Because the stock's swings are often regulated, the overall risk is modest. Keep a watch on the stock if the volume is low or declining. The stock changed 5.81 percent from high to low the previous day, or $0.0009. The stock's daily average volatility has been 6.90 percent during the past week.
The current share price of Artificial Intelligence Technology Solutions Inc (AITX) is $0.0159. AITX has a score of 38, 24% lower than its historic median score of 50, indicating greater risk.
AITX is presently trading around the 30-40 percentile range of its prior Stock Score levels.
What to Know About AITX Stock
Artificial Intelligence Technology Solutions is a firm that provides clients with AI and robotics solutions.
For its systems, the business also provides frontend and backend software solutions.
The RAD section of the corporation creates stationary workflow automation systems, which improve customer productivity by streamlining organizational operations.
Similarly, the RAD-M subsidiary of Artificial Intelligence offers mobile process automation services.
Finally, the RAD-G section of the corporation focuses on autonomous remote services. This is the company's software division, which is seeing rapid expansion.
Ghost Robotics and the firm recently struck a collaboration arrangement.
As a result, investors tend to be optimistic about this speculative stock's growth possibilities.
AITX Company Profile
John B. Crawford launched Artificial Intelligence Technology Solutions (AITX) on March 25, 2010. The company's current headquarters are in Ferndale, Michigan. The firm now specializes in artificial intelligence (AI) solutions. Its emphasis is on AI-driven technologies that can be readily integrated with bespoke applications and cloud services and linked with multi-use hardware. They also assist with the automation and integration of security, concierge, and operational activities.
AITX's businesses include Robotic Assistance Devices (RAD), Robotic Assistance Devices Group, Robotic Assistance Devices Mobile, On the Move Experience, and OMV Transports. One of the company's most important products is security robots like ROAMEO.
Financial Reports from AITX in the Recent Past
For the last many years, AITX has not had the finest financial growth. The company's net income for 2020 was minus $5.9 million, and this was a significant increase from the company's net loss of $6.21 million in 2019.
According to the company's quarterly data, in the first quarter of 2021, the firm had a net loss of $35.9 million. This was followed by a $4.8 million net loss in the second quarter and a $7 million net loss in the third quarter. The firm did not have the most significant quarterly results in terms of sales. The firm made $560,000 in sales in the first quarter of 2021, and the firm made $141,000 and $373,000 in sales in the second and third quarters, respectively.
The company's third-quarter 2021 balance sheet also reveals essential information regarding the company's financial health. The debt-to-asset ratio of the corporation was above 270 percent, and the assets of the corporation were likewise smaller than its liabilities. According to financial statistics, the corporation had $9.27 million in assets and $25.37 million in liabilities.
AITX Fundamentals
AITX has made significant market advances in the past several months to position it as a market leader in AI-hardware solutions. One of these steps is the statement that its subsidiary, Robotic Assistance Devices Inc (RAD), has signed Prudential Alarm as a new authorized dealer. According to the company, the firm obtained an order for several security robots through this relationship. In the following years, the company's revenues will rise due to this.
Texas Dealer, Pro Security Group, has also placed an order with the corporation. The orders were placed via its RAD subsidiary for ROSA autonomous security robots. In addition, the business recently announced the release of RAD light my path, an integrated facility and a campus safety application.
The firm will continue to acquire momentum and revenue due to these efforts. Its RAD subsidiary has shown interest in partnering with Red Hawk Casino, where RAD would provide the ROAMEO mobile security robot.
For the previous several days, AITX stock prices have been moving sideways. Even though the market has been optimistic for the previous four days due to a lack of volatility, the stock price has stayed relatively low, with no apparent rise. Consequently, the AITX stock is now trading at a low of $0.0164, a long cry from the highs of 2018 when the company was trading at over $7,000.
To construct an AITX stock projection for 2022, we must first consider what has happened in recent months. The current long-term negative trend began on February 9, 2021, and the stock price has lost more than 95% of its value since then. Likewise, prices have been trading in a declining channel that began on June 4, 2021. Looking at the AITX daily chart, you will note that the stock price has been hovering around $0.0147 for several weeks. The chart also illustrates that prices have attempted to break to the downside many times but have failed, and this triggered a sideways price movement that has continued since December 30.
