Bullish Case: European approval for artificial pancreas system and recent clinical trial success implies strong market position and product efficacy, despite overall market skepticism.


Bearish Case: Ongoing stock price decline despite positive news mean-reverts, signaling underlying market concerns and eroding investor confidence, with institutional selling adding to the bearish sentiment.


Potential Outcomes:

1) Legal victories boost confidence (30% chance);

2) Product approvals incite short-term rally (25%);

3) Institutional selling, market skepticism sustain bearish pressure (45%).


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


March 27, 2024


Insulet Forecast

PODD        Insulet
Price Forecast: NEUTRAL    Price Action: MEAN REVERTING (?)






Correlated Stock Forecasts

Assets that tend to move strongly with PODD



ADC Forecast + Options Trading Strategies   [ADC]  Agree Realty (0.94)


AES Forecast + Options Trading Strategies   [AES]  AES (0.93)


BEP Forecast + Options Trading Strategies   [BEP]  Brookfield Renewable (0.93)


JACK Forecast + Options Trading Strategies   [JACK]  Jack In The Box (0.92)


VGLT Forecast + Options Trading Strategies   [VGLT]  Vanguard Group, Inc. - Vanguard Long-Term Treasury (0.92)



Uncorrelated Stock Forecasts

Assets with little price relationship to PODD



GLD Forecast + Options Trading Strategies   [GLD]  SPDR Gold Shares (-0.0)


XLB Forecast + Options Trading Strategies   [XLB]  Active Trust - Materials Select Sector SPDR (0.0)


GLBE Forecast + Options Trading Strategies   [GLBE]  Global E Online (0.0)


NBR Forecast + Options Trading Strategies   [NBR]  Nabors Industries (-0.0)


WW Forecast + Options Trading Strategies   [WW]  WW International (0.0)



Anticorrelated Stock Forecasts

Assets that tend to move strongly against PODD



FTI Forecast + Options Trading Strategies   [FTI]  TechnipFMC (-0.87)


EUO Forecast + Options Trading Strategies   [EUO]  ProShares UltraShort Euro (-0.87)


TBT Forecast + Options Trading Strategies   [TBT]  PowerShares UltraShort Lehman 20+ Yea (-0.89)


TBF Forecast + Options Trading Strategies   [TBF]  ProShares Short 20+ Year Treasury (-0.9)


TYO Forecast + Options Trading Strategies   [TYO]  Direxion Daily 7-10 Year Treasury Bear 3X Shares (-0.92)





Become a more profitable investor with AI optimized trading strategies






×

Chat with Helium


 Ask me any question!