Score 9.4 (out of 10): HEALTH CARE SELECT SECTOR poised to seasonally rally by +5.1% during the next 90 days.

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What’s Going On Here?

Health care stocks appear to be a very stable investment with the demographic tailwind.

Why Now?

HEALTH CARE SELECT SECTOR indicates an interesting 90 days seasonal set up. During similar occasions, HEALTH CARE SELECT SECTOR shares had a median return of +5.1% – based on 9 historical occasions with 9 of those showing positive returns (100%). This buy signal for HEALTH CARE SELECT SECTOR received a high score of 9.4 (out of 10). This insight was generated with last price of 130.74.

What’s This Company About?

HEALTH CARE SELECT SECTOR is in the Health & Biotechnology business. Based on the last 2 years’ risk/return profile, this asset is seen as Less Risky. Ticker symbol: XLV 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 137.39 (+5.1%) has been reached. Based on HEALTH CARE SELECT SECTOR’s recent up and down swings, LongShortBets suggests considering to set a stop loss level for this insight at 127.34 (last price at 130.74), which is equivalent to a -2.6% 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:

6.7% (July-2021), 2% (July-2020), 2.3% (July-2019), 7.5% (July- 2018), 5.4% (July-2017), 5.4% (July-2016), 4.2% (July-2015), 4.8% (July-2014), 9.2% (July-2013)

Historical Chart:

Summary:

NameHEALTH CARE SELECT SECTOR
ViewUp
Star (1 to 10)9.4
Target5.1%
Time90 days
Hit Rate100%

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