Bullish Case: Recent uptrend from two months ago suggests potential for a recovery. If market sentiments shift or new positive industry data emerges, CLB could see growth.


Bearish Case: Long-term downtrend and high P/B ratio suggest overvaluation. Imminent risks in the industry and market could lead to further price decline.


Potential Outcomes: Market adjusts to AI's lower volatility prediction leading to price stabilization (40%). Positive industry shift causes price increase (30%). Continuation of downtrend (30%).


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April 13, 2024


Core Laboratories Forecast

CLB        Core Laboratories
Price Forecast: NEUTRAL    Price Action: RANDOM (?)






Correlated Stock Forecasts

Assets that tend to move strongly with CLB



RILY Forecast + Options Trading Strategies   [RILY]  B. Riley Financial (0.91)


AEHR Forecast + Options Trading Strategies   [AEHR]  Aehr Test Systems (0.91)


EXTR Forecast + Options Trading Strategies   [EXTR]  Extreme Networks (0.88)


GPRE Forecast + Options Trading Strategies   [GPRE]  Green Plains (0.87)


APD Forecast + Options Trading Strategies   [APD]  Air Products & Chemicals (0.85)



Uncorrelated Stock Forecasts

Assets with little price relationship to CLB



RRC Forecast + Options Trading Strategies   [RRC]  Range Resources (0.0)


WULF Forecast + Options Trading Strategies   [WULF]  TeraWulf (-0.0)


ZBRA Forecast + Options Trading Strategies   [ZBRA]  Zebra (0.0)


DTE Forecast + Options Trading Strategies   [DTE]  DTE Energy (-0.0)


ERY Forecast + Options Trading Strategies   [ERY]  Direxion Daily Energy Bear 2X Shares (-0.0)



Anticorrelated Stock Forecasts

Assets that tend to move strongly against CLB



VZ Forecast + Options Trading Strategies   [VZ]  Verizon Communications (-0.86)


BYRN Forecast + Options Trading Strategies   [BYRN]  Byrna (-0.86)


TMUS Forecast + Options Trading Strategies   [TMUS]  T-Mobile US (-0.87)


MGNX Forecast + Options Trading Strategies   [MGNX]  Macrogenics (-0.88)


WING Forecast + Options Trading Strategies   [WING]  Wingstop (-0.9)





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