SPB Forecast + Trading Strategies


Bullish Case: SPB above $84.85 with +0.43% AI forecast and strong insider buying supports bullish sentiment.


Bearish Case: Macro headwinds, recent negative returns, and product recalls suggest downside risk for SPB despite insider buying.


Potential Outcomes: Probabilities: Upward from insider buys 65%, macro headwinds impact -45%, sustained flat trading 30%.


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


July 17, 2024


Spectrum Brands Forecast

SPB      Spectrum Brands











Correlated Assets

Assets that tend to move strongly with SPB



ETRN Forecast + Options Trading Strategies   ETRN  Equitrans Midstream (0.78)


ICE Forecast + Options Trading Strategies   ICE  Intercontinental Exchange (0.77)


CINF Forecast + Options Trading Strategies   CINF  Cincinnati Financial (0.74)


H Forecast + Options Trading Strategies   H  Hyatt Hotels (0.69)


XLE Forecast + Options Trading Strategies   XLE  Energy Select Sector SPDR (0.56)



Uncorrelated Assets

Assets with little price relationship to SPB



LTPZ Forecast + Options Trading Strategies   LTPZ  PIMCO 15+ Year U.S. TIPS Index Exchange-Traded (0.14)


AOSL Forecast + Options Trading Strategies   AOSL  Alpha & Omega Semiconductor (0.15)


ESTA Forecast + Options Trading Strategies   ESTA  Establishment Labs (0.47)


VFC Forecast + Options Trading Strategies   VFC  VF (-0.55)


XLE Forecast + Options Trading Strategies   XLE  Energy Select Sector SPDR (0.56)



Anticorrelated Assets

Assets that tend to move strongly against SPB



ESTA Forecast + Options Trading Strategies   ESTA  Establishment Labs (0.47)


AOSL Forecast + Options Trading Strategies   AOSL  Alpha & Omega Semiconductor (0.15)


LTPZ Forecast + Options Trading Strategies   LTPZ  PIMCO 15+ Year U.S. TIPS Index Exchange-Traded (0.14)


VFC Forecast + Options Trading Strategies   VFC  VF (-0.55)


LI Forecast + Options Trading Strategies   LI  Li Auto (-0.62)





Become a more profitable investor with AI optimized trading strategies






×

Chat with SPB


 Ask any question about SPB!