Check historical price trends and seasonality for Platinum Futures (NYMEX) (PL=F).
Platinum Futures (NYMEX) (PL=F) average YTD return over the past 10 years is +13.38%.
Over the past 10 years, the return for the specified period (Jun 29 for 30 days) is +4.23%.
4 wins 3 losses with a win rate of 57.14%.
1) Overview:
Platinum futures tend to experience a strong bullish phase from early January, gaining momentum through February, peaking around February 19 with an average gain of +4.8%. After this peak, the price tends to consolidate and decline slightly through March, reaching a low point on March 23 with -0.7%. The price then generally trends upwards through the rest of the year, with significant gains towards the end of December, particularly around December 28 (+18.2%) and December 31 (+13.3%).
2) Buy-the-dip points:
A potential buying opportunity arises in late March, specifically around March 23, after a slight pullback of -0.7% from the earlier highs. This dip could be attributed to profit-taking after the strong gains in January and February. Another potential buying opportunity exists in late December, specifically around December 29, after the peak on December 28 (+18.2%) and before the end of year rally on December 31 (+13.3%).
3) Summary:
Based on historical seasonality, a strategic approach to platinum futures might involve entering long positions in late March around March 23, capitalizing on the dip after the initial bullish run. Another entry point could be around December 29. It's crucial to consider other market factors and risk management strategies alongside these seasonal tendencies.
| Year | Start Date | Start Price | End Date | End Price | Return | Rate (%) |
|---|---|---|---|---|---|---|
| 2023 | 2023-06-29 | 897.8000 | 2023-07-28 | 937.6000 | 39.8000 | 4.43 |
| 2022 | 2022-06-29 | 910.8000 | 2022-07-28 | 871.9000 | -38.9000 | -4.27 |
| 2021 | 2021-06-29 | 1,067.5000 | 2021-07-28 | 1,056.1000 | -11.4000 | -1.07 |
| 2020 | 2020-06-29 | 816.8000 | 2020-07-28 | 977.9000 | 161.1000 | 19.72 |
| 2018 | 2018-06-29 | 852.4000 | 2018-07-28 | 826.4000 | -26.0000 | -3.05 |
| 2017 | 2017-06-29 | 919.0000 | 2017-07-28 | 933.2000 | 14.2000 | 1.55 |
| 2016 | 2016-06-29 | 1,011.3000 | 2016-07-28 | 1,135.6000 | 124.3000 | 12.29 |
| Avg | 925.0857 | 962.6714 | 37.59 | 4.23 |
| Day \ Month | Jan Total +2.58% | Feb Total -0.41% | Mar Total -1.17% | Apr Total +2.88% | May Total +0.30% | Jun Total -0.71% | Jul Total +2.36% | Aug Total -0.57% | Sep Total +0.08% | Oct Total +1.70% | Nov Total +0.74% | Dec Total +4.84% |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 Avg +0.01% | 0.00% | +0.33% | -0.03% | -0.61% | -1.07% | +0.50% | -0.24% | -0.54% | -0.25% | +0.11% | +1.43% | +0.55% |
| 2 Avg +0.03% | +0.29% | -0.34% | +0.10% | +0.35% | -0.16% | +0.06% | +0.24% | +0.25% | +0.01% | -0.18% | -0.03% | -0.17% |
| 3 Avg +0.20% | +0.71% | -0.41% | +0.59% | -0.21% | +0.35% | +0.04% | +0.06% | 0.00% | +0.44% | +0.41% | -0.24% | +0.64% |
| 4 Avg +0.08% | +0.25% | +0.14% | +0.37% | +0.13% | +0.15% | -0.08% | +0.08% | +0.68% | -0.26% | -0.26% | +0.02% | -0.21% |
| 5 Avg +0.02% | +1.06% | +0.55% | -0.37% | -0.48% | +0.21% | +0.23% | -0.03% | -0.46% | -0.17% | -0.28% | +0.50% | -0.54% |
