WAT Forecast


Bullish Case: WAT shows a strong bullish trend with a 7.1% increase over the past week and a consistent upward trajectory from historical data. Implied volatility is moderately high, suggesting an anticipatory market sentiment that could drive prices up.


Bearish Case: Despite recent gains, WAT exhibits high implied volatility suggesting market uncertainty and potential for a downside correction. Historical data indicate frequent price reversions, which may lead to short-term declines.


Potential Outcomes:

1. Bullish continuation with a 60% probability as momentum persists.

2. Price correction with a 40% chance due to mean reversion. Volatility remains a key factor, influencing rapid shifts.


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May 14, 2024


Waters Forecast

WAT        Waters
Price Forecast: NEUTRAL    Price Action: MEAN REVERTING (?)











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ELAN Forecast + Options Trading Strategies   ELAN  Elanco Animal Health (0.94)


PAVE Forecast + Options Trading Strategies   PAVE  Global X Funds - Global X U.S. Infrastructure Development (0.94)


XRT Forecast + Options Trading Strategies   XRT  SPDR Retail (0.94)


UDOW Forecast + Options Trading Strategies   UDOW  ProShares UltraPro Dow30 (0.94)


BAM Forecast + Options Trading Strategies   BAM  Brookfield Asset (0.94)



Uncorrelated Stock Forecasts

Assets with little price relationship to WAT



CTRA Forecast + Options Trading Strategies   CTRA  Coterra Energy (-0.0)


OIH Forecast + Options Trading Strategies   OIH  VanEck Vectors Oil Services (-0.0)


AAPL Forecast + Options Trading Strategies   AAPL  Apple (-0.0)


GT Forecast + Options Trading Strategies   GT  Goodyear Tire & Rubber (0.0)


SAND Forecast + Options Trading Strategies   SAND  Sandstorm Gold (-0.0)



Anticorrelated Stock Forecasts

Assets that tend to move strongly against WAT



TZA Forecast + Options Trading Strategies   TZA  Direxion Daily Small Cap Bear 3X Shares (-0.92)


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


SRTY Forecast + Options Trading Strategies   SRTY  ProShares UltraPro Short Russell2000 (-0.93)


DXD Forecast + Options Trading Strategies   DXD  ProShares UltraShort Dow30 (-0.94)


SDOW Forecast + Options Trading Strategies   SDOW  ProShares UltraPro Short Dow30 (-0.94)





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