AI WEAV Forecast


Price Forecast:


Bearish<->Bullish


Bullish Case: WEAV’s increasing institutional interest and strong platform for customer engagement support significant price recovery. Historical returns suggest upside potential, with key upcoming earnings driving optimism for a breakout.


Bearish Case: Market sentiment is dominated by bearish options activity, with a notable increase in put volume suggesting a downturn. Recent volatility spikes amplify risks of a negative earnings report, potentially driving prices lower.


Potential Outcomes:

1. Price reaches $14 within 3 months (30%).

2. Price stabilizes around $10, leading to consolidation (50%).

3. Price declines to $8 due to negative market reactions (20%).


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August 21, 2024


Weave Communications Forecast

WEAV      Weave Communications











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Uncorrelated Assets

Assets with little price relationship to WEAV



ON Forecast + Options Trading Strategies   ON  ON Semiconductor (-0.0)


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PENN Forecast + Options Trading Strategies   PENN  Penn National Gaming (0.01)


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Anticorrelated Assets

Assets that tend to move strongly against WEAV



GOGO Forecast + Options Trading Strategies   GOGO  Gogo (-0.68)


MCHI Forecast + Options Trading Strategies   MCHI  BTC iShares MSCI China (-0.76)


SARK Forecast + Options Trading Strategies   SARK  Tuttle Capital Short Innovation (-0.77)


UUP Forecast + Options Trading Strategies   UUP  Invesco DB US Dollar Index Bullish (-0.8)


CRK Forecast + Options Trading Strategies   CRK  Comstock Resources (-0.83)





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