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Bullish Case: TGNA's recent strategic investments in digital media and broadcasting could drive revenue growth despite its historical price declines, potentially re-attracting investor interest and pushing the stock up.


Bearish Case: Persistently low trading volume, recent significant underperformance relative to historical prices, and ongoing decreases in stock price highlight investor skepticism and potential further declines.


Potential Outcomes:

1. 60% chance of continued decline driven by low trading volume and bearish trends.

2. 30% possibility of stabilization if strategic investments show early results.

3. 10% chance of significant recovery on unexpected news or market conditions.


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April 19, 2024


TEGNA Forecast

TGNA        TEGNA
Price Forecast: BEARISH    Price Action: RANDOM (?)






Correlated Stock Forecasts

Assets that tend to move strongly with TGNA



AUPH Forecast + Options Trading Strategies   [AUPH]  Aurinia Pharmaceuticals (0.85)


PTON Forecast + Options Trading Strategies   [PTON]  Peloton Interactive (0.84)


BCE Forecast + Options Trading Strategies   [BCE]  BCE (0.84)


BMBL Forecast + Options Trading Strategies   [BMBL]  Bumble (0.84)


ADC Forecast + Options Trading Strategies   [ADC]  Agree Realty (0.83)



Uncorrelated Stock Forecasts

Assets with little price relationship to TGNA



SIX Forecast + Options Trading Strategies   [SIX]  Six Flags Entertainment (-0.0)


TSCO Forecast + Options Trading Strategies   [TSCO]  Tractor Supply (-0.0)


BUD Forecast + Options Trading Strategies   [BUD]  Anheuser-Busch (-0.0)


QSR Forecast + Options Trading Strategies   [QSR]  Restaurant Brands International (-0.0)


ACI Forecast + Options Trading Strategies   [ACI]  Albertsons Companies (-0.0)



Anticorrelated Stock Forecasts

Assets that tend to move strongly against TGNA



LFMD Forecast + Options Trading Strategies   [LFMD]  LifeMD (-0.73)


SFM Forecast + Options Trading Strategies   [SFM]  Sprouts Farmers Market (-0.75)


IMO Forecast + Options Trading Strategies   [IMO]  Imperial Oil (-0.76)


YCS Forecast + Options Trading Strategies   [YCS]  ProShares UltraShort Yen (-0.77)


EUO Forecast + Options Trading Strategies   [EUO]  ProShares UltraShort Euro (-0.8)





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