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.
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 NFLX declined for three days, in of 295 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 April 17, 2024. You may want to consider selling the stock, shorting the stock, or exploring put options on NFLX as a result. In of 83 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 Stochastic Oscillator demonstrated that the ticker has stayed in the oversold zone for 1 day, which means it's wise to expect a price bounce in the near future.
Following a 3-day Advance, the price is estimated to grow further. Considering data from situations where NFLX advanced for three days, in of 318 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 286 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 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 Price Growth Rating for this company is (best 1 - 100 worst), indicating steady 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 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 well-balanced risk and returns. The average Profit vs. Risk Rating rating for the industry is 89, placing this stock slightly better than average.
The Tickeron Valuation Rating of (best 1 - 100 worst) indicates that the company is slightly 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 (12.920) is normal, around the industry mean (5.400). P/E Ratio (51.065) is within average values for comparable stocks, (87.119). Projected Growth (PEG Ratio) (1.889) is also within normal values, averaging (2.822). NFLX has a moderately low Dividend Yield (0.000) as compared to the industry average of (0.040). P/S Ratio (8.190) is also within normal values, averaging (29.645).
The average fundamental analysis ratings, where 1 is best and 100 is worst, are as follows
a provider of online movie rental subscription services
Industry MoviesEntertainment