Swing Trader, Popular Stocks: Short Bias Strategy (TA&FA) developed by Tickeron's robot factory, has recently showcased its success with an impressive monthly return of 7.44% for XELA. This article will delve into the robot's performance, assess the bearish market outlook for XELA, and analyze the company's recent earnings results.
Swing Trader Robot's Performance: The trading robot employed in Tickeron's robot factory has proven its effectiveness with a commendable 7.44% return on investment for XELA during its monthly operation. This robust performance demonstrates the potential of utilizing automated systems in trading, especially when coupled with the Swing Trader strategy, which employs a short bias approach.
Bearish Market Outlook for XELA: The recent price action of XELA, where it has moved lower for three consecutive days, indicates a bearish sign. This downward trend should be closely monitored for potential future declines. Historical data reveals that in 396 out of 429 cases where XELA experienced a three-day decline, the price further decreased within the following month. Therefore, the odds of a continued downward trend are estimated to be around 90%.
Analysis of Earnings Results: On May 11, XELA released its latest earnings report, which showcased an earnings per share (EPS) of -5 cents. This result exceeded market expectations, surpassing the estimated EPS of -36 cents. Despite the loss, the beat in earnings estimates suggests that XELA's financial performance may be stronger than anticipated.
With 1.89 million shares outstanding, XELA's current market capitalization stands at approximately $29.82 million. The market capitalization indicates the total value of the company's outstanding shares and is an essential metric for investors to assess a company's worth in the market.
The Swing Trader robot, employed in Tickeron's robot factory, has demonstrated its success with an impressive 7.44% return for XELA during its monthly operation. The recent bearish market outlook for XELA, based on the stock's three-day decline and historical data, suggests a high probability of further price decreases in the near future.
While the earnings report revealed a loss, XELA managed to beat market expectations, indicating potential positive developments.
XELA saw its Moving Average Convergence Divergence Histogram (MACD) turn negative on September 11, 2023. This is a bearish signal that suggests the stock could decline going forward. Tickeron's A.I.dvisor looked at 41 instances where the indicator turned negative. In of the 41 cases the stock moved lower in the days that followed. This puts the odds of a downward move at .
The Momentum Indicator moved below the 0 level on September 07, 2023. You may want to consider selling the stock, shorting the stock, or exploring put options on XELA as a result. In of 73 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 10-day moving average for XELA crossed bearishly below the 50-day moving average on August 16, 2023. This indicates that the trend has shifted lower and could be considered a sell signal. In of 8 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 XELA 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 XELA entered a downward trend on September 21, 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.
The RSI Oscillator points to a transition from a downward trend to an upward trend -- in cases where XELA's RSI Oscillator exited the oversold zone, of 53 resulted in an increase in price. Tickeron's analysis proposes that the odds of a continued upward trend are .
The Stochastic Oscillator shows that the ticker has stayed in the oversold zone for 9 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.
Following a 3-day Advance, the price is estimated to grow further. Considering data from situations where XELA advanced for three days, in of 187 cases, the price rose further within the following month. The odds of a continued upward trend are .
XELA may jump back above the lower band and head toward the middle band. Traders may consider buying the stock or exploring call 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 Valuation Rating of (best 1 - 100 worst) indicates that the company is significantly overvalued 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 (0.000) is normal, around the industry mean (21.144). P/E Ratio (0.000) is within average values for comparable stocks, (153.099). Projected Growth (PEG Ratio) (0.000) is also within normal values, averaging (2.665). Dividend Yield (0.000) settles around the average of (0.088) among similar stocks. P/S Ratio (0.010) is also within normal values, averaging (74.068).
The Tickeron Price Growth Rating for this company is (best 1 - 100 worst), indicating slightly worse than average price growth. XELA’s price grows at a lower rate over the last 12 months as compared to 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. XELA’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.
The average fundamental analysis ratings, where 1 is best and 100 is worst, are as follows
a provider of financial technology and business services
A.I.dvisor indicates that over the last year, XELA has been closely correlated with IFBD. These tickers have moved in lockstep 74% of the time. This A.I.-generated data suggests there is a high statistical probability that if XELA jumps, then IFBD could also see price increases.