JYNT Forecast




Price Forecast:


Bearish<->Bullish




Bullish Case: Positive sentiment surrounding healthcare advancements favors JYNT's growth potential. Increased demand for chiropractic services bolstered by technological partnerships could drive price appreciation.




Bearish Case: Regulatory pressures and competitive landscape limitations present significant risks. Recent flat price action indicates market skepticism and potential challenges ahead for JYNT.




Potential Outcomes:
  • Growth in partnerships (50%): Increased collaborations could drive revenue.
  • Regulatory challenges (30%): Impediments may slow operational growth.
  • Market improvements (20%): Sector growth could positively impact stock performance.




Trading Oracle: Given high implied volatility skew, implement a bullish debit spread on JYNT, targeting 12.50C/15.00C expiring in January. This strategy offers high reward:risk potential, allowing capture of upside movement while hedging against significant losses. Focus on capturing volatility as sentiment shifts positively.



November 27, 2024


Joint Forecast

JYNT        Joint











Correlated Assets

Assets that tend to move strongly with JYNT



MU Forecast + Options Trading Strategies   MU  Micron Technology (0.84)


FANG Forecast + Options Trading Strategies   FANG  Diamondback Energy (0.77)


VLO Forecast + Options Trading Strategies   VLO  Valero Energy (0.74)


SHEL Forecast + Options Trading Strategies   SHEL  Shell Plc - ADR (Representing) (0.74)


STNG Forecast + Options Trading Strategies   STNG  Scorpio Tankers (0.72)



Uncorrelated Assets

Assets with little price relationship to JYNT



CWK Forecast + Options Trading Strategies   CWK  Cushman & Wakefield (0.0)


SRE Forecast + Options Trading Strategies   SRE  Sempra Energy (0.0)


NXST Forecast + Options Trading Strategies   NXST  Nexstar Media (-0.0)


COMP Forecast + Options Trading Strategies   COMP  Compass (-0.0)


MAN Forecast + Options Trading Strategies   MAN  ManpowerGroup (-0.01)



Anticorrelated Assets

Assets that tend to move strongly against JYNT



S Forecast + Options Trading Strategies   S  Sprint (-0.71)


MCD Forecast + Options Trading Strategies   MCD  McDonald's (-0.71)


DBX Forecast + Options Trading Strategies   DBX  Dropbox (-0.72)


GL Forecast + Options Trading Strategies   GL  Globe Life (-0.75)


ZTS Forecast + Options Trading Strategies   ZTS  Zoetis (-0.76)









Become a more profitable investor with AI optimized trading strategies






×

Chat with JYNT


 Ask any question about JYNT!