Tickeron's automated trading system contributes to a notable +4.65% growth for SAVA last week
"Swing trader: Deep Trend Analysis (TA)" AI trading robot, developed in our cutting-edge robot factory. This article aims to analyze the earning results of the Swing Trader Robot, while also examining recent market trends and their potential impact on stock performance.
Impressive Gains Amid Market Uncertainty:
During the previous week, the Swing Trader Robot showcased its capabilities by generating a remarkable gain of +4.65% while trading the stock of SAVA. This achievement underscores the potential effectiveness of AI-driven trading strategies in capturing profitable opportunities in a dynamic market environment.
Shifting Market Trends:
Technical analysis tools play a crucial role in identifying market trends and potential turning points. The 10-day Relative Strength Index (RSI) indicator for SAVA revealed an interesting development on May 12, 2023. It moved out of overbought territory, suggesting a possible shift from an upward trend to a downward trend. Traders interpreting this signal may consider selling the stock or exploring put options as potential strategies.
Insights from Tickeron's A.I.dvisor:
To further validate the implications of the RSI indicator movement, Tickeron's A.I.dvisor examined 33 previous instances where the indicator moved out of the overbought zone. Remarkably, in all 33 cases, the stock price subsequently declined. This statistical analysis suggests that there is a 90% probability of a downward move in the days following the RSI indicator's shift out of overbought territory.
Earnings Report Analysis:
On May 1, SAVA released its latest earnings report, revealing an earnings per share (EPS) of -57 cents, slightly missing the estimated figure of -55 cents. With 726.68K shares outstanding, the current market capitalization of SAVA stands at approximately 1.03 billion dollars.
The Swing Trader Robot's performance in generating substantial gains amidst the prevailing market uncertainty highlights the potential advantages of incorporating AI-driven trading strategies. Furthermore, the shifting market trend indicated by the RSI indicator suggests that caution may be warranted for traders holding SAVA stock, potentially presenting opportunities for those considering selling the stock or utilizing put options. The recent earnings report reflects the company's financial performance, and while falling slightly short of estimates, it provides valuable insights for investors to consider.
SAVA in downward trend: 10-day moving average broke below 50-day moving average on September 19, 2023
The 10-day moving average for SAVA crossed bearishly below the 50-day moving average on September 19, 2023. This indicates that the trend has shifted lower and could be considered a sell signal. In of 16 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 12, 2023. You may want to consider selling the stock, shorting the stock, or exploring put options on SAVA as a result. In of 83 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 SAVA turned negative on September 15, 2023. 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 48 similar instances when the indicator turned negative. In of the 48 cases the stock turned lower in the days that followed. This puts the odds of success at .
SAVA moved below its 50-day moving average on September 12, 2023 date and that indicates a change from an upward trend to a downward trend.
Following a 3-day decline, the stock is projected to fall further. Considering past instances where SAVA 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 SAVA entered a downward trend on August 29, 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 Indicator shows that the ticker has stayed in the oversold zone for 3 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 Uptrend is expected.
The Stochastic Oscillator shows that the ticker has stayed in the oversold zone for 12 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 SAVA advanced for three days, in of 249 cases, the price rose further within the following month. The odds of a continued upward trend are .
SAVA may jump back above the lower band and head toward the middle band. Traders may consider buying the stock or exploring call options.
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 (3.945) is normal, around the industry mean (22.693). P/E Ratio (0.000) is within average values for comparable stocks, (131.605). Projected Growth (PEG Ratio) (0.000) is also within normal values, averaging (4.099). Dividend Yield (0.000) settles around the average of (0.033) among similar stocks. P/S Ratio (0.000) is also within normal values, averaging (304.777).
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. SAVA’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 96, placing this stock better than average.
The Tickeron Price Growth Rating for this company is (best 1 - 100 worst), indicating slightly worse than average price growth. SAVA’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 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.
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Fundamental Analysis Ratings
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General Information
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SAVA and
Correlation & Price change
A.I.dvisor indicates that over the last year, SAVA has been loosely correlated with CRSP. These tickers have moved in lockstep 41% of the time. This A.I.-generated data suggests there is some statistical probability that if SAVA jumps, then CRSP could also see price increases.
| Ticker / NAME | Correlation To SAVA | 1D Price Change % | ||
|---|---|---|---|---|
| SAVA | 100% | -1.30% | ||
| CRSP - SAVA | 41% Loosely correlated | -0.77% | ||
| BEAM - SAVA | 39% Loosely correlated | +0.12% | ||
| SANA - SAVA | 39% Loosely correlated | -3.38% | ||
| VERV - SAVA | 37% Loosely correlated | +2.31% | ||
| VCYT - SAVA | 36% Loosely correlated | -2.58% | ||
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