Robot's Trade Proficiency Shines with 5.41% Gain in PLUG Trade
This article focuses on the performance of the Swing trader: Deep Trend Analysis v.2 (TA) AI trading robot, which recently emerged as a top performer in Tickeron's robot factory. We will explore its performance over a week, analyze the bearish signals associated with PLUG's stock, and examine the company's recent earnings report.
AI Trading Robot's Performance: The Swing trader: Deep Trend Analysis v.2 (TA) AI trading robot showcased impressive performance within Tickeron's robot factory, particularly in relation to PLUG. Over the course of a week, the robot generated a noteworthy return of 5.41% for PLUG, establishing itself as a top performer. This success demonstrates the potential of AI-driven strategies in identifying profitable trading opportunities.
Bearish Signals and Future Declines: According to technical analysis, when a stock moves lower for three consecutive days, it is often perceived as a bearish sign. In the case of PLUG, this trend was observed recently. Traders and investors should closely monitor this stock for potential future declines. Analyzing historical data from similar situations where PLUG declined for three days, it was observed that in 259 out of 295 cases, the price declined further within the following month. This statistical pattern suggests that the odds of a continued downward trend for PLUG are approximately 88%.
Earnings Report Analysis: Turning our attention to PLUG's recent earnings report, which was released on May 09, we find some notable figures. The report indicated earnings per share (EPS) of -34 cents, which missed the estimated figure of -25 cents. This signifies that PLUG's earnings were lower than anticipated, potentially impacting investor sentiment and stock performance.
Considering PLUG's market capitalization, which is calculated by multiplying the number of outstanding shares by the current market price, we find that it currently sits at 4.64 billion dollars. With 18.73 million shares outstanding, the market capitalization reflects the overall value of the company as perceived by the stock market.
The Swing trader: Deep Trend Analysis v.2 (TA) AI trading robot has demonstrated its effectiveness in generating positive returns for PLUG within Tickeron's robot factory. However, caution is advised due to recent bearish signals and the historical tendency for PLUG's price to decline further after a three-day decline. Furthermore, the company's recent earnings report, which revealed lower-than-expected earnings per share, may contribute to market sentiment and impact PLUG's stock performance.
PLUG in -7.28% downward trend, sliding for three consecutive days on November 12, 2024
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 PLUG declined for three days, in of 346 cases, the price declined further within the following month. The odds of a continued downward trend are .
Technical Analysis (Indicators)
Bearish Trend Analysis
The Stochastic Oscillator has been in the overbought zone for 1 day. Expect a price pull-back in the near future.
The 10-day moving average for PLUG crossed bearishly below the 50-day moving average on November 18, 2024. This indicates that the trend has shifted lower and could be considered a sell signal. In of 12 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 .
PLUG broke above its upper Bollinger Band on November 29, 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.
Bullish Trend Analysis
The Momentum Indicator moved above the 0 level on November 25, 2024. You may want to consider a long position or call options on PLUG as a result. In of 78 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 PLUG just turned positive on November 25, 2024. Looking at past instances where PLUG's MACD turned positive, the stock continued to rise in of 46 cases over the following month. The odds of a continued upward trend are .
PLUG moved above its 50-day moving average on November 27, 2024 date and that indicates a change from a downward trend to an upward trend.
Following a 3-day Advance, the price is estimated to grow further. Considering data from situations where PLUG advanced for three days, in of 255 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 175 cases where PLUG Aroon's Indicator entered an Uptrend, the price rose further within the following month. The odds of a continued Uptrend are .
The Tickeron Valuation Rating of (best 1 - 100 worst) indicates that the company is fair valued 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 (0.812) is normal, around the industry mean (4.050). P/E Ratio (0.000) is within average values for comparable stocks, (40.807). PLUG's Projected Growth (PEG Ratio) (0.000) is slightly lower than the industry average of (1.638). Dividend Yield (0.000) settles around the average of (0.096) among similar stocks. P/S Ratio (2.298) is also within normal values, averaging (134.192).
The Tickeron Seasonality Score of (best 1 - 100 worst) indicates that the company is fair valued 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 steady price growth. PLUG’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 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. PLUG’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 79, 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
a developer of fuel cell technology and solutions
Industry ElectricalProducts