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Bullish Case: ENG could rally on global tech infrastructure growth and new opportunities, like UAE-Kenya’s AI and tech partnership, possibly lifting related sectors.


Bearish Case: ENG's consistent historical downtrend and global challenges like increased regulatory costs and environmental concerns may continue to weigh heavily.


Potential Outcomes:

1. Positive market response to global tech investments: 40%.

2. Continued slide due to past performance: 50%.

3. Benefit from sector-specific events: 30%.


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April 05, 2024


Englobal Forecast

ENG        Englobal
Price Forecast: NEUTRAL    Price Action: RANDOM (?)










Correlated Stock Forecasts

Assets that tend to move strongly with ENG



YUMC Forecast + Options Trading Strategies   YUMC  Yum China (0.94)


LAC Forecast + Options Trading Strategies   LAC  Lithium Americas (0.94)


CHAU Forecast + Options Trading Strategies   CHAU  Direxion Daily CSI 300 China A Share Bull 2X Shares (0.92)


LIT Forecast + Options Trading Strategies   LIT  Global X Lithium & Battery Tech (0.92)


ZTO Forecast + Options Trading Strategies   ZTO  ZTO Express (Cayman) (0.92)



Uncorrelated Stock Forecasts

Assets with little price relationship to ENG



CROX Forecast + Options Trading Strategies   CROX  Crocs (0.0)


HASI Forecast + Options Trading Strategies   HASI  Hannon Armstrong Sustainable Infrastructure (0.0)


OXY Forecast + Options Trading Strategies   OXY  Occidental Petroleum (0.01)


PDM Forecast + Options Trading Strategies   PDM  Piedmont Office Realty (0.01)


GLBE Forecast + Options Trading Strategies   GLBE  Global E Online (-0.01)



Anticorrelated Stock Forecasts

Assets that tend to move strongly against ENG



X Forecast + Options Trading Strategies   X  United States Steel (-0.92)


CHKP Forecast + Options Trading Strategies   CHKP  Check Point Software Technolgies (-0.92)


CBOE Forecast + Options Trading Strategies   CBOE  Cboe Global Markets (-0.92)


AMR Forecast + Options Trading Strategies   AMR  Alta Mesa Resources (-0.92)


UEC Forecast + Options Trading Strategies   UEC  Uranium Energy (-0.94)





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