Score 8.8 (out of 10): NXP SEMICONDUCTORS sets up for +15.6% rally in 3 months

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What’s Going On Here?

NXP Semiconductors has presented at Morgan Stanley Tech Conference. Previously, NXP revealed during an earnings call that chip shortages were so bad that many customers were willing to sign multi-year NCNR contracts simply to secure supplies.

Why Now?

NXP SEMICONDUCTORS NV has triggered a new technical analysis ‘rally reversal’ signal. During similar occasions, NXP SEMICONDUCTORS NV shares had a median return of +15.6%, over the following 3 months – based on 10 historical occasions with 9 of those showing positive returns (90%). This buy signal for NXP SEMICONDUCTORS NV received a high score of 8.8 (out of 10). This insight was generated on 2022-March-17 with last price of 189.77.

What’s This Company About?

NXP SEMICONDUCTORS NV is in the Semicon Compo-Intg Circu business. Based on the last 2 years’ risk/return profile, this asset is seen as Moderate Risk. ‘Wall Street’ analysts think the stock price will be worth +31% (average). Ticker symbol: NXPI US.

What’s My Risk / Reward and Time Horizon?

We found 3 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 219.37 (+15.6%) has been reached. Based on NXP SEMICONDUCTORS NV’s recent up and down swings, LongShortBets suggests considering to set a stop loss level for this insight at 176.37 (last price at 189.77), which is equivalent to a -7.1% decline.rns (90%). This buy signal for VISA INC-CLASS A SHARES received a high score of 8.9 (out of 10). This insight was generated on 2022-March-17 with last price of 213.45.

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’ under (2), etc.

Previous episodes:

8.9% (September-2021), -1.1% (July-2021), 10.6% (May-2021), 39% (September-2020), 48.8% (April-2020), 18.1% (August-2019), 14.2% (June-2019), 10.4% (March- 2019), 30.1% (January-2019), 17% (October-2018).

Historical Chart:

Summary:

NameNXP SEMICONDUCTORS NV
ViewUp
Star (1 to 10)8.8
Target+15.6%
Time3 months
Hit Rate90%

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