Score 8.7 (out of 10): KEYSIGHT TECH sets up for +11.1% rally in 2 months

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What’s Going On Here?

KEYSIGHT offers electronic measurement services. The company was just selected by Chunghwa Telecom to accelerate verification of open radio access network (ORAN) equipment. Chunghwa is Taiwan’s largest integrated telecom services company.

Why Now?

KEYSIGHT TECHNOLOGIES IN has triggered a new high volatility signal (2 month). During similar occasions, KEYSIGHT TECHNOLOGIES IN shares had a median return of +11.1%, over the following 2 months – based on 10 historical occasions with 8 of those showing positive returns (80%). This buy signal for KEYSIGHT TECHNOLOGIES IN received a high score of 8.7 (out of 10). This insight was generated on 2022-January-11 with last price of 191.7.

What’s This Company About?

KEYSIGHT TECHNOLOGIES IN is in the Electronic Measur Instr 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 8.2% more (average). Ticker symbol: KEYS US

What’s My Risk / Reward and Time Horizon?

We found 2 months 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 212.97 (+11.1%) has been reached. Based on KEYSIGHT TECHNOLOGIES IN’s recent up and down swings, LongShortBets suggests considering to set a stop loss level for this insight at 179.7 (last price at 191.7), which is equivalent to a -6.3% 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:

8.5% (March-2020), 8.1% (August-2019), 12.6% (May-2019), 25% (January-2019), 18.3% (November-2018), 8.4% (July-2018), 12.9% (April-2018), 9.6% (February-2018), -1.4% (May-2016), -3.8% (August-2015).

Historical Chart:

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Summary:

NameKeysight Technologies
ViewUp
Star (1 to 10)8.7
Target+11.1%
Time2 months
Hit Rate80%

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