Score 9 (out of 10): HEALTH CARE SELECT SECTOR poised to seasonally rally by +6.3% during the next 90 days.

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What’s Going On Here?

The Health Care Select Sector SPDR Fund Breaks Above 200-Day Moving Average.

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 +6.3% – based on 9 historical occasions with 8 of those showing positive returns (89%). This buy signal for HEALTH CARE SELECT SECTOR received a high score of 9 (out of 10). This insight was generated with last price of 131.36.

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 Moderate Risk. 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 139.6 (+6.3%) 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 128.76 (last price at 131.36), which is equivalent to a -2% 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:

1.4% (September-2021), 7.1% (September-2020), -2.2% (September-2019), 9.7% (September-2018), 5.4% (September-2017), 7.2% (September-2016), 7.5% (September-2015), 7.6% (September-2014), 4% (September-2013), 2.9% (September-2012)

Historical Chart:

Summary:

NameHEALTH CARE SELECT SECTOR
ViewUp
Star (1 to 10)9
Target6.3%
Time90 days
Hit Rate90%

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