Score 9.2 (out of 10): PAYPAL poised to seasonally rally by +9.8% during the next 30 days.

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What’s Going On Here?

PayPal to Allow Exchange of Cryptos with External Wallets. The feature is available for select US users in the first instance.

Why Now?

PAYPAL HOLDINGS INC indicates an interesting 30 days seasonal set up. During similar occasions, PAYPAL HOLDINGS INC shares had a median return of +9.8% – based on 6 historical occasions with 6 of those showing positive returns (100%). This buy signal for PAYPAL HOLDINGS INC received a high score of 9.2 (out of 10). This insight was generated with last price of 77.68.

What’s This Company About?

PAYPAL HOLDINGS INC is in the Commercial Serv-Finance business. Based on the last 2 years’ risk/return profile, this asset is seen as Very Risky. Ticker symbol: PYPL US.

What’s My Risk / Reward and Time Horizon?

We found 30 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 85.31 (+9.8%) has been reached. Based on PAYPAL HOLDINGS INC’s recent up and down swings, LongShortBets suggests considering to set a stop loss level for this insight at 71.18 (last price at 77.68), which is equivalent to a -8.4% 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:

9.8% (June-2021), 14.8% (June-2020), 7.4% (June-2019), 12.5% (June-2018), 14.2% (June-2017), 2.6% (June-2016)

Historical Chart:

Summary:

NamePAYPAL HOLDINGS INC
ViewUp
Star (1 to 10)9.2
Target9.8%
Time30 days
Hit Rate100%

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