Unveiling the Future of AI Price Volatility
Table of Contents
- Introduction
- Overview of C3.ai
- Stock Performance Analysis
- Short-Term Trend Analysis
- Three-Month Trend Analysis
- Twelve-Month Trend Analysis
- Daily Stock Update
- Analyst Ratings and Price Targets
- Technical Analysis
- Moving Averages
- Support, Risk, and Stop Loss Levels
- Volatility Analysis
- Fundamental Data
- Price-to-Earnings Ratio (P/E Ratio)
- Earnings Report and Consensus Estimates
- Potential Day Trading Levels
- Resistance Levels
- Support Levels
- Insider Trades
- Evaluation and Conclusion
- Is C3.ai Stock a Good Buy?
Article
Introduction
In this article, we will dive deep into the analysis of C3.ai, a company in the foreign stock market. We will provide You with a detailed overview of C3.ai, analyze its stock performance, review analyst ratings and price targets, conduct technical analysis, examine fundamental data, discuss potential day trading levels, and evaluate whether C3.ai stock is a good investment.
Overview of C3.ai
C3.ai is a company that specializes in AI-powered stock analysis tools. They offer a newly launched AI stock analysis tool called gpt4, which provides price predictions and deep analysis for over 25,000 companies worldwide. The company has been ranked as a strong candidate by our system, with a score of -3.76.
Stock Performance Analysis
Short-Term Trend Analysis
C3.ai's stock lies in the lower part of a wide and strong rising trend in the short term. This presents a potential buying opportunity. However, if the lower trend floor at $37.29 is broken, it could indicate a slower rate of rising and a possible trend shift.
Three-Month Trend Analysis
The Current three-month trend suggests a potential 53.32% change over the next three months, with a possible return between 45.57% and 122.11%. This translates to a price range of $45.57 to $122.11 after three months.
Twelve-Month Trend Analysis
According to the twelve-month trend, C3.ai stock is expected to experience a 107.19% change over the next 12 months, with a potential return between 25.7% and 162.51%. This corresponds to a price range of $49.38 to $103.11 after a year.
Daily Stock Update
In our latest daily update, the headline for C3.ai stock indicates a downgrade from hold/accumulate to sell candidate. On Thursday, August 3, 2023, the stock price fell by -1.48%, from $39.87 to $39.28. The stock fluctuated between a day low of $38.71 and a day high of $40.46. Over the past two weeks, the stock has seen a 0.8% increase.
Analyst Ratings and Price Targets
Analysts have given C3.ai stock a strong buy rating in terms of the P/E ratio and price-to-book ratio. However, for return on investment, the analysts give the stock a neutral rating. Various price targets have been set by different analysts, including Piper Sandler and JMP Securities.
Technical Analysis
There are several technical signals to consider for C3.ai stock. Currently, both short and long-term moving averages indicate sell signals, suggesting a negative forecast for the stock. Other signals, such as the Bollinger Bands and moving average convergence divergence (MACD), also indicate sell signals.
Support, Risk, and Stop Loss Levels
C3.ai finds support from accumulated volume at $38.19, which could present a buying opportunity if tested. The stock has medium risk, with average movements during the day and good trading volume.
Volatility Analysis
C3.ai stock has experienced an average daily volatility of 7.45% over the past week. The stock's volatility can impact trading decisions and risk management.
Fundamental Data
The price-to-earnings ratio (P/E ratio) of C3.ai measures its current share price relative to its per-share earnings. A negative P/E ratio indicates negative earnings or potential bankruptcy risks. The next earnings report for Q2 2023 is expected on August 29, 2023, with analysts estimating earnings of $0.170 per share.
Potential Day Trading Levels
In case of an upward trend, the first resistance level for C3.ai stock is at $40.01. For those already holding the stock, this level could be considered for swing trading. On the downside, the first support level is at $38.19, which could present a good entry point for a rebound.
Insider Trades
Recent insider trades for C3.ai stock have been executed by Thomas M. Siebel, who bought and sold shares in the company.
Evaluation and Conclusion
Based on our analysis, we have a negative evaluation of C3.ai stock. Although there have been some positive trends, we believe that the stock will perform weakly in the next few days or weeks. However, please note that trading involves high risk, and it is recommended to consult with a financial advisor before making any investment decisions.
Is C3.ai Stock a Good Buy?
Considering the negative signals and the downgraded analysis conclusion, we do not recommend buying C3.ai stock at this time. The stock has some weaknesses in its technical picture, and further evaluation is needed.
Highlights
- Detailed analysis of C3.ai stock performance and trends
- Review of analyst ratings and price targets
- Technical analysis indicators and signals
- Evaluation of support, risk, and stop loss levels
- Fundamental data and earnings estimates
- Potential day trading levels for buying and selling
- Insider trades and evaluations
- Conclusion and recommendation on whether C3.ai stock is a good buy
FAQ
Q: Is C3.ai stock a good investment?
A: Based on our analysis, C3.ai stock currently holds negative signals, and we do not recommend it as a good buy.
Q: What are the potential day trading levels for C3.ai stock?
A: The first resistance level is at $40.01, while the first support level is at $38.19.
Q: When is the next earnings report for C3.ai?
A: The next earnings report for Q2 2023 is expected on August 29, 2023.
Q: What is the current evaluation of C3.ai stock?
A: Based on our analysis, we have a negative evaluation of C3.ai stock given its performance and trends.
Q: Are there any insider trades for C3.ai stock?
A: Recent insider trades have been executed by Thomas M. Siebel, who bought and sold shares in the company.