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Bullish Case: Recent operational advances, strategic leadership hires, prudent share repurchases, and mixed Q3 results revealing financial discipline make a case for cautious optimism.


Bearish Case: Persistent revenue declines, DxC's struggle to adapt to market conditions, and insider selling despite last quarter's mixed results signal potential ongoing challenges.


Potential Outcomes: Higher probability of continued range-bound trading with a slight bullish tilt due to mean reversion tendencies and recent operational improvements.


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April 04, 2024


DXC Technology Forecast

DXC        DXC Technology
Price Forecast: BULLISH    Price Action: MEAN REVERTING (?)






Correlated Stock Forecasts

Assets that tend to move strongly with DXC



XEL Forecast + Options Trading Strategies   [XEL]  Xcel Energy (0.75)


DRIP Forecast + Options Trading Strategies   [DRIP]  Direxion Daily S&P Oil & Gas Exp. & Prod. (0.75)


ERY Forecast + Options Trading Strategies   [ERY]  Direxion Daily Energy Bear 2X Shares (0.74)


LW Forecast + Options Trading Strategies   [LW]  Lamb Weston (0.73)


TGTX Forecast + Options Trading Strategies   [TGTX]  TG Therapeutics (0.73)



Uncorrelated Stock Forecasts

Assets with little price relationship to DXC



SHAK Forecast + Options Trading Strategies   [SHAK]  Shake Shack (-0.0)


FITB Forecast + Options Trading Strategies   [FITB]  Fifth Third Bancorp (-0.0)


DKS Forecast + Options Trading Strategies   [DKS]  Dicks Sporting Goods (-0.0)


NET Forecast + Options Trading Strategies   [NET]  Cloudflare (0.0)


SPSM Forecast + Options Trading Strategies   [SPSM]  Active Trust - SPDR Portfolio S&P 600 Small Cap (-0.0)



Anticorrelated Stock Forecasts

Assets that tend to move strongly against DXC



UCO Forecast + Options Trading Strategies   [UCO]  ProShares Ultra Bloomberg Crude Oil (-0.76)


CNX Forecast + Options Trading Strategies   [CNX]  CNX Resources (-0.76)


USL Forecast + Options Trading Strategies   [USL]  United States Commodity Funds LLC - United States 12 Month Oil (-0.77)


BNO Forecast + Options Trading Strategies   [BNO]  United States Commodity Funds LLC - United States Brent Crude Oil (-0.77)


USO Forecast + Options Trading Strategies   [USO]  United States Commodity Funds (-0.77)





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