Swing Trader: Deep Trend Analysis (TA) - 4% Profit with $CHPT Stocks in Just a Few Days!
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!
CHPT in -3.39% downward trend, sliding for three consecutive days on September 26, 2023
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 230 cases, the price declined further within the following month. The odds of a continued downward trend are .
Technical Analysis (Indicators)
Bearish Trend Analysis
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 CHPT as a result. In of 61 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 CHPT turned negative on September 07, 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 38 similar instances when the indicator turned negative. In of the 38 cases the stock turned lower in the days that followed. This puts the odds of success at .
The Aroon Indicator for CHPT entered a downward trend on September 18, 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.
Bullish Trend Analysis
The RSI Indicator shows that the ticker has stayed in the oversold zone for 7 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 Uptrend is expected.
The Stochastic Oscillator shows that the ticker has stayed in the oversold zone for 6 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 CHPT advanced for three days, in of 181 cases, the price rose further within the following month. The odds of a continued upward trend are .
CHPT may jump back above the lower band and head toward the middle band. Traders may consider buying the stock or exploring call options.
Fundamental Analysis (Ratings)
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 slightly worse than average price growth. CHPT’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 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 (6.435) is normal, around the industry mean (12.179). P/E Ratio (0.000) is within average values for comparable stocks, (24.659). Projected Growth (PEG Ratio) (0.000) is also within normal values, averaging (2.677). CHPT has a moderately low Dividend Yield (0.000) as compared to the industry average of (0.036). P/S Ratio (3.057) is also within normal values, averaging (81.891).
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 78, placing this stock worse than average.
Notable companies
Industry description
Market Cap
High and low price notable news
Volume
Fundamental Analysis Ratings
The average fundamental analysis ratings, where 1 is best and 100 is worst, are as follows
General Information
a blank check company, which formed for the purpose of effecting a merger, stock exchange, asset acquisition, stock purchase, recapitalization, and reorganization
Industry SpecialtyStores
CHPT and
Correlation & Price change
A.I.dvisor indicates that over the last year, CHPT has been loosely correlated with EVGO. These tickers have moved in lockstep 57% of the time. This A.I.-generated data suggests there is some statistical probability that if CHPT jumps, then EVGO could also see price increases.
| Ticker / NAME | Correlation To CHPT | 1D Price Change % | ||
|---|---|---|---|---|
| CHPT | 100% | -1.42% | ||
| EVGO - CHPT | 57% Loosely correlated | -5.68% | ||
| FND - CHPT | 56% Loosely correlated | -1.61% | ||
| HNST - CHPT | 54% Loosely correlated | +3.20% | ||
| CVNA - CHPT | 52% Loosely correlated | -1.79% | ||
| CPRT - CHPT | 52% Loosely correlated | -1.48% | ||
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