| 6 Avg +0.03% | -0.70% | -0.21% | +0.52% | +0.29% | +0.39% | +0.86% | +0.02% | -0.13% | +0.26% | +0.08% | -0.41% | -0.58% |
| 7 Avg -0.06% | +0.50% | -0.53% | -0.80% | +0.22% | +0.29% | -0.80% | +0.52% | +0.08% | -0.27% | -0.17% | 0.00% | +0.29% |
| 8 Avg +0.19% | -0.62% | +1.01% | +0.26% | +0.70% | +0.23% | +0.24% | +0.34% | -0.08% | -0.13% | +0.39% | -0.02% | -0.08% |
| 9 Avg -0.14% | -0.01% | -0.24% | -0.55% | +0.29% | -0.27% | -0.09% | -0.42% | -0.21% | +0.26% | +0.37% | -0.80% | 0.00% |
| 10 Avg +0.27% | -0.11% | +0.30% | +0.29% | -0.25% | +0.84% | -0.34% | +0.55% | +1.15% | +0.12% | +0.08% | +0.74% | -0.15% |
| 11 Avg +0.11% | -0.36% | -0.01% | +0.26% | +0.69% | +0.28% | +0.12% | +0.12% | -0.04% | +0.12% | -0.01% | -0.52% | +0.65% |
| 12 Avg -0.05% | +0.35% | +0.47% | -0.79% | +0.15% | -1.46% | -0.05% | +0.37% | -0.07% | +0.74% | -0.58% | -0.13% | +0.42% |
| 13 Avg +0.00% | +0.15% | -0.14% | +0.44% | +0.52% | -0.17% | -1.40% | +0.20% | -0.18% | -0.11% | +0.76% | +0.23% | -0.28% |
| 14 Avg -0.05% | -0.52% | +0.03% | -0.74% | +1.10% | +0.37% | +0.01% | -0.53% | -0.59% | +0.29% | +0.23% | -0.56% | +0.25% |
| 15 Avg -0.05% | -0.12% | +0.11% | -0.66% | -0.15% | +0.80% | -0.38% | +0.33% | -0.83% | +0.26% | +0.01% | +0.49% | -0.50% |
| 16 Avg +0.14% | -0.19% | +0.78% | -0.81% | -0.16% | -0.34% | +0.89% | -0.18% | +0.31% | -0.79% | +0.69% | +0.28% | +1.22% |
| 17 Avg 0.00% | +0.12% | +0.03% | +0.71% | +0.01% | +0.68% | -1.09% | +0.43% | -0.36% | -0.51% | -0.61% | -0.16% | +0.69% |
| 18 Avg +0.02% | +0.11% | +0.08% | -1.14% | +0.61% | -0.21% | +0.08% | +0.06% | +0.28% | +0.27% | -0.29% | +0.09% | +0.29% |
| 19 Avg -0.02% | +0.42% | +0.22% | -0.36% | -0.12% | +0.42% | +0.02% | -0.77% | -0.87% | +0.75% | -0.18% | +0.21% | +0.02% |
| 20 Avg +0.21% | +0.57% | -0.04% | +0.51% | +0.20% | +0.69% | -0.22% | -0.02% | +0.27% | -0.31% | +0.85% | -0.39% | +0.35% |
| 21 Avg 0.00% | -0.15% | -0.27% | +0.09% | -0.27% | -0.62% | +0.08% | +1.43% | +0.35% | -0.30% | -0.51% | +0.66% | -0.51% |
| 22 Avg -0.01% | -0.24% | +0.29% | -0.48% | -0.78% | +0.17% | +0.14% | +0.18% | -0.33% | +0.43% | +0.26% | -0.34% | +0.61% |
| 23 Avg +0.10% | +0.18% | -0.06% | -0.31% | +0.40% | -0.44% | -0.07% | -0.27% | +0.31% | -0.31% | +0.93% | -0.94% | +1.79% |
| 24 Avg +0.06% | +0.56% | -0.54% | +1.05% | -0.67% | -0.13% | +0.01% | +0.17% | -0.19% | -0.07% | -0.08% | +0.65% | +0.04% |
| 25 Avg -0.09% | +0.02% | -0.84% | +0.52% | -0.46% | -0.17% | +0.03% | -0.30% | -0.18% | -0.06% | +0.67% | -0.35% | +0.02% |
| 26 Avg +0.15% | +0.33% | -0.82% | +0.11% | +0.33% | +0.10% | +1.02% | -0.10% | -0.13% | +0.15% | -0.27% | -0.08% | +1.17% |
| 27 Avg -0.18% | -0.78% | +0.44% | -0.08% | +0.14% | -0.19% | -0.96% | +0.01% | +0.40% | -0.67% | -0.17% | -0.42% | +0.10% |
| 28 Avg +0.14% | -0.40% | -0.73% | -0.75% | +0.35% | +0.06% | +0.21% | +0.47% | +0.71% | +0.82% | -0.28% | +1.11% | +0.11% |
| 29 Avg +0.07% | +0.31% | - | +0.09% | +0.84% | -0.08% | -0.13% | +0.38% | +0.60% | +0.05% | 0.00% | +0.22% | -1.54% |
| 30 Avg -0.11% | +0.56% | - | +0.05% | -0.28% | -0.46% | +0.36% | -0.86% | -0.69% | -0.67% | +0.31% | -0.49% | +0.91% |
| 31 Avg -0.02% | +0.32% | - | +0.74% | - | +0.03% | - | +0.12% | -0.09% | - | -0.56% | - | -0.72% |
| Rank | Stock | Avg Return (%) | Wins | Losses |
|---|
