Summer months tend to be a weaker time for many stocks, however, Illumina does see some marginal seasonal gains over the summer months.
The seasonal pattern Illumina over the summer has seen an average of 2.24% return over the last 10 years between July 12 and the end of the month. The largest gain was in 2016 where Illumina saw a 14.54% rise. The largest loss was in 2014 with a -10.08% loss.
Will Illumina gain into the end of July again?
Major Trade Risks:
Any very bad news for Illumina stock can change this outlook.
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