AI TTEK Forecast


Price Forecast:


Bearish<->Bullish


Bullish Case: Tetra Tech (TTEK) is positioned well due to a favorable market focus on sustainability and increasing government infrastructure contracts, likely boosting stock momentum in the upcoming months.


Bearish Case: Insider selling and reducing institutional stakes present red flags, potentially indicating decreased confidence in TTEK's future performance, posing risks to stock value.


Potential Outcomes:

1. 50% chance of sustained growth due to government contracts.

2. 30% chance of price decline from reduced institutional investment.

3. 20% chance of stability, balancing positive growth and negative sentiment.


Trading Oracle: Consider executing a bullish debit spread, buying TTEK calls at $230 and selling at $250 for September 2024 expiration. High implied volatility favors long strategies, providing a favorable risk/reward setup.


August 10, 2024


Tetra Tech Forecast

TTEK      Tetra Tech











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Uncorrelated Assets

Assets with little price relationship to TTEK



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HES Forecast + Options Trading Strategies   HES  Hess (-0.0)


GTLS Forecast + Options Trading Strategies   GTLS  Chart Industries (0.0)


W Forecast + Options Trading Strategies   W  Wayfair (-0.01)


HDB Forecast + Options Trading Strategies   HDB  HDFC (-0.01)



Anticorrelated Assets

Assets that tend to move strongly against TTEK



SQQQ Forecast + Options Trading Strategies   SQQQ  ProShares UltraPro Short QQQ (-0.91)


SPXS Forecast + Options Trading Strategies   SPXS  Direxion Daily S&P 500 Bear 3X Shares (-0.92)


CPRI Forecast + Options Trading Strategies   CPRI  Capri (-0.92)


SH Forecast + Options Trading Strategies   SH  ProShares Short S&P500 (-0.92)


WTI Forecast + Options Trading Strategies   WTI  W & T Offshore (-0.92)





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