Go to the list of all blogs
Anna G's Avatar
published in Blogs
Sep 12, 2023

Samsara ($IOT) Soars Sky High: A Whopping +24.87% Monthly Gain! ๐Ÿš€๐Ÿ“ˆ

๐ŸŒŸ Ignite Your Trading Journey with AI and $IOT Ticker! ๐ŸŒŸ

Attention all trading aficionados captivated by the $IOT ticker! Get ready to embrace the future of trading with our cutting-edge AI robots, meticulously designed to enhance your trading experience within this thriving sector.

๐Ÿš€ Dive into the world of trading with "Day Trader, Popular Stocks: Price Action Trading Strategy (TA&FA)," showcasing a remarkableย Annualized Return of +112%. This AI dynamo keeps you ahead of market changes, potentially turning every price shift into an opportunity.

๐Ÿš€ For those seeking enduring trends, "Trend Trader, Popular Stocks: Price Action Trading Strategy (TA&FA)" shines with an impressiveย Annualized Return of +92%.ย Let AI insights guide your trading decisions, allowing you to ride the waves of market dynamics for optimal returns.

Discover the future of trading with AI expertise! ๐Ÿ’ฐ๐Ÿค–

๐ŸŒŸ Spotlight on Samsara:

Samsara (IOT) is making headlines in the Packaged Software industry by charting an impressive +24.87% growth for the month, marking its spot at $31.58/share. Amid a pool of 902 stocks analyzed by A.I.dvisor in the software realm, we're observing a slightly bearish sentiment with 54.69% in a Downtrend.

๐Ÿ“Š Financials at a Glance:

A noteworthy earnings report unveiled on August 31 showcased an EPS of 0 cents โ€“ triumphing over the estimated -1 cent. Boasting 1.01M shares in the market, Samsara now claims a market cap of a staggering 16.35B.

๐Ÿ” Industry Overview:

The realm of Packaged Software centers on multiple software utilities bundled and sold as a cohesive unit. Giants like Microsoft, Oracle, and Adobe have been trailblazers in this domain, offering consumers a cost-efficient approach to software acquisition.

๐Ÿ“ˆ Market Dynamics:

  • Market Cap Dynamics:

  • With an average industry market cap at 8.51B, MSFT leads the brigade at 2.48T. Meanwhile, BLGI stands at the industry's lower end at 291.

  • Price Performance:

  • The Packaged Software sector witnessed an average weekly dip of -2%. Interestingly, the monthly growth remained stagnant at 0%, but the quarterly insights brought forth an encouraging 10% rise. EXOD bagged the highest price accolade with 150%, while HKIT took a harrowing -92% nosedive.

  • Volume Metrics:

  • On the volume front, weekly averages scaled up by 3%. However, monthly and quarterly averages depict a descending trend at -30% and -24%, respectively.

๐Ÿ“œ Fundamental Analysis:

  • Valuation Rating: 52
  • P/E Growth Rating: 72
  • Price Growth Rating: 61
  • SMR Rating: 83
  • Profit Risk Rating: 89
  • Seasonality Score: -20

๐Ÿ’ก Recent Performance & Outlook:

In the past week, IOT rose by +4.24% with a substantial daily volume of 299,463 shares. Despite facing a -10.34% drawdown, optimism blooms as future price projections place IOT at a tantalizing target of $41.23, suggesting a promising 34.90% ROI.

๐Ÿ”ฎ Verdict:

Samsara's remarkable surge has undoubtedly piqued investor interest. While the broader Packaged Software landscape portrays a mixed bag of trends, Samsara stands as a beacon of growth potential. As always, investors should tread with insight and foresight in this dynamic market.

Stay connected for more updates! ๐ŸŒ๐Ÿ””

Related Ticker: IOT

Momentum Indicator for IOT turns positive, indicating new upward trend

IOT saw its Momentum Indicator move above the 0 level on July 22, 2024. This is an indication that the stock could be shifting in to a new upward move. Traders may want to consider buying the stock or buying call options. Tickeron's A.I.dvisor looked at 41 similar instances where the indicator turned positive. In of the 41 cases, the stock moved higher in the following days. The odds of a move higher are at .

Price Prediction Chart

Technical Analysis (Indicators)

Bullish Trend Analysis

The Moving Average Convergence Divergence (MACD) for IOT just turned positive on June 26, 2024. Looking at past instances where IOT's MACD turned positive, the stock continued to rise in of 24 cases over the following month. The odds of a continued upward trend are .

IOT moved above its 50-day moving average on July 11, 2024 date and that indicates a change from a downward trend to an upward trend.

