Back

Bullish Case: Optimism fueled by FCC certification for Comsearch AFC, projecting new market avenues and enhanced network capabilities. Despite declining prices, significant insider purchases indicate robust internal confidence in a potential turnaround.


Bearish Case: Consistent declines in stock price, rising volatility, and poor earnings results underscore a bleak outlook. Unrelenting sector challenges and high institutional ownership pose risks of volatile moves against any bullish sentiment.


Potential Outcomes:

1) Short-term recovery due to FCC certification, with a 25% chance.

2) Continuation of downtrend due to poor earnings, with a 50% chance.

3) Sideways movement if market absorbs recent negative impacts, with a 25% chance.


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


April 18, 2024


CommScope Forecast

COMM        CommScope
Price Forecast: BEARISH    Price Action: MEAN REVERTING (?)











Correlated Stock Forecasts

Assets that tend to move strongly with COMM



NVST Forecast + Options Trading Strategies   NVST  Envista (0.95)


CRSR Forecast + Options Trading Strategies   CRSR  Corsair Gaming (0.94)


CSIQ Forecast + Options Trading Strategies   CSIQ  Canadian Solar (0.94)


NUS Forecast + Options Trading Strategies   NUS  Nu Skin Enterprises (0.94)


MLCO Forecast + Options Trading Strategies   MLCO  Melco Resorts & Entertainment (0.94)



Uncorrelated Stock Forecasts

Assets with little price relationship to COMM



IREN Forecast + Options Trading Strategies   IREN  IREN (0.0)


CROX Forecast + Options Trading Strategies   CROX  Crocs (0.0)


CMCSA Forecast + Options Trading Strategies   CMCSA  Comcast (0.0)


HBI Forecast + Options Trading Strategies   HBI  Hanesbrands (-0.0)


KR Forecast + Options Trading Strategies   KR  Kroger (0.01)



Anticorrelated Stock Forecasts

Assets that tend to move strongly against COMM



YCS Forecast + Options Trading Strategies   YCS  ProShares UltraShort Yen (-0.9)


LBRT Forecast + Options Trading Strategies   LBRT  Liberty Oilfield Services (-0.9)


VERX Forecast + Options Trading Strategies   VERX  Vertex (-0.9)


FRO Forecast + Options Trading Strategies   FRO  Frontline (-0.91)


CEG Forecast + Options Trading Strategies   CEG  Constellation Energy (-0.92)





Become a more profitable investor with AI optimized trading strategies






×

Chat with COMM


 Ask me any question!