Master the Market with Comprehensive Stock Analysis and Price Forecast

Master the Market with Comprehensive Stock Analysis and Price Forecast

Table of Contents

  1. Introduction
  2. Overview of c3.ai stock
  3. Stock performance analysis
  4. Analyst ratings and price targets
  5. Technical analysis indicators
  6. Support, risk, and stop loss levels
  7. Fundamental data of c3.ai
  8. Potential day trading levels
  9. Insider trades and their impact
  10. Conclusion

Introduction

Welcome to our in-depth analysis of c3.ai stock. In this article, we will provide You with a detailed overview of the stock's performance, analyst ratings, technical analysis indicators, and potential day trading levels. We will also discuss insider trades and their impact on the stock. By the end of this article, you will have a comprehensive understanding of c3.ai stock and its potential for investment.

Overview of c3.ai stock

C3.ai is a company that focuses on providing artificial intelligence solutions for businesses. Their stock has gained significant Attention in recent months, and investors are now Wondering whether it is the right time to buy or sell c3.ai shares. To determine this, we will analyze various factors such as the stock's performance, analyst ratings, and technical indicators.

Stock performance analysis

Since our initial recommendation of buying c3.ai stock 11 days ago, it has outperformed our expectations with a gain of 83.35%. This translates to an average return of 7.58% per day. However, the stock's Current score of 0.00 indicates high volatility and risk for the following trading day. Therefore, it is difficult to determine the stock's next direction at this point. The three-month and 12-month trends suggest potential changes of 2.37% and 22.8% respectively, with a price range of $15.91 to $42.83 after a year.

Analyst ratings and price targets

Various analysts have rated c3.ai stock differently. For the P/E ratio, it has received a strong buy rating, while the price-to-book ratio is also considered a strong buy. However, the return on investment rating is neutral. Price targets set by analysts vary, with some setting a target of $13 and others setting it at $19.

Technical analysis indicators

The technical analysis indicators provide insights into c3.ai stock's performance. The stock holds both short and long-term moving average signals, giving a positive forecast. The relation between the two signals indicates a general buy signal. Furthermore, the volume is rising along with the price, which is considered to be a good technical sign. The stock also had a golden star signal in the long-term Chart, suggesting potential long and strong gains.

Support, risk, and stop loss levels

On the downside, c3.ai stock finds support at $33.87 and $33.57. A breakdown below these levels will issue sell signals. The stock's high volatility and large prediction interval from the Bollinger band make it a high-risk investment. Therefore, our recommended stop loss is set at $42.53, representing a 3.22% decrease from the current price.

Fundamental data of c3.ai

The price to earnings ratio (P/E ratio) measures the company's current share price relative to its per-share earnings. A negative P/E ratio indicates that the company has negative earnings or is losing money. For c3.ai, the next earnings report for Q2 2023 is expected on August 29, 2023.

Potential day trading levels

There are no significant resistance levels from accumulated volume above the current price, indicating that the stock could move upwards swiftly. On the downside, the first support level is at $33.87. If this level holds, it could be a good entry point for anticipating a rebound.

Insider trades and their impact

Several insider trades have taken place recently for c3.ai stock. While some insiders conducted sell transactions, others purchased shares. Overall, insiders purchased 4,997,881 shares and sold 1,917,747 shares in the last 100 trades. The positive insider power ratio suggests confidence in the stock.

Conclusion

Based on our analysis, c3.ai stock holds several positive signals. However, there are some small weaknesses in the technical picture. Therefore, we have downgraded our analysis conclusion from a strong buy to a hold/accumulate candidate. It is crucial to consider the stock's volatility and the risks associated with it before making any investment decisions. Always consult with a financial advisor before buying or selling any securities.

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