Bullish Case: HIVE shows resilience with strategic Bitcoin holdings, incoming ASIC units improving mining efficiency & a bullish HeliumTrades AI forecast.


Bearish Case: HIVE's significant decline over two years highlights vulnerabilities in a changing market with high implied volatility.


Potential Outcomes:

1) Mining efficiency gains drive stock up, 40% chance.

2) Market skepticism leads to further decline, 35% chance.

3) Short-term stability, 25% chance.


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


April 11, 2024


HIVE Blockchain Forecast

HIVE        HIVE Blockchain
Price Forecast: BULLISH    Price Action: MEAN REVERTING (?)











Correlated Stock Forecasts

Assets that tend to move strongly with HIVE



IREN Forecast + Options Trading Strategies   IREN  IREN (0.77)


ARKQ Forecast + Options Trading Strategies   ARKQ  ARK Autonomous Technology & Robotics E (0.74)


QS Forecast + Options Trading Strategies   QS  QuantumScape (0.73)


U Forecast + Options Trading Strategies   U  Unity Software (0.71)


RKLB Forecast + Options Trading Strategies   RKLB  Rocket Lab USA (0.71)



Uncorrelated Stock Forecasts

Assets with little price relationship to HIVE



PG Forecast + Options Trading Strategies   PG  Procter & Gamble (-0.0)


MDGL Forecast + Options Trading Strategies   MDGL  Madrigal Pharmaceuticals (-0.0)


OIH Forecast + Options Trading Strategies   OIH  VanEck Vectors Oil Services (0.0)


LOGI Forecast + Options Trading Strategies   LOGI  Logitech International (-0.0)


TMV Forecast + Options Trading Strategies   TMV  Direxion Daily 20+ Year Treasury Bear 3X Shares (0.0)



Anticorrelated Stock Forecasts

Assets that tend to move strongly against HIVE



DRV Forecast + Options Trading Strategies   DRV  Direxion Daily Real Estate Bear 3X Shares (-0.42)


SRS Forecast + Options Trading Strategies   SRS  ProShares UltraShort Real Estate (-0.45)


REK Forecast + Options Trading Strategies   REK  ProShares Short Real Estate (-0.46)


CGC Forecast + Options Trading Strategies   CGC  Canopy Growth (-0.48)


EUO Forecast + Options Trading Strategies   EUO  ProShares UltraShort Euro (-0.51)





Become a more profitable investor with AI optimized trading strategies






×

Chat with HIVE


 Ask any question about HIVE!