PTC Forecast


Bullish Case: PTC's growth is fueled by robust IoT market penetration and a solid aerospace contract. Expanded product offerings and recent mean reversion suggest upward potential in the short-term, especially given a bullish AI forecast (+0.53%).


Bearish Case: Market volatility and insider sales raise concerns about overvaluation. High implied volatility suggests potential overreaction to negative cues, while the broader sector faces financial instability risks.


Potential Outcomes:

1. IoT expansion continues, driving share gains (60%).

2. Insider selling leads to price corrections (25%).

3. Sector downturn influences PTC negatively (15%).


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May 01, 2024


PTC Forecast

PTC        PTC
Price Forecast: BULLISH    Price Action: MEAN REVERTING (?)











Correlated Stock Forecasts

Assets that tend to move strongly with PTC



XLK Forecast + Options Trading Strategies   XLK  Technology Select Sector SPDR (0.97)


SPYG Forecast + Options Trading Strategies   SPYG  SPDR Portfolio S&P 500 Growth (0.97)


SCHG Forecast + Options Trading Strategies   SCHG  Schwab U.S. Large-Cap Growth (0.97)


QQQM Forecast + Options Trading Strategies   QQQM  Invesco Exchange-Traded Fund Trust II - Invesco NASDAQ 100 (0.97)


IVV Forecast + Options Trading Strategies   IVV  BTC iShares Core S&P 500 (0.96)



Uncorrelated Stock Forecasts

Assets with little price relationship to PTC



SSTK Forecast + Options Trading Strategies   SSTK  Shutterstock (0.0)


UUUU Forecast + Options Trading Strategies   UUUU  Energy Fuels (0.0)


PYPL Forecast + Options Trading Strategies   PYPL  PayPal (-0.0)


REZ Forecast + Options Trading Strategies   REZ  iShares Residential and Multisector Real Estate (-0.0)


BXMT Forecast + Options Trading Strategies   BXMT  Blackstone Mortgage (-0.0)



Anticorrelated Stock Forecasts

Assets that tend to move strongly against PTC



SDOW Forecast + Options Trading Strategies   SDOW  ProShares UltraPro Short Dow30 (-0.94)


UVXY Forecast + Options Trading Strategies   UVXY  ProShares Ultra VIX Short-Term Futures (-0.94)


SPXS Forecast + Options Trading Strategies   SPXS  Direxion Daily S&P 500 Bear 3X Shares (-0.95)


VXX Forecast + Options Trading Strategies   VXX  iPath Series B S&P 500 VIX Short-Term Futures (-0.95)


TECS Forecast + Options Trading Strategies   TECS  Direxion Daily Technology Bear 3X Shares (-0.97)


PTC 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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