POWL Forecast




Price Forecast:


Bearish<->Bullish




Bullish Case: Anticipating strong earnings and institutional support, POWL's high call volume and increasing price suggest upward momentum. The implied volatility supports potential for significant price swings, enhancing the bullish sentiment.




Bearish Case: Nonetheless, with recent mean-reverting price action and insider selling, coupled with elevated valuations, POWL may face downward pressure, prompting caution among short-term traders.




Potential Outcomes:
  • Continued Growth (40%): Boosted by strong earnings and institutional support.
  • Market Correction (30%): Overvaluation concerns compel a sell-off.
  • Stability (20%): Mean reversion and lack of catalysts limit price movement.
  • Insider Selling Impact (10%): May further pressure stock price amid market uncertainty.




Trading Oracle: Consider initiating bullish debit spreads using December 2024 calls (strike $290-$300) to capitalize on volatility spikes and favorable price movements. Given high implied volatility, this strategy targets profiting from potential price recovery with a high reward-to-risk profile.



December 08, 2024


Powell Industries Forecast

POWL        Powell Industries











Correlated Assets

Assets that tend to move strongly with POWL



STRL Forecast + Options Trading Strategies   STRL  Sterling Construction Company (0.85)


ONON Forecast + Options Trading Strategies   ONON  On (0.84)


ITA Forecast + Options Trading Strategies   ITA  BTC iShares U.S. Aerospac (0.84)


NRG Forecast + Options Trading Strategies   NRG  NRG Energy (0.84)


ARES Forecast + Options Trading Strategies   ARES  Ares (0.83)



Uncorrelated Assets

Assets with little price relationship to POWL



DBX Forecast + Options Trading Strategies   DBX  Dropbox (-0.0)


IJH Forecast + Options Trading Strategies   IJH  BlackRock Institutional Trust Company N.A. - iShares Core S&P Mid-Cap (0.01)


USD Forecast + Options Trading Strategies   USD  ProShares Ultra Semiconductors (0.01)


AMED Forecast + Options Trading Strategies   AMED  Amedisys (-0.01)


SHEL Forecast + Options Trading Strategies   SHEL  Shell Plc - ADR (Representing) (-0.01)



Anticorrelated Assets

Assets that tend to move strongly against POWL



XRAY Forecast + Options Trading Strategies   XRAY  DENTSPLY Sirona (-0.75)


BMRN Forecast + Options Trading Strategies   BMRN  Registered Shares (-0.79)


SDS Forecast + Options Trading Strategies   SDS  ProShares UltraShort S&P500 (-0.79)


SPXS Forecast + Options Trading Strategies   SPXS  Direxion Daily S&P 500 Bear 3X Shares (-0.8)


RC Forecast + Options Trading Strategies   RC  Ready (-0.85)


POWL 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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