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May 13, 2023

Trading Robot Generates 16.62% Gains for GME; Stock Jumps 5.86%

As a financial analytics and trader, I can attest to the significant impact that AI-powered trading robots are having on the financial industry. In recent years, these sophisticated systems have been developed to analyze large amounts of data and execute trades with incredible accuracy and speed.

One notable example of the power of AI trading robots is their recent success with GameStop (GME). Despite the well-documented volatility of this stock, an AI trading robot was able to produce impressive gains of 16.62%. This remarkable feat is a testament to the effectiveness of AI technology in the financial world.

Additionally, GameStop was a top weekly gainer, with a 5.86% jump. This increase was likely due in part to the growing interest in the company's recent strategic shifts, including their focus on e-commerce and plans to expand into the gaming market.

As AI trading robots continue to evolve and improve, it's clear that they will play an increasingly important role in the world of finance. Their ability to quickly and accurately analyze large amounts of data allows them to make informed investment decisions that can produce substantial gains for investors.

Related Ticker: GME

GME in +18.32% Uptrend, rising for three consecutive days on March 26, 2024

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 GME advanced for three days, in of 260 cases, the price rose further within the following month. The odds of a continued upward trend are .

Price Prediction Chart

Technical Analysis (Indicators)

Bullish Trend Analysis

The RSI Indicator entered the oversold zone -- be on the watch for GME's price rising or consolidating in the future. That's also the time to consider buying the stock or exploring call options.

The Stochastic Oscillator shows that the ticker has stayed in the oversold zone for 10 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.

GME 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 Momentum Indicator moved below the 0 level on March 27, 2024. You may want to consider selling the stock, shorting the stock, or exploring put options on GME as a result. In of 82 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 GME turned negative on March 27, 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 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 .

GME moved below its 50-day moving average on March 27, 2024 date and that indicates a change from an upward trend to a downward trend.

The 10-day moving average for GME crossed bearishly below the 50-day moving average on March 20, 2024. 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 .

Following a 3-day decline, the stock is projected to fall further. Considering past instances where GME 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 GME entered a downward trend on April 11, 2024. 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)

Fear & Greed

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.

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. GME’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 77, 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 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 (2.740) is normal, around the industry mean (12.709). GME's P/E Ratio (599.500) is considerably higher than the industry average of (35.640). Projected Growth (PEG Ratio) (0.000) is also within normal values, averaging (2.536). GME has a moderately low Dividend Yield (0.000) as compared to the industry average of (0.033). P/S Ratio (0.694) is also within normal values, averaging (87.325).

The Tickeron Price Growth Rating for this company is (best 1 - 100 worst), indicating slightly worse than average price growth. GME’s price grows at a lower rate over the last 12 months as compared to S&P 500 index constituents.

Notable companies

The most notable companies in this group are Home Depot (NYSE:HD), Lowe's Companies (NYSE:LOW), AutoZone (NYSE:AZO), Tractor Supply Company (NASDAQ:TSCO), Ulta Beauty (NASDAQ:ULTA), Best Buy Company (NYSE:BBY), Bath & Body Works (NYSE:BBWI), Five Below (NASDAQ:FIVE), RH (NYSE:RH), Advance Auto Parts (NYSE:AAP).

Industry description

The specialty stores sector includes companies dedicated to the sale of retail products focused on a single product category, such as clothing, carpet, books, or office supplies. A specialty store could face intense competition from big-box departmental chains, and therefore offering an adequate collection of the product type it specializes in is key in maintaining/growing its market.

Market Cap

The average market capitalization across the Specialty Stores Industry is 8.08B. The market cap for tickers in the group ranges from 48 to 380.15B. HD holds the highest valuation in this group at 380.15B. The lowest valued company is CALI at 48.

High and low price notable news

The average weekly price growth across all stocks in the Specialty Stores Industry was -6%. For the same Industry, the average monthly price growth was -1%, and the average quarterly price growth was 17%. MHRE experienced the highest price growth at 47%, while WINH experienced the biggest fall at -63%.

Volume

The average weekly volume growth across all stocks in the Specialty Stores Industry was -5%. For the same stocks of the Industry, the average monthly volume growth was -57% and the average quarterly volume growth was -18%

Fundamental Analysis Ratings

The average fundamental analysis ratings, where 1 is best and 100 is worst, are as follows

Valuation Rating: 48
P/E Growth Rating: 56
Price Growth Rating: 81
SMR Rating: 70
Profit Risk Rating: 76
Seasonality Score: 8 (-100 ... +100)
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A.I.Advisor
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General Information

a retaier of video game products and PC entertainment software

Industry SpecialtyStores

Profile
Fundamentals
Details
Industry
Specialty Stores
Address
625 Westport Parkway
Phone
+1 817 424-2000
Employees
23500
Web
https://www.gamestop.com
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