Bullish Case: URBN's rebound in Free People and Anthropologie, coupled with a mean reverting price action trend and recent price increase, indicates a potential upside movement.


Bearish Case: Recent underperformance in core brand, unfavourable comparisons to budget alternatives, and legal disputes signal possible continued pressure on URBN's stock price.


Potential Outcomes:

1. Brand turnaround success, 35%.

2. Continued Free People and Anthropologie growth, 60%.

3. Further legal or competitive difficulties, 30%.


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


March 30, 2024


Urban Outfitters Forecast

URBN        Urban Outfitters
Price Forecast: NEUTRAL    Price Action: MEAN REVERTING (?)






Correlated Stock Forecasts

Assets that tend to move strongly with URBN



SKT Forecast + Options Trading Strategies   [SKT]  Tanger Factory Outlet Centers (0.92)


SAIC Forecast + Options Trading Strategies   [SAIC]  Science Applications International (0.92)


CRH Forecast + Options Trading Strategies   [CRH]  CRH Plc (0.92)


COOP Forecast + Options Trading Strategies   [COOP]  Mr. Cooper (0.92)


MLM Forecast + Options Trading Strategies   [MLM]  Martin Marietta Materials (0.91)



Uncorrelated Stock Forecasts

Assets with little price relationship to URBN



NVS Forecast + Options Trading Strategies   [NVS]  Novartis (-0.0)


GFI Forecast + Options Trading Strategies   [GFI]  Gold Fields (0.0)


SMPL Forecast + Options Trading Strategies   [SMPL]  Simply Good Foods (0.0)


ROK Forecast + Options Trading Strategies   [ROK]  Rockwell Automation (0.0)


PLNT Forecast + Options Trading Strategies   [PLNT]  Planet Fitness (-0.0)



Anticorrelated Stock Forecasts

Assets that tend to move strongly against URBN



DOG Forecast + Options Trading Strategies   [DOG]  ProShares Short Dow30 (-0.87)


SDOW Forecast + Options Trading Strategies   [SDOW]  ProShares UltraPro Short Dow30 (-0.88)


DXD Forecast + Options Trading Strategies   [DXD]  ProShares UltraShort Dow30 (-0.88)


TECS Forecast + Options Trading Strategies   [TECS]  Direxion Daily Technology Bear 3X Shares (-0.89)


SPXS Forecast + Options Trading Strategies   [SPXS]  Direxion Daily S&P 500 Bear 3X Shares (-0.9)





Become a more profitable investor with AI optimized trading strategies






×

Chat with Helium


 Ask me any question!