Score 8.9 (out of 10): CONSTELLATION BRANDS poised to seasonally rally by +8.9% during the next 90 days.

72

What’s Going On Here?

CONSTELLATION BRANDS will announce quarterly earnings on April 14. The street is expecting that the company will announce sales of $2.02bn for the current fiscal quarter – which would suggest a YoY growth rate of +3.6%.

Why Now?

CONSTELLATION BRANDS INC-A indicates an interesting 90 days seasonal set up. During similar occasions, CONSTELLATION BRANDS INC-A shares had a median return of +8.9% – based on 9 historical occasions with 9 of those showing positive returns (100%). This buy signal for CONSTELLATION BRANDS INC-A received a high score of 8.9 (out of 10). This insight was generated with last price of 215.82.

What’s This Company About?

CONSTELLATION BRANDS INC-A is in the Brewery business. Based on the last 2 years’ risk/return profile, this asset is seen as Moderate Risk. Ticker symbol: STZ 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 234.95 (+8.9%) has been reached. Based on CONSTELLATION BRANDS INC-A’s recent up and down swings, LongShortBets suggests considering to set a stop loss level for this insight at 209.92 (last price at 215.82), which is equivalent to a -2.7% 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’ under (2), etc.

Previous episodes:

10.2% (March-2021), 7.5% (March-2020), 16.8% (March-2019), 0.9% (March- 2018), 12.9% (March-2017), 11.6% (March-2016), 3.4% (March-2015), 3% (March-2014), 17.7% (March-2013)

Historical Chart:

Summary:

NameCONSTELLATION BRANDS INC-A
ViewUp
Star (1 to 10)8.9
Target+8.9%
Time90 days
Hist Rate100%

———————————————————————


Leave a Reply