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Bullish Case: RPD has recovered 21.5% over the past year [Helium], indicating resilience. If the negative perception of their dispute with JetBrains is resolved [The Register], it could propel a bullish sentiment.


Bearish Case: Persistent long-term downtrend [Helium], recent price action suggests weakness [Helium], and high implied volatility indicates investor uncertainty [Helium]. RPD may continue to face selling pressure.


Potential Outcomes: Technical breakout, 30%. Continued downtrend, 50%. Volatility spike due to JetBrains saga, 20%. Price influenced by overall market sentiment and resolution of public disputes.


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March 27, 2024


Rapid7 Forecast

RPD        Rapid7
Price Forecast: NEUTRAL    Price Action: MEAN REVERTING (?)






Correlated Stock Forecasts

Assets that tend to move strongly with RPD



AKAM Forecast + Options Trading Strategies   [AKAM]  Akamai (0.83)


PDD Forecast + Options Trading Strategies   [PDD]  Pinduoduo (0.82)


TAL Forecast + Options Trading Strategies   [TAL]  TAL Education (0.8)


AMGN Forecast + Options Trading Strategies   [AMGN]  AMGEN (0.8)


S Forecast + Options Trading Strategies   [S]  Sprint (0.8)



Uncorrelated Stock Forecasts

Assets with little price relationship to RPD



GFI Forecast + Options Trading Strategies   [GFI]  Gold Fields (-0.0)


HZO Forecast + Options Trading Strategies   [HZO]  Marinemax (0.0)


GILD Forecast + Options Trading Strategies   [GILD]  Gilead Sciences (0.0)


JWN Forecast + Options Trading Strategies   [JWN]  Nordstrom (-0.0)


NCLH Forecast + Options Trading Strategies   [NCLH]  Norwegian Cruise Line (-0.01)



Anticorrelated Stock Forecasts

Assets that tend to move strongly against RPD



MESO Forecast + Options Trading Strategies   [MESO]  Mesoblast (-0.79)


GUSH Forecast + Options Trading Strategies   [GUSH]  Direxion Daily S&P Oil & Gas Exp. & Prod. (-0.79)


HRL Forecast + Options Trading Strategies   [HRL]  Hormel Foods (-0.8)


TMV Forecast + Options Trading Strategies   [TMV]  Direxion Daily 20+ Year Treasury Bear 3X Shares (-0.81)


LAC Forecast + Options Trading Strategies   [LAC]  Lithium Americas (-0.82)





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