Bullish Case: MGNX recent positive price movement, the slight bullish AI price forecast, and past resilience suggest the potential for continued upside if TAMARACK study results surprise positively.


Bearish Case: Historically poor performance, AbbVie partnership termination, and current flat price action indicate potential downside risks, amplified by negative market sentiment.


Potential Outcomes:

1. Positive TAMARACK data by May-end triggers rally (40%).

2. Negative results or delay could tank stock (25%).

3. Market maintains current bearish stance, stock drifts lower (35%).


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April 05, 2024


Macrogenics Forecast

MGNX        Macrogenics
Price Forecast: BULLISH    Price Action: RANDOM (?)











Correlated Stock Forecasts

Assets that tend to move strongly with MGNX



TME Forecast + Options Trading Strategies   TME  Tencent Music Entertainment Group - (0.91)


VZ Forecast + Options Trading Strategies   VZ  Verizon Communications (0.9)


WING Forecast + Options Trading Strategies   WING  Wingstop (0.9)


SB Forecast + Options Trading Strategies   SB  Safe Bulkers (0.89)


WM Forecast + Options Trading Strategies   WM  Waste Management (0.89)



Uncorrelated Stock Forecasts

Assets with little price relationship to MGNX



LITE Forecast + Options Trading Strategies   LITE  Lumentum (-0.0)


USO Forecast + Options Trading Strategies   USO  United States Commodity Funds (0.0)


IYE Forecast + Options Trading Strategies   IYE  BlackRock Institutional Trust Company N.A. - iShares U.S. Energy (-0.0)


CF Forecast + Options Trading Strategies   CF  CF Industries (0.0)


MSM Forecast + Options Trading Strategies   MSM  MSC Industrial Direct Co. (-0.0)



Anticorrelated Stock Forecasts

Assets that tend to move strongly against MGNX



RILY Forecast + Options Trading Strategies   RILY  B. Riley Financial (-0.84)


ATSG Forecast + Options Trading Strategies   ATSG  Air Transport Services (-0.85)


NBR Forecast + Options Trading Strategies   NBR  Nabors Industries (-0.85)


EXTR Forecast + Options Trading Strategies   EXTR  Extreme Networks (-0.85)


AEHR Forecast + Options Trading Strategies   AEHR  Aehr Test Systems (-0.88)


MGNX News over Time





Click points to explore news by date. News sentiment ranges from -10 (very negative) to +10 (very positive) where 0 is neutral.






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