Bullish Case: Improvement in cost reduction strategies, subscription revenue growth, and sector positioning could attract investment, offsetting macro pressures and driving a rebound.


Bearish Case: Persistent revenue decline, ongoing leadership turnover, high volatility, and adjustments causing investor skepticism may continue the downward price trajectory.


Potential Outcomes: 30% chance of rebound on improved margins and EV adoption, 60% chance of continued decline due to weak financials, 10% chance of price stabilizing as investor sentiment shifts.


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


April 11, 2024


ChargePoint Forecast

CHPT        ChargePoint
Price Forecast: BEARISH    Price Action: RANDOM (?)






Correlated Stock Forecasts

Assets that tend to move strongly with CHPT



SPWR Forecast + Options Trading Strategies   [SPWR]  Sunpower (0.96)


LAZR Forecast + Options Trading Strategies   [LAZR]  Luminar (0.95)


CCSI Forecast + Options Trading Strategies   [CCSI]  Consensus Cloud (0.94)


SEDG Forecast + Options Trading Strategies   [SEDG]  Solaredge (0.94)


AMC Forecast + Options Trading Strategies   [AMC]  AMC Entertainment (0.93)



Uncorrelated Stock Forecasts

Assets with little price relationship to CHPT



LMND Forecast + Options Trading Strategies   [LMND]  Lemonade (0.0)


COTY Forecast + Options Trading Strategies   [COTY]  Coty (-0.0)


JWN Forecast + Options Trading Strategies   [JWN]  Nordstrom (-0.01)


WULF Forecast + Options Trading Strategies   [WULF]  TeraWulf (-0.01)


SANM Forecast + Options Trading Strategies   [SANM]  Sanmina (0.01)



Anticorrelated Stock Forecasts

Assets that tend to move strongly against CHPT



SFM Forecast + Options Trading Strategies   [SFM]  Sprouts Farmers Market (-0.93)


NTNX Forecast + Options Trading Strategies   [NTNX]  Nutanix (-0.93)


CB Forecast + Options Trading Strategies   [CB]  Chubb (-0.94)


ANF Forecast + Options Trading Strategies   [ANF]  Abercrombie & Fitch (-0.94)


WRB Forecast + Options Trading Strategies   [WRB]  W.R. Berkley (-0.94)





Become a more profitable investor with AI optimized trading strategies






×

Chat with Helium


 Ask me any question!