Score 9.4 (out of 10): SPDR S&P 500 ETF TRUST poised to seasonally rally by +4% during the next 90 days.

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What’s Going On Here?

The S&P 500 Index is composed of five hundred selected stocks, all of which are listed on national stock exchanges and span over 25 separate industry groups.

Why Now?

SPDR S&P 500 ETF TRUST indicates an interesting 90 days seasonal set up. During similar occasions, SPDR S&P 500 ETF TRUST shares had a median return of +4% – based on 9 historical occasions with 9 of those showing positive returns (100%). This buy signal for SPDR S&P 500 ETF TRUST received a high score of 9.4 (out of 10). This insight was generated with last price of 414.45.

What’s This Company About?

SPDR S&P 500 ETF TRUST is in the Growth&Income-Large Cap business. Based on the last 2 years’ risk/return profile, this asset is seen as Moderate Risk. Ticker symbol: SPY 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 431.1 (+4%) has been reached. Based on SPDR S&P 500 ETF TRUST’s recent up and down swings, LongShortBets suggests considering to set a stop loss level for this insight at 402.85 (last price at 414.45), which is equivalent to a -2.8% 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:

4.9% (September-2021), 5.9% (September-2020), 2.2% (September-2019), 3.8% (September-2018), 1.7% (September-2017), 6.4% (September-2016), 1.8% (September-2015), 5.6% (September-2014), 4.2% (September-2013)

Historical Chart:

Summary:

NameSPDR S&P 500 ETF TRUST
ViewUp
Star (1 to 10)9.4
Target4%
Time90 days
Hit Rate100%

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