Tickeron's AI-Based Strategy Drives NET's Performance Up by 4.62% Last Week
Swing trader: Volatility Balanced Strategy v.2 (TA) has emerged as one of the most successful robots in our factory. With an impressive +4.62% gain achieved in the previous week while trading NET, this algorithmic trading system has demonstrated its ability to navigate the market and capitalize on opportunities. In this article, we will delve into the recent earnings results of NET and analyze the potential implications for future price movements.
Bearish Sign:
Three Consecutive Days of Decline NET, a stock that Swing trader: Volatility Balanced Strategy v.2 (TA) has been actively trading, experienced three consecutive days of decline. This downward trend is often perceived as a bearish sign in technical analysis. Investors and traders are advised to closely monitor the stock for potential future declines. Historical data indicates that in 169 out of 206 cases where NET declined for three days, the price further declined within the following month. This statistical observation suggests an 82% likelihood of a continued downward trend.
Earnings Report Overview:
The latest earnings report for NET was released on April 27. The company reported earnings per share (EPS) of 7 cents, surpassing the estimated figure of 2 cents. This positive surprise in earnings is indicative of the company's strong financial performance during the reporting period. Such an outcome can instill confidence among investors and potentially impact the stock's price.
Market Capitalization:
NET currently has 4.97 million shares outstanding, resulting in a market capitalization of 22.45 billion dollars. Market capitalization is a measure of the company's overall value in the stock market and is calculated by multiplying the current share price by the number of outstanding shares. This figure provides investors with a sense of the company's size and market standing.
The Swing trader: Volatility Balanced Strategy v.2 (TA) robot has demonstrated its effectiveness in trading NET, yielding a notable +4.62% gain in the previous week. However, the recent three-day decline in NET's price suggests a bearish sentiment, supported by historical data indicating an 82% chance of further downward movement in the near future. It is crucial for investors and traders to closely monitor the stock for potential declines. On a positive note, NET's recent earnings report exceeded expectations, with an EPS of 7 cents compared to the estimated 2 cents.
NET saw its Stochastic Oscillator leaves the overbought zone
The Stochastic Oscillator for NET moved out of overbought territory on January 08, 2025. This could be a bearish sign for the stock and investors may want to consider selling or taking a defensive position. A.I.dvisor looked at 68 similar instances where the indicator exited the overbought zone. In of the 68 cases the stock moved lower. This puts the odds of a downward move at .
Technical Analysis (Indicators)
Bearish Trend Analysis
The 10-day RSI Indicator for NET 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 41 similar instances where the indicator moved out of overbought territory. In of the 41 cases, the stock moved lower in the following days. This puts the odds of a move lower at .
The Moving Average Convergence Divergence Histogram (MACD) for NET turned negative on December 18, 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 53 similar instances when the indicator turned negative. In of the 53 cases the stock turned lower in the days that followed. This puts the odds of success at .
Following a 3-day decline, the stock is projected to fall further. Considering past instances where NET 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 Momentum Indicator moved above the 0 level on January 03, 2025. You may want to consider a long position or call options on NET as a result. In of 88 past instances where the momentum indicator moved above 0, the stock continued to climb. 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 NET advanced for three days, in of 325 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 278 cases where NET 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 steady price growth. NET’s price grows at a higher rate over the last 12 months as compared to 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 Valuation Rating of (best 1 - 100 worst) indicates that the company is slightly 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 (42.373) is normal, around the industry mean (31.338). P/E Ratio (0.000) is within average values for comparable stocks, (158.237). Projected Growth (PEG Ratio) (2.377) is also within normal values, averaging (2.763). Dividend Yield (0.000) settles around the average of (0.084) among similar stocks. P/S Ratio (24.631) is also within normal values, averaging (58.727).
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 PE Growth Rating for this company is (best 1 - 100 worst), pointing to worse than average 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.
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 company, which engages in the provision of cloud-based services to secure websites
Industry PackagedSoftware