Bullish Case: Recent trend of ITA suggests gradual value increase, and an AI price forecast signals stability with moderate bullish bias over neutral market volatility indicators.


Bearish Case: Flat term structure and low trading volume portend potential lack of confidence, which might precede a downward trend if triggered by adverse market events.


Potential Outcomes: Earning beats may push ITA up (35%). Flat performance in aerospace sector may lead to status quo (45%). Geopolitical tensions or economic downturn could drive prices down (20%).


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


February 15, 2024


BTC iShares U.S. Aerospac Forecast

[ITA]  BTC iShares U.S. Aerospac
Price Forecast: NEUTRAL    Price Action: RANDOM (?)





Correlated Stock Forecasts

Assets that tend to move strongly with ITA



XRT Forecast + Options Trading Strategies   [XRT]  SPDR Retail (0.92)


XAR Forecast + Options Trading Strategies   [XAR]  SPDR S&P Aerospace & Defense (0.92)


RL Forecast + Options Trading Strategies   [RL]  Ralph Lauren (0.88)


H Forecast + Options Trading Strategies   [H]  Hyatt Hotels (0.87)


SPG Forecast + Options Trading Strategies   [SPG]  Simon Property Group (0.87)



Uncorrelated Stock Forecasts

Assets with little price relationship to ITA



MTCH Forecast + Options Trading Strategies   [MTCH]  Match (0.0)


VAL Forecast + Options Trading Strategies   [VAL]  Valaris (0.0)


HCAT Forecast + Options Trading Strategies   [HCAT]  Health Catalyst (-0.0)


GLPI Forecast + Options Trading Strategies   [GLPI]  Gaming and Leisure Properties (-0.0)


BEP Forecast + Options Trading Strategies   [BEP]  Brookfield Renewable (0.0)



Anticorrelated Stock Forecasts

Assets that tend to move strongly against ITA



DOG Forecast + Options Trading Strategies   [DOG]  ProShares Short Dow30 (-0.81)


SRTY Forecast + Options Trading Strategies   [SRTY]  ProShares UltraPro Short Russell2000 (-0.82)


TZA Forecast + Options Trading Strategies   [TZA]  Direxion Daily Small Cap Bear 3X Shares (-0.82)


TWM Forecast + Options Trading Strategies   [TWM]  ProShares UltraShort Russell2000 (-0.83)


DRV Forecast + Options Trading Strategies   [DRV]  Direxion Daily Real Estate Bear 3X Shares (-0.91)





Become a more profitable investor with AI optimized trading strategies






×

Chat with Helium


 Ask me any question!