Score 8.5 (out of 10): ZEBRA TECH poised to seasonally rally by +15.5% during the next 90 days.

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What’s Going On Here?

ZEBRA TECH, is a producer of printers for bar codes, plastic cards and radio-frequency identification. In December, the company made an investment in retail returns platform Optoro’s $25m funding round.

Why Now?

ZEBRA TECHNOLOGIES CORP-CL A indicates an interesting 90 days seasonal set up. During similar occasions, ZEBRA TECHNOLOGIES CORP-CL A shares had a median return of +15.5% – based on 10 historical occasions with 9 of those showing positive returns (90%). This buy signal for ZEBRA TECHNOLOGIES CORP-CL A received a high score of 8.5 (out of 10). This insight was generated with last price of 538.44.

What’s This Company About?

ZEBRA TECHNOLOGIES CORP-CL A is in the Office Automation&Equip business. Based on the last 2 years’ risk/return profile, this asset is seen as Less Risky. ‘Wall Street’ analysts think the stock price will be worth 16.8% more (average). Ticker symbol: ZBRA US.

What’s My Risk / Reward and Time Horizon?

We found 90 days to be the optimal trade horizon, after testing a number of possible alternatives (accuracy of previous returns). Otherwise consider closing out this trade once the target level of 622.16 (+15.5%) has been reached. Based on ZEBRA TECHNOLOGIES CORP-CL A’s recent up and down swings, LongShortBets suggests considering to set a stop loss level for this insight at 498.04 (last price at 538.44), which is equivalent to a -7.5% decline.

Returns during similar periods:

The chart above shows the previous returns (in %) based on similar setups with the most recent ‘insight’ shown under (1), the second most recent ‘insight’ shown under (2), etc. 

Previous episodes:

22.7% (January-2022), -15.8% (January-2021), 32.6% (January-2020), 17.3% (January-2019), 9.8% (January-2018), 13.8% (January-2017), 17.5% (January-2016), 25.4% (January-2015), 9.9% (January-2014), 11.7% (January-2013)

Historical Chart:

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Summary:

NameZebra Tech
ViewUp
Star (1 to 10)8.5
Target+15.5%
Time90 days
Hit Rate90%

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