Bullish Case: Mean-reversion trend and Helium AI's higher implied volatility forecast suggest potential upside from current levels, with a favorable P/B ratio indicating underlying value.


Bearish Case: Recent hefty price decline, coupled with a flat term structure and below-average trading volume, suggests continued negative sentiment and potential further downside.


Potential Outcomes: Mean reversion: 30%, slight uptick as historical trend may prevail; Continued downtrend: 40%, based on recent declines and market sentiment; Flat movement: 30% due to option term structure flatness.


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February 14, 2024


Equinor ASA - Forecast

[EQNR]  Equinor ASA -
Price Forecast: NEUTRAL    Price Action: MEAN REVERTING (?)



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EQNR Balanced News:
















Correlated Stock Forecasts

Assets that tend to move strongly with EQNR



MTDR Forecast + Options Trading Strategies   [MTDR]  Matador Resources (0.85)


YY Forecast + Options Trading Strategies   [YY]  JOYY (0.85)


HAL Forecast + Options Trading Strategies   [HAL]  Halliburton (0.84)


COP Forecast + Options Trading Strategies   [COP]  Conoco Phillips (0.84)


ERF Forecast + Options Trading Strategies   [ERF]  Enerplus (0.82)



Uncorrelated Stock Forecasts

Assets with little price relationship to EQNR



TLRY Forecast + Options Trading Strategies   [TLRY]  Tilray Brands (0.0)


IAT Forecast + Options Trading Strategies   [IAT]  BlackRock Institutional Trust Company N.A. - iShares U.S. Regional Banks (-0.0)


IBN Forecast + Options Trading Strategies   [IBN]  ICICI (0.0)


NEOG Forecast + Options Trading Strategies   [NEOG]  Neogen (0.0)


HAS Forecast + Options Trading Strategies   [HAS]  Hasbro (-0.0)



Anticorrelated Stock Forecasts

Assets that tend to move strongly against EQNR



CPB Forecast + Options Trading Strategies   [CPB]  Campbell Soup (-0.71)


VGLT Forecast + Options Trading Strategies   [VGLT]  Vanguard Group, Inc. - Vanguard Long-Term Treasury (-0.71)


RMD Forecast + Options Trading Strategies   [RMD]  Resmed (-0.72)


GOVT Forecast + Options Trading Strategies   [GOVT]  BlackRock Institutional Trust Company N.A. - iShares U.S. Treasury Bond (-0.75)


LXRX Forecast + Options Trading Strategies   [LXRX]  Lexicon Pharmaceuticals (-0.79)


EQNR News over Time





Click points to explore news by date. News sentiment ranges from -10 (very negative) to +10 (very positive) where 0 is neutral.

Most Recent EQNR News






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