Analyzing C3.ai: Stock Performance and Price Forecast

Table of Contents

1. Introduction
2. Analysis of C3.ai Stock Performance
3. Short-Term Trend Analysis
   • 3.1 Potential Three-Month Change
   • 3.2 Potential Twelve-Month Change
4. Daily Stock Updates
5. Stock Volume and Price Movements
6. Analyst Ratings and Price Targets
7. Technical Signals for C3.ai Stock
8. Support, Risk, and Stop Loss Levels
9. Fundamental Data Analysis
10. Potential Day Trading Levels
11. Insider Trades and Insider Power
12. Recommended Stop Loss Level
13. Conclusion
14. FAQ

📈 Analysis of C3.ai Stock Performance

C3.ai is a stock that has garnered significant attention in recent months. In this article, we will delve deep into the analysis of C3.ai's stock performance to provide you with a comprehensive understanding of its potential.

Introduction

Before we dive into the details, it's important to note that the information provided in this article is strictly for informational purposes and should not be considered as financial advice. Investing in stocks carries risks, and it is always advisable to consult with a financial advisor before making any investment decisions.

Analysis of C3.ai Stock Performance

Since its initial recommendation as a hold/accumulate stock, C3.ai has exceeded expectations, with a gain of 51.11% in just 18 days. This translates to an average return of 2.84% per day. The stock currently lies in the middle of a wide and strong rising trend in the short term, indicating a potential further rise within the trend.

Short-Term Trend Analysis

3.1 Potential Three-Month Change

The current three-month trend suggests a potential change of 26.96% over the next three months. The stock has a possible return ranging between -25.74% and 57.78%.

3.2 Potential Twelve-Month Change

Looking ahead, the twelve-month trend suggests a 27.8% change over the next year, with a potential return ranging between -48.73% and 56.03%. This indicates a price range of $18.57 to $56.51 after a year.

Daily Stock Updates

The latest daily update for C3.ai reveals that the stock price ended at $36.22, representing a loss of 0.549% on Thursday, June 8, 2023. The stock exhibited a fluctuation of 5.53% during the last trading day, reaching a low of $35.63 and a high of $37.60. Over the past two weeks, there has been a significant gain of 30.05%.

Stock Volume and Price Movements

On the last trading day, the trading volume fell by -17 million shares. In total, approximately 21 million shares were bought and sold for a total value of approximately $748.49 million. The stock's price currently sits at $17.72, which is 7.80% below the 52-week high and 80.3% below the all-time high reached on December 23, 2020, when the price reached $183.90.

Analyst Ratings and Price Targets

Several analyst ratings have been given to C3.ai stock. The P/E ratio is rated as "Strong Buy," indicating confidence in the stock's potential. The Price to Book ratio also receives a "Strong Buy" rating. However, for Return on Investment, analysts give the stock a neutral rating.

On Thursday, December 8, 2022, Piper Sandler set a price target of $13, while JMP Securities set a price target of $19 on the same day. It's important to consider these price targets when evaluating the potential of C3.ai stock.

Technical Signals for C3.ai Stock

Technical analysis of C3.ai stock reveals positive signals from both short and long-term moving averages, indicating a positive forecast for the stock. A general buy signal is also observed from the relationship between these two signals, whereby the short-term average is above the long-term average.

On the downside, support levels can be found at $36.16 and $25.31. A breakdown below these levels would issue sell signals. Additionally, a buy signal is observed from the three-month moving average convergence divergence (MACD).

Support, Risk, and Stop Loss Levels

C3.ai finds support from accumulated volume at $34.72, which presents a potential buying opportunity. The stock's volatility is high, indicating a very high level of risk. It's crucial to approach trading this stock with caution.

During the last trading day, the stock moved 1.97% between its high and low, indicating a 5.53% volatility for the week. It is important to note that C3.ai is considered a stock with very high risk due to its large prediction interval from the Bollinger Bands.

