Robotic Triumph: RIOT Stocks Propel Profits by Nearly 6% in a Stellar Week.
The previous week was exceptionally favorable for our robots. Almost all of them were profitable, with many achieving returns of 5-6% across various stocks. One notable example is our robot's Swing-Trader-Popular-Stocks-Short-Bias-Strategy-TA-FA performance with RIOT PLATFORMS, where it generated a remarkable 6% return during the past week.
This particular AI robot is designed for traders who prefer actively trading popular stocks with high liquidity and low spreads, focusing primarily on short positions. Its strategy utilizes a combination of advanced algorithms to identify potential reversal points during upcoming uptrends, making it particularly effective during periods of market instability.
To enhance profitability and precision in trade execution, the algorithm employs distinct approaches for long and short positions. After entering a long trade, the robot places a fixed "Take Profit" order at 5.5% above the entry price, along with a fixed "Stop Loss" order set at 3% below the entry price. For short trades, the robot sets fixed "Take Profit" and "Stop Loss" orders at 2.5% below the entry price, supplemented by a flexible trailing stop mechanism to preserve profits in the event of a market reversal.
This robot is ideally suited for active swing traders who can dedicate ample time to monitor multiple trades simultaneously. With an average trade duration of three days, following the signals provided by this robot is straightforward and accessible even for beginner traders.
In selecting stocks, the robot employs a proprietary method developed by our team of quantitative analysts to evaluate the strength and quality of momentum in the most active stocks within the US stock market. Subsequently, a sophisticated algorithm, comprising a range of technical indicators, determines optimal entry points for each position. The algorithm places significant emphasis on maintaining a balanced distribution between short and long positions, allowing the robot to withstand fluctuations in the overall market trend.
Please note that the robot's trading results are presented without utilizing margin. For a comprehensive overview of the trading statistics and equity chart, you can click the "show more" button on the robot's page. The "Open Trades" tab provides live insights into how the AI Robot selects equities, enters and exits paper trades, while the "Closed Trades" tab offers a comprehensive review of all previous trades executed by the AI Robot.
This particular AI robot is designed for traders who prefer actively trading popular stocks with high liquidity and low spreads, focusing primarily on short positions. Its strategy utilizes a combination of advanced algorithms to identify potential reversal points during upcoming uptrends, making it particularly effective during periods of market instability.
To enhance profitability and precision in trade execution, the algorithm employs distinct approaches for long and short positions. After entering a long trade, the robot places a fixed "Take Profit" order at 5.5% above the entry price, along with a fixed "Stop Loss" order set at 3% below the entry price. For short trades, the robot sets fixed "Take Profit" and "Stop Loss" orders at 2.5% below the entry price, supplemented by a flexible trailing stop mechanism to preserve profits in the event of a market reversal.
This robot is ideally suited for active swing traders who can dedicate ample time to monitor multiple trades simultaneously. With an average trade duration of three days, following the signals provided by this robot is straightforward and accessible even for beginner traders.
In selecting stocks, the robot employs a proprietary method developed by our team of quantitative analysts to evaluate the strength and quality of momentum in the most active stocks within the US stock market. Subsequently, a sophisticated algorithm, comprising a range of technical indicators, determines optimal entry points for each position. The algorithm places significant emphasis on maintaining a balanced distribution between short and long positions, allowing the robot to withstand fluctuations in the overall market trend.
Please note that the robot's trading results are presented without utilizing margin. For a comprehensive overview of the trading statistics and equity chart, you can click the "show more" button on the robot's page. The "Open Trades" tab provides live insights into how the AI Robot selects equities, enters and exits paper trades, while the "Closed Trades" tab offers a comprehensive review of all previous trades executed by the AI Robot.
RIOT's Indicator enters downward trend
The Aroon Indicator for RIOT entered a downward trend on September 28, 2023. Tickeron's A.I.dvisor identified a pattern where the AroonDown red line was above 70 while the AroonUp green line was below 30 for three straight days. This could indicate a strong downward move is ahead for the stock. Traders may want to consider selling the stock or buying put options. A.I.dvisor looked at 233 similar instances where the Aroon Indicator formed such a pattern. In of the 233 cases the stock moved lower. This puts the odds of a downward move at .
Technical Analysis (Indicators)
Bearish Trend Analysis
The Momentum Indicator moved below the 0 level on September 13, 2023. You may want to consider selling the stock, shorting the stock, or exploring put options on RIOT as a result. In of 74 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 RIOT declined for three days, the price rose further in of 62 cases within the following month. The odds of a continued downward trend are .
Bullish Trend Analysis
The RSI Oscillator points to a transition from a downward trend to an upward trend -- in cases where RIOT's RSI Oscillator exited the oversold zone, of 39 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 6 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.
The Moving Average Convergence Divergence (MACD) for RIOT just turned positive on September 28, 2023. Looking at past instances where RIOT's MACD turned positive, the stock continued to rise in of 44 cases over the following month. 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 RIOT advanced for three days, in of 251 cases, the price rose further within the following month. The odds of a continued upward trend are .
RIOT may jump back above the lower band and head toward the middle band. Traders may consider buying the stock or exploring call options.
Fundamental Analysis (Ratings)
The Tickeron Price Growth Rating for this company is (best 1 - 100 worst), indicating fairly steady price growth. RIOT’s price grows at a lower rate over the last 12 months as compared to S&P 500 index constituents.
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 (1.347) is normal, around the industry mean (4.674). P/E Ratio (75.188) is within average values for comparable stocks, (35.470). RIOT's Projected Growth (PEG Ratio) (0.000) is slightly lower than the industry average of (2.310). RIOT has a moderately low Dividend Yield (0.000) as compared to the industry average of (0.035). P/S Ratio (5.587) is also within normal values, averaging (129.858).
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. RIOT’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 77, placing this stock worse than average.
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.
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 financial conglomerate
Industry InvestmentBanksBrokers
RIOT and
Correlation & Price change
A.I.dvisor indicates that over the last year, RIOT has been closely correlated with MARA. These tickers have moved in lockstep 86% of the time. This A.I.-generated data suggests there is a high statistical probability that if RIOT jumps, then MARA could also see price increases.
| Ticker / NAME | Correlation To RIOT | 1D Price Change % | ||
|---|---|---|---|---|
| RIOT | 100% | +4.55% | ||
| MARA - RIOT | 86% Closely correlated | +6.99% | ||
| HUT - RIOT | 81% Closely correlated | +3.65% | ||
| MSTR - RIOT | 79% Closely correlated | +4.21% | ||
| CLSK - RIOT | 78% Closely correlated | +4.32% | ||
| BITF - RIOT | 74% Closely correlated | +4.81% | ||
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