In today’s Super Seasonals:Trade of the Week we will look at Teradyne Inc (TER).
Teradyne Inc designs, develops, manufactures, and sells automation equipment for test and industrial applications. It provides wireless test solutions for the development and manufacturing of wireless devices, including notebooks, laptops, tablets, computer peripherals, smartphones, and other Wi-Fi-enabled devices. The company’s solutions and services are used to test semiconductors, wireless products, data storage, and complex electronics systems in the consumer electronics, wireless, automotive, and aerospace and defense industries. It serves integrated device manufacturers, fabless companies, wafer foundries, semiconductor assembly, and test providers, manufacturers of circuit boards, and automotive companies. The company has business presence in the Americas, Asia Pacific, Europe, the Middle East, and Africa.
Seasonals Stats and Chart…
Below are the seasonal stats on Teradyne. Also a price chart, showing previous gap fill areas in the 143-145 price areas. That could be a decent upside target to consider. Historically the “average move up” is over 22% in the given seasonal period denoted. Based on current price levels, that could attempt to press toward the recent July high if seasonal history might imply anything.
Below is a 5-10 year zoom into the more recent seasonal data…there’s several excellent High Point moves…
Below is a 10 year backtest. Looking at the cumulative chart, it clearly sticks out that a historical move might be relevant to consider over the next 3.5 months…
As you likely know, there are literally dozens of solid ways to approach trading Teradyne Inc (TER) 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 to fully understand the risk before trading anything. It’s recommended to do your own research and consider consulting with a financial advisor before investing in any stock or options trade.
To learn more about seasonal information on other solid opportunities, click here SuperSeasonals .
Trade Smart,
Chad Shirley
