Robots' Rally Endures: Our Robots Achieved Over 5% Profits on MULN Stocks Last Week
"A Week of Excellence: Our Robots Thrive, Including This Remarkable Robot"
Last week proved to be highly successful for many of our robots, and this particular robot, found at Swing-trader-Downtrend-Protection-v-2-TA, was no exception.
Designed to provide downtrend protection, this robot is tailored for traders seeking optimal results in volatile market conditions. By employing advanced algorithms and filters, it identifies opportune moments to enter trades, safeguarding against potential downtrends.
For instance, let's examine the performance of the MULN (MULLEN AUTOMOTIVE) stock. Our AI robot achieved remarkable gains, surpassing 5% in just one week.
To delve deeper into the trading statistics and equity chart, visit the robot's page and click on the "show more" button. In the "Open Trades" tab, you can witness the live decision-making process of the AI robot as it selects equities, executes trades, and exits paper trades. Additionally, the "Closed Trades" tab provides an overview of all previous trades executed by the AI robot.
With the previous week's success serving as a testament to the capabilities of our robots, this particular robot stands out as an exceptional tool for traders looking to navigate market downtrends effectively.
On Tuesday, stocks experienced a second consecutive day of lower closing prices. The Dow declined by 245.25 points, equivalent to a 0.72% decrease. The S&P 500 also saw a slide of 0.47%, while the Nasdaq Composite experienced a more modest loss of 0.16%. Our robots also incurred minor setbacks amidst these further breakthroughs.
Momentum Indicator for MULN turns negative, indicating new downward trend
MULN saw its Momentum Indicator move below the 0 level on November 26, 2024. This is an indication that the stock could be shifting in to a new downward move. Traders may want to consider selling the stock or exploring put options. Tickeron's A.I.dvisor looked at 67 similar instances where the indicator turned negative. In of the 67 cases, the stock moved further down in the following days. The odds of a decline are at .
Technical Analysis (Indicators)
Bearish Trend Analysis
The 10-day moving average for MULN crossed bearishly below the 50-day moving average on December 09, 2024. This indicates that the trend has shifted lower and could be considered a sell signal. In of 10 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 .
Following a 3-day decline, the stock is projected to fall further. Considering past instances where MULN 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 MULN entered a downward trend on December 24, 2024. This could indicate a strong downward move is ahead for the stock. Traders may want to consider selling the stock or buying put options.
Bullish Trend Analysis
The RSI Indicator shows that the ticker has stayed in the oversold zone for 7 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 Uptrend is expected.
The Stochastic Oscillator shows that the ticker has stayed in the oversold zone for 18 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 MULN just turned positive on December 24, 2024. Looking at past instances where MULN's MACD turned positive, the stock continued to rise in of 39 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 MULN advanced for three days, in of 189 cases, the price rose further within the following month. The odds of a continued upward trend 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 (0.155) is normal, around the industry mean (6.142). P/E Ratio (0.001) is within average values for comparable stocks, (18.218). Projected Growth (PEG Ratio) (0.000) is also within normal values, averaging (5.723). MULN has a moderately low Dividend Yield (0.000) as compared to the industry average of (0.042). P/S Ratio (14.265) is also within normal values, averaging (78.580).
The Tickeron Price Growth Rating for this company is (best 1 - 100 worst), indicating slightly worse than average price growth. MULN’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 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 Profit vs. Risk Rating rating for this company is (best 1 - 100 worst), indicating that the returns do not compensate for the risks. MULN’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 88, placing this stock worse than average.
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