TTD Reaps Rewards as AI Trading Robot Shines with 4.01% Growth
AI trading robot, developed by Day Trader: High Volatility Stocks for Active Trading (TA&FA), has recently caught the attention of investors. In Tickeron's robot factory, this trading robot emerged as a top performer over the course of a week, generating an impressive 4.01% return for TTD. This article will delve into the technical analysis of TTD's stock and explore the implications of its recent earnings report.
Positive MACD Signals Bullish Trend: On May 17, 2023, the Moving Average Convergence Divergence (MACD) indicator for TTD turned positive. This occurrence has historically signaled a continuation of an upward trend in the stock's price. In fact, analyzing past instances where TTD's MACD turned positive, it was found that the stock continued to rise in 43 out of 47 cases over the subsequent month. These statistics suggest that there is a high likelihood, around 90%, of TTD experiencing a continued upward trend.
Impressive Earnings Report: The latest earnings report, released on May 10, revealed earnings per share (EPS) of 23 cents for TTD, surpassing the estimated 12 cents. This positive earnings surprise is a promising sign for investors. Furthermore, considering the current market capitalization of TTD, which stands at 33.50 billion, and the number of shares outstanding (415.19K), the company's financial health seems robust.
Conclusion: Based on the technical analysis and earnings results, TTD shows promising indicators for future growth. The AI trading robot from Day Trader: High Volatility Stocks for Active Trading (TA&FA) has proven its worth by delivering impressive returns over a week. The positive MACD signal further strengthens the case for a continued upward trend in TTD's stock price, with historical data indicating a 90% chance of such a scenario. Additionally, the company's recent earnings report, which surpassed expectations, reflects strong financial performance. As always, investors should conduct thorough research and consider various factors before making any investment decisions. However, TTD appears to be a stock worth watching closely in the coming weeks.
TTD's MACD Histogram crosses above signal line
The Moving Average Convergence Divergence (MACD) for TTD turned positive on May 17, 2023. Looking at past instances where TTD's MACD turned positive, the stock continued to rise in of 47 cases over the following month. The odds of a continued upward trend are .
Technical Analysis (Indicators)
Bullish Trend Analysis
The Momentum Indicator moved above the 0 level on May 15, 2023. You may want to consider a long position or call options on TTD as a result. In of 89 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 TTD advanced for three days, in of 357 cases, the price rose further within the following month. The odds of a continued upward trend are .
The Aroon Indicator entered an Uptrend today. In of 278 cases where TTD Aroon's Indicator entered an Uptrend, the price rose further within the following month. The odds of a continued Uptrend are .
Bearish Trend Analysis
The RSI Indicator has been in the overbought zone for 1 day. Expect a price pull-back in the near future.
The Stochastic Oscillator may be shifting from an upward trend to a downward trend. In of 65 cases where TTD's Stochastic Oscillator exited the overbought zone, the price fell further within 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 .
TTD broke above its upper Bollinger Band on June 01, 2023. 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.
Fundamental Analysis (Ratings)
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 89, placing this stock better than average.
The Tickeron Price Growth Rating for this company is (best 1 - 100 worst), indicating fairly steady price growth. TTD’s price grows at a lower 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 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 (18.762) is normal, around the industry mean (31.535). P/E Ratio (476.190) is within average values for comparable stocks, (167.703). Projected Growth (PEG Ratio) (12.813) is also within normal values, averaging (4.118). Dividend Yield (0.000) settles around the average of (0.068) among similar stocks. P/S Ratio (22.831) is also within normal values, averaging (77.847).
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 DOCN. These tickers have moved in lockstep 69% of the time. This A.I.-generated data suggests there is a high statistical probability that if TTD jumps, then DOCN could also see price increases.
| Ticker / NAME | Correlation To TTD | 1D Price Change % | ||
|---|---|---|---|---|
| TTD | 100% | +0.05% | ||
| DOCN - TTD | 69% Closely correlated | +2.48% | ||
| AFRM - TTD | 68% Closely correlated | -7.75% | ||
| CLSK - TTD | 68% Closely correlated | -2.56% | ||
| U - TTD | 68% Closely correlated | +0.08% | ||
| HUBS - TTD | 68% Closely correlated | -0.07% | ||
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