Bullish Case: DECK's inclusion in the S&P 500 [investorplace.com], recent strong earnings [Yahoo], and analyst upgrades [defenseworld.net] support continued upside. Historical performance [Helium] [Helium] [Helium] [Helium] and product brand resilience [beststocks.com] indicate growth.


Bearish Case: Low implied volatility [Helium] [Helium] [Helium] and market complacency could foreshadow a correction. Institutional sell-off [defenseworld.net] and low trading volume [Helium] raise concerns of waning momentum.


Potential Outcomes:

1. Continued upside (50%) on S&P 500 inclusion [investorplace.com] and positive guidance [Yahoo].

2. Corrective pullback (35%) from institutional selling [defenseworld.net] and volume concerns [Helium].

3. Sideways trading (15%) if market factors balance.


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March 26, 2024


Deckers Outdoor Forecast

DECK        Deckers Outdoor
Price Forecast: BULLISH    Price Action: RANDOM (?)






Correlated Stock Forecasts

Assets that tend to move strongly with DECK



GFF Forecast + Options Trading Strategies   [GFF]  Griffon (0.97)


AMZN Forecast + Options Trading Strategies   [AMZN]  Amazon (0.96)


CRH Forecast + Options Trading Strategies   [CRH]  CRH Plc (0.95)


HWM Forecast + Options Trading Strategies   [HWM]  Howmet Aerospace (0.95)


HIG Forecast + Options Trading Strategies   [HIG]  Hartford Financial Services (0.95)



Uncorrelated Stock Forecasts

Assets with little price relationship to DECK



SIGA Forecast + Options Trading Strategies   [SIGA]  SIGA (0.0)


BA Forecast + Options Trading Strategies   [BA]  Boeing (-0.0)


F Forecast + Options Trading Strategies   [F]  Ford Motor (-0.0)


ACI Forecast + Options Trading Strategies   [ACI]  Albertsons Companies (-0.0)


BND Forecast + Options Trading Strategies   [BND]  Vanguard Total Bond Market (0.0)



Anticorrelated Stock Forecasts

Assets that tend to move strongly against DECK



DXD Forecast + Options Trading Strategies   [DXD]  ProShares UltraShort Dow30 (-0.91)


VIXM Forecast + Options Trading Strategies   [VIXM]  ProShares VIX Mid-Term Futures (-0.92)


SPXS Forecast + Options Trading Strategies   [SPXS]  Direxion Daily S&P 500 Bear 3X Shares (-0.93)


VXX Forecast + Options Trading Strategies   [VXX]  iPath Series B S&P 500 VIX Short-Term Futures (-0.93)


TECS Forecast + Options Trading Strategies   [TECS]  Direxion Daily Technology Bear 3X Shares (-0.94)





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