FCNCA Forecast + Trading Strategies


Bullish Case: FCNCA shows robust growth, with a stock price increase of 183% over two years, indicating strong fundamentals. The bullish risk outweighs bearish risk by 47%, suggesting investor confidence and potential upward price movements.


Bearish Case: Despite growth, FCNCA's HeliumTrades AI forecast is only modestly positive (+0.45%), with a historical correlation of -0.1, implying potential overvaluation or impending price corrections.


Potential Outcomes:

1. FCNCA could climb further, driven by continuing investor confidence, 70% chance.

2. Near-term corrections due to modest AI forecasts and high options volatility, 30% chance.


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April 27, 2024


First Citizens Bancshares, Inc (NC) Forecast

FCNCA        First Citizens Bancshares, Inc (NC)
Price Forecast: NEUTRAL    Price Action: MEAN REVERTING (?)











Correlated Stock Forecasts

Assets that tend to move strongly with FCNCA



COOP Forecast + Options Trading Strategies   COOP  Mr. Cooper (0.95)


LDOS Forecast + Options Trading Strategies   LDOS  Leidos (0.93)


CRH Forecast + Options Trading Strategies   CRH  CRH Plc (0.92)


PH Forecast + Options Trading Strategies   PH  Parker-Hannifin (0.92)


APH Forecast + Options Trading Strategies   APH  Amphenol (0.92)



Uncorrelated Stock Forecasts

Assets with little price relationship to FCNCA



MGNI Forecast + Options Trading Strategies   MGNI  Magnite (-0.0)


JNUG Forecast + Options Trading Strategies   JNUG  Direxion Daily Junior Gold Miners Index Bu (-0.0)


CUBE Forecast + Options Trading Strategies   CUBE  CubeSmart (0.0)


SON Forecast + Options Trading Strategies   SON  Sonoco Products (-0.01)


OPCH Forecast + Options Trading Strategies   OPCH  Option Care Health Inc. - Registered Shares (0.01)



Anticorrelated Stock Forecasts

Assets that tend to move strongly against FCNCA



SDOW Forecast + Options Trading Strategies   SDOW  ProShares UltraPro Short Dow30 (-0.86)


MAXN Forecast + Options Trading Strategies   MAXN  Maxeon Solar (-0.86)


DXD Forecast + Options Trading Strategies   DXD  ProShares UltraShort Dow30 (-0.86)


UVXY Forecast + Options Trading Strategies   UVXY  ProShares Ultra VIX Short-Term Futures (-0.86)


VIXY Forecast + Options Trading Strategies   VIXY  ProShares VIX Short-Term Futures (-0.88)


FCNCA 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.






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