These lateral swings and recent support and resistance levels may help us predict where the AITX stock will trade by the end of the year. According to my AITX stock estimate for 2022, prices will be trading around the $0.051 barrier level. This is a 208 percent increase above current rates. Although the return on investment seems to be excessively high, AITX has shown that it may rise considerably in a short amount of time. This was best proven when the stock price increased by 94% in three days, beginning on October 15, 2021. I anticipate prices to trade in the yellow range in the daily chart below.
Signals & Forecast
In today's stock market, there are conflicting signals. The stock of Artificial Intelligence Technology has received a sell signal from both short and long-term moving averages, indicating a more gloomy view.
Furthermore, the link between the two signals provides a general sell signal when the long-term average is greater than the short-term average. The lines at $0.0162 and $0.0166 will provide some resistance to upward corrections. If a break-up occurs above any level, buy signals will be sent. The volume on the previous trading day declined in lockstep with the price, which is technical positive.
However, it should be noted that this stock may have little liquidity at times, increasing the overall risk. On Tuesday, March 15, 2022, a buy signal was sent from a pivot bottom point, and it has since climbed 3.90%. Until a new top pivot is located, further upward movement is predicted. Furthermore, the three-month Moving Average Convergence Divergence gives a buy signal (MACD).
Support, Risk & Stop-loss
Artificial Intelligence Technology finds support from an accumulated volume of around $0.0157. This level might be an excellent place to purchase since an upwards response is likely when the support is challenged.
In general, the stock tends to move predictably. Thus the overall risk is modest. However, be wary of low or declining volume and keep a close check on the stock. The stock changed $0.0009 between high and low the previous day, or 5.81 percent. The stock has had daily average volatility of 6.90 percent over the previous week.
The Stop-loss levels that we propose are as follows: This stock has a bad rating from us, and there is no stop-loss in place.
Is Artificial Intelligence Technology Solutions Inc. stock A Buy?
Artificial Intelligence Technology is sending out multiple ominous signs, and we predict it will continue to underperform in the following days or weeks. As a consequence, we have a pessimistic view of this stock.
About the Artificial Intelligence Technology Solutions Inc stock forecast
The current price of AITX stock is 0.0159$ as of 2022, April 06, Wednesday, and according to our statistics, the asset price has been declining over the last year (or since its inception).
Because the stock price of Artificial Intelligence Technology Solutions has been falling, we think that comparable market categories were not particularly popular throughout the period.
Our website employs a unique Deep Learning-based algorithm to assist consumers in determining if AITX is an excellent addition to their portfolio. These forecasts consider a variety of factors, including volume fluctuations, price changes, market cycles, and comparable stocks.
According to our prediction algorithm, the stock's future price will be 0$ (-100%) after a year.
If you spend $100 today, your current investment may be worth 0 dollars on April 6, 2023.
This suggests that this stock is not suitable as a new addition to your portfolio since investing in bear markets is usually more difficult, particularly for inexperienced traders.
AITX Stock Forecast 2025
My AITX stock prediction for 2025 is that prices will be over $0.1. Between 2023 and 2025, there will be an average of 41% increase. Although this number is modest, given recent price action history, which has demonstrated that AITX stock prices may climb in less than a week, I predict the company's price will grow at a very consistent rate between 2023 and 2025. However, by 2025, AITX stock might be selling for as much as $0.5 to $1.00.
AITX Stock Forecast 2030
In 2030, my AITX stock projection is that the stock will have surpassed the $1 mark and be trading in the $5 to $10 range. This is a conservative estimate, and by 2030, costs might be as high as $20.
Is AITX a Good Investment?
Long-term investors will find AITX to be an excellent investment. The equities have shown their volatility in the past, with prices rising by up to 94% in three days. However, Because my 2022 analysis forecasts that prices would increase by more than 200 percent by the end of the year, the return is higher than most traditional investment institutions, which provide returns of less than 20%.
AI Stock Market Prediction Services
We wonder whether the new, improved AI-based algorithms can identify price patterns since AI stock market prediction has been gaining traction. Are they capable of picking winners or predicting which stocks will soar and plummet?
