AI ATRO Forecast

Price Forecast:


Bearish<->Bullish


Bullish Case: The demand for Astronics' EmPower systems continues to grow, supported by new technologies and an increasing number of installations expected by year-end, potentially driving ATRO's price upward beyond current levels.


Bearish Case: Price corrections could occur if earnings disappoint or external market conditions worsen, especially given high implied volatility suggesting nervous sentiment among investors.


Potential Outcomes:

1. Continued demand growth for EmPower systems (40%).

2. Earnings disappointments lead to price drops (30%).

3. Stability through tech innovation (30%).


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


September 28, 2024


Astronics Forecast

ATRO      Astronics











Correlated Assets

Assets that tend to move strongly with ATRO



CHEF Forecast + Options Trading Strategies   CHEF  Chefs' Warehouse (0.93)


KD Forecast + Options Trading Strategies   KD  Kyndryl (0.92)


GLW Forecast + Options Trading Strategies   GLW  Corning (0.91)


MFC Forecast + Options Trading Strategies   MFC  Manulife Financial (0.91)


TJX Forecast + Options Trading Strategies   TJX  TJX Companies (0.91)



Uncorrelated Assets

Assets with little price relationship to ATRO



STNE Forecast + Options Trading Strategies   STNE  StoneCo (0.0)


ZBH Forecast + Options Trading Strategies   ZBH  Zimmer Biomet (-0.0)


OLPX Forecast + Options Trading Strategies   OLPX  Olaplex (0.01)


BAX Forecast + Options Trading Strategies   BAX  Baxter International (-0.01)


OVV Forecast + Options Trading Strategies   OVV  Ovintiv (-0.01)



Anticorrelated Assets

Assets that tend to move strongly against ATRO



LABD Forecast + Options Trading Strategies   LABD  Direxion Daily S&P Biotech Bear 3X Shares (-0.88)


SPXS Forecast + Options Trading Strategies   SPXS  Direxion Daily S&P 500 Bear 3X Shares (-0.89)


SDOW Forecast + Options Trading Strategies   SDOW  ProShares UltraPro Short Dow30 (-0.89)


SDS Forecast + Options Trading Strategies   SDS  ProShares UltraShort S&P500 (-0.9)


SH Forecast + Options Trading Strategies   SH  ProShares Short S&P500 (-0.9)









Become a more profitable investor with AI optimized trading strategies






×

Chat with ATRO


 Ask any question about ATRO!