The Rise of Machines: Trader Robot Generates +7.25% Profit for $TSLA
In the fast-paced world of active trading, artificial intelligence AI trading bots have become a prominent force, and their recent performance in handling medium volatility stocks is exemplified by their impressive +7.25% gain while trading TSLA over the past week. This article delves into the technical analysis of TSLA, incorporating insights from indicators, earnings results, market capitalization, and price and volume trends within the Motor Vehicles Industry.
Aroon Indicator Signals Bullish Momentum:
One notable indicator that caught the attention of traders is the Aroon Indicator for TSLA, which triggered a bullish signal on December 22, 2023. The AroonUp green line surpassed 70, while the AroonDown red line remained below 30. According to Tickeron's A.I.dvisor, this pattern suggests a potential bullish move. Analyzing 325 similar instances, the A.I. found that in 291 cases, stocks moved higher in the days that followed, indicating a compelling 90% probability of an upward trend.
Earnings Overview:
Examining TSLA's last earnings report on October 18, 2023, revealed earnings per share of 66 cents, slightly below the estimated 73 cents. With 92.97 million shares outstanding, TSLA's current market capitalization stands at a formidable 784.30 billion dollars. Despite missing the earnings estimate, the technical analysis aims to uncover other factors that may influence TSLA's future performance.
Market Capitalization Comparison:
Comparing TSLA's market capitalization to the Motor Vehicles Industry average of 33.76 billion dollars, it is evident that TSLA holds the highest valuation at 784.30 billion dollars. In contrast, the industry's lowest-valued company is VLCN at 1.89 million dollars. This stark contrast emphasizes TSLA's dominance within the industry.
Price Movements and Industry Trends:
Analyzing price movements across the Motor Vehicles Industry provides further context. The average weekly, monthly, and quarterly price growth across all stocks in the industry reveals a dynamic market. Notably, TSLA's weekly gain stands out, with an impressive +7.25%. Furthermore, the industry experienced an average quarterly price growth of 107%, showcasing the sector's overall strength.
Volume Trends in the Motor Vehicles Industry:
Understanding the volume dynamics within the Motor Vehicles Industry is crucial for traders. While TSLA displayed a -45% average weekly volume growth, the industry averaged an 18% monthly volume growth and a -18% quarterly volume growth. These insights shed light on the ebb and flow of trading activity within the industry.
Summary:
In summary, the recent success of AI trading bots in navigating TSLA's medium volatility demonstrates the potential of combining technical and fundamental analyses. Traders and investors may find value in considering not only earnings reports but also indicators, market capitalization, and industry trends to make informed decisions in the ever-evolving landscape of active trading.
TSLA in -4.33% downward trend, declining for three consecutive days on December 20, 2024
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 TSLA declined for three days, in of 271 cases, the price declined further within the following month. The odds of a continued downward trend are .
Technical Analysis (Indicators)
Bearish Trend Analysis
The 10-day RSI Indicator for TSLA moved out of overbought territory on December 18, 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 39 similar instances where the indicator moved out of overbought territory. In of the 39 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 66 cases where TSLA's Stochastic Oscillator exited the overbought zone, the price fell further within the following month. The odds of a continued downward trend are .
TSLA broke above its upper Bollinger Band on December 16, 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.
Bullish Trend Analysis
The Momentum Indicator moved above the 0 level on November 26, 2024. You may want to consider a long position or call options on TSLA as a result. In of 78 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 TSLA just turned positive on December 06, 2024. Looking at past instances where TSLA's MACD turned positive, the stock continued to rise in of 44 cases over the following month. The odds of a continued upward trend are .
Following a +1 3-day Advance, the price is estimated to grow further. Considering data from situations where TSLA advanced for three days, in of 351 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 291 cases where TSLA Aroon's Indicator entered an Uptrend, the price rose further within the following month. The odds of a continued Uptrend are .
The Tickeron Price Growth Rating for this company is (best 1 - 100 worst), indicating outstanding price growth. TSLA’s price grows at a higher rate over the last 12 months as compared to S&P 500 index constituents.
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 low risk on high returns. The average Profit vs. Risk Rating rating for the industry is 89, placing this stock better than average.
The Tickeron SMR rating for this company is (best 1 - 100 worst), indicating 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 Seasonality Score of (best 1 - 100 worst) indicates that the company is fair valued 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: P/B Ratio (8.905) is normal, around the industry mean (6.142). P/E Ratio (40.726) is within average values for comparable stocks, (18.218). Projected Growth (PEG Ratio) (2.067) is also within normal values, averaging (5.723). TSLA has a moderately low Dividend Yield (0.000) as compared to the industry average of (0.042). P/S Ratio (6.305) is also within normal values, averaging (78.580).
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Fundamental Analysis Ratings
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General Information
a manufacturer of electric sports cars
Industry MotorVehicles