Smart Investing: $TLRY Rakes in +5.02% Profits via Automated Trading.
Artificial intelligence-powered trading robots have been making waves, demonstrating their capabilities in the volatile world of finance. At "Trend Trader, Popular Stocks: Price Action Trading Strategy (TA&FA)," these AI-driven bots successfully generated a remarkable +5.02% gain while trading TLRY over the previous week. In this article, we delve into the technical analysis of TLRY's recent performance, focusing on key indicators, earnings results, market capitalization, and notable price and volume movements within the Pharmaceuticals: Other Industry.
Technical Indicator Insights: TLRY's RSI Oscillator
One notable technical signal for TLRY is the movement of its 10-day Relative Strength Index (RSI) Oscillator. On December 29, 2023, the RSI moved out of the overbought zone, suggesting a potential shift from an upward to a downward trend. According to Tickeron's A.I.dvisor, in 15 out of 16 instances where the RSI exited the overbought zone, the stock moved lower in the subsequent days. This statistical pattern places the odds of a downward move at a substantial 90%. Traders are advised to consider selling the stock or exploring put options in response to this signal.
Earnings Report Overview: January 09, 2024
TLRY's latest earnings report, dated January 09, 2024, revealed earnings per share of -7 cents, falling short of the estimated -5 cents. The company, with 12.73 million shares outstanding, currently holds a market capitalization of 1.29 billion. Analyzing the earnings miss and its impact on the stock's valuation provides valuable insights for investors considering their positions in TLRY.
Market Capitalization Comparison in Pharmaceuticals: Other Industry
Comparing TLRY's market capitalization with industry peers is crucial for understanding its relative standing. In the Pharmaceuticals: Other Industry, the average market capitalization is 2.79 billion, with a range spanning from 246 million (PEMTF) to a staggering 82.08 billion (ZTS). TLRY's position within this spectrum influences its attractiveness to investors and potential for future growth.
Price Movement Metrics: Highs, Lows, and Industry Averages
Analyzing TLRY's price movements alongside industry benchmarks provides context for evaluating its performance. The average weekly, monthly, and quarterly price growth across all stocks in the Pharmaceuticals: Other Industry stands at 0%, 34%, and 21%, respectively. TLRY's individual price trajectory becomes more apparent when compared to its industry counterparts, offering insights into its relative strength and weaknesses.
Notable high and low price movements within the industry further highlight TLRY's performance. With UPC experiencing the highest price growth at 66%, and CNGGF witnessing a significant fall at -52%, understanding these extremes aids in contextualizing TLRY's own price dynamics.
Volume Trends in Pharmaceuticals: Other Industry
Examining TLRY's trading volume alongside industry trends is essential for assessing investor sentiment. The average weekly, monthly, and quarterly volume growth across all stocks in the Pharmaceuticals: Other Industry is -3%, 34%, and -17%, respectively. TLRY's volume trends, compared to industry averages, provide valuable insights into the level of interest and activity surrounding the stock.
In summary, the technical analysis of TLRY's recent performance, encompassing indicators, earnings results, market capitalization, price movements, and volume trends, offers investors a comprehensive understanding of the stock's current position and potential future trajectory.
TLRY in upward trend: price expected to rise as it breaks its lower Bollinger Band on October 10, 2024
TLRY may jump back above the lower band and head toward the middle band. Traders may consider buying the stock or exploring call options. In of 29 cases where TLRY's price broke its lower Bollinger Band, its price rose further in the following month. The odds of a continued upward trend are .
Technical Analysis (Indicators)
Bullish Trend Analysis
The RSI Indicator entered the oversold zone -- be on the watch for TLRY's price rising or consolidating in the future. That's also the time to consider buying the stock or exploring call options.
The Momentum Indicator moved above the 0 level on October 22, 2024. You may want to consider a long position or call options on TLRY as a result. In of 82 past instances where the momentum indicator moved above 0, the stock continued to climb. The odds of a continued upward trend are .
The Moving Average Convergence Divergence (MACD) for TLRY just turned positive on October 22, 2024. Looking at past instances where TLRY's MACD turned positive, the stock continued to rise in of 43 cases over the following month. The odds of a continued upward trend are .
TLRY moved above its 50-day moving average on October 28, 2024 date and that indicates a change from a downward trend to an upward trend.
Following a 3-day Advance, the price is estimated to grow further. Considering data from situations where TLRY advanced for three days, in of 214 cases, the price rose further within the following month. The odds of a continued upward trend are .
Bearish Trend Analysis
The Stochastic Oscillator may be shifting from an upward trend to a downward trend. In of 45 cases where TLRY'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 TLRY 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 TLRY entered a downward trend on October 21, 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.
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 (0.545) is normal, around the industry mean (56.825). P/E Ratio (8.518) is within average values for comparable stocks, (89.935). TLRY's Projected Growth (PEG Ratio) (0.000) is slightly lower than the industry average of (2.890). Dividend Yield (0.000) settles around the average of (0.122) among similar stocks. P/S Ratio (2.355) is also within normal values, averaging (18.882).
The Tickeron Price Growth Rating for this company is (best 1 - 100 worst), indicating steady price growth. TLRY’s price grows at a higher 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 Seasonality Score of (best 1 - 100 worst) indicates that the company is significantly overvalued in the industry. The Tickeron Seasonality score describes the variance of predictable price changes around the same period every calendar year. These changes can be tied to a specific month, quarter, holiday or vacation period, as well as a meteorological or growing season.
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. TLRY’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 90, placing this stock worse than average.
Notable companies
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Fundamental Analysis Ratings
The average fundamental analysis ratings, where 1 is best and 100 is worst, are as follows
General Information
a holding company, whose subsidiaries engages in research, cultivation, processing and distribution of medical cannabis
Industry PharmaceuticalsOther