BKE Forecast + Trading Strategies


Bullish Case: Buckle's mean-reverting price action and historically strong performance in the online market segment suggest resilience and potential for recovery.


Bearish Case: Persistent declines in net sales and recent underperformance reflect challenges likely to suppress Buckle's near-term growth prospects.


Potential Outcomes: Buckle stabilizes and rebounds modestly (40%), further sales decline and underperformance (55%), unexpected positive catalysts boost performance (5%).


Trading Oracle: Sign Up to access trading oracle trade ideas.


April 13, 2024


Buckle Forecast

BKE        Buckle
Price Forecast: NEUTRAL    Price Action: MEAN REVERTING (?)











Correlated Stock Forecasts

Assets that tend to move strongly with BKE



LZB Forecast + Options Trading Strategies   LZB  La-Z-Boy (0.87)


SAIC Forecast + Options Trading Strategies   SAIC  Science Applications International (0.86)


MTH Forecast + Options Trading Strategies   MTH  Meritage Homes (0.86)


SKT Forecast + Options Trading Strategies   SKT  Tanger Factory Outlet Centers (0.85)


XRT Forecast + Options Trading Strategies   XRT  SPDR Retail (0.85)



Uncorrelated Stock Forecasts

Assets with little price relationship to BKE



SA Forecast + Options Trading Strategies   SA  Seabridge Gold (-0.0)


CORT Forecast + Options Trading Strategies   CORT  Corcept Therapeutics (0.0)


NKE Forecast + Options Trading Strategies   NKE  Nike (-0.01)


CTRA Forecast + Options Trading Strategies   CTRA  Coterra Energy (0.01)


BNS Forecast + Options Trading Strategies   BNS  Bank Of Nova Scotia (0.01)



Anticorrelated Stock Forecasts

Assets that tend to move strongly against BKE



TECS Forecast + Options Trading Strategies   TECS  Direxion Daily Technology Bear 3X Shares (-0.79)


SPXS Forecast + Options Trading Strategies   SPXS  Direxion Daily S&P 500 Bear 3X Shares (-0.81)


DRV Forecast + Options Trading Strategies   DRV  Direxion Daily Real Estate Bear 3X Shares (-0.82)


DXD Forecast + Options Trading Strategies   DXD  ProShares UltraShort Dow30 (-0.83)


SDOW Forecast + Options Trading Strategies   SDOW  ProShares UltraPro Short Dow30 (-0.84)





Become a more profitable investor with AI optimized trading strategies






×

Chat with BKE


 Ask any question about BKE!