Score 9 (out of 10): SEA LTD-ADR poised to seasonally rally by +35.6% during the next 60 days.

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What’s Going On Here?

Sea Limited is a tech conglomerate headquartered in Singapore. Shopee, the e-commerce arm of US- listed Sea Limited, has announced that it is pulling out of Spain.

Why Now?

SEA LTD-ADR indicates an interesting 60 days seasonal set up. During similar occasions, SEA LTD- ADR shares had a median return of +35.6% – based on 4 historical occasions with 4 of those showing positive returns (100%). This buy signal for SEA LTD-ADR received a high score of 9 (out of 10). This insight was generated with last price of 80.47.

What’s This Company About?

SEA LTD-ADR is in the E-Commerce/Products business. Based on the last 2 years’ risk/return profile, this asset is seen as Very Risky. Ticker symbol: SE US.

What’s My Risk / Reward and Time Horizon?

We found 60 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 109.15 (+35.6%) has been reached. Based on SEA LTD-ADR’s recent up and down swings, LongShortBets suggests considering to set a stop loss level for this insight at 69.77 (last price at 80.47), which is equivalent to a -13.3% 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:

13.6% (June-2021), 44.1% (June-2020), 35.6% (June-2019), 39.2% (June-2018)

Historical Chart:

Summary:

NameSEA LTD-ADR
ViewUp
Star (1 to 10)9.0
Target35.6%
Time60 days
Hit Rate100%

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