Last week, the rally in robot trading continued, with nearly all robots outperforming the leading indices. One notable robot, available at Swing-Trader-Popular-Stocks-Short-Bias-Strategy-TA-FA, achieved a return of over 3% for the week. There was a general upward trend across various stocks, with giants like Apple standing out, as the robot generated a profit of over 5% from Apple's stocks.
This AI Robot is designed for traders who prefer trading popular stocks with high liquidity and low spreads, primarily focusing on short positions. The strategy utilizes a combination of algorithms to identify upcoming reversal points in uptrends, making it effective even in market instability.
To enhance profitability and precision in trade execution, the algorithm employs distinct approaches for long and short positions. When entering a long trade, the robot sets a fixed "Take Profit" order at 5.5% above the opening price and a fixed "Stop Loss" order at 3% below the opening price. For short trades, the robot establishes fixed "Take Profit" and "Stop Loss" orders at 2.5% above and below the opening price, respectively, along with a flexible trailing stop, ensuring the preservation of most profits in the event of a market reversal.
This robot is particularly suitable for active swing traders who can effectively monitor 50-60 trades simultaneously. With an average trade duration of 3 days, following the signals provided by this robot is simple and accessible, even for beginner traders.
In the process of selecting stocks, the robot utilizes a proprietary method developed by a team of quantitative analysts to evaluate the strength and quality of momentum in the most active stocks within the US stock market. Additionally, a sophisticated algorithm comprising a range of technical indicators determines optimal entry points for positions. The algorithm places significant emphasis on balancing short and long positions, enabling the robot to withstand changes in the overall market trend.
The robot's trading results are presented without the use of margin. To access comprehensive trading statistics and equity charts, simply click on the "show more" button on the robot's page. The "Open Trades" tab allows users to witness the live selection, entry, and exit of equities in paper trades, while the "Closed Trades" tab provides a review of all previous trades executed by the AI Robot.
AAPL moved below its 50-day moving average on September 06, 2023 date and that indicates a change from an upward trend to a downward trend. In of 31 similar past instances, the stock price decreased further within the following month. The odds of a continued downward trend are .
The Momentum Indicator moved below the 0 level on September 12, 2023. You may want to consider selling the stock, shorting the stock, or exploring put options on AAPL as a result. In of 68 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 Moving Average Convergence Divergence Histogram (MACD) for AAPL turned negative on September 11, 2023. 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 40 similar instances when the indicator turned negative. In of the 40 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 AAPL 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 AAPL entered a downward trend on August 29, 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 RSI Indicator points to a transition from a downward trend to an upward trend -- in cases where AAPL's RSI Indicator exited the oversold zone, of 24 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.
Following a 3-day Advance, the price is estimated to grow further. Considering data from situations where AAPL advanced for three days, in of 336 cases, the price rose further within the following month. The odds of a continued upward trend are .
AAPL may jump back above the lower band and head toward the middle band. Traders may consider buying the stock or exploring call 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 89, placing this stock better than average.
The Tickeron SMR rating for this company is (best 1 - 100 worst), indicating very 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 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 steady price growth. AAPL’s price grows at a higher rate over the last 12 months as compared to 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 (45.662) is normal, around the industry mean (78.727). P/E Ratio (29.586) is within average values for comparable stocks, (43.202). Projected Growth (PEG Ratio) (2.243) is also within normal values, averaging (2.030). AAPL has a moderately low Dividend Yield (0.005) as compared to the industry average of (0.024). P/S Ratio (7.305) is also within normal values, averaging (78.891).
The average fundamental analysis ratings, where 1 is best and 100 is worst, are as follows
a manufacturer of mobile communication, media devices, personal computers, and portable digital music players
A.I.dvisor indicates that over the last year, AAPL has been loosely correlated with SONY. These tickers have moved in lockstep 54% of the time. This A.I.-generated data suggests there is some statistical probability that if AAPL jumps, then SONY could also see price increases.