The "Trend Trader: Popular Stocks (TA&FA)" AI trading robot has recently demonstrated its prowess by emerging as a top performer in Tickeron's robot factory. Over the span of a week, it generated an impressive 5.10% return for TTD (Tickeron Trading Data), a leading stock. Additionally, TTD's Moving Average Convergence Divergence (MACD) turned positive on May 17, 2023, further signaling a potential upward trend. In this article, we will analyze the implications of the positive MACD signal, historical trends, and recent earnings results to assess the outlook for TTD.
Positive MACD Signal and Historical Trends: When examining TTD's MACD, which is a technical indicator used to identify potential bullish or bearish trends, we observe that it turned positive on May 17, 2023. Analyzing past instances where TTD's MACD turned positive, we find that in 42 out of 47 cases, the stock continued to rise over the following month. This suggests an 89% probability of a continued upward trend. The positive MACD signal, combined with the AI trading robot's strong performance, provides further evidence of potential growth for TTD.
Impressive Earnings Report: TTD's recent earnings report, released on May 10, 2023, revealed earnings per share (EPS) of 23 cents, surpassing market expectations of 12 cents. This robust performance highlights the company's ability to generate profits and suggests positive market sentiment surrounding TTD. With 866.46K shares outstanding, TTD's current market capitalization stands at an impressive 32.34 billion dollars. These figures underscore the company's financial strength and market position, contributing to the overall positive outlook.
The combination of the Trend Trader AI trading robot's impressive performance, a positive MACD signal, and strong earnings results paints a favorable picture for TTD. Investors may find the historical trend of TTD's MACD turning positive and subsequent stock price increases to be encouraging indicators for potential future gains. Additionally, TTD's earnings report exceeded market expectations, highlighting the company's solid financial performance. While investing in the stock market carries inherent risks, the current market conditions and the factors discussed in this analysis suggest a potential upward trajectory for TTD.
TTD's Aroon Indicator triggered a bullish signal on October 23, 2024. Tickeron's A.I.dvisor detected that the AroonUp green line is above 70 while the AroonDown red line is below 30. When the up indicator moves above 70 and the down indicator remains below 30, it is a sign that the stock could be setting up for a bullish move. Traders may want to buy the stock or look to buy calls options. A.I.dvisor looked at 242 similar instances where the Aroon Indicator showed a similar pattern. In of the 242 cases, the stock moved higher in the days that followed. This puts the odds of a move higher at .
Following a 3-day Advance, the price is estimated to grow further. Considering data from situations where TTD advanced for three days, in of 361 cases, the price rose further within the following month. The odds of a continued upward trend are .
The 10-day RSI Indicator for TTD moved out of overbought territory on October 23, 2024. This could be a bearish sign for the stock. Traders may want to consider selling the stock or buying put options. Tickeron's A.I.dvisor looked at 44 similar instances where the indicator moved out of overbought territory. In of the 44 cases, the stock moved lower in the following days. This puts the odds of a move lower at .
The Stochastic Oscillator may be shifting from an upward trend to a downward trend. In of 70 cases where TTD's Stochastic Oscillator exited the overbought zone, the price fell further within the following month. The odds of a continued downward trend are .
The Moving Average Convergence Divergence Histogram (MACD) for TTD turned negative on October 23, 2024. This could be a sign that the stock is set to turn lower in the coming weeks. Traders may want to sell the stock or buy put options. Tickeron's A.I.dvisor looked at 50 similar instances when the indicator turned negative. In of the 50 cases the stock turned lower in the days that followed. This puts the odds of success at .
Following a 3-day decline, the stock is projected to fall further. Considering past instances where TTD declined for three days, the price rose further in of 62 cases within the following month. The odds of a continued downward trend are .
TTD broke above its upper Bollinger Band on October 11, 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.
The Tickeron Profit vs. Risk Rating rating for this company is (best 1 - 100 worst), indicating low risk on high returns. The average Profit vs. Risk Rating rating for the industry is 88, placing this stock better than average.
The Tickeron Price Growth Rating for this company is (best 1 - 100 worst), indicating steady price growth. TTD’s price grows at a higher rate over the last 12 months as compared to S&P 500 index constituents.
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 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 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 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 (19.724) is normal, around the industry mean (30.698). P/E Ratio (242.500) is within average values for comparable stocks, (161.895). Projected Growth (PEG Ratio) (3.449) is also within normal values, averaging (2.738). Dividend Yield (0.000) settles around the average of (0.083) among similar stocks. P/S Ratio (22.422) is also within normal values, averaging (55.771).
The average fundamental analysis ratings, where 1 is best and 100 is worst, are as follows
a provider of online advertising exchange
Industry PackagedSoftware