Robot Earns 4.82% Profit for AMC
The Swing trader: Volatility Balanced Strategy v.2 (TA) is an AI trading robot that was recently a top performer in Tickeron's robot factory over a week. It generated 4.82% for AMC, a popular stock among traders.
AMC saw its Momentum Indicator move above the 0 level on April 28, 2023, indicating that the stock could be shifting into a new upward move. Traders may want to consider buying the stock or buying call options. Tickeron's A.I.dvisor looked at 78 similar instances where the indicator turned positive, and in 65 of the 78 cases, the stock moved higher in the following days. This suggests that the odds of a move higher are at 83%.
These technical indicators, combined with the performance of the Swing trader: Volatility Balanced Strategy v.2 (TA) AI trading robot, suggest that AMC may be a potential trading opportunity for those looking to make a profit in the market. However, it is essential to conduct proper research and analysis before making any investment decisions.
On May 05, AMC released its latest earnings report, which showed earnings per share of -12 cents, beating the estimate of -15 cents. The market capitalization of AMC, based on its 28.11M shares outstanding, currently sits at 4.63B.
It is worth noting that earnings reports can have a significant impact on stock prices. In this case, the better-than-expected earnings per share could be a positive signal for traders looking to buy AMC stock.
Technical analysis can be a useful tool for traders looking to identify potential trading opportunities in the market. The Swing trader: Volatility Balanced Strategy v.2 (TA) AI trading robot's recent performance, combined with the positive Momentum Indicator for AMC, suggests that the stock may be a potential buying opportunity. Additionally, the company's better-than-expected earnings per share could further support this trading decision. However, it is essential to conduct proper research and analysis before making any investment decisions to minimize risk and maximize potential returns.
AMC's MACD Histogram just turned positive
The Moving Average Convergence Divergence (MACD) for AMC turned positive on June 09, 2023. Looking at past instances where AMC's MACD turned positive, the stock continued to rise in of 36 cases over the following month. The odds of a continued upward trend are .
Technical Analysis (Indicators)
Bullish Trend Analysis
The RSI Oscillator points to a transition from a downward trend to an upward trend -- in cases where AMC's RSI Oscillator exited the oversold zone, of 41 resulted in an increase in price. Tickeron's analysis proposes that the odds of a continued upward trend are .
The Stochastic Oscillator suggests the stock price trend may be in a reversal from a downward trend to an upward trend. of 61 cases where AMC'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 June 09, 2023. You may want to consider a long position or call options on AMC as a result. In of 80 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 AMC advanced for three days, in of 266 cases, the price rose further within the following month. The odds of a continued upward trend are .
Bearish Trend Analysis
AMC moved below its 50-day moving average on May 23, 2023 date and that indicates a change from an upward trend to a downward trend.
The 10-day moving average for AMC crossed bearishly below the 50-day moving average on May 25, 2023. This indicates that the trend has shifted lower and could be considered a sell signal. In of 15 past instances when the 10-day crossed below the 50-day, the stock continued to move higher over the following month. The odds of a continued downward trend are .
Following a 3-day decline, the stock is projected to fall further. Considering past instances where AMC declined for three days, the price rose further in of 62 cases within the following month. The odds of a continued downward trend are .
AMC broke above its upper Bollinger Band on May 04, 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 Aroon Indicator for AMC entered a downward trend on June 09, 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.
Fundamental Analysis (Ratings)
The Tickeron Valuation Rating of (best 1 - 100 worst) indicates that the company is slightly undervalued 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 (0.000) is normal, around the industry mean (4.361). P/E Ratio (0.000) is within average values for comparable stocks, (74.530). Projected Growth (PEG Ratio) (0.000) is also within normal values, averaging (3.152). AMC has a moderately low Dividend Yield (0.000) as compared to the industry average of (0.058). P/S Ratio (1.325) is also within normal values, averaging (111.062).
The Tickeron PE Growth Rating for this company is (best 1 - 100 worst), pointing to consistent 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 slightly worse than average price growth. AMC’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 Profit vs. Risk Rating rating for this company is (best 1 - 100 worst), indicating that the returns do not compensate for the risks. AMC’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 worse than average.
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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
a holding company with interest in movie theatres
Industry MoviesEntertainment
AMC and
Correlation & Price change
A.I.dvisor indicates that over the last year, AMC has been loosely correlated with MCS. These tickers have moved in lockstep 44% of the time. This A.I.-generated data suggests there is some statistical probability that if AMC jumps, then MCS could also see price increases.
| Ticker / NAME | Correlation To AMC | 1D Price Change % | ||
|---|---|---|---|---|
| AMC | 100% | +1.92% | ||
| MCS - AMC | 44% Loosely correlated | -1.43% | ||
| CNK - AMC | 40% Loosely correlated | +1.63% | ||
| ROKU - AMC | 38% Loosely correlated | +0.55% | ||
| IMAX - AMC | 37% Loosely correlated | -0.38% | ||
| DIS - AMC | 35% Loosely correlated | -0.65% | ||
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