AI LZ Forecast + Trading Strategies

Bullish Case: LegalZoom (LZ) may see a bullish reversal due to improving implied volatility forecasts suggesting market confidence. The anticipated price recovery aligns with expected positive earnings news, potentially pushing LZ towards the targeted analyst price of $13.12.


Bearish Case: Conversely, persistent institutional selling pressures and elevated market uncertainty amid low historical returns could drive LZ's price down towards $5. The combination of high put volumes and flat recent price action suggests a bearish outlook.


Potential Outcomes:

1. Positive earnings report boosts price to $13.12 (40%).

2. Continued institutional sell-off leading to a price drop to $5 (25%).

3. Stabilization in volatility maintaining current levels (35%).


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


September 18, 2024


LegalZoom.com Forecast

LZ      LegalZoom.com











Correlated Assets

Assets that tend to move strongly with LZ



BLMN Forecast + Options Trading Strategies   BLMN  Bloomin Brands (0.88)


LEA Forecast + Options Trading Strategies   LEA  Lear (0.85)


CLF Forecast + Options Trading Strategies   CLF  Cleveland-Cliffs (0.81)


EL Forecast + Options Trading Strategies   EL  Estee Lauder Cos. (0.81)


CVI Forecast + Options Trading Strategies   CVI  CVR Energy (0.8)



Uncorrelated Assets

Assets with little price relationship to LZ



HAE Forecast + Options Trading Strategies   HAE  Haemonetics (-0.0)


TTE Forecast + Options Trading Strategies   TTE  TotalEnergies SE (0.0)


LXRX Forecast + Options Trading Strategies   LXRX  Lexicon Pharmaceuticals (0.0)


SM Forecast + Options Trading Strategies   SM  SM Energy (-0.0)


NOG Forecast + Options Trading Strategies   NOG  Northern Oil and Gas (0.0)



Anticorrelated Assets

Assets that tend to move strongly against LZ



FOXA Forecast + Options Trading Strategies   FOXA  Fox Corporation - (-0.77)


CIM Forecast + Options Trading Strategies   CIM  Chimera Investment (-0.78)


BCRX Forecast + Options Trading Strategies   BCRX  Biocryst Pharmaceuticals (-0.8)


VRSK Forecast + Options Trading Strategies   VRSK  Verisk Analytics (-0.81)


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









Become a more profitable investor with AI optimized trading strategies






×

Chat with LZ


 Ask any question about LZ!