Trader Robot's Contribution: AEHR Records +3.17% Growth Last Week
The "Swing Trader: High Volatility Stocks for Active Trading (TA&FA)" bot, which has demonstrated its prowess by generating a remarkable gain of +3.17% while trading AEHR over the previous week. This article will delve into the recent earning results of AEHR and analyze the implications for investors.
Bullish Momentum and Future Growth Potential:
AEHR, during the analyzed period, experienced a three-day upward trend, which is generally regarded as a bullish sign. History suggests that when AEHR advanced for three consecutive days, the price continued to rise further within the following month in 234 out of 258 cases. These statistics indicate a remarkable 90% probability of a continued upward trend. Therefore, it is crucial for investors to keep a close eye on AEHR for potential future growth opportunities.
Earnings Performance:
The most recent earnings report for AEHR, released on July 13, showcased an impressive earnings per share (EPS) figure of 23 cents. This result surpassed the market estimate of 20 cents, signaling a positive earnings surprise. This achievement highlights the company's ability to outperform expectations and reflects its underlying strength and profitability.
Market Capitalization and Shares Outstanding:
As of the latest data, AEHR has 6.73 million shares outstanding, which serves as a significant indicator of the company's size and valuation. Considering the current market capitalization of 1.39 billion dollars, AEHR holds a solid position within the market, potentially attracting investor interest due to its positive earnings performance and growth prospects.
Summary:
The utilization of AI trading robots, such as the "Swing Trader: High Volatility Stocks for Active Trading (TA&FA)" bot, has yielded impressive gains in the case of AEHR, with a notable increase of +3.17% over the course of the previous week. Furthermore, the bullish momentum observed during the three-day upward trend reinforces the likelihood of continued growth. Additionally, AEHR's recent earnings report highlighted the company's ability to surpass market expectations, further enhancing its prospects. With 6.73 million shares outstanding and a market capitalization of 1.39 billion dollars, AEHR stands as a promising investment opportunity for those seeking potential future gains.
AEHR in +6.67% Uptrend, rising for three consecutive days on September 28, 2023
Moving higher for three straight days is viewed as a bullish sign. Keep an eye on this stock for future growth. Considering data from situations where AEHR advanced for three days, in of 262 cases, the price rose further within the following month. The odds of a continued upward trend are .
Technical Analysis (Indicators)
Bullish Trend Analysis
The Stochastic Oscillator suggests the stock price trend may be in a reversal from a downward trend to an upward trend. of 60 cases where AEHR'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 .
AEHR may jump back above the lower band and head toward the middle band. Traders may consider buying the stock or exploring call options.
Bearish Trend Analysis
The 10-day RSI Indicator for AEHR moved out of overbought territory on September 07, 2023. 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 44 similar instances where the indicator moved out of overbought territory. In of the 44 cases, the stock moved lower in the following days. This puts the odds of a move lower at .
The Momentum Indicator moved below the 0 level on September 13, 2023. You may want to consider selling the stock, shorting the stock, or exploring put options on AEHR as a result. In of 85 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 AEHR turned negative on September 14, 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 43 similar instances when the indicator turned negative. In of the 43 cases the stock turned lower in the days that followed. This puts the odds of success at .
AEHR moved below its 50-day moving average on September 20, 2023 date and that indicates a change from an upward trend to a downward trend.
The 10-day moving average for AEHR crossed bearishly below the 50-day moving average on September 21, 2023. This indicates that the trend has shifted lower and could be considered a sell signal. In of 14 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 .
Following a 3-day decline, the stock is projected to fall further. Considering past instances where AEHR 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 AEHR entered a downward trend on September 06, 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.
Fundamental Analysis (Ratings)
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 62, placing this stock better than average.
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 Seasonality Score of (best 1 - 100 worst) indicates that the company is seriously undervalued 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 Price Growth Rating for this company is (best 1 - 100 worst), indicating steady price growth. AEHR’s price grows at a higher 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 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 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 (17.575) is normal, around the industry mean (7.977). P/E Ratio (92.593) is within average values for comparable stocks, (53.975). AEHR's Projected Growth (PEG Ratio) (0.000) is slightly lower than the industry average of (2.349). AEHR has a moderately low Dividend Yield (0.000) as compared to the industry average of (0.022). P/S Ratio (20.790) is also within normal values, averaging (72.573).
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 manufacturer of burn-in and test equipment for semiconductor manufacturing
Industry Semiconductors
AEHR and
Correlation & Price change
A.I.dvisor indicates that over the last year, AEHR has been loosely correlated with ON. These tickers have moved in lockstep 53% of the time. This A.I.-generated data suggests there is some statistical probability that if AEHR jumps, then ON could also see price increases.
| Ticker / NAME | Correlation To AEHR | 1D Price Change % | ||
|---|---|---|---|---|
| AEHR | 100% | -1.15% | ||
| ON - AEHR | 53% Loosely correlated | -1.19% | ||
| TER - AEHR | 53% Loosely correlated | +0.76% | ||
| KLAC - AEHR | 50% Loosely correlated | +0.10% | ||
| ACLS - AEHR | 50% Loosely correlated | +0.82% | ||
| LRCX - AEHR | 47% Loosely correlated | -0.13% | ||
More | ||||