Are they capable of detecting a new Corona Virus danger or the impact of a government economic news release on stock prices? They may train it to recognize these repeated instances and attribute extra significance to a significant danger like the new Omicron Covid variety. Are they, however, doing crucial detection such as this? That is a mystery, but the ability of artificial intelligence systems to identify events, assess them, and recommend a course of action is unquestionably essential.
The Advantage of AI Technology
In reaction to rising corporate expenses, interest in AI technology, AI software, and AI prediction tools is expanding. To strengthen their efforts, several businesses are turning to artificial intelligence (AI) marketing solutions. Many stock market investors are interested in companies that employ artificial intelligence (AI stocks) in their company activities. Then there is the artificial intelligence (AI) stock price prediction systems.
At least three AI stock market prediction services are evaluated below, and you may wish to give them a try. They are not well-known, and they need to strengthen their digital marketing efforts to reach the tens of millions of individual investors who may benefit from their advice.
Finding the finest stocks to purchase is difficult as investors deal with volatility, financial crashes, political unrest, and economic shifts. The finest long-term investments in the markets are often the weakest performers. During the sell-off, equities including 5G, energy stocks, and Bitcoin came close to collapsing, and they may do so again.
This year, you could check out an AI stock selection program or service, so let us look at the possibility and which solutions would be the best place to start your AI investing adventure.
Is it possible that AI prediction tools will be more effective at identifying the top growth and cyclical stocks? Is artificial intelligence the ultimate stock market forecasting tool? Is stock prediction a straightforward process including investment adviser experience, AI software insight, and real-time trading responsiveness, or is it a more complicated process involving investment advisor expertise and AI software insight, and real-time trading responsiveness?
AI Stock Predicton Software
We examine at FinBrain, I Know First, and Danel Capital as examples of prominent stock selection systems. What is the cost of using these AI stock forecasting tools, and how do they work?
More AI stock prediction tools and platforms are on the way. Please save this page for future reference. Please forward this message to your contacts.
Trading using algorithms has been around for decades. Some New York City traders called me 15 years ago to run market campaigns for their new machine learning, algorithmic trading (precursor to AI trading) technology.
However, with solutions capable of taming the complexity of contemporary stock trading, are these forward-thinking solutions still too far ahead of their time? We are not sure. However, you can test them out for free or at a modest initial cost.
FinBrain Stock Forecasting Technology
The service most traders are interested in is FinBrain Technologies. Financial prediction systems based on Artificial Intelligence are available from IT. They provide services to the stock, commodity, FX, and cryptocurrency markets.
To estimate prices, they employ models that learn from artificial neural networks, sophisticated deep learning algorithms, non-linear data, historical data, self-learning and self-adapting algorithms, market sentiment elements, and technical indicators.
Who Needs Their Stock Market Forecasts?
Banks, asset management businesses, financial advisers, wealth management firms, hedge fund managers, and online brokerages/trading platforms are among the clients of the artificial intelligence-enhanced company. I cannot speak for I Know First's prediction success as stated by users at this time. On the other hand, users would prefer to stay quiet if it did provide outstanding stock market projections.
First and foremost, I am aware. Disclaimer: I Know First-Daily Market Forecast does not offer personalized investment or financial advice to individuals, nor does it act as a personal financial, legal, or institutional investment advisor, and it does not recommend the purchase or sale of any asset or investment, or the implementation of any specific financial strategy, or the use of any specific financial strategy.
I Know First provides daily stock choices, analysis, and newsletters. Using an AI software system's expertise and insights to increase your revenue might benefit you. Check out Iknowfirst.com for more information.
Getting Started in AI-Aided Investing?
You will ask for my recommendations for AI stock market forecasting tools, but I will not be able to provide any. These services, in my opinion, are on the right track. Given the worldwide, national, corporate, regulatory, economic, and other developments that may impact how governments manipulate the markets, making any stock market prediction is exceedingly difficult.
This is why AI stock forecasting programs face such significant obstacles. It is like using AI to predict the best-selling book in five years or the most famous music or movie in 2025. The algorithms are designed to work with historical data and are not programmed to account for human emotion or market manipulation.
These tools, in my opinion, may be a major help in predicting the stock market and finding some rock-solid stocks. It is a no-brainer to test these firms at the prices they ask.
Real-time News
