IPI Forecast


Bullish Case: Intrepid Potash has seen a short-term price uptick, coupled with increased bullish risk. Positive earnings growth expectations and higher recent option trading volumes support potential further gains.


Bearish Case: Long-term historical performance has been significantly negative, with Helium's AI model predicting slight declines ahead. Market volatility remains elevated, indicating potential downside risk.


Potential Outcomes:

1. Bullish breakout (Probability 45%): Driven by favorable earnings and market sentiment.

2. Neutral stability (Probability 35%): Market unsure, IPI stabilizes around current price.

3. Bearish decline (Probability 20%): Based on historical underperformance and short-term bearish signals.


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


July 16, 2024


Intrepid Potash Forecast

IPI      Intrepid Potash











Correlated Assets

Assets that tend to move strongly with IPI



EBS Forecast + Options Trading Strategies   EBS  Emergent Biosolutions (0.81)


MPW Forecast + Options Trading Strategies   MPW  Medical Properties (0.78)


NTR Forecast + Options Trading Strategies   NTR  Nutrien (0.78)


NVCR Forecast + Options Trading Strategies   NVCR  NovoCure (0.78)


AOSL Forecast + Options Trading Strategies   AOSL  Alpha & Omega Semiconductor (0.77)



Uncorrelated Assets

Assets with little price relationship to IPI



VLO Forecast + Options Trading Strategies   VLO  Valero Energy (0.0)


ARLP Forecast + Options Trading Strategies   ARLP  Alliance Resource (-0.0)


EPR Forecast + Options Trading Strategies   EPR  EPR Properties (0.0)


VYM Forecast + Options Trading Strategies   VYM  Vanguard High Dividend Yield Indx (0.0)


BSY Forecast + Options Trading Strategies   BSY  Bentley Systems (0.0)



Anticorrelated Assets

Assets that tend to move strongly against IPI



IONS Forecast + Options Trading Strategies   IONS  Ionis Pharmaceuticals (-0.63)


YANG Forecast + Options Trading Strategies   YANG  Direxion Daily FTSE China Bear 3X Shares (-0.64)


UVIX Forecast + Options Trading Strategies   UVIX  VS Trust - 2x Long VIX Futures (-0.66)


MGNX Forecast + Options Trading Strategies   MGNX  Macrogenics (-0.68)


CAH Forecast + Options Trading Strategies   CAH  Cardinal Health (-0.69)





Become a more profitable investor with AI optimized trading strategies






×

Chat with IPI


 Ask any question about IPI!