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1-800-FLOWERS (FLWS)
This week’s stock analysis is 1-800-FLOWERS (FLWS) which highlights an opportunity this month for potential gains.
From the cross-over on November 11 th , let’s explore how artificial intelligence could have helped you locate this opportunity.
VantagePoint Software Prediction
When using the VantagePoint software in your trading, it is important to take into consideration every predictive indicator available.
VantagePoint began to showcase signs of a trend change on FLWS on 11/11/20. The Neural Index (The Green/Red Bar below the candles) turned green accompanied by a trend change in the medium term forecast (the Predictive Blue Line moving above the Black Line.)
When that momentum shifted in the Neural Index, the three-day predictive indicators also began to shift upward, which added an additional layer of confirmation that this trend was reversing and turning bullish.
Over the last year 1-800-FLOWERS (FLWS) has had a 52 week low price of $11.17 and a 52 week high price of $32.78. This annual price range equate to $21.61. The artificial intelligence has captured $1.58 a share.
It is not uncommon for companies like 1-800-FLOWERS to rise seasonally before major holiday events.
As momentum is rising, the Artificial Intelligence signals that the best purchasing opportunities are at or below the predictive blue line . Since the bullish forecast FLWS has rallied 7.49% in 5 days. At this particular juncture on the chart many traders would move their stop loss to break even to eliminate risk on the trade.
Another valuable aspect of the Vantagepoint software is that it provides forecasts for the next trading days high price and low price. This is an extremely valuable feature for short term swing traders who are looking for a short term momentum opportunity for profit.
Intermarket Analysis of 1-800-FLOWERS
A powerful feature of the Vantagepoint Software is the ability to look at the intermarket analysis of individual stocks and other instruments. This feature quickly highlights the key drivers of an underlying assets price. These key drivers are the statistically most correlated assets to FLWS. Here is a quick graphic showing what the key drivers are:
These are all of the stocks, ETF’s and Futures contracts most closely aligned with FLWS price movement.
About 1-800-Flowers
1-800-Flowers.com, Inc. is a floral and gourmet foods gift retailer and distribution company in the United States. It was one of the first retailers to use a 24/7 toll-free telephone number, then the Internet, and then conversational commerce via chat/chatbots for direct sales to consumers. It has a market cap of $1.46 billion dollars. On average it trades almost one billion shares a day.