BMEA Forecast


Bullish Case: BMEA could experience a sharp rebound fueled by breakthroughs in BMF-219 trials, high short interest sparking short-squeeze potential, and substantial upward price revisions by multiple analysts citing undervaluation.


Bearish Case: Legal investigations may escalate, damaging BMEA’s reputation and instigating further downgrades. Additionally, high volatility and poor financial health could spur prolonged declines.


Potential Outcomes:

1. (60%) Positive BMF-219 updates drive stock towards $10.

2. (25%) Legal issues worsen, dragging stock below $4.

3. (15%) Market components neutralize, leaving the price stagnant around $5. (July 18, 2024)


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


July 18, 2024


Biomea Fusion Forecast

BMEA      Biomea Fusion











Correlated Assets

Assets that tend to move strongly with BMEA



PGNY Forecast + Options Trading Strategies   PGNY  Progyny (0.87)


HSIC Forecast + Options Trading Strategies   HSIC  Henry Schein (0.85)


ARKG Forecast + Options Trading Strategies   ARKG  ARK Investment Management LLC - ARK Genomic Revolution (0.84)


JNJ Forecast + Options Trading Strategies   JNJ  Johnson & Johnson (0.82)


PZZA Forecast + Options Trading Strategies   PZZA  Papa John's International (0.82)



Uncorrelated Assets

Assets with little price relationship to BMEA



ITB Forecast + Options Trading Strategies   ITB  BTC iShares U.S. Home Construction (-0.0)


JD Forecast + Options Trading Strategies   JD  JD.com (0.0)


VOYA Forecast + Options Trading Strategies   VOYA  Voya Financial (0.0)


OIH Forecast + Options Trading Strategies   OIH  VanEck Vectors Oil Services (-0.0)


CIBR Forecast + Options Trading Strategies   CIBR  First Trust Exchange-Traded Fund III - First Trust NASDAQ Cybersecurity (-0.0)



Anticorrelated Assets

Assets that tend to move strongly against BMEA



ACGL Forecast + Options Trading Strategies   ACGL  Arch (-0.61)


FTI Forecast + Options Trading Strategies   FTI  TechnipFMC (-0.64)


RRC Forecast + Options Trading Strategies   RRC  Range Resources (-0.65)


SHEL Forecast + Options Trading Strategies   SHEL  Shell Plc - ADR (Representing) (-0.75)


ARLP Forecast + Options Trading Strategies   ARLP  Alliance Resource (-0.8)





Become a more profitable investor with AI optimized trading strategies






×

Chat with BMEA


 Ask any question about BMEA!