AI technology has become an invaluable tool for analyzing market trends, identifying patterns, and generating accurate predictions. ATER's performance is a testament to the power of AI in the trading world. By leveraging advanced algorithms and machine learning, our AI robot Swing trader: Deep Trend Analysis (TA) has successfully identified opportunities for significant growth.
One key indicator that stands out is ATER's RSI (Relative Strength Index) leaving the oversold zone. In 35 similar cases, this has led to successful outcomes in 86% of instances. This suggests a potential shift from a downtrend to an uptrend, opening up possibilities for traders to capitalize on the upward momentum.
However, it's important to consider all aspects of the analysis. The MACD (Moving Average Convergence Divergence) Histogram crossing below the signal line on June 16, 2023, indicates a bearish signal for ATER. Tickeron's A.I.dvisor has observed that in 34 out of 37 similar instances, stocks moved lower following this pattern, suggesting a 90% probability of a downward move.
In terms of market cap, the Home Furnishings Industry has an average valuation of 2.1B, with HRSHF holding the highest valuation at 27.96B. It's fascinating to see how ATER, despite being in a volatile industry, has achieved such remarkable growth.
Analyzing price notable news, we find that the average weekly price growth across the industry was -0%, with LCUT experiencing the highest price growth at 26%. AUVIP, on the other hand, faced a significant fall of -58%.
Considering volume statistics, the average weekly volume growth across the Home Furnishings Industry was -26%, while the average monthly volume growth was 31%. This indicates potential fluctuations in trading activity within the industry.
In this blog, we have uncovered ATER's outstanding performance, highlighting its impressive 90.35% gain in the past year. While there are both bullish and bearish indicators, traders can utilize AI-powered analysis to make informed decisions and navigate the market effectively.
As the world of trading continues to evolve, incorporating AI technology into your trading strategy can provide valuable insights and uncover profitable opportunities. Stay tuned for more in-depth analysis and updates on the dynamic world of trading.
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 uptrend is expected.
The Moving Average Convergence Divergence (MACD) for ATER just turned positive on August 28, 2023. Looking at past instances where ATER's MACD turned positive, the stock continued to rise in of 39 cases over the following month. The odds of a continued upward trend are .
Following a +1 3-day Advance, the price is estimated to grow further. Considering data from situations where ATER advanced for three days, in of 233 cases, the price rose further within the following month. The odds of a continued upward trend are .
The Momentum Indicator moved below the 0 level on August 31, 2023. You may want to consider selling the stock, shorting the stock, or exploring put options on ATER as a result. In of 72 cases where the Momentum Indicator fell below 0, the stock fell further within the subsequent 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 ATER 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 ATER entered a downward trend on September 20, 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.
The Tickeron Valuation Rating of (best 1 - 100 worst) indicates that the company is fair valued 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 (0.577) is normal, around the industry mean (9.030). P/E Ratio (0.000) is within average values for comparable stocks, (22.094). ATER's Projected Growth (PEG Ratio) (0.000) is slightly lower than the industry average of (1.131). Dividend Yield (0.000) settles around the average of (0.052) among similar stocks. P/S Ratio (0.123) is also within normal values, averaging (8.272).
The Tickeron Price Growth Rating for this company is (best 1 - 100 worst), indicating slightly worse than average price growth. ATER’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 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. ATER’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 83, placing this stock worse than average.
The average fundamental analysis ratings, where 1 is best and 100 is worst, are as follows
a technology enabled consumer products company. Its product categories include home and kitchen appliances, kitchenware, environmental appliances, beauty related products and consumer electronics. The company was founded by Yaniv Sarig Zion in 2014 and is headquartered in New York, NY.
Industry HomeFurnishings
A.I.dvisor tells us that ATER and WHR have been poorly correlated (+31% of the time) for the last year. This A.I.-generated data suggests there is low statistical probability that ATER and WHR's prices will move in lockstep.
Ticker / NAME | Correlation To ATER | 1D Price Change % | ||
---|---|---|---|---|
ATER | 100% | -2.51% | ||
WHR - ATER | 31% Poorly correlated | +1.93% | ||
SNBR - ATER | 31% Poorly correlated | +0.45% | ||
LOVE - ATER | 31% Poorly correlated | +3.13% | ||
MLKN - ATER | 27% Poorly correlated | -4.28% | ||
LZB - ATER | 25% Poorly correlated | +1.87% | ||
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