Best Seasonal Swing Patterns for February 16, 2024
Daily Seasonal Swing Trade of the Day
February 16th has quite a few seasonal trading opportunities on the watchlist. $MDU has closed higher 10 of the last 10
(100.00%) years from February 16th to February 17th. $MDU has averaged 1.67%
over the period with a maximum percent gain of 5.04% in 2016 and a minimum
return of 0.25% in 2018. $MDU has been higher 10 years in a row from February 16th to February 17th.
Win: 100.00%
Avg: 1.67%
Max: 5.04%
Min: 0.25%
A few other tickers have been profitable around this trading day as well. $CL has closed higher 10 of the last 10 (100.00%) times
from February 16th to February 17th including 12 years in a row. $PNW
has closed higher 12 of last 12 (100.00%) times from February 16th to
February 18th including 9 years in a row .
Not identified as one of our best trades but certainly noteworthy, $RJF has closed higher 9 of the last 9 (100.00%) times from February 16th to February 16th.
Intraday Seasonal Trades for February 16th
A couple interesting seasonal trades for Friday include $PWSC and $EVR. From 10:00 to 10:30, $PWSC has closed
higher 21 of the last 34 days or 61.76% of the time. $EVR has closed
higher 22 of the last 36 days or 61.11% from 09:30 to 10:00.
Always good to keep an eye on $DGRW which has closed higher 60.61% of the time from 10:00 to 10:30 over the last 33
days. The average return over this period is -0.02%.
Here are a few winning seasonal trades from February 15
A trade entered on February 9th at 80.68 and exited on
February 15th at 81.46 returned 0.97% on a strong seasonal pattern in
$TKR. The symbol has now traded higher 15 of the last 15 years with an
average return of 3.10% over that period.
Win: 100.00%
Avg: 3.10%
Max: 6.66%
Min: 0.97%
The seasonal swing in $IWP also exited on February 15th for
a win of 1.24%. The seasonal pattern entered on has been February 9th correct 15 of the last 15
years. The seasonal pattern has been correct 15 of the last 15 years including 15 years in a row.
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