SCM Forecast




Price Forecast:


Bearish<->Bullish




Bullish Case: A bullish sentiment arises as historical data reflects mean-reversion patterns, suggesting potential upward movement towards $15 in the near term, coupled with increasing call volume signaling buyer interest.




Bearish Case: Contrarily, high implied volatility in near-term puts indicates heightened market skepticism, suggesting a substantial risk of declines below $12, particularly in reaction to negative economic news or sentiment shifts.




Potential Outcomes:

1. 30% chance for a price increase to $15 due to stabilization.

2. 40% chance of flat performance around $13.50 amid volatility.

3. 20% chance of a drop to $12 due to negative sentiment.

4. 10% chance for significant upside above $16 driven by positive earnings surprises.




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November 14, 2024


Stellus Capital Investment Forecast

SCM        Stellus Capital Investment











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