Swing Trader: Deep Trend Analysis (TA) is an AI trading robot that has been performing well in the stock market. In the previous week, the robot was able to generate a gain of 4.83% in just two trades by trading WKHS. However, recent technical analysis suggests that the stock may be entering a new downward move.
On May 12, 2023, WKHS saw its Momentum Indicator move below the 0 level, indicating that the stock may be entering a new downward trend. Traders may want to consider selling the stock or exploring put options. Tickeron's A.I.dvisor, which is a tool that uses artificial intelligence to provide investment recommendations, looked at 75 similar instances where the indicator turned negative. In 69 out of 75 cases, the stock moved further down in the following days. The odds of a decline are at 90%.
In addition to the technical analysis, it is important to consider the company's earnings report. WKHS's last earnings report on March 01 showed earnings per share of -23 cents, which missed the estimate of -18 cents. This suggests that the company may be struggling financially, which could further impact the stock's performance.
As of May 13, 2023, the company has 11.57 million shares outstanding, and the current market capitalization is $154.92 million. It is important to consider these financial metrics when making investment decisions, as they provide insight into the company's valuation.
In conclusion, while the Swing Trader: Deep Trend Analysis (TA) AI trading robot has been performing well, recent technical analysis suggests that the WKHS stock may be entering a new downward trend. Additionally, the company's last earnings report showed disappointing results, which could further impact the stock's performance.
Moving higher for three straight days is viewed as a bullish sign. Keep an eye on this stock for future growth. Considering data from situations where WKHS advanced for three days, in of 252 cases, the price rose further within the following month. The odds of a continued upward trend are .
The RSI Oscillator points to a transition from a downward trend to an upward trend -- in cases where WKHS's RSI Oscillator exited the oversold zone, of 46 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 3 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.
WKHS may jump back above the lower band and head toward the middle band. Traders may consider buying the stock or exploring call options.
The Momentum Indicator moved below the 0 level on May 12, 2023. You may want to consider selling the stock, shorting the stock, or exploring put options on WKHS as a result. In of 75 cases where the Momentum Indicator fell below 0, the stock fell further within the subsequent 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 WKHS 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 WKHS entered a downward trend on May 22, 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.
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 (1.579) is normal, around the industry mean (9.572). P/E Ratio (3.200) is within average values for comparable stocks, (95.986). Projected Growth (PEG Ratio) (0.000) is also within normal values, averaging (5.867). WKHS has a moderately low Dividend Yield (0.000) as compared to the industry average of (0.041). P/S Ratio (21.505) is also within normal values, averaging (73.631).
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 Tickeron Price Growth Rating for this company is (best 1 - 100 worst), indicating slightly worse than average price growth. WKHS’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. WKHS’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.
The average fundamental analysis ratings, where 1 is best and 100 is worst, are as follows
a manufactures of high performance, medium duty trucks
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|Morgan Stanley Inst Permanence I|
|Vanguard Consumer Discretionary Idx Adm|
|Goldman Sachs Mid Cap Value R|
|GuideStone Funds Impact Equity Inv|
|Lord Abbett Small Cap Value A|
A.I.dvisor indicates that over the last year, WKHS has been loosely correlated with RIDE. These tickers have moved in lockstep 65% of the time. This A.I.-generated data suggests there is some statistical probability that if WKHS jumps, then RIDE could also see price increases.
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|RIVN - WKHS|
|LCID - WKHS|
|GP - WKHS|
|NIO - WKHS|