The ability of these robots to analyze and predict market trends based on both technical and fundamental analysis has made them valuable tools for traders. One such robot is the Trend Trader: Popular Stocks (TA&FA) robot, which was recently ranked as a top performer in Tickeron's robot factory. In this article, we will analyze the performance of the Trend Trader: Popular Stocks (TA&FA) robot on FUBO and provide insights on the earning results of FUBO.
Performance of the Trend Trader: Popular Stocks (TA&FA) Robot on FUBO:
According to the data from Tickeron's robot factory, the Trend Trader: Popular Stocks (TA&FA) robot was able to generate a return of 4.66% for FUBO in a week. This is an impressive performance, and it indicates that the robot was able to accurately predict the price trend of FUBO using both technical and fundamental analysis. However, it is important to note that the Stochastic Oscillator of FUBO remains in the overbought zone for a day, indicating that a price pullback is likely to occur in the near future. Therefore, traders who are considering investing in FUBO should keep this in mind and monitor the market closely.
Earning Results of FUBO:
FUBO is a media company that offers live sports streaming services. On May 05, the company released its latest earnings report, which showed earnings per share of -27 cents, beating the estimated -43 cents. This is good news for FUBO investors, as it indicates that the company's financial performance is better than expected. Additionally, FUBO has 4.88 million shares outstanding, and its current market capitalization is $589.54 million. This shows that FUBO is a mid-cap company, and it has the potential to grow further in the future.
The Trend Trader: Popular Stocks (TA&FA) robot has shown impressive performance in predicting the price trend of FUBO. However, traders should be cautious of a possible price pullback in the near future. The earnings report of FUBO indicates that the company's financial performance is better than expected, which is good news for investors.
Expect a price pull-back in the near future.
FUBO moved below its 50-day moving average on October 23, 2024 date and that indicates a change from an upward trend to a downward trend.
The 10-day moving average for FUBO crossed bearishly below the 50-day moving average on September 26, 2024. 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 FUBO declined for three days, the price rose further in of 62 cases within the following month. The odds of a continued downward trend are .
FUBO broke above its upper Bollinger Band on October 15, 2024. 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.
The Aroon Indicator for FUBO entered a downward trend on October 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.
The RSI Oscillator points to a transition from a downward trend to an upward trend -- in cases where FUBO's RSI Indicator exited the oversold zone, of 39 resulted in an increase in price. Tickeron's analysis proposes that the odds of a continued upward trend are .
The Momentum Indicator moved above the 0 level on October 09, 2024. You may want to consider a long position or call options on FUBO 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 .
The Moving Average Convergence Divergence (MACD) for FUBO just turned positive on October 10, 2024. Looking at past instances where FUBO's MACD turned positive, the stock continued to rise in of 54 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 FUBO advanced for three days, in of 227 cases, the price rose further within the following month. The odds of a continued upward trend are .
The Tickeron PE Growth Rating for this company is (best 1 - 100 worst), pointing to consistent 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 Price Growth Rating for this company is (best 1 - 100 worst), indicating steady price growth. FUBO’s price grows at a higher rate over the last 12 months as compared to S&P 500 index constituents.
The Tickeron Seasonality Score of (best 1 - 100 worst) indicates that the company is fair valued in the industry. The Tickeron Seasonality score describes the variance of predictable price changes around the same period every calendar year. These changes can be tied to a specific month, quarter, holiday or vacation period, as well as a meteorological or growing season.
The Tickeron Valuation Rating of (best 1 - 100 worst) indicates that the company is slightly 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 (1.751) is normal, around the industry mean (0.975). P/E Ratio (0.000) is within average values for comparable stocks, (17.001). FUBO's Projected Growth (PEG Ratio) (0.000) is slightly lower than the industry average of (0.346). FUBO has a moderately low Dividend Yield (0.000) as compared to the industry average of (0.045). P/S Ratio (0.279) is also within normal values, averaging (0.591).
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 Profit vs. Risk Rating rating for this company is (best 1 - 100 worst), indicating that the returns do not compensate for the risks. FUBO’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 96, placing this stock worse than average.
The average fundamental analysis ratings, where 1 is best and 100 is worst, are as follows
Industry Broadcasting