Today, I would like to highlight this particular robot that has been consolidating for quite some time and is now breaking out to new levels, indicating its readiness to reach new heights. For example, last week, the robot Swing-trader-Deep-Trend-Analysis-TA earned over 4% trading ChargePoint Holdings (CHPT) stocks.
This robot, the Swing trader: Deep Trend Analysis (TA), utilizes advanced trend analysis algorithms with a unique combination of several types of moving averages. This enables traders to more accurately determine the direction of the current trend for each stock and select the most effective algorithm for generating signals to open trades.
To further enhance performance, the robot employs a wide diversification strategy, allowing it to tailor the most appropriate system for each individual stock. Additionally, the AI Robot initiates trades against the trend during the trend period and vice versa.
The average trade duration is one day. Once a trade is entered, the AI Robot sets a "Take profit" order, with the distance based on the current market volatility. To exit a position, the robot utilizes two options: a 3% stop loss based on the position's opening price and a flexible trailing stop, which helps preserve most of the profit in case of a market reversal.
The robot's trading results are shown without using margin. For comprehensive trading statistics and equity chart, click on the "show more" button on the robot's page. In the "Open Trades" tab, traders can observe how the AI Robot selects equities, enters, and exits paper trades in real-time. The "Closed Trades" tab allows users to review all previous trades made by the AI Robot.
This robot's performance exemplifies the potential of AI-powered trading systems in navigating and profiting from dynamic market conditions. Its ability to adapt to trends and take advantage of opportunities has proven to be a valuable asset for traders. To stay updated on its progress and explore further possibilities, keep an eye on our blog. Happy trading!
Moving lower for three straight days is viewed as a bearish sign. Keep an eye on this stock for future declines. Considering data from situations where CHPT declined for three days, in of 283 cases, the price declined further within the following month. The odds of a continued downward trend are .
The 10-day RSI Indicator for CHPT moved out of overbought territory on May 08, 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 29 similar instances where the indicator moved out of overbought territory. In of the 29 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 54 cases where CHPT's Stochastic Oscillator exited the overbought zone, the price fell further within the following month. The odds of a continued downward trend are .
CHPT broke above its upper Bollinger Band on May 03, 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 Aroon Indicator for CHPT entered a downward trend on May 01, 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 Momentum Indicator moved above the 0 level on May 01, 2024. You may want to consider a long position or call options on CHPT as a result. In of 71 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 CHPT just turned positive on May 01, 2024. Looking at past instances where CHPT's MACD turned positive, the stock continued to rise in of 45 cases over the following month. The odds of a continued upward trend are .
CHPT moved above its 50-day moving average on May 13, 2024 date and that indicates a change from a downward trend to an upward trend.
The 10-day moving average for CHPT crossed bullishly above the 50-day moving average on May 15, 2024. This indicates that the trend has shifted higher and could be considered a buy signal. In of 10 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 CHPT advanced for three days, in of 205 cases, the price rose further within the following month. The odds of a continued upward trend are .
The Tickeron PE Growth Rating for this company is (best 1 - 100 worst), pointing to outstanding 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 steady price growth. CHPT’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 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 (2.338) is normal, around the industry mean (12.888). P/E Ratio (0.000) is within average values for comparable stocks, (35.906). Projected Growth (PEG Ratio) (0.000) is also within normal values, averaging (2.536). CHPT has a moderately low Dividend Yield (0.000) as compared to the industry average of (0.033). P/S Ratio (1.349) is also within normal values, averaging (88.545).
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. CHPT’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 77, placing this stock worse than average.
The average fundamental analysis ratings, where 1 is best and 100 is worst, are as follows
a blank check company, which formed for the purpose of effecting a merger, stock exchange, asset acquisition, stock purchase, recapitalization, and reorganization
Industry SpecialtyStores