DOMO Forecast


Bullish Case: Potential partnerships and innovative tools place Domo well to benefit from data analytics growth. Volatility analysis suggests potential moderate price appreciation in the near term.


Bearish Case: Intense competition and negative price trends indicate potential downside risks. Historical returns and current market sentiment lean bearish.


Potential Outcomes:

1. Minor price recovery (30%).

2. Continued decline due to competition (50%).

3. Flat trading with limited growth (20%). Data-driven factors such as market trends, competition, and recent announcements drove these estimates.


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


June 14, 2024










Correlated Assets

Assets that tend to move strongly with DOMO



PRGS Forecast + Options Trading Strategies   PRGS  Progress Software (0.89)


INMD Forecast + Options Trading Strategies   INMD  Inmode (0.89)


JACK Forecast + Options Trading Strategies   JACK  Jack In The Box (0.89)


PZZA Forecast + Options Trading Strategies   PZZA  Papa John's International (0.89)


TMCI Forecast + Options Trading Strategies   TMCI  Treace Medical Concepts (0.89)



Uncorrelated Assets

Assets with little price relationship to DOMO



UWM Forecast + Options Trading Strategies   UWM  ProShares Ultra Russell2000 (-0.0)


MTTR Forecast + Options Trading Strategies   MTTR  Matterport (-0.0)


ADSK Forecast + Options Trading Strategies   ADSK  Autodesk (-0.0)


EQT Forecast + Options Trading Strategies   EQT  EQT (-0.0)


TXN Forecast + Options Trading Strategies   TXN  Texas Instruments (-0.0)



Anticorrelated Assets

Assets that tend to move strongly against DOMO



ARLP Forecast + Options Trading Strategies   ARLP  Alliance Resource (-0.75)


AM Forecast + Options Trading Strategies   AM  Antero Midstream (-0.77)


FTI Forecast + Options Trading Strategies   FTI  TechnipFMC (-0.8)


CRS Forecast + Options Trading Strategies   CRS  Carpenter Technology (-0.81)


DAKT Forecast + Options Trading Strategies   DAKT  Daktronics (-0.84)





Become a more profitable investor with AI optimized trading strategies






×

Chat with DOMO


 Ask any question about DOMO!