Bullish Case: DIOD benefits from growing semiconductor markets and recent avalanche in GaN-on-silicon diodes, alongside advancements in PeLEDs, indicating innovation and market expansion potential.


Bearish Case: Recent flat price trend and institutional sales suggest caution. Competition and efficiency challenges in rapidly evolving LED tech could hinder growth.


Potential Outcomes: Upside from tech innovation (35%), stunted growth due to market saturation and competition (40%), impact of external macro factors (25%).


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


March 29, 2024


Diodes Forecast

DIOD        Diodes
Price Forecast: NEUTRAL    Price Action: RANDOM (?)











Correlated Stock Forecasts

Assets that tend to move strongly with DIOD



QCLN Forecast + Options Trading Strategies   QCLN  First Trust Nasdaq Clean Edge Green Energy Index (0.92)


TAN Forecast + Options Trading Strategies   TAN  Invesco Solar (0.92)


CRSR Forecast + Options Trading Strategies   CRSR  Corsair Gaming (0.92)


LIT Forecast + Options Trading Strategies   LIT  Global X Lithium & Battery Tech (0.91)


SEDG Forecast + Options Trading Strategies   SEDG  Solaredge (0.9)



Uncorrelated Stock Forecasts

Assets with little price relationship to DIOD



FTDR Forecast + Options Trading Strategies   FTDR  Frontdoor (0.0)


SNOW Forecast + Options Trading Strategies   SNOW  Snowflake (0.0)


RXRX Forecast + Options Trading Strategies   RXRX  Recursion Pharmaceuticals (0.0)


BG Forecast + Options Trading Strategies   BG  Bunge (-0.0)


ADI Forecast + Options Trading Strategies   ADI  Analog Devices (0.01)



Anticorrelated Stock Forecasts

Assets that tend to move strongly against DIOD



CB Forecast + Options Trading Strategies   CB  Chubb (-0.86)


TW Forecast + Options Trading Strategies   TW  Tradeweb Markets (-0.86)


AJG Forecast + Options Trading Strategies   AJG  Arthur J. Gallagher (-0.86)


FRO Forecast + Options Trading Strategies   FRO  Frontline (-0.87)


YCS Forecast + Options Trading Strategies   YCS  ProShares UltraShort Yen (-0.87)





Become a more profitable investor with AI optimized trading strategies






×

Chat with DIOD


 Ask any question about DIOD!