Last week, the US stock indices finally showed an upward trajectory, offering a collective sigh of relief to many traders. However, we mustn't forget that this upward movement can signal the start of a new bull market or just a short-term correction. In these uncertain times, the stability and adaptability of your trading algorithm become paramount, ensuring you can profit regardless of the market's direction.
We are thrilled to introduce Tickeron's Best Robot of the Week, harnessing advanced AI-based technologies. This AI marvel is equipped to make accurate market predictions, irrespective of the market's movement. Notably, this past week, when the market surged upward, our AI robot delivered a remarkable 68% profitable trades, mirroring its performance from the previous week when the market trended downwards. With this AI at your side, you can trade with confidence and stability no matter the market conditions.
Swing Trader, Popular Stocks: Price Action Trading Strategy - Pro Version (TA&FA)
Click to view full description and closed trades for free!
This AI Robot is meticulously tailored for active swing traders who appreciate the art of manual trading and prioritize independent signal selection. Its proven track record of consistent trading predictions empowers traders to make well-informed choices that align with their unique trading preferences.
What makes this specialized robot exceptional is its primary objective: identifying mid-term price momentum, whether it's an upward or downward trend. It strategically leverages market volatility to its advantage, ensuring robust and consistent outcomes while mitigating risks. By meticulously assessing a wide array of shares to pinpoint optimal entry points, this algorithm enables a substantial volume of concurrent trades, reducing reliance on the outcome of any single trade and enhancing overall trading resilience.
The algorithm operates on a distinctive and intricate approach. It identifies potent price impulses across varying market conditions, taking into account factors like volatility and historical price patterns. Once it pinpoints the situation with the highest probability of sustained price movement, the analysis seamlessly transitions to identifying the ideal entry point using a proprietary set of indicators that evaluate both medium-term and short-term trends.
In our trading endeavors, we prioritize the most liquid and actively traded stocks within the dynamic US stock market. This prudent selection streamlines trade execution at desired entry points, alleviating concerns about spreads and liquidity. Furthermore, our decision-making is guided by fundamental indicators, steering us clear of shares associated with subpar business quality, thus minimizing exposure to potential risks like bankruptcy or delisting.
As we navigate through these ever-changing market conditions, Tickeron's AI-powered trading robot is your trusted companion. It offers the stability and adaptability you need to thrive in the world of trading. Join us today and embrace the future of trading with confidence!
Here are the latest trades:
The 10-day moving average for FAMI crossed bullishly above the 50-day moving average on October 23, 2024. This indicates that the trend has shifted higher and could be considered a buy signal. In of 13 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 .
The Momentum Indicator moved above the 0 level on October 14, 2024. You may want to consider a long position or call options on FAMI as a result. In of 89 past instances where the momentum indicator moved above 0, the stock continued to climb. The odds of a continued upward trend are .
FAMI moved above its 50-day moving average on October 22, 2024 date and that indicates a change from a downward trend to an upward trend.
Following a +5 3-day Advance, the price is estimated to grow further. Considering data from situations where FAMI advanced for three days, in of 219 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 90 cases where FAMI Aroon's Indicator entered an Uptrend, the price rose further within the following month. The odds of a continued Uptrend are .
The 10-day RSI Indicator for FAMI moved out of overbought territory on October 25, 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 20 similar instances where the indicator moved out of overbought territory. In of the 20 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 36 cases where FAMI'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 FAMI declined for three days, the price rose further in of 62 cases within the following month. The odds of a continued downward trend are .
FAMI broke above its upper Bollinger Band on October 23, 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.
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 Price Growth Rating for this company is (best 1 - 100 worst), indicating fairly steady price growth. FAMI’s price grows at a lower 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 (0.033) is normal, around the industry mean (6.522). P/E Ratio (0.353) is within average values for comparable stocks, (26.887). FAMI's Projected Growth (PEG Ratio) (0.000) is slightly lower than the industry average of (2.471). Dividend Yield (0.000) settles around the average of (0.043) among similar stocks. P/S Ratio (0.008) is also within normal values, averaging (66.610).
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. FAMI’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 81, placing this stock worse than average.
The average fundamental analysis ratings, where 1 is best and 100 is worst, are as follows
an operator of online store for organic foods and nuts
Industry FoodSpecialtyCandy