Bullish Case: SNBR's recent product acclaim could drive a sentiment shift. Improving sleep quality may equate to higher demand, setting a stage for stock revaluation and price recovery.


Bearish Case: With a prolonged downtrend, negative sentiment persists. Poor historical performance and deteriorating fundamentals likely to continue pressuring stock prices.


Potential Outcomes:

1. Positive earnings surprise (20%): market reassessment, stock jumps.

2. Sentiment remains negative, further decline (45%): reinforced by historic trends.

3. Flat performance as market digests new product reception (35%).


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March 29, 2024


Sleep Number Forecast

SNBR        Sleep Number
Price Forecast: BULLISH    Price Action: RANDOM (?)






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NINE Forecast + Options Trading Strategies   [NINE]  Nine Energy Service (0.88)


GPRE Forecast + Options Trading Strategies   [GPRE]  Green Plains (0.87)


RILY Forecast + Options Trading Strategies   [RILY]  B. Riley Financial (0.86)


FOXF Forecast + Options Trading Strategies   [FOXF]  Fox Factory (0.86)


BYND Forecast + Options Trading Strategies   [BYND]  Beyond Meat (0.86)



Uncorrelated Stock Forecasts

Assets with little price relationship to SNBR



XOP Forecast + Options Trading Strategies   [XOP]  SPDR Oil & Gas Exploration and Production (0.0)


MRNS Forecast + Options Trading Strategies   [MRNS]  Marinus Pharmaceuticals (0.0)


DOW Forecast + Options Trading Strategies   [DOW]  Dow (-0.01)


TNA Forecast + Options Trading Strategies   [TNA]  Direxion Daily Small Cap Bull 3X Shares (0.01)


OMC Forecast + Options Trading Strategies   [OMC]  Omnicom Group (0.01)



Anticorrelated Stock Forecasts

Assets that tend to move strongly against SNBR



BRBR Forecast + Options Trading Strategies   [BRBR]  Bellring Brands (-0.78)


URNM Forecast + Options Trading Strategies   [URNM]  North Shore Global Uranium Mining (-0.78)


EVER Forecast + Options Trading Strategies   [EVER]  EverQuote (-0.78)


GEO Forecast + Options Trading Strategies   [GEO]  Geo Group (-0.82)


LRN Forecast + Options Trading Strategies   [LRN]  Stride (-0.82)





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