Score 9.6 (out of 10): LIVE NATION ENTERTAINMENT IN poised to seasonally rally by +12.6% during the next 90 days.

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What’s Going On Here?

Summer is coming and festival season is going ‘live’ – LIVE NATION ENTERTAINMENT could be the beneficiary. ‘Wall Street’ sees +17% upside.

Why Now?

LIVE NATION ENTERTAINMENT IN indicates an interesting 90 days seasonal set up. During similar occasions, LIVE NATION ENTERTAINMENT IN shares had a median return of +12.6% – based on 9 historical occasions with 9 of those showing positive returns (100%). This buy signal for LIVE NATION ENTERTAINMENT IN received a high score of 9.6 (out of 10). This insight was generated with last price of 117.76.

What’s This Company About?

LIVE NATION ENTERTAINMENT IN is in the Theaters business. Based on the last 2 years’ risk/return profile, this asset is seen as Less Risky. Ticker symbol: LYV 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 132.62 (+12.6%) has been reached. Based on LIVE NATION ENTERTAINMENT IN’s recent up and down swings, LongShortBets suggests considering to set a stop loss level for this insight at 110.96 (last price at 117.76), which is equivalent to a – 5.8% 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:

14% (March- 2021), 11.2% (March-2020), 5.5% (March-2019), 15.1% (March-2018), 15.4% (March-2017), 7% (March- 2016), 15.2% (March-2015), 10.5% (March-2014), 20.1% (March-2013)

Historical Chart:

Summary:

NameLIVE NATION ENTERTAINMENT IN
ViewUp
Star (1 to 10)9.6
Target12.6%
Time90 days
Hit Rate100%

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