Bullish Case: Despite recent insider sales, POWL's solid revenue growth and substantial market gains past years reinforce its strong position. Upcoming earnings could highlight enduring strengths, countering temporary setbacks and potentially triggering a renewed investor interest.


Bearish Case: Insider sales and recent price decline signal potential distrust in POWL’s short-term prospects. Combined with a modest AI forecast and a high P/E ratio hinting at overvaluation, the stock could face downward pressure if upcoming earnings underwhelm.


Potential Outcomes:

1. Earnings beat expectations (40%): Spurs price rally.

2. Earnings miss (30%): Increases selling pressure.

3. Stabilized trading post-earnings (20%): Limits volatility.

4. Aggressive insider buying/selling (10%): Significantly impacts investor sentiment and stock price.


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


April 20, 2024


Powell Industries Forecast

POWL        Powell Industries
Price Forecast: BULLISH    Price Action: MEAN REVERTING (?)











Correlated Stock Forecasts

Assets that tend to move strongly with POWL



MOD Forecast + Options Trading Strategies   MOD  Modine Manufacturing (0.92)


XPO Forecast + Options Trading Strategies   XPO  XPO Logistics (0.92)


MMYT Forecast + Options Trading Strategies   MMYT  MakeMyTrip (0.91)


ITT Forecast + Options Trading Strategies   ITT  ITT (0.9)


TT Forecast + Options Trading Strategies   TT  Trane (0.9)



Uncorrelated Stock Forecasts

Assets with little price relationship to POWL



UUP Forecast + Options Trading Strategies   UUP  Invesco DB US Dollar Index Bullish (-0.0)


WPM Forecast + Options Trading Strategies   WPM  Wheaton Precious Metals (-0.0)


IONQ Forecast + Options Trading Strategies   IONQ  IonQ (0.0)


F Forecast + Options Trading Strategies   F  Ford Motor (-0.0)


WOR Forecast + Options Trading Strategies   WOR  Worthington Industries (-0.01)



Anticorrelated Stock Forecasts

Assets that tend to move strongly against POWL



PRTA Forecast + Options Trading Strategies   PRTA  Prothena (-0.83)


PFE Forecast + Options Trading Strategies   PFE  Pfizer (-0.85)


UVXY Forecast + Options Trading Strategies   UVXY  ProShares Ultra VIX Short-Term Futures (-0.86)


NUS Forecast + Options Trading Strategies   NUS  Nu Skin Enterprises (-0.86)


VXX Forecast + Options Trading Strategies   VXX  iPath Series B S&P 500 VIX Short-Term Futures (-0.87)





Become a more profitable investor with AI optimized trading strategies






×

Chat with POWL


 Ask me any question!