Trend Trader's AI Trading Robots Generate +5.10% Gain on TTD and Analyzing Earnings Results
One such platform, Trend Trader: Popular Stocks (TA&FA) has gained attention recently for its AI trading robots, which have exhibited impressive performance. In this article, we will analyze the earning results of one of the popular stocks traded by these bots, TTD (The Trade Desk Inc.), and discuss the implications for future trading strategies.
AI Trading Robots' Performance on TTD:
The AI trading robots at "Trend Trader: Popular Stocks (TA&FA)" have proven their efficiency by generating a significant gain of +5.10% while trading TTD over the previous week. Such impressive results demonstrate the potential of AI-driven trading strategies in delivering positive returns.
Bearish Sign: Three Consecutive Days of Decline:
It is important to monitor the performance of TTD closely, as the stock has experienced a downward trend for three consecutive days. This bearish sign suggests a potential further decline in the near future. Analyzing historical data, we find that in 216 out of 276 similar instances where TTD declined for three days, the price continued to decline within the following month. This indicates that the odds of a continued downward trend for TTD are approximately 78%.
Earnings Report and Market Capitalization:
The most recent earnings report for TTD, released on May 10, exceeded expectations with earnings per share of 23 cents, surpassing the estimated 12 cents. This positive surprise indicates strong financial performance by the company. With 2.28 million shares outstanding, TTD currently boasts a market capitalization of 37.05 billion dollars, showcasing its significant presence in the market.
Implications for Investors:
Considering the impressive performance of the AI trading robots on TTD, investors may find it worthwhile to explore the potential of AI-driven trading strategies for their own portfolios. However, given the recent bearish trend, caution is advised, and investors should closely monitor TTD's performance to assess the extent of the decline and make informed decisions.
Summary:
The AI trading robots at Trend Trader: Popular Stocks (TA&FA) have demonstrated their capability by generating a noteworthy +5.10% gain while trading TTD. Additionally, the bearish sign of three consecutive days of decline raises concerns about the stock's future trajectory. Furthermore, the positive earnings report and significant market capitalization of TTD indicate a solid financial standing for the company.
TTD in downward trend: price dove below 50-day moving average on September 18, 2023
TTD moved below its 50-day moving average on September 18, 2023 date and that indicates a change from an upward trend to a downward trend. In of 35 similar past instances, the stock price decreased further within 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 19, 2023. You may want to consider selling the stock, shorting the stock, or exploring put options on TTD as a result. In of 88 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 TTD turned negative on September 19, 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 49 similar instances when the indicator turned negative. In of the 49 cases the stock turned lower in the days that followed. This puts the odds of success at .
The 10-day moving average for TTD crossed bearishly below the 50-day moving average on September 25, 2023. This indicates that the trend has shifted lower and could be considered a sell signal. In of 13 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 TTD declined for three days, the price rose further in of 62 cases within the following month. The odds of a continued downward trend are .
Bullish Trend Analysis
The RSI Indicator entered the oversold zone -- be on the watch for TTD'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 5 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 TTD advanced for three days, in of 363 cases, the price rose further within the following month. The odds of a continued upward trend are .
TTD may jump back above the lower band and head toward the middle band. Traders may consider buying the stock or exploring call options.
The Aroon Indicator entered an Uptrend today. In of 281 cases where TTD Aroon's Indicator entered an Uptrend, the price rose further within the following month. The odds of a continued Uptrend are .
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 90, placing this stock better than average.
The Tickeron Price Growth Rating for this company is (best 1 - 100 worst), indicating steady price growth. TTD’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 slightly better than average sales and a considerably 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 (17.762) is normal, around the industry mean (19.856). P/E Ratio (285.714) is within average values for comparable stocks, (152.778). Projected Growth (PEG Ratio) (5.558) is also within normal values, averaging (2.642). Dividend Yield (0.000) settles around the average of (0.088) among similar stocks. P/S Ratio (21.978) is also within normal values, averaging (74.113).
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.
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 provider of online advertising exchange
Industry PackagedSoftware
TTD and
Correlation & Price change
A.I.dvisor indicates that over the last year, TTD has been closely correlated with CLSK. These tickers have moved in lockstep 68% of the time. This A.I.-generated data suggests there is a high statistical probability that if TTD jumps, then CLSK could also see price increases.
| Ticker / NAME | Correlation To TTD | 1D Price Change % | ||
|---|---|---|---|---|
| TTD | 100% | -0.97% | ||
| CLSK - TTD | 68% Closely correlated | -4.13% | ||
| COIN - TTD | 66% Closely correlated | -1.71% | ||
| NET - TTD | 66% Loosely correlated | -1.85% | ||
| U - TTD | 66% Loosely correlated | -2.90% | ||
| RBLX - TTD | 65% Loosely correlated | +3.33% | ||
More | ||||