SBLK's Financial Growth Driven by AI Trading Robot's 4.91% Profit
Swing Trader: Popular Stocks (TA&FA) is an AI trading robot that has generated an impressive 4.91% return for SBLK in Tickeron's robot factory over the past week. This kind of performance is what makes AI trading robots increasingly popular among traders, as they are designed to analyze large amounts of data and identify patterns that may not be immediately apparent to human traders.
One such pattern that the Swing Trader: Popular Stocks (TA&FA) robot has identified is the movement of the Relative Strength Index (RSI) oscillator for SBLK out of oversold territory on May 05, 2023. This is a signal that the stock may be shifting from a downward trend to an upward trend, which could present an opportunity for traders to buy the stock or call options.
To support this analysis, the A.I.dvisor looked at 23 similar instances when the RSI oscillator left oversold territory. In 21 of the 23 cases, the stock moved higher, indicating that the odds of a move higher are around 90%. This reinforces the suggestion that SBLK may be a good buy for traders who are looking to capitalize on the potential upward trend.
Turning to the earnings results, the last report on February 16 showed earnings per share (EPS) of 89 cents, which beat the estimate of 87 cents. With 763.08K shares outstanding, the current market capitalization for SBLK sits at 1.98B. These figures suggest that SBLK is a relatively stable company with solid earnings, which may make it an attractive investment for traders who are looking for a longer-term position.
SBLK's RSI Indicator ascending out of oversold territory
The RSI Oscillator for SBLK moved out of oversold territory on May 26, 2023. This could be a sign that the stock is shifting from a downward trend to an upward trend. Traders may want to buy the stock or call options. The A.I.dvisor looked at 23 similar instances when the indicator left oversold territory. In of the 23 cases the stock moved higher. This puts the odds of a move higher at .
Technical Analysis (Indicators)
Bullish Trend Analysis
The Stochastic Oscillator demonstrated that the ticker has stayed in the oversold zone for 2 days, 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 SBLK advanced for three days, in of 305 cases, the price rose further within the following month. The odds of a continued upward trend are .
SBLK may jump back above the lower band and head toward the middle band. Traders may consider buying the stock or exploring call options.
Bearish Trend Analysis
The Momentum Indicator moved below the 0 level on May 22, 2023. You may want to consider selling the stock, shorting the stock, or exploring put options on SBLK as a result. In of 83 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 SBLK turned negative on May 24, 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 47 similar instances when the indicator turned negative. In of the 47 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 SBLK 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 SBLK entered a downward trend on May 26, 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.
Fundamental Analysis (Ratings)
The Tickeron Valuation Rating of (best 1 - 100 worst) indicates that the company is seriously undervalued 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 (0.920) is normal, around the industry mean (0.969). P/E Ratio (4.149) is within average values for comparable stocks, (6.640). SBLK's Projected Growth (PEG Ratio) (0.000) is very low in comparison to the industry average of (0.374). Dividend Yield (0.287) settles around the average of (0.161) among similar stocks. P/S Ratio (1.407) is also within normal values, averaging (1.326).
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 71, placing this stock better than average.
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 SMR rating for this company is (best 1 - 100 worst), indicating 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 Price Growth Rating for this company is (best 1 - 100 worst), indicating slightly worse than average price growth. SBLK’s price grows at a lower rate over the last 12 months as compared to S&P 500 index constituents.
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Fundamental Analysis Ratings
The average fundamental analysis ratings, where 1 is best and 100 is worst, are as follows
