Best Seasonal Swing Trades for March 23, 2023
Daily Seasonal Swing Trade of the Day
March 23rd has quite a few seasonal trading opportunities on the watchlist. $HES has closed higher 9 of the last 9
(100.00%) years from March 23rd to April 11st. $HES has averaged 9.61%
over the period with a maximum percent gain of 17.07% in 2020 and a minimum
return of 0.11% in 2017. $HES has been higher 9 years in a row from March 23rd to April 11st.
Win: 100.00%
Avg: 9.61%
Max: 17.07%
Min: 0.11%
A few other tickers have been profitable around this trading day as well. $PVH has closed higher 15 of the last 15 (100.00%) times
from March 23rd to March 24th including 9 years in a row. $AGCO
has closed higher 9 of last 9 (100.00%) times from March 23rd to
April 11st including 10 years in a row .
Not identified as one of our best trades but certainly noteworthy, $TDS has closed higher 10 of the last 10 (100.00%) times from March 23rd to April 5th.
Intraday Seasonal Trades for March 23rd
A couple interesting seasonal trades for Thursday include $PROMBUSD and $NATI. From 23:30 to 00:00, $PROMBUSD has closed
higher 26 of the last 35 days or 74.29% of the time. $NATI has closed
higher 22 of the last 31 days or 70.97% from 09:30 to 10:00.
Always good to keep an eye on $ITGR which has closed higher 70.27% of the time from 10:00 to 10:30 over the last 37
days. The average return over this period is 0.32%.
Here are a few winning seasonal trades from March 22
A trade entered on March 20th at 28.30 and exited on
March 22nd at 28.64 returned 1.20% on a strong seasonal pattern in
$WMB. The symbol has now traded higher 6 of the last 6 years with an
average return of 2.05% over that period.
Win: 100.00%
Avg: 2.05%
Max: 6.56%
Min: 0.17%
The seasonal swing in $ILMN also exited on March 22nd for
a win of 11.94%. The seasonal pattern entered on has been March 13rd correct 5 of the last 5
years. The seasonal pattern has been correct 5 of the last 5 years including 5 years in a row.
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