Tickeron's AI Trading Robot Delivers 6.85% Returns for PLUG in Successful Month
Day Trader: Medium Volatility Stocks for Active Trading (TA&FA) during its month-long operation in Tickeron's robot factory. Additionally, we delve into the technical analysis of PLUG, a stock that experienced a bearish trend and explore its recent earnings report. By combining technical and fundamental perspectives, we aim to provide insights into the trading performance and earnings results of PLUG.
Trading Robot Performance: The trading robot employed in Tickeron's robot factory demonstrated its effectiveness by delivering a 6.85% return for PLUG during its month-long operation. This result signifies the potential for automated trading strategies to capture market opportunities in medium volatility stocks. The success of the robot warrants attention and further analysis for traders seeking profitable investment avenues.
Bearish Trend and Future Declines: Analyzing PLUG's recent price movement reveals a three-day decline, which is generally considered a bearish signal. Historical data suggests that when PLUG experienced a three-day decline, the price subsequently declined further within the following month in 260 out of 296 cases, representing a substantial 88% probability. Traders and investors should closely monitor PLUG for potential future declines based on this statistical insight.
Earnings Results and Market Capitalization: The most recent earnings report, released on May 09, revealed that PLUG reported earnings per share of -34 cents, missing the estimated -25 cents. This negative earnings surprise indicates a potential downside risk for the stock. However, it is crucial to consider additional factors such as revenue growth, cost management, and forward guidance to assess the overall financial health of the company accurately.
With 18.71 million shares outstanding, PLUG's current market capitalization stands at 4.95 billion dollars. Market capitalization serves as a gauge of a company's overall value and investor sentiment. Traders and investors should consider the market capitalization alongside other fundamental factors when evaluating the investment potential of PLUG.
The trading robot showcased in Day Trader: Medium Volatility Stocks for Active Trading (TA&FA) displayed promising performance, delivering a 6.85% return for PLUG during its operation in Tickeron's robot factory. Additionally, PLUG's recent three-day decline suggests a bearish trend, with historical data indicating an 88% likelihood of further declines within the following month. Traders and investors should closely monitor the stock for potential future developments.
The latest earnings report revealed a negative surprise in earnings per share for PLUG, which adds an element of caution to the investment decision-making process. While market capitalization provides an overview of the company's value, it is essential to conduct comprehensive fundamental analysis to gain a holistic understanding of PLUG's financial health.
PLUG in downward trend: 10-day moving average broke below 50-day moving average on August 15, 2023
The 10-day moving average for PLUG crossed bearishly below the 50-day moving average on August 15, 2023. This indicates that the trend has shifted lower and could be considered a sell signal. In of 11 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 .
Technical Analysis (Indicators)
Bearish Trend Analysis
The Momentum Indicator moved below the 0 level on September 18, 2023. You may want to consider selling the stock, shorting the stock, or exploring put options on PLUG as a result. In of 73 cases where the Momentum Indicator fell below 0, the stock fell further within the subsequent 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 PLUG declined for three days, the price rose further in of 62 cases within the following month. The odds of a continued downward trend are .
The Aroon Indicator for PLUG entered a downward trend on September 20, 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 Oscillator points to a transition from a downward trend to an upward trend -- in cases where PLUG's RSI Oscillator exited the oversold zone, of 31 resulted in an increase in price. Tickeron's analysis proposes that the odds of a continued upward trend are .
The Stochastic Oscillator suggests the stock price trend may be in a reversal from a downward trend to an upward trend. of 63 cases where PLUG's Stochastic Oscillator exited the oversold zone resulted in an increase in price. Tickeron's analysis proposes that the odds of a continued upward trend are .
The Moving Average Convergence Divergence (MACD) for PLUG just turned positive on August 31, 2023. Looking at past instances where PLUG's MACD turned positive, the stock continued to rise in of 42 cases over the following month. 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 PLUG advanced for three days, in of 269 cases, the price rose further within the following month. The odds of a continued upward trend are .
Fundamental Analysis (Ratings)
The Tickeron Valuation Rating of (best 1 - 100 worst) indicates that the company is fair valued 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 (1.327) is normal, around the industry mean (5.427). P/E Ratio (0.000) is within average values for comparable stocks, (37.597). PLUG's Projected Growth (PEG Ratio) (0.000) is slightly lower than the industry average of (1.509). PLUG has a moderately low Dividend Yield (0.000) as compared to the industry average of (0.025). P/S Ratio (5.501) is also within normal values, averaging (28.123).
The Tickeron Price Growth Rating for this company is (best 1 - 100 worst), indicating slightly worse than average price growth. PLUG’s price grows at a lower 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 that the returns do not compensate for the risks. PLUG’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 81, placing this stock worse than average.
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 developer of fuel cell technology and solutions
Industry ElectricalProducts
| 1 Day | |||
|---|---|---|---|
| ETFs / NAME | Price $ | Chg $ | Chg % |
| FPL | 6.43 | 0.02 | +0.31% |
| First Trust NEW Opportunities MLP & Energy Fund | |||
| JHDV | 28.65 | N/A | N/A |
| Jhancock U.S. High Dividend ETF | |||
| SHYG | 41.24 | -0.03 | -0.07% |
| iShares 0-5 Year High Yield Corp Bd ETF | |||
| ONEV | 107.01 | -0.13 | -0.12% |
| SPDR® Russell 1000 Low Vol Foc ETF | |||
| EDI | 5.19 | -0.01 | -0.19% |
| Virtus Stone Harbor Emerging Markets Total Income Fund | |||
PLUG and
Correlation & Price change
A.I.dvisor indicates that over the last year, PLUG has been closely correlated with BE. These tickers have moved in lockstep 75% of the time. This A.I.-generated data suggests there is a high statistical probability that if PLUG jumps, then BE could also see price increases.
| Ticker / NAME | Correlation To PLUG | 1D Price Change % | ||
|---|---|---|---|---|
| PLUG | 100% | -1.82% | ||
| BE - PLUG | 75% Closely correlated | -1.87% | ||
| FCEL - PLUG | 72% Closely correlated | N/A | ||
| RUN - PLUG | 70% Closely correlated | -0.97% | ||
| NOVA - PLUG | 63% Loosely correlated | +0.09% | ||
| SPWR - PLUG | 60% Loosely correlated | -1.58% | ||
More | ||||