Trend trading is one of the most profitable strategies when you bet on the continuation of an existing up or downtrend. If you plan to trade trends, you will need Tickeron’s Artificial Intelligence (A.I.) Trend Prediction Engine (TPE). Using TPE, you will instantly get an AI opinion on whether the stock is going up or down for the next week or month.
Tickeron offers you the opportunity to find bullish and bearish trends among 7000 stocks, 10000 OTC stocks, 3000 ETFs, and 14000 Mutual funds. To find what you need, you can use a wide range of search tools with the possibility of individual customization.
General description
A ‘Sideways Next Month’ means that A.I.dvisor expects no upward or downward price movement outside of a -4% to +4% range within the next month. The A.I.dvisor considers the trend prediction a success if the price does not fall -4% or rise +4% from its current price. For each prediction, A.I.dvisor calculates the profits and/or losses and maintains statistics over time.
The A.I. trend prediction is valuable for swing traders who actively monitor short-term price changes.
Trade Idea
Consider doing nothing when you see a ‘Sideways Next Month’ prediction with a high confidence level. Another strategy would be to consider selling call and put options, which would allow you to collect the premium if the security does not reach its exercise price.
| Ticker | #Of Predictions | #Of Correct Predictions | Avg. return if success | Avg. return if failure |
|---|---|---|---|---|
| NFLX Netflix Consumer Services | 9 | 0 | - | - |
| WFC Wells Fargo & Co Banks | 63706 | 4313 | - | - |
| XOM Exxon Mobil Corp Energy Minerals | 45943 | 264 | - | - |
| BABA Alibaba Group Holding Limited Retail Trade | - | - | - | - |
| TSLA Tesla Consumer Durables | - | - | - | - |
