Trader Bot's Winning Streak: +4.72% Profit on $TSLA
These AI trading robots, accessible at "Swing trader: Downtrend Protection (TA)," have proven their mettle by delivering a remarkable +4.72% gain while trading TSLA over the course of the previous week. In this article, we delve into the recent performance of TSLA, analyzing its earnings results, market capitalization, price trends, and trading volume to provide valuable insights for investors.
RSI Indicator Signals Potential Reversal
One of the key technical indicators that caught our attention is TSLA's Relative Strength Index (RSI). On August 21, 2023, the RSI oscillator for TSLA moved out of oversold territory. This shift could be interpreted as a potential signal that the stock is transitioning from a downward trend to an upward trend. For traders, this might signify a buying opportunity for the stock or call options.
To substantiate this observation, we turn to the A.I.dvisor, which analyzed 27 similar instances when the RSI indicator left oversold territory. In an impressive 23 out of these 27 cases, the stock price moved higher, resulting in an 85% probability of a positive price movement following such RSI shifts.
Earnings Beat Expectations
Looking back at TSLA's last earnings report on July 19, the company delivered earnings per share (EPS) of 91 cents, surpassing the estimated 79 cents. With 36.65 million shares outstanding, TSLA currently boasts a market capitalization of 815.40 billion dollars. This places TSLA at the top of the Motor Vehicles Industry in terms of market valuation, significantly higher than the industry's average market capitalization of 33.96 billion dollars.
Market Capitalization Comparison
The market capitalization disparity within the Motor Vehicles Industry is striking. From a low of 2.49 million dollars for EVTGF to a staggering 815.40 billion dollars for TSLA, these figures reflect the diversity within this sector. TSLA's dominant position in terms of market cap indicates its status as a heavyweight player in the industry.
Price Trends Highlight Volatility
Analyzing price trends within the Motor Vehicles Industry provides valuable context. On average, weekly price growth across all stocks in the industry stood at 1%. The monthly and quarterly averages showed more substantial variations, with monthly growth at 67% and quarterly growth at 74%. This volatility underscores the dynamic nature of this sector.
Interestingly, ZAPP emerged as the top performer with a notable price growth of 28%. In contrast, FFIE experienced a significant decline with a -49% fall. These extreme fluctuations suggest that careful analysis and risk management are crucial when trading in this industry.
Volume Trends Reflect Market Activity
Volume trends are another crucial aspect to consider. The average weekly volume growth across all Motor Vehicles Industry stocks was -27%, indicating a decrease in trading activity. However, the monthly and quarterly averages showed modest growth at 1% and -0%, respectively. These figures suggest a mixed picture in terms of market sentiment and investor participation.
In summary, the recent performance of TSLA, coupled with insights from technical indicators, earnings reports, market capitalization, price trends, and trading volumes, paints a comprehensive picture of the stock's current state. The success of AI trading robots in TSLA's recent performance demonstrates the potential benefits of integrating AI-driven strategies into one's trading toolkit.
Aroon Indicator for TSLA shows an upward move is likely
TSLA's Aroon Indicator triggered a bullish signal on December 24, 2024. Tickeron's A.I.dvisor detected that the AroonUp green line is above 70 while the AroonDown red line is below 30. When the up indicator moves above 70 and the down indicator remains below 30, it is a sign that the stock could be setting up for a bullish move. Traders may want to buy the stock or look to buy calls options. A.I.dvisor looked at 290 similar instances where the Aroon Indicator showed a similar pattern. In of the 290 cases, the stock moved higher in the days that followed. This puts the odds of a move higher at .
Technical Analysis (Indicators)
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 .
Following a 3-day Advance, the price is estimated to grow further. Considering data from situations where TSLA advanced for three days, in of 348 cases, the price rose further within the following month. The odds of a continued upward trend are .
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 38 similar instances where the indicator moved out of overbought territory. In of the 38 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 .
The Moving Average Convergence Divergence Histogram (MACD) for TSLA turned negative on December 23, 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 44 similar instances when the indicator turned negative. In of the 44 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 TSLA declined for three days, the price rose further in of 62 cases 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.
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 88, 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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General Information
a manufacturer of electric sports cars
Industry MotorVehicles