TRIN Forecast


Bullish Case: Despite short-term volatility, TRIN's increasing call option volumes and relatively lower implied volatility in the medium-term suggest potential for price recovery.


Bearish Case: Historical returns indicate significant downside risk, compounded by unresolved company-specific issues and market volatility, which might drive prices down further.


Potential Outcomes:

1) Continued NASDAQ compliance boosts stock by 10% (40%),

2) Biotech revenue growth materializes, adding 5% (30%),

3) Financial instability persists, dropping shares by 15% (30%).


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


June 23, 2024


Trinity Forecast

TRIN      Trinity











Correlated Assets

Assets that tend to move strongly with TRIN



HASI Forecast + Options Trading Strategies   HASI  Hannon Armstrong Sustainable Infrastructure (0.73)


SO Forecast + Options Trading Strategies   SO  Southern (0.71)


GDXJ Forecast + Options Trading Strategies   GDXJ  VanEck Vectors Junior Gold Miners (0.7)


PPL Forecast + Options Trading Strategies   PPL  PPL (0.68)


ING Forecast + Options Trading Strategies   ING  ING Groep (0.68)



Uncorrelated Assets

Assets with little price relationship to TRIN



TAN Forecast + Options Trading Strategies   TAN  Invesco Solar (-0.0)


CME Forecast + Options Trading Strategies   CME  CME (-0.0)


CTSH Forecast + Options Trading Strategies   CTSH  Cognizant Technology (0.0)


DT Forecast + Options Trading Strategies   DT  Dynatrace (0.0)


CVS Forecast + Options Trading Strategies   CVS  CVS Health (0.0)



Anticorrelated Assets

Assets that tend to move strongly against TRIN



RWM Forecast + Options Trading Strategies   RWM  ProShares Trust - ProShares Short Russell2000 (-0.51)


TZA Forecast + Options Trading Strategies   TZA  Direxion Daily Small Cap Bear 3X Shares (-0.51)


SH Forecast + Options Trading Strategies   SH  ProShares Short S&P500 (-0.53)


SPXS Forecast + Options Trading Strategies   SPXS  Direxion Daily S&P 500 Bear 3X Shares (-0.54)


DUST Forecast + Options Trading Strategies   DUST  Direxion Daily Gold Miners Index Bear 2X S (-0.65)


TRIN 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.






Become a more profitable investor with AI optimized trading strategies






×

Chat with TRIN


 Ask any question about TRIN!