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Serhii Bond's Avatar
published in Blogs
May 07, 2023

The AI trading robot, produced a 13% MTD return over the last 6 months.

The emergence of Artificial Intelligence (AI) trading bots has revolutionized the financial industry, providing investors with an efficient and effective way of trading. Among the AI trading bots available in the market, the Swing Trader Long Only: Growth Model (Diversified) has generated impressive returns of 13% for MTD (Month-to-Date) over the past six months.

The Swing Trader Long Only: Growth Model (Diversified) is a trading bot that operates on a long-only strategy. This strategy entails buying stocks that are expected to grow in value over the long term and holding them for a considerable period. Additionally, the bot utilizes a diversified approach, spreading investments across different sectors, industries, and geographical locations, minimizing risk and maximizing returns.

The AI trading bot uses a complex algorithm that analyses market data, news, and financial reports to identify profitable trading opportunities. The bot then executes trades automatically, taking advantage of market movements to maximize profits.

The impressive performance of the Swing Trader Long Only: Growth Model (Diversified) highlights the potential of AI trading bots in delivering superior returns to investors. However, it is important to note that past performance is not a guarantee of future performance, and the market can be volatile, resulting in losses for investors.

Investors should conduct their due diligence and consider their investment objectives, risk tolerance, and financial situation before investing in any trading bot or financial instrument. Additionally, it is advisable to consult with a financial advisor to get professional guidance and develop a sound investment strategy.

 

Related Ticker: MTD

MTD in downward trend: price dove below 50-day moving average on October 16, 2024

MTD moved below its 50-day moving average on October 16, 2024 date and that indicates a change from an upward trend to a downward trend. In of 35 similar past instances, the stock price decreased further within the following month. The odds of a continued downward trend are .

Price Prediction Chart

Technical Analysis (Indicators)

Bearish Trend Analysis

The Momentum Indicator moved below the 0 level on October 10, 2024. You may want to consider selling the stock, shorting the stock, or exploring put options on MTD as a result. In of 84 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 MTD turned negative on October 09, 2024. 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 50 similar instances when the indicator turned negative. In of the 50 cases the stock turned lower in the days that followed. This puts the odds of success at .

The 10-day moving average for MTD crossed bearishly below the 50-day moving average on October 21, 2024. This indicates that the trend has shifted lower and could be considered a sell signal. In of 13 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 MTD declined for three days, the price rose further in of 62 cases within the following month. The odds of a continued downward trend are .

Bullish Trend Analysis

The RSI Indicator demonstrates that the ticker has stayed in the oversold zone for 1 day, which means it's wise to expect a price bounce in the near future.

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 MTD advanced for three days, in of 346 cases, the price rose further within the following month. The odds of a continued upward trend are .

MTD may jump back above the lower band and head toward the middle band. Traders may consider buying the stock or exploring call options.

The Aroon Indicator entered an Uptrend today. In of 327 cases where MTD Aroon's Indicator entered an Uptrend, the price rose further within the following month. The odds of a continued Uptrend are .

The Tickeron SMR rating for this company is (best 1 - 100 worst), indicating very strong sales and a profitable 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 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 Profit vs. Risk Rating rating for this company is (best 1 - 100 worst), indicating well-balanced risk and returns. The average Profit vs. Risk Rating rating for the industry is 87, placing this stock slightly better than average.

The Tickeron Price Growth Rating for this company is (best 1 - 100 worst), indicating steady price growth. MTD’s price grows at a higher rate over the last 12 months as compared to S&P 500 index constituents.

The Tickeron Seasonality Score of (best 1 - 100 worst) indicates that the company is significantly overvalued in the industry. The Tickeron Seasonality score describes the variance of predictable price changes around the same period every calendar year. These changes can be tied to a specific month, quarter, holiday or vacation period, as well as a meteorological or growing season.

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: MTD's P/B Ratio (1250.000) is very high in comparison to the industry average of (22.779). P/E Ratio (37.359) is within average values for comparable stocks, (83.568). Projected Growth (PEG Ratio) (3.217) is also within normal values, averaging (5.667). Dividend Yield (0.000) settles around the average of (0.018) among similar stocks. P/S Ratio (7.776) is also within normal values, averaging (42.788).

Notable companies

The most notable companies in this group are Abbott Laboratories (null:ABT), Intuitive Surgical (null:ISRG), Medtronic plc (null:MDT), Boston Scientific Corp (null:BSX), Edwards Lifesciences Corp (null:EW), IQVIA Holdings (null:IQV), Align Technology (null:ALGN), Illumina (null:ILMN), Exact Sciences Corp (null:EXAS), Guardant Health (null:GH).

Industry description

Medical specialties are companies that make equipment used by the health care industry. Equipment manufactured and distributed by these companies include dialysis machines, blood analysis equipment, surgical equipment, dental instruments, and diagnostic tools, among other items. Large companies typically aim to produce and distribute high-quality products across a broad market spectrum. Smaller firms are more likely to specialize in a particular market segment. Due to the industry’s close association with medical treatments, they typically have low sensitivity to macroeconomic fluctuations. Within this industry, Abbott Laboratories, Medtronic Plc and Thermo Fisher Scientific Inc. are some of the companies with multi-billion market capitalizations in the U.S. stock markets.

Market Cap

The average market capitalization across the Medical Specialties Industry is 7.95B. The market cap for tickers in the group ranges from 27 to 3.82T. MKYSF holds the highest valuation in this group at 3.82T. The lowest valued company is FOGCF at 27.

High and low price notable news

The average weekly price growth across all stocks in the Medical Specialties Industry was -2%. For the same Industry, the average monthly price growth was 4%, and the average quarterly price growth was -3%. IPDQF experienced the highest price growth at 147%, while ESMC experienced the biggest fall at -38%.

Volume

The average weekly volume growth across all stocks in the Medical Specialties Industry was 7%. For the same stocks of the Industry, the average monthly volume growth was 21% and the average quarterly volume growth was 31%

Fundamental Analysis Ratings

The average fundamental analysis ratings, where 1 is best and 100 is worst, are as follows

Valuation Rating: 50
P/E Growth Rating: 74
Price Growth Rating: 58
SMR Rating: 84
Profit Risk Rating: 86
Seasonality Score: 13 (-100 ... +100)
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MTD
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A.I.Advisor
published price charts
A.I. Advisor
published General Information

General Information

a manufacturer of precision instruments

Industry MedicalSpecialties

Profile
Fundamentals
Details
Industry
Medical Specialties
Address
1900 Polaris Parkway
Phone
+1 614 438-4511
Employees
17300
Web
https://www.mt.com
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