MT Forecast




Price Forecast:




80% Confidence

Bearish<->Bullish




Bullish Case: Optimism may increase as the implied volatility indicates potential upward momentum and the low price-to-book ratio suggests undervaluation. Upcoming earnings could catalyze a rally.




Bearish Case: Persistent flat performance and high implied volatility could signal market apprehension, leading to further downside risk as investors brace for disappointing results or adverse market conditions.




Potential Outcomes:
  • 1. Bullish earnings surprise (40% chance): Positive reports draw in buyers, lifting prices.
  • 2. Sideways market behavior (30% chance): Limited movement as investors remain cautious.
  • 3. Market downturn (30% chance): External economic factors lead to sell-off despite technical resilience.




Trading Oracle: Consider executing a bullish debit spread with the MT 01/17/2025 27.00 C and selling the MT 01/17/2025 28.00 C. This strategy targets high implied volatility and captures potential upside gains, offering a favorable risk-reward ratio and a 70% probability of profit.



December 14, 2024


New York Shares Forecast

MT        New York Shares











Correlated Assets

Assets that tend to move strongly with MT



CBRL Forecast + Options Trading Strategies   CBRL  Cracker Barrel Old Country Store (0.91)


LULU Forecast + Options Trading Strategies   LULU  Lululemon Athletica inc. (0.87)


FSLY Forecast + Options Trading Strategies   FSLY  Fastly (0.85)


LAC Forecast + Options Trading Strategies   LAC  Lithium Americas (0.85)


CRNC Forecast + Options Trading Strategies   CRNC  Cerence (0.84)



Uncorrelated Assets

Assets with little price relationship to MT



MAX Forecast + Options Trading Strategies   MAX  MediaAlpha (0.0)


NCNO Forecast + Options Trading Strategies   NCNO  Ncino (0.0)


RBLX Forecast + Options Trading Strategies   RBLX  Roblox Corporation - (-0.0)


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


EWY Forecast + Options Trading Strategies   EWY  iShares MSCI South Korea (-0.0)



Anticorrelated Assets

Assets that tend to move strongly against MT



NTAP Forecast + Options Trading Strategies   NTAP  Netapp (-0.74)


HUMA Forecast + Options Trading Strategies   HUMA  Humacyte (-0.75)


EBS Forecast + Options Trading Strategies   EBS  Emergent Biosolutions (-0.75)


KO Forecast + Options Trading Strategies   KO  Coca-Cola (-0.79)


CRTO Forecast + Options Trading Strategies   CRTO  Criteo (-0.82)









Become a more profitable investor with AI optimized trading strategies






×

Chat with MT


 Ask any question about MT!