MEDS Forecast


Bullish Case: MEDS saw a 50.8% rise in the past month, indicating potential momentum. Increased media attention around healthcare topics ([annistonstar.com], [annistonstar.com]) can drive investor interest. Price at $8.52 from $5.65 supports a bullish outlook.


Bearish Case: MEDS has a -60.8% drop over two years and price reversion patterns ([Helium]) suggest potential pullback. HeliumTrades AI’s forecast is +4.52% ([Helium]), but low historical correlation means unreliable prediction. High volatility expected.


Potential Outcomes:

1. Continued positive media on meds (+30%).

2. Legal/health regulatory issues spike (-25%).

3. Momentum from recent gains sustains (+20%).

4. Price mean reverts significantly (-25%).


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June 23, 2024


Trxade Health Forecast

MEDS      Trxade Health











Correlated Assets

Assets that tend to move strongly with MEDS



NNOX Forecast + Options Trading Strategies   NNOX  Nano X Imaging (0.71)


LSCC Forecast + Options Trading Strategies   LSCC  Lattice Semiconductor (0.71)


CFLT Forecast + Options Trading Strategies   CFLT  Confluent (0.7)


OPRA Forecast + Options Trading Strategies   OPRA  Opera (0.68)


GUSH Forecast + Options Trading Strategies   GUSH  Direxion Daily S&P Oil & Gas Exp. & Prod. (0.67)



Uncorrelated Assets

Assets with little price relationship to MEDS



JPM Forecast + Options Trading Strategies   JPM  JPMorgan Chase (-0.0)


HEES Forecast + Options Trading Strategies   HEES  H&E Equipment Services (0.0)


U Forecast + Options Trading Strategies   U  Unity Software (0.0)


C Forecast + Options Trading Strategies   C  Citigroup (-0.0)


RUN Forecast + Options Trading Strategies   RUN  Sunrun (-0.0)



Anticorrelated Assets

Assets that tend to move strongly against MEDS



AMGN Forecast + Options Trading Strategies   AMGN  AMGEN (-0.55)


TDS Forecast + Options Trading Strategies   TDS  Telephone And Data Systems (-0.56)


LEU Forecast + Options Trading Strategies   LEU  Centrus Energy (-0.62)


RIO Forecast + Options Trading Strategies   RIO  Rio Tinto (-0.66)


UNH Forecast + Options Trading Strategies   UNH  Unitedhealth (-0.67)





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