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Bullish Case: Solid fundamentals, recent growth in share price, and strong institutional investment paint a supportive picture for AMWD's continued upside.


Bearish Case: Insider sales, a flat recent price trend, and sector underperformance suggest the potential for a near-term correction in AMWD shares.


Potential Outcomes:

1) Earnings beat and favorable guidance could trigger a rally: 40%.

2) Earnings miss initiating a pullback: 30%.

3) Inconclusive results leading to sideways trading: 30%.


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April 02, 2024


American Woodmark Forecast

AMWD        American Woodmark
Price Forecast: BULLISH    Price Action: RANDOM (?)






Correlated Stock Forecasts

Assets that tend to move strongly with AMWD



PNR Forecast + Options Trading Strategies   [PNR]  Pentair (0.95)


SLG Forecast + Options Trading Strategies   [SLG]  SL Green Realty (0.95)


PAVE Forecast + Options Trading Strategies   [PAVE]  Global X Funds - Global X U.S. Infrastructure Development (0.95)


JEF Forecast + Options Trading Strategies   [JEF]  Jefferies Financial (0.95)


OC Forecast + Options Trading Strategies   [OC]  Owens Corning (0.95)



Uncorrelated Stock Forecasts

Assets with little price relationship to AMWD



BOOM Forecast + Options Trading Strategies   [BOOM]  DMC (0.0)


BA Forecast + Options Trading Strategies   [BA]  Boeing (0.0)


QS Forecast + Options Trading Strategies   [QS]  QuantumScape (-0.0)


KIRK Forecast + Options Trading Strategies   [KIRK]  Kirkland's (0.01)


ATEC Forecast + Options Trading Strategies   [ATEC]  Alphatec (-0.01)



Anticorrelated Stock Forecasts

Assets that tend to move strongly against AMWD



SDOW Forecast + Options Trading Strategies   [SDOW]  ProShares UltraPro Short Dow30 (-0.89)


UVXY Forecast + Options Trading Strategies   [UVXY]  ProShares Ultra VIX Short-Term Futures (-0.9)


TECS Forecast + Options Trading Strategies   [TECS]  Direxion Daily Technology Bear 3X Shares (-0.91)


VXX Forecast + Options Trading Strategies   [VXX]  iPath Series B S&P 500 VIX Short-Term Futures (-0.92)


SPXS Forecast + Options Trading Strategies   [SPXS]  Direxion Daily S&P 500 Bear 3X Shares (-0.94)





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