Fundamental Data Analysis

Beyond technical indicators, it is helpful to consider the fundamental data of a company. The price-to-earnings (P/E) ratio is an essential ratio used to evaluate a company's current share price relative to its per-share earnings. C3.ai's P/E ratio suggests its current valuation.

It's worth noting that negative P/E ratios indicate negative earnings or losses. Although negative P/E ratios can occur even for established companies during down periods, consistent negative ratios may signal insufficient profit and possible bankruptcy risks.

The next earnings report for Q2 2023 is expected on August 29, 2023, with analysts' Consensus estimates at $0.180 per share. These numbers can significantly impact stock prices, making them crucial to monitor.

Potential Day Trading Levels

In case of an upward trend, the first resistance level for C3.ai is at $38.19. Those considering entering a position should wait for this level to be breached. For existing stockholders, this level could be a potential level to watch for swing trading.

On the downside, C3.ai encounters its first support level at $34.72. If this support level holds, it could Present a buying opportunity, anticipating a rebound.

Insider Trades and Insider Power

Analyzing recent insider trades can offer insights into market sentiment. The five most recent insider trades for C3.ai were executed by Ward Jr. Stephen M, who bought and sold a significant number of shares or options in the company. Insider power is calculated as positive, indicating a ratio of 32.015.

Overall, insiders have purchased 4,191,096 shares and sold 2,127,668 shares in the last 100 trades. These insider trades offer a glimpse into the confidence insiders have in the company's performance.

Recommended Stop Loss Level

Taking into account the stock's daily movements and volatility, a recommended stop loss level for C3.ai is set at $34.13, representing a decrease of 5.78%. Implementing a stop loss strategy is crucial for managing risk in stock trading.

Conclusion

In conclusion, analyzing the performance of C3.ai stock reveals a positive trajectory. The stock has outperformed expectations in the short term and shows potential for further growth. However, it is important to approach trading this stock with caution due to its high volatility and inherent risks associated with it.

Remember that this analysis is for informational purposes only and should not be considered as financial advice. As always, it's recommended to Seek guidance from a financial advisor before making any investment decisions.

Highlights

• C3.ai stock has gained 51.11% in 18 days, with an average return of 2.84% per day.
• Short-term trend analysis suggests a potential change of 26.96% over the next three months.
• Analyst ratings indicate a "Strong Buy" for P/E ratio and Price to Book ratio.
• Technical signals show positive forecasts, with buy signals from moving averages and MACD.
• Support level at $34.72 presents a potential buying opportunity.
• Fundamental data, including the P/E ratio and upcoming earnings report, should be considered.
• Day trading levels include resistance at $38.19 and support at $34.72.
• Recent insider trades demonstrate insider confidence in the stock's performance.
• A recommended stop loss level is set at $34.13, considering the stock's volatility.
• C3.ai stock is considered high risk due to its volatility and potential price fluctuations.

FAQ

Q: Is C3.ai stock a good buy? A: C3.ai stock holds several positive signals, but it's advisable to consider it as a hold candidate and await further development.

Q: What is the target for C3.ai stock? A: The target for C3.ai stock depends on individual investor preferences and risk appetite. It's crucial to evaluate personal investment goals and consult with a financial advisor for a target that aligns with one's investment strategy.

Q: How do technical analysis indicators impact C3.ai stock? A: Technical analysis indicators such as moving averages, MACD, and Bollinger Bands provide insights into the stock's potential trend, momentum, and support/resistance levels. These indicators can guide trading decisions but should be considered alongside other factors.

Q: Can I rely solely on this analysis to make investment decisions? A: No, this analysis should not be the sole basis for investment decisions. It is always recommended to conduct thorough research, consult with professionals, and consider personal financial circumstances before making any investment choices.

Q: Where can I find more signals and information about C3.ai stock? A: For more signals and information, you can visit our page at stockinvest.us.

Resources: stockinvest.us