Swing Trader's AI trading robot has been making waves in Tickeron's robot factory, with its impressive performance over the past week. One notable achievement was its ability to generate a significant 4.11% return for NFLX (Netflix), a leading streaming platform. This article will delve into the technical analysis provided by the robot and explore recent earnings results to provide insights for investors.
Technical Analysis: According to Swing Trader's AI trading robot, NFLX's Relative Strength Index (RSI) indicator currently sits in the overbought zone, signaling a potential reversal in the stock's price trajectory. RSI is a widely used momentum oscillator that helps identify overbought and oversold conditions in a security. In this case, the overbought status suggests that NFLX may experience a price pull-back in the near future.
Earnings Analysis: Turning our attention to the company's recent earnings report, Netflix released its financial results on April 18. The earnings per share (EPS) for the quarter came in at $2.88, surpassing the estimated figure of $2.86. This positive earnings surprise reflects the company's strong performance during the period, potentially contributing to investor confidence.
Netflix's market capitalization currently stands at an impressive $162.42 billion, considering the outstanding 7.92 million shares. Market capitalization is a measure of a company's total value in the stock market and serves as an indicator of investors' perception of its worth.
Swing Trader's AI trading robot has showcased its capabilities by delivering remarkable returns, particularly in NFLX. Its identification of the overbought RSI indicator suggests that investors should keep a close eye on the stock for a potential price pull-back. Meanwhile, Netflix's recent earnings report revealed better-than-expected results, contributing to the overall positive sentiment surrounding the company.
NFLX moved above its 50-day moving average on May 05, 2023 date and that indicates a change from a downward trend to an upward trend. In of 38 similar past instances, the stock price increased further within the following month. The odds of a continued upward trend are .
The Momentum Indicator moved above the 0 level on May 08, 2023. You may want to consider a long position or call options on NFLX as a result. In of 87 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 NFLX just turned positive on May 09, 2023. Looking at past instances where NFLX's MACD turned positive, the stock continued to rise in of 49 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 NFLX advanced for three days, in of 301 cases, the price rose further within the following month. The odds of a continued upward trend are .
The Aroon Indicator entered an Uptrend today. In of 253 cases where NFLX Aroon's Indicator entered an Uptrend, the price rose further within the following month. The odds of a continued Uptrend are .
The RSI Indicator demonstrates that the ticker has stayed in the overbought zone for 9 days. The longer the ticker stays in the overbought zone, the sooner a price pull-back is expected.
The Stochastic Oscillator demonstrated that the ticker has stayed in the overbought zone for 9 days. The longer the ticker stays in the overbought zone, the sooner a price pull-back is expected.
Following a 3-day decline, the stock is projected to fall further. Considering past instances where NFLX declined for three days, the price rose further in of 62 cases within the following month. The odds of a continued downward trend are .
NFLX broke above its upper Bollinger Band on May 30, 2023. 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 outstanding price growth. NFLX’s price grows at a higher rate over the last 12 months as compared to S&P 500 index constituents.
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 SMR rating for this company is (best 1 - 100 worst), indicating strong sales and a profitable 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. NFLX’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 89, placing this stock better than average.
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 (8.554) is normal, around the industry mean (4.361). P/E Ratio (45.249) is within average values for comparable stocks, (74.530). Projected Growth (PEG Ratio) (2.081) is also within normal values, averaging (3.152). NFLX has a moderately low Dividend Yield (0.000) as compared to the industry average of (0.058). P/S Ratio (5.938) is also within normal values, averaging (111.062).
The Tickeron Seasonality Score of (best 1 - 100 worst) indicates that the company is significantly overvalued 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 average fundamental analysis ratings, where 1 is best and 100 is worst, are as follows
a provider of online movie rental subscription services
A.I.dvisor indicates that over the last year, NFLX has been loosely correlated with DIS. These tickers have moved in lockstep 60% of the time. This A.I.-generated data suggests there is some statistical probability that if NFLX jumps, then DIS could also see price increases.
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