Bullish Case: DOV's positive price trajectory, historical resilience, and increased investor interest suggest continued growth potential.


Bearish Case: Elevated implied volatility and upcoming holiday-related disruptions signal potential short-term downside risk for DOV.


Potential Outcomes: 65% chance bullish momentum continues post-disruptions. 30% probability short-term dip due to travel chaos. 5% wildcard: unexpected event spikes volatility.


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April 03, 2024


Dover Forecast

DOV        Dover
Price Forecast: NEUTRAL    Price Action: TRENDING (?)






Correlated Stock Forecasts

Assets that tend to move strongly with DOV



SSNC Forecast + Options Trading Strategies   [SSNC]  SS&C (0.92)


RSP Forecast + Options Trading Strategies   [RSP]  Invesco S&P 500 Equal Weight (0.92)


SPYD Forecast + Options Trading Strategies   [SPYD]  SPDR Series Trust - SPDR Portfolio S&P 500 High Dividend (0.92)


EWC Forecast + Options Trading Strategies   [EWC]  BlackRock Institutional Trust Company N.A. - iShares MSCI Canada (0.91)


LAZ Forecast + Options Trading Strategies   [LAZ]  Lazard (0.91)



Uncorrelated Stock Forecasts

Assets with little price relationship to DOV



KMB Forecast + Options Trading Strategies   [KMB]  Kimberly-Clark (0.0)


IDN Forecast + Options Trading Strategies   [IDN]  Intellicheck (-0.0)


NOG Forecast + Options Trading Strategies   [NOG]  Northern Oil and Gas (0.0)


MXL Forecast + Options Trading Strategies   [MXL]  MaxLinear (-0.0)


EH Forecast + Options Trading Strategies   [EH]  EHang Holdings Ltd - (-0.0)



Anticorrelated Stock Forecasts

Assets that tend to move strongly against DOV



DOG Forecast + Options Trading Strategies   [DOG]  ProShares Short Dow30 (-0.84)


DRV Forecast + Options Trading Strategies   [DRV]  Direxion Daily Real Estate Bear 3X Shares (-0.87)


SRS Forecast + Options Trading Strategies   [SRS]  ProShares UltraShort Real Estate (-0.88)


SRTY Forecast + Options Trading Strategies   [SRTY]  ProShares UltraPro Short Russell2000 (-0.88)


TZA Forecast + Options Trading Strategies   [TZA]  Direxion Daily Small Cap Bear 3X Shares (-0.89)





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