In today’s Super Seasonals: Trade of the Week we will look at Hershey Food Corp (HSY).
Below are the seasonal stats on Hershey Food Corp since 1987.
89% of the time the stock has gone up over the next 3 weeks. This might be a seasonal pop into the Valentines holiday.
The average move up is 5%. That’s a nice little move in 3 weeks, and it actually continues higher for a couple of more months historically, more on that later.
From a recency bias standpoint, the past 5-10 years have solid seasonal stats, which might signal that a seasonal tendency is still a valid consideration.
Below is a 10-year backtest, if someone were to invest $1,000 into purchasing shares of the stock…it signifies credible evidence that a seasonal edge might be warranted.
In the past 5 years the stock has had a nice little bullish tendency over the coming months, so if a reader has bullish strategies that they like to apply, the seasonal odds are in their favor.
As you likely know, there are literally dozens of solid ways to approach trading Hershey Food Corp (HSY) with a bullish bias. The decision of how to best invest in the stock or trade the options is an individualized decision, unfortunately there is no one best way. Keep in mind that seasonality is about probabilities, not certainties. Please remember, do your homework, and fully understand the risk before trading anything.
To learn more about seasonal information on Hershey Food Corp (HSY) and other solid seasonal opportunities click here SuperSeasonals.
