stock over the past six months. The recent breakthrough above the 50-day moving average suggests a shift towards an upward trend, backed by historical data indicating a high likelihood of continued price appreciation. Although QS missed its earnings estimate in the last report, it's crucial to analyze additional factors beyond this isolated event.

Related Ticker: QS

QS in upward trend: price may jump up because it broke its lower Bollinger Band on April 15, 2024

QS may jump back above the lower band and head toward the middle band. Traders may consider buying the stock or exploring call options. In of 24 cases where QS's price broke its lower Bollinger Band, its price rose further in the following month. The odds of a continued upward trend are .

Price Prediction Chart

Technical Analysis (Indicators)

Bullish Trend Analysis

The RSI Oscillator points to a transition from a downward trend to an upward trend -- in cases where QS's RSI Oscillator exited the oversold zone, of 26 resulted in an increase in price. Tickeron's analysis proposes that the odds of a continued upward trend are .

The Stochastic Oscillator shows that the ticker has stayed in the oversold zone for 4 days. The price of this ticker is presumed to bounce back soon, since the longer the ticker stays in the oversold zone, the more promptly an upward trend is expected.

Following a 3-day Advance, the price is estimated to grow further. Considering data from situations where QS advanced for three days, in of 195 cases, the price rose further within the following month. The odds of a continued upward trend are .

Bearish Trend Analysis

The Momentum Indicator moved below the 0 level on April 11, 2024. You may want to consider selling the stock, shorting the stock, or exploring put options on QS as a result. In of 64 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 Moving Average Convergence Divergence Histogram (MACD) for QS turned negative on April 15, 2024. This could be a sign that the stock is set to turn lower in the coming weeks. Traders may want to sell the stock or buy put options. Tickeron's A.I.dvisor looked at 30 similar instances when the indicator turned negative. In of the 30 cases the stock turned lower in the days that followed. This puts the odds of success at .

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 .

The Aroon Indicator for QS entered a downward trend on March 25, 2024. 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)

Fear & Greed

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 (12.326). P/E Ratio (0.000) is within average values for comparable stocks, (43.365). 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 (0.032). P/S Ratio (0.000) is also within normal values, averaging (25.890).

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 84, placing this stock worse than average.

Notable companies

The most notable companies in this group are Goodyear Tire & Rubber Company (The) (NASDAQ:GT).

Industry description

OEM or Original Equipment Manufacturer of auto parts refers to the original producer of a vehicles components, and so OEM car parts are usually identical to the parts used in producing the vehicle in the first place. OEM parts tend to fit the specifications of a particular model, and their compatibility is often guaranteed by the automaker itself. OEM parts could be more expensive to buy (compared to other vendors’ products) when a consumer goes for replacement. However, increased competition from aftermarket parts/third-party vendors could, in some cases, keep EOM prices in check. The industry might progress further in adopting newer technologies like 3D printing to boost supply chain performance and quality. Aptiv PLC, Magna International Inc. and BorgWarner Inc. are major OEMs for autos.

Market Cap

The average market capitalization across the Auto Parts: OEM Industry is 5.52B. The market cap for tickers in the group ranges from 206 to 52.56B. DNZOY holds the highest valuation in this group at 52.56B. The lowest valued company is JBZY at 206.

High and low price notable news

The average weekly price growth across all stocks in the Auto Parts: OEM Industry was -3%. For the same Industry, the average monthly price growth was -4%, and the average quarterly price growth was 1%. KNDI experienced the highest price growth at 27%, while CMMCF experienced the biggest fall at -30%.

Volume

The average weekly volume growth across all stocks in the Auto Parts: OEM Industry was -14%. For the same stocks of the Industry, the average monthly volume growth was 4% and the average quarterly volume growth was -7%

Fundamental Analysis Ratings

The average fundamental analysis ratings, where 1 is best and 100 is worst, are as follows

Valuation Rating: 41
P/E Growth Rating: 63
Price Growth Rating: 59
SMR Rating: 78
Profit Risk Rating: 83
Seasonality Score: 4 (-100 ... +100)
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