Robots Generate Over 5% Profit on ADR XPENG Inc. (XPEV-$9.02) Last Week
Last week, despite the uncertainty in Washington, stocks were rising. The Nasdaq Composite index gained 3.04%, the S&P 500 increased by 1.65%, and the Dow Jones index grew by 0.38%. At the same time, our robots showed mixed results for the past week. Stocks and ETFs in the technology sector contributed to the growth, but the overall market remained stagnant or even declined. It is worth noting the ADR XPENG Inc. (XPEV), which rose by 5% last week, as indicated by the robot that earned it, available at Swing-trader-Deep-Trend-Analysis-TA.
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On Monday, President Joe Biden and Speaker of the House Kevin McCarthy are set to meet to continue negotiations. One of the main issues they are facing is the potential default on U.S. debt, which, according to Treasury Secretary Janet Yellen, could occur as early as June 1st.
The upcoming week is expected to have a light amount of economic data. On Thursday, the second estimate of GDP for the first quarter will be released, and on Friday, the Personal Consumption Expenditures (PCE) inflation index will be published. Additionally, on Wednesday, the minutes of the Federal Reserve meeting are expected to be released, which may provide insights into the central banks' future plans regarding interest rate hikes.
XPEV sees its 50-day moving average cross bullishly above its 200-day moving average
The 50-day moving average for XPEV moved above the 200-day moving average on October 09, 2024. This could be a long-term bullish signal for the stock as the stock shifts to an upward trend.
Technical Analysis (Indicators)
Bullish Trend Analysis
The Stochastic Oscillator demonstrated that the ticker has stayed in the oversold zone for 1 day, which means it's wise to expect a price bounce in the near future.
Following a 3-day Advance, the price is estimated to grow further. Considering data from situations where XPEV advanced for three days, in of 228 cases, the price rose further within the following month. The odds of a continued upward trend are .
XPEV may jump back above the lower band and head toward the middle band. Traders may consider buying the stock or exploring call options.
The Aroon Indicator entered an Uptrend today. In of 148 cases where XPEV Aroon's Indicator entered an Uptrend, the price rose further within the following month. The odds of a continued Uptrend are .
Bearish Trend Analysis
The 10-day RSI Indicator for XPEV moved out of overbought territory on October 08, 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 18 similar instances where the indicator moved out of overbought territory. In of the 18 cases, the stock moved lower in the following days. This puts the odds of a move lower at .
The Momentum Indicator moved below the 0 level on October 14, 2024. You may want to consider selling the stock, shorting the stock, or exploring put options on XPEV as a result. In of 69 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 XPEV turned negative on October 14, 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 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 XPEV 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 Tickeron Price Growth Rating for this company is (best 1 - 100 worst), indicating steady price growth. XPEV’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 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 (1.434) is normal, around the industry mean (6.019). P/E Ratio (0.000) is within average values for comparable stocks, (18.031). Projected Growth (PEG Ratio) (0.000) is also within normal values, averaging (5.553). XPEV has a moderately low Dividend Yield (0.000) as compared to the industry average of (0.043). P/S Ratio (1.567) is also within normal values, averaging (76.807).
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. XPEV’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 86, placing this stock worse than average.
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a designer, developer, and manufacturer smart electric vehicles
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