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AI TNC Forecast

Price Forecast:

Bearish <-> Bullish

Bullish Case: The TNC implied volatility data suggests market expectations of upward momentum, indicating strong bullish potential. Additionally, historical performance trends support gradual recovery and positive investor sentiment.

Bearish Case: Market volatility is forecasted to remain elevated, posing risks of price corrections. Combined with recent bearish trends in TNC Coin sentiment, there may be downward pressure on stock performance.

Potential Outcomes:

1. 35% chance of TNC hitting $120 due to solid earnings.

2. 30% likelihood of volatility leading to fluctuations around $100.

3. 25% for price hovering near $90 as sentiment turns bearish.

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August 24, 2024

Tennant Forecast

TNC Tennant

Price Forecast
Future Uncertainty

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Correlated Assets

Assets that tend to move strongly with TNC

TGT Target (0.96)

AME Ametek (0.95)

PCAR Paccar (0.94)

RS Reliance Steel & Aluminum (0.94)

BYRN Byrna (0.94)

Uncorrelated Assets

Assets with little price relationship to TNC

CVI CVR Energy (-0.0)

TRUP Trupanion (0.0)

DV DoubleVerify (-0.0)

CPS Cooper-Standard (0.01)

LNTH Lantheus (0.01)

Anticorrelated Assets

Assets that tend to move strongly against TNC

AMC AMC Entertainment (-0.83)

NKLA Nikola (-0.83)

CLNE Clean Energy Fuels (-0.86)

CHTR Charter Communications (-0.87)

HUM Humana (-0.88)

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* Disclaimer: Nothing on this website constitutes investment advice, performance data or any recommendation that any particular security, portfolio of securities, transaction or investment strategy is suitable for any specific person. Helium Trades is not responsible in any way for the accuracy of any model predictions or price data. Any mention of a particular security and related prediction data is not a recommendation to buy or sell that security. Investments in securities involve the risk of loss. Past performance is no guarantee of future results. Helium Trades is not responsible for any of your investment decisions, you should consult a financial expert before engaging in any transaction.