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AI ASTE Forecast


Price Forecast:


Bearish   <->   Bullish

Bullish Case: ASTEC is positioned for growth with elevated implied volatility suggesting potential price shifts. High historical return likelihood over two years supports a recovery as market conditions improve.

Bearish Case: Persistent negative price trends alongside extreme implied volatility highlight ongoing market skepticism. Weak earnings estimates from analysts suggest further declines could continue, especially below strike prices of $30.

Potential Outcomes: 40% chance of minor appreciation (+10%), 40% chance of continued sideways trading, 20% chance of significant downside (-20%). Analyst sentiment and high implied volatility are critical in these forecasts.

Trading Oracle: Utilize a debit spread by buying the ASTE 35.00 Call and selling the 30.00 Call, targeting an outlook of recovery in 3-6 months. This setup capitalizes on elevated volatility and price corrections with manageable risk.

August 15, 2024


Astec Industries Forecast

ASTE      Astec Industries

4 Day Price Forecast + Historical Performance.  Video Tutorial: Trade Smarter With Helium's AI Forecasts

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36 Day Price Forecast + Historical Performance.  Video Tutorial: Trade Smarter With Helium's AI Forecasts

49 Day Price Forecast + Historical Performance.  Video Tutorial: Trade Smarter With Helium's AI Forecasts











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