AI trading robot developed by Day Trader: Medium Volatility Stocks for Active Trading (TA&FA) in collaboration with Tickeron's robot factory. This article delves into the recent performance of the AI trading robot in relation to TSM, a leading semiconductor company, while also analyzing the positive technical indicators and earnings results of the company.
AI Trading Robot Performance: Over the course of a month, the AI trading robot from Day Trader: Medium Volatility Stocks for Active Trading (TA&FA) has exhibited impressive performance, generating a substantial 9.27% return for TSM. This highlights the potential of using AI-powered tools to assist in making informed trading decisions.
Positive Technical Indicator - Moving Average Convergence Divergence (MACD): On May 8, 2023, TSM's Moving Average Convergence Divergence (MACD) turned positive, indicating a potential bullish trend. To gauge the significance of this occurrence, historical data was examined to determine the subsequent price movements. In 31 out of 41 instances where TSM's MACD turned positive, the stock continued to rise over the following month. These statistics suggest that the odds of a continued upward trend for TSM are approximately 76%, providing a favorable outlook for investors.
Earnings Analysis: Examining TSM's recent earnings report further enhances our understanding of the company's financial health. The last earnings report, released on April 20, revealed an impressive earnings per share (EPS) of $1.31, surpassing the estimated value of $1.22. This positive earnings surprise indicates that TSM's financial performance exceeded market expectations, reflecting the company's strong operational efficiency and potential for growth.
Market Capitalization: With 26.09 million shares outstanding, TSM currently boasts a market capitalization of approximately $476.70 billion. Market capitalization is a key metric that provides insights into the overall valuation of a company. TSM's substantial market capitalization indicates its significant presence in the market and reaffirms its status as a major player in the semiconductor industry.
In summary, the AI trading robot from Day Trader: Medium Volatility Stocks for Active Trading (TA&FA) has demonstrated remarkable performance, generating a notable 9.27% return for TSM within a month. Additionally, the positive MACD signal further strengthens the case for a potential upward trend in the stock's price. TSM's recent earnings report showcased strong financial performance, with the company surpassing market expectations. These positive technical indicators and solid earnings results contribute to a favorable outlook for TSM, making it an attractive investment option for traders and investors alike.
TSM saw its Moving Average Convergence Divergence Histogram (MACD) turn negative on September 18, 2023. This is a bearish signal that suggests the stock could decline going forward. Tickeron's A.I.dvisor looked at 41 instances where the indicator turned negative. In of the 41 cases the stock moved lower in the days that followed. This puts the odds of a downward move at .
The Momentum Indicator moved below the 0 level on September 07, 2023. You may want to consider selling the stock, shorting the stock, or exploring put options on TSM as a result. In of 90 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 TSM 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 TSM entered a downward trend on September 12, 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.
The RSI Indicator points to a transition from a downward trend to an upward trend -- in cases where TSM's RSI Oscillator exited the oversold zone, of 22 resulted in an increase in price. Tickeron's analysis proposes that the odds of a continued upward trend are .
The Stochastic Oscillator demonstrated 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.
Following a 3-day Advance, the price is estimated to grow further. Considering data from situations where TSM advanced for three days, in of 312 cases, the price rose further within the following month. The odds of a continued upward trend are .
TSM may jump back above the lower band and head toward the middle band. Traders may consider buying the stock or exploring call options.
The Tickeron Valuation Rating of (best 1 - 100 worst) indicates that the company is slightly undervalued 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 (4.577) is normal, around the industry mean (7.984). P/E Ratio (15.504) is within average values for comparable stocks, (53.953). Projected Growth (PEG Ratio) (3.183) is also within normal values, averaging (2.360). Dividend Yield (0.021) settles around the average of (0.022) among similar stocks. P/S Ratio (6.549) is also within normal values, averaging (72.684).
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 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 63, placing this stock slightly better than average.
The Tickeron Price Growth Rating for this company is (best 1 - 100 worst), indicating fairly steady price growth. TSM’s price grows at a lower 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 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.
The average fundamental analysis ratings, where 1 is best and 100 is worst, are as follows
a manufacturer of integrated circuits, silicon wafers, diodes and related semiconductor components
A.I.dvisor indicates that over the last year, TSM has been closely correlated with ASX. These tickers have moved in lockstep 80% of the time. This A.I.-generated data suggests there is a high statistical probability that if TSM jumps, then ASX could also see price increases.