This week Airbus has upgraded its 20 year demand forecast which is led by wide body craft. They see the following:
33.51K single-aisle craft, +3% from the previous forecast
42.43K aircraft - +4% from the previous forecast
8920K wide-bodied craft, +9% from the previous forecast
42.23K passenger and freighter craft on 2043 vs 24.26K in 2023 Including 940 freighters and 7980 passenger jets
Seasonally there is a period of strength ahead for Airbus into the second half of July. Over the last 25 years Airbus shares have risen 68% of the time for an average gain of 3.45%. The largest gain was 18.50% and the biggest drop was -18.15% in 2011.
This large fall was unusually large and if you remove this year from the seasonal data you can see that it bumps the pattern up considerably to have an average rise of 4.46%.
Technically, Airbus shares are trying to find support around the 200EMA on the weekly chart. Will this prove to be a turning point? Trade risks Previous seasonal patterns do not guarantee future seasonal patterns performance.
Disclaimer: Past results and past seasonal patterns are no indication of future performance, in particular, future market trends. seasonax GmbH neither recommends nor approves of any particular ...
Disclaimer: Past results and past seasonal patterns are no indication of future performance, in particular, future market trends. seasonax GmbH neither recommends nor approves of any particular financial instrument, group of securities, segment of industry, analysis interval or any particular idea, approach, strategy or attitude nor provides consulting nor brokerage nor asset management services. seasonax GmbH hereby excludes any explicit or implied trading recommendation, in particular, any promise, implication or guarantee that profits