Score 9.2 (out of 10): AMAZON poised to seasonally rally by +4.3% during the month of July

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What’s Going On Here?

AMAZON.COM indicates an interesting seasonal (monthly for July) set up. During similar occasions, AMAZON.COM shares had a median return of +4.3%, over the following 1 month – based on 9 historical occasions with 9 of those showing positive returns (100%). This buy signal for AMAZON.COM received a high score of 9.2 (out of 10). This insight was generated with last price of 130.36.

AMAZON.COM is in the E-Commerce/Products sector. 4121.97900390625 Based on the last 2 years’ risk/return profile, this asset is seen as Very Risky. Ticker symbol: AMZN US.

Previous Signal Returns:

12.9% (July-2022), 3.9% (July-2021), 15.6% (July-2020), 4% (July-2019), 3.8% (July-2018), 2.7% (July-2017), 4.3% (July-2016), 11.8% (July-2015), 10.2% (July-2014)

We found 1 month 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 135.91 (+4.3%) has been reached. Based on AMAZON.COM’s recent up and down swings, LongShortBets suggests considering to set a stop loss level for this insight at 126.06 (last price at 130.36), which is equivalent to a -3.3% decline.

Historical Chart:

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