Remarkable Week for Trading Bot: 8.44% Gain in $RBLX Trade!
Swing Trader: Deep Trend Analysis v.2 (TA) is one such robot that has been performing exceptionally well in Tickeron's robot factory. In this article, we will examine the performance of this trading robot and analyze the earning results of RBLX.
Performance of Swing Trader: Deep Trend Analysis v.2 (TA):
According to Tickeron's robot factory, Swing Trader: Deep Trend Analysis v.2 (TA) was a top performer over a week, generating 6.44% for RBLX. This is an impressive return, and it indicates that the robot has identified a profitable trading opportunity. It is essential to note that past performance is not indicative of future results. Still, the consistent performance of Swing Trader: Deep Trend Analysis v.2 (TA) suggests that it is a reliable trading robot that traders may want to consider using.
Momentum Indicator Analysis:
RBLX's Momentum Indicator moved above the 0 level on May 10, 2023. This is a positive indication that the stock could be shifting to a new upward move. Traders may want to consider buying the stock or buying call options. Tickeron's A.I.dvisor looked at 41 similar instances where the indicator turned positive. In 37 of the 41 cases, the stock moved higher in the following days. The odds of a move higher are at 90%.
This analysis indicates that there is a high probability that RBLX will continue to move higher in the coming days. It is essential to note that there is always a risk involved in trading, and traders should conduct their analysis and assess their risk tolerance before making any investment decisions.
Earnings Analysis:
The last earnings report on May 10 showed earnings per share of -43 cents, missing the estimate of -34 cents. With 7.62M shares outstanding, the current market capitalization sits at 24.04B. This earning result indicates that RBLX has not performed as well as expected, and it may have a negative impact on the stock price. Investors should consider this information before making any investment decisions.
Swing Trader: Deep Trend Analysis v.2 (TA) is an AI-powered trading robot that has been performing well in Tickeron's robot factory. Its consistent performance suggests that it is a reliable trading robot that traders may want to consider using. Additionally, RBLX's Momentum Indicator moving above the 0 level is a positive indication that the stock could continue to move higher in the coming days. However, the recent earnings report showed that RBLX missed its earnings estimate, which may have a negative impact on the stock price.
RBLX's MACD Histogram just turned positive
The Moving Average Convergence Divergence (MACD) for RBLX turned positive on April 29, 2024. Looking at past instances where RBLX's MACD turned positive, the stock continued to rise in of 31 cases over 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 37 cases where RBLX'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 May 01, 2024. You may want to consider a long position or call options on RBLX as a result. In of 60 past instances where the momentum indicator moved above 0, the stock continued to climb. 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 RBLX 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
Following a 3-day decline, the stock is projected to fall further. Considering past instances where RBLX declined for three days, the price rose further in of 62 cases within the following month. The odds of a continued downward trend are .
RBLX broke above its upper Bollinger Band on April 09, 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 Aroon Indicator for RBLX entered a downward trend on April 12, 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)
The Tickeron Price Growth Rating for this company is (best 1 - 100 worst), indicating steady price growth. RBLX’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 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: RBLX's P/B Ratio (312.500) is slightly higher than the industry average of (29.955). P/E Ratio (0.000) is within average values for comparable stocks, (155.575). RBLX's Projected Growth (PEG Ratio) (8.177) is slightly higher than the industry average of (2.725). Dividend Yield (0.000) settles around the average of (0.081) among similar stocks. P/S Ratio (8.333) is also within normal values, averaging (55.459).
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 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 Profit vs. Risk Rating rating for this company is (best 1 - 100 worst), indicating that the returns do not compensate for the risks. RBLX’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 90, 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 PackagedSoftware