Trend Trader: Popular Stocks (TA&FA) is an AI trading robot that uses both technical and fundamental analysis to identify profitable trades. According to Tickeron's robot factory, this AI trading robot was a top performer over a week, generating 4.50% for FANG (Facebook, Amazon, Netflix, Google).
However, on May 02, 2023, FANG's stock price moved below its 50-day moving average, which is a bearish signal and indicates a change from an upward trend to a downward trend. Based on historical data, in 34 of 40 similar past instances, the stock price decreased further within the following month. The odds of a continued downward trend are therefore estimated at 85%.
As an AI trading robot, Trend Trader: Popular Stocks (TA&FA) uses technical analysis to identify trends and patterns in the market. Its algorithm is based on the idea that historical price and volume data can be used to predict future market movements. In the case of FANG, the robot may have identified the bearish signal and taken a short position, which would have resulted in a profit as the stock price decreased.
However, it is important to note that fundamental factors also play a significant role in the stock market. On May 01, FANG reported earnings per share of $4.10, which missed the estimate of $4.35. With 2.23 million shares outstanding, the current market capitalization sits at $23.12 billion.
This disappointing earnings report may have contributed to the downward trend in FANG's stock price. As an AI trading robot, Trend Trader: Popular Stocks (TA&FA) also takes fundamental factors into account when making trading decisions. It is possible that the robot identified the missed earnings estimate as a negative factor and took a short position in the stock.
FANG saw its Momentum Indicator move above the 0 level on May 03, 2024. This is an indication that the stock could be shifting in to a new upward move. Traders may want to consider buying the stock or buying call options. Tickeron's A.I.dvisor looked at 92 similar instances where the indicator turned positive. In of the 92 cases, the stock moved higher in the following days. The odds of a move higher are at .
The Stochastic Oscillator suggests the stock price trend may be in a reversal from a downward trend to an upward trend. of 52 cases where FANG'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 .
Following a 3-day Advance, the price is estimated to grow further. Considering data from situations where FANG advanced for three days, in of 348 cases, the price rose further within the following month. The odds of a continued upward trend are .
FANG 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 310 cases where FANG Aroon's Indicator entered an Uptrend, the price rose further within the following month. The odds of a continued Uptrend are .
The 10-day RSI Indicator for FANG moved out of overbought territory on April 15, 2024. 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 38 similar instances where the indicator moved out of overbought territory. In of the 38 cases, the stock moved lower in the following days. This puts the odds of a move lower at .
The Moving Average Convergence Divergence Histogram (MACD) for FANG turned negative on April 12, 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 48 similar instances when the indicator turned negative. In of the 48 cases the stock turned lower in the days that followed. This puts the odds of success at .
Following a 3-day decline, the stock is projected to fall further. Considering past instances where FANG 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 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 76, placing this stock better than average.
The Tickeron Price Growth Rating for this company is (best 1 - 100 worst), indicating steady price growth. FANG’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 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 (2.139) is normal, around the industry mean (5.854). P/E Ratio (11.502) is within average values for comparable stocks, (18.621). Projected Growth (PEG Ratio) (1.684) is also within normal values, averaging (5.068). Dividend Yield (0.041) settles around the average of (0.083) among similar stocks. P/S Ratio (4.305) is also within normal values, averaging (148.486).
The average fundamental analysis ratings, where 1 is best and 100 is worst, are as follows
a company which develops, explores & exploits unconventional, onshore oil and natural gas reserves
Industry OilGasProduction