The 10-day moving average for IOT crossed bullishly above the 50-day moving average on July 12, 2024. This indicates that the trend has shifted higher and could be considered a buy signal. In of 7 past instances when the 10-day crossed above the 50-day, the stock continued to move higher 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 IOT advanced for three days, in of 157 cases, the price rose further within the following month. The odds of a continued upward trend are .

The Aroon Indicator entered an Uptrend today. In of 107 cases where IOT 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 IOT moved out of overbought territory on July 17, 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 16 similar instances where the indicator moved out of overbought territory. In of the 16 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 29 cases where IOT's Stochastic Oscillator exited the overbought zone, the price fell further within 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 IOT declined for three days, the price rose further in of 62 cases within the following month. The odds of a continued downward trend are .

IOT broke above its upper Bollinger Band on June 27, 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.

Fundamental Analysis (Ratings)

Fear & Greed

Tickeron has a positive outlook on this ticker and predicts a further increase by more than 4.00% within the next month with a likelihood of 79%.

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 Price Growth Rating for this company is (best 1 - 100 worst), indicating steady price growth. IOTโ€™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 (21.645) is normal, around the industry mean (30.646). P/E Ratio (0.000) is within average values for comparable stocks, (158.753). Projected Growth (PEG Ratio) (0.000) is also within normal values, averaging (2.738). Dividend Yield (0.000) settles around the average of (0.082) among similar stocks. P/S Ratio (20.534) is also within normal values, averaging (54.895).

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.

Notable companies

The most notable companies in this group are Microsoft Corp (NASDAQ:MSFT), Oracle Corp (NYSE:ORCL), Salesforce (NYSE:CRM), Adobe (NASDAQ:ADBE), Intuit (NASDAQ:INTU), Uber Technologies (NYSE:UBER), SERVICENOW (NYSE:NOW), Shopify (NYSE:SHOP), Palo Alto Networks (NASDAQ:PANW), CrowdStrike Holdings (NASDAQ:CRWD).

Industry description

Packaged software comprises multiple software programs bundled together and sold as a group. For example, Microsoft Office includes multiple applications such as Excel, Word, and PowerPoint. In some cases, buying a bundled product is cheaper than purchasing each item individually[s20] . Microsoft Corporation, Oracle Corp. and Adobe are some major American packaged software makers.

Market Cap

The average market capitalization across the Packaged Software Industry is 10.62B. The market cap for tickers in the group ranges from 291 to 3.15T. MSFT holds the highest valuation in this group at 3.15T. The lowest valued company is BLGI at 291.

High and low price notable news

The average weekly price growth across all stocks in the Packaged Software Industry was 1%. For the same Industry, the average monthly price growth was 3%, and the average quarterly price growth was 5%. STIXF experienced the highest price growth at 500%, while DTRK experienced the biggest fall at -56%.

Volume

The average weekly volume growth across all stocks in the Packaged Software Industry was 41%. For the same stocks of the Industry, the average monthly volume growth was -12% and the average quarterly volume growth was 59%

Fundamental Analysis Ratings

The average fundamental analysis ratings, where 1 is best and 100 is worst, are as follows

Valuation Rating: 52
P/E Growth Rating: 74
Price Growth Rating: 53
SMR Rating: 82
Profit Risk Rating: 89
Seasonality Score: 0 (-100 ... +100)
View a ticker or compare two or three
IOT
Daily Signal changed days ago
Gain/Loss if shorted
Show more...
Ad is loading...
A.I.Advisor
published price charts
A.I. Advisor
published General Information

General Information

Industry PackagedSoftware

Profile
Fundamentals
Details
Industry
Real Estate Development
Address
1 De Haro Street
Phone
+1 415 985-2400
Employees
2895
Web
https://www.samsara.com
Ad is loading...
Discover the dynamic world of cryptocurrency trading with Tickeron's AI analysis. Capitalize on bullish and bearish patterns in Origin Protocol (OGN.X), with gains up to 27.80%. Stay ahead with Tickeron's real-time insights and make informed trading decisions. #CryptoTrading #AIAnalysis #OriginProtocol #InvestSmart
#latest#popular#patterns#artificial_intelligence#trading#technical_analysis
Dive into the world of trading excellence with our Best AI Robot of the week! In a market characterized by growth, the key to maximizing profits lies not only in mainstream large-cap stocks but also in exploring opportunities across different market segments.
This article delves into the performance of AI trading robots, specifically those utilizing the "Swing trader: Long-Short Equity Strategy (TA&FA)." These bots showcased their prowess by delivering a notable +4.98% gain while engaging in MRNA trades over the previous week. Beyond mere statistics, we explore the technical indicators and recent earnings report of MRNA to shed light on the underlying dynamics influencing the stock.
Artificial intelligence (AI) trading bots have become powerful tools for investors seeking active trading opportunities. In a recent analysis conducted on the "Day Trader: High Volatility Stocks for Active Trading (TA&FA)" platform, AI trading bots exhibited impressive performance, generating a noteworthy +4.81% gain while actively trading Shopify (SHOP) over the course of the previous week.
In the dynamic world of finance, strategic asset acquisition is a game-changer. Recently, a group of stocks within this domain has been in the spotlight, showcasing notable performances and intriguing patterns. This article delves into the recent movements of these stocks, focusing on key indicators, market capitalization, notable price events, and volume dynamics.
The Tickeron quant team is delighted to introduce our best robot of the week tailored for Trend Traders. Our sophisticated AI Robot, has been designed for manual trading enthusiasts who value independent signal selection.
Tickeron's Quant team is delighted to introduce our latest AI-powered robot designed for trading small-cap stocks, employing a distinctive fundamental stock analysis algorithm. This algorithm, renowned for its blend of in-depth analysis and intuitive signal-following capabilities, is well-suited for both novice and seasoned traders.
The Tickeron quant team proudly presents our top-performing AI robot for swing traders. This robot stands out with its remarkable accuracy, empowering traders to capitalize on diverse market conditions and transaction types. Demonstrating its proficiency, it achieved profitability in short trades during last week's strong uptrend in the US stock markets.
One such example is the "Trend Trader: Popular Stocks (TA&FA)" platform, where AI trading robots demonstrated their prowess by generating a notable gain while actively trading Adobe Inc. (ADBE) over the previous week. In this article, we delve into a technical analysis of ADBE's recent performance, shedding light on key indicators and recent earnings results.
โ€‹โ€‹โ€‹โ€‹โ€‹โ€‹โ€‹The railroads sector, encompassing prominent players such as Canadian Pacific Railway (CP), CSX Corporation (CSX), Norfolk Southern Corporation (NSC), Canadian National Railway Company (CNI), and Union Pacific Corporation (UNP), has undergone a noteworthy surge in performance over the past week. However, a closer examination reveals a complex landscape marked by negative outlook signals and fluctuating market dynamics.
The Tickeron quant team is excited to introduce our premier AI robot, specifically optimized for Swing Traders. This tool represents the pinnacle of our technological advancements in trading algorithms. Excelling in the market, it has achieved an impressive feat, earning twice as much as the S&P 500 in just the past week.
In the whirlwind of the current mergers and acquisitions frenzy, investors are reaping substantial rewards as stocks within the merger industry theme surged by an impressive 20.9% on average over the past month.
The Tickeron quant team is delighted to introduce our top-performing AI robot tailored for beginners. Our AI Robot specializes in navigating the high-tech stocks within the NASDAQ 100 index, renowned for their liquidity and moderate volatilityโ€”making them an ideal choice for novice traders.
In the dynamic landscape of the US stock markets, where unpredictability has become the norm, finding a trading strategy that not only thrives in periods of growth but also shields against sharp corrections is paramount.
The Tickeron quant team proudly introduces our premier AI Robot, tailor-made for trend traders who prefer manual trading and selecting their own signals. This AI Robot stands out with its impressive track record of consistent trading predictions, empowering traders to align their decisions with personal preferences.
Tickeron is excited to highlight the exceptional performance of our top AI robot this week, given the recent downturn in major US stock indices. While the SP500, NASDAQ 100, and Dow Jones Industrial all experienced declines, our AI robot, thanks to its well-calibrated diversification across various industries, demonstrated remarkable resilience.
As the trading week came to a close on Friday, there were notable movements across various asset classes:
Tickeron's quant team diligently monitors developed trading algorithms daily to determine the most effective ones. Today, we are delighted to present three of the best robots tailored for swing traders, showcasing consistently positive results over several months, irrespective of market conditions. This week, they underscored their efficacy by yielding impressive gains across various stocks, even as major US stock indexes dipped.
Tickeron is excited to highlight the exceptional performance of our top AI robot this week. The US stock market has experienced a consistent upward trend for the past five months, heightening the anticipation of a forthcoming correction with each passing day.
Introducing our top-performing best AI Robot of the week, designed by Tickeron's expert quant team for trading small-cap stocks. This algorithm blends classical and proprietary technical indicators, honed through advanced machine learning, to empower users with effective portfolio diversification and maximum profitability in the dynamic market.