Bullish Case: AXSM's historically robust returns and Helium's AI bullish price forecast suggest potential upside, despite recent declines.


Bearish Case: Recent negative price action and low trading volume imply possible overvaluation and short-term bearish sentiment.


Potential Outcomes:

1) Clinical trial success (40%);

2) Continued flat price action (35%);

3) Overvaluation correction (25%).


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


April 09, 2024


Axsome Therapeutics Forecast

AXSM        Axsome Therapeutics
Price Forecast: BULLISH    Price Action: TRENDING (?)






Correlated Stock Forecasts

Assets that tend to move strongly with AXSM



CMPS Forecast + Options Trading Strategies   [CMPS]  Compass Pathways (0.68)


ZG Forecast + Options Trading Strategies   [ZG]  Zillow (0.68)


ITCI Forecast + Options Trading Strategies   [ITCI]  Intra-Cellular Therapies (0.67)


XBI Forecast + Options Trading Strategies   [XBI]  SPDR Biotech (0.67)


MRNS Forecast + Options Trading Strategies   [MRNS]  Marinus Pharmaceuticals (0.66)



Uncorrelated Stock Forecasts

Assets with little price relationship to AXSM



GFI Forecast + Options Trading Strategies   [GFI]  Gold Fields (0.0)


BIDU Forecast + Options Trading Strategies   [BIDU]  Baidu (0.0)


WOLF Forecast + Options Trading Strategies   [WOLF]  Wolfspeed (-0.0)


LPG Forecast + Options Trading Strategies   [LPG]  Dorian LPG (0.01)


ZSL Forecast + Options Trading Strategies   [ZSL]  ProShares UltraShort Silver (0.01)



Anticorrelated Stock Forecasts

Assets that tend to move strongly against AXSM



SRS Forecast + Options Trading Strategies   [SRS]  ProShares UltraShort Real Estate (-0.52)


SRTY Forecast + Options Trading Strategies   [SRTY]  ProShares UltraPro Short Russell2000 (-0.52)


TZA Forecast + Options Trading Strategies   [TZA]  Direxion Daily Small Cap Bear 3X Shares (-0.52)


RWM Forecast + Options Trading Strategies   [RWM]  ProShares Trust - ProShares Short Russell2000 (-0.54)


UUP Forecast + Options Trading Strategies   [UUP]  Invesco DB US Dollar Index Bullish (-0.59)





Become a more profitable investor with AI optimized trading strategies






×

Chat with Helium


 Ask me any question!