LZ Forecast + Trading Strategies




Price Forecast:


Bearish<->Bullish




Bullish Case: LZ's recent price action indicates significant implied volatility, suggesting market confidence in a recovery as the company aligns with positive earnings forecasts. Moreover, historical returns show potential for substantial upside in the upcoming months, particularly targeting analyst price targets above $10.




Bearish Case: Institutional sell-offs and high implied volatility signaling market skepticism could drive LZ's price towards recent lows. The lack of strong bullish signals and a potential downturn in overall market conditions indicate a higher probability of price decreases below $7.




Potential Outcomes:

1. Positive earnings report leading to a price surge towards $10 (40%).

2. Continued institutional sell-offs leading down to $6 (25%).

3. Market volatility stabilizes, maintaining current levels around $7.73 (35%).




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



November 17, 2024


LegalZoom.com Forecast

LZ        LegalZoom.com











Correlated Assets

Assets that tend to move strongly with LZ



LAC Forecast + Options Trading Strategies   LAC  Lithium Americas (0.9)


TRIP Forecast + Options Trading Strategies   TRIP  TripAdvisor (0.88)


SONO Forecast + Options Trading Strategies   SONO  Sonos (0.88)


TS Forecast + Options Trading Strategies   TS  Tenaris S.A. (0.86)


CLF Forecast + Options Trading Strategies   CLF  Cleveland-Cliffs (0.86)



Uncorrelated Assets

Assets with little price relationship to LZ



XLE Forecast + Options Trading Strategies   XLE  Energy Select Sector SPDR (-0.0)


NCLH Forecast + Options Trading Strategies   NCLH  Norwegian Cruise Line (-0.0)


BITF Forecast + Options Trading Strategies   BITF  Bitfarms (-0.0)


AMKR Forecast + Options Trading Strategies   AMKR  AMKOR Technology (-0.01)


SPIR Forecast + Options Trading Strategies   SPIR  Spire (0.01)



Anticorrelated Assets

Assets that tend to move strongly against LZ



BCRX Forecast + Options Trading Strategies   BCRX  Biocryst Pharmaceuticals (-0.85)


AMGN Forecast + Options Trading Strategies   AMGN  AMGEN (-0.87)


INOD Forecast + Options Trading Strategies   INOD  Innodata (-0.88)


NYT Forecast + Options Trading Strategies   NYT  New York Times Co. (-0.88)


AOSL Forecast + Options Trading Strategies   AOSL  Alpha & Omega Semiconductor (-0.88)









Become a more profitable investor with AI optimized trading strategies






×

Chat with LZ


 Ask any question about LZ!