This AI trading robot Swing trader: Long-Short Equity Strategy (TA&FA), was one of the best in our robot factory, generating a 6.14% gain for AMC over the course of the previous week.
Introduction: In recent years, trading robots powered by artificial intelligence (AI) have become increasingly popular among traders and investors. These AI-based trading systems can analyze vast amounts of data and make investment decisions faster and more accurately than humans. In this article, we will review the performance of a swing trading robot that uses both technical analysis (TA) and fundamental analysis (FA) to generate profitable trades.
Performance Analysis: The AI trading robot, which uses a long-short equity strategy, performed exceptionally well in the previous week. Specifically, the robot generated a 6.14% gain for AMC, which is impressive considering the current market conditions. This performance demonstrates the potential of AI-based trading systems to outperform traditional investment strategies.
Technical Analysis: The AI trading robot relies on technical analysis to identify trends and patterns in stock prices. One key tool it uses is the Relative Strength Index (RSI) oscillator. The RSI oscillator for AMC moved out of oversold territory on March 16, 2023. This is a bullish signal that suggests the stock is shifting from a downward trend to an upward trend. Based on this signal, traders may want to buy the stock or call options.
To further analyze the effectiveness of this signal, the AI trading robot looked at 44 similar instances when the RSI oscillator left oversold territory. It found that in 38 of these cases, the stock moved higher, which translates to an 86% success rate. This analysis further supports the bullish signal generated by the RSI oscillator and provides confidence to traders who may be considering buying the stock.
Fundamental Analysis: In addition to technical analysis, the AI trading robot also uses fundamental analysis to identify undervalued stocks with strong growth potential. This approach involves analyzing financial data such as revenue, earnings, and cash flow to identify
AMC saw its Moving Average Convergence Divergence Histogram (MACD) turn negative on May 11, 2023. This is a bearish signal that suggests the stock could decline going forward. Tickeron's A.I.dvisor looked at 36 instances where the indicator turned negative. In of the 36 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 May 11, 2023. You may want to consider selling the stock, shorting the stock, or exploring put options on AMC as a result. In of 78 cases where the Momentum Indicator fell below 0, the stock fell further within the subsequent month. The odds of a continued downward trend are .
AMC moved below its 50-day moving average on May 23, 2023 date and that indicates a change from an upward trend to a downward trend.
The 10-day moving average for AMC crossed bearishly below the 50-day moving average on May 25, 2023. This indicates that the trend has shifted lower and could be considered a sell signal. In of 15 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 AMC declined for three days, the price rose further in of 62 cases within the following month. The odds of a continued downward trend are .
AMC broke above its upper Bollinger Band on May 04, 2023. 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 RSI Indicator entered the oversold zone -- be on the watch for AMC's price rising or consolidating in the future. That's also the time to consider buying the stock or exploring call options.
The Stochastic Oscillator shows that the ticker has stayed in the oversold zone for 10 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 AMC advanced for three days, in of 260 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 153 cases where AMC Aroon's Indicator entered an Uptrend, the price rose further within the following month. The odds of a continued Uptrend are .
The Tickeron Valuation Rating of (best 1 - 100 worst) indicates that the company is slightly undervalued 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 (4.210). P/E Ratio (0.000) is within average values for comparable stocks, (72.013). Projected Growth (PEG Ratio) (0.000) is also within normal values, averaging (2.646). AMC has a moderately low Dividend Yield (0.000) as compared to the industry average of (0.058). P/S Ratio (1.289) is also within normal values, averaging (110.238).
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. AMC’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. AMC’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 89, placing this stock worse than average.
The average fundamental analysis ratings, where 1 is best and 100 is worst, are as follows