Bullish Case: The bullish outlook emphasizes potential sales from newly patented BXCL501 and IGALMI, aggressive IP portfolio expansion, and recent financial infusion of $25 million.


Bearish Case: Pessimism stems from sustained price decline, lack of commercial success for IGALMI, limited trading volume, and the recent need for capital raising.


Potential Outcomes: 70% chance BTAI price will stabilize or grow modestly on new patents; 30% chance of further decline as recent capital raising may indicate cash burn concerns.


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


April 13, 2024


BioXcel Therapeutics Forecast

BTAI        BioXcel Therapeutics
Price Forecast: BEARISH    Price Action: RANDOM (?)






Correlated Stock Forecasts

Assets that tend to move strongly with BTAI



EWH Forecast + Options Trading Strategies   [EWH]  BlackRock Institutional Trust Company N.A. - iShares MSCI Hong Kong (0.85)


SBUX Forecast + Options Trading Strategies   [SBUX]  Starbucks (0.84)


UNFI Forecast + Options Trading Strategies   [UNFI]  United Natural Foods (0.83)


AMC Forecast + Options Trading Strategies   [AMC]  AMC Entertainment (0.82)


BCE Forecast + Options Trading Strategies   [BCE]  BCE (0.81)



Uncorrelated Stock Forecasts

Assets with little price relationship to BTAI



SMAR Forecast + Options Trading Strategies   [SMAR]  Smartsheet (-0.0)


PTEN Forecast + Options Trading Strategies   [PTEN]  Patterson-UTI Energy (-0.0)


ZM Forecast + Options Trading Strategies   [ZM]  Zoom Video Communications (0.01)


TSCO Forecast + Options Trading Strategies   [TSCO]  Tractor Supply (-0.01)


SNOW Forecast + Options Trading Strategies   [SNOW]  Snowflake (-0.01)



Anticorrelated Stock Forecasts

Assets that tend to move strongly against BTAI



CLS Forecast + Options Trading Strategies   [CLS]  Celestica (-0.82)


APO Forecast + Options Trading Strategies   [APO]  Apollo (-0.82)


WSM Forecast + Options Trading Strategies   [WSM]  Williams-Sonoma (-0.83)


SFM Forecast + Options Trading Strategies   [SFM]  Sprouts Farmers Market (-0.84)


ACMR Forecast + Options Trading Strategies   [ACMR]  ACM Research (-0.86)





Become a more profitable investor with AI optimized trading strategies






×

Chat with Helium


 Ask me any question!