AI BUSE Forecast


Price Forecast:


Bearish<->Bullish


Bullish Case: First Busey's sustained institutional investment increases confidence, while historical trends indicate potential long-term price appreciation, with favorable returns anticipated over 2+ years.


Bearish Case: Regulatory scrutiny and potential economic downturns threaten BUSE's stability, supported by high implied volatility and the risk of significant price decline in the near term.


Potential Outcomes:

1. Regulatory impact (50%) - can depress prices.

2. Increased institutional interest (40%) - could stabilize and elevate BUSE.

3. Positive earnings surprises (30%) - may boost prices.

4. General economic downturn (20%) - may trigger further lows.


Trading Oracle: Consider initiating bear put spreads targeting $22.50 strike with expiration in 60 days. This capitalizes on high implied volatility, maximizing profit potential if BUSE faces downward pressure amidst current market conditions.


August 19, 2024


First Busey Forecast

BUSE      First Busey











Correlated Assets

Assets that tend to move strongly with BUSE



DPST Forecast + Options Trading Strategies   DPST  Direxion Daily Regional Banks Bull 3X Shares (0.95)


WAL Forecast + Options Trading Strategies   WAL  Western Alliance Bancorp (0.93)


IAT Forecast + Options Trading Strategies   IAT  BlackRock Institutional Trust Company N.A. - iShares U.S. Regional Banks (0.91)


STT Forecast + Options Trading Strategies   STT  State Street (0.89)


VNQ Forecast + Options Trading Strategies   VNQ  Vanguard Real Estate Index (0.88)



Uncorrelated Assets

Assets with little price relationship to BUSE



BRZE Forecast + Options Trading Strategies   BRZE  Braze (-0.0)


GT Forecast + Options Trading Strategies   GT  Goodyear Tire & Rubber (0.0)


MDB Forecast + Options Trading Strategies   MDB  MongoDB (-0.0)


UVXY Forecast + Options Trading Strategies   UVXY  ProShares Ultra VIX Short-Term Futures (-0.0)


APLD Forecast + Options Trading Strategies   APLD  Applied Blockchain (-0.0)



Anticorrelated Assets

Assets that tend to move strongly against BUSE



SRTY Forecast + Options Trading Strategies   SRTY  ProShares UltraPro Short Russell2000 (-0.75)


TBT Forecast + Options Trading Strategies   TBT  PowerShares UltraShort Lehman 20+ Yea (-0.76)


RWM Forecast + Options Trading Strategies   RWM  ProShares Trust - ProShares Short Russell2000 (-0.77)


TMV Forecast + Options Trading Strategies   TMV  Direxion Daily 20+ Year Treasury Bear 3X Shares (-0.78)


DRV Forecast + Options Trading Strategies   DRV  Direxion Daily Real Estate Bear 3X Shares (-0.9)





Become a more profitable investor with AI optimized trading strategies






×

Chat with BUSE


 Ask any question about BUSE!