Score 9.1 (out of 10): SPDR S&P HOMEBUILDERS ETF poised to rally +4.6% within 1 month

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Insight:

SPDR S&P HOMEBUILDERS ETF indicates an interesting 1 month seasonal set up. During similar occasions, SPDR S&P HOMEBUILDERS ETF shares had a median return of +4.6%, over the following 1 month – based on 10 historical occasions with 10 of those showing positive returns (100%). This buy signal for SPDR S&P HOMEBUILDERS ETF received a high score of 9.1 (out of 10).

Details:

NameSPDR S&P HOMEBUILDERS ETF
ViewUp
Star (1 to 10)9.1
Target+4.6%
Time1 month
Hit Rate100%

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:

6.2% (November-2021), 1.1% (November-2020), 9.9% (November-2019), 6.5% (November-2018), 6% (November-2017), 2.9% (November-2016), 7.5% (November-2015), 1.9% (November-2014), 3.2% (November-2013), 0.4% (November-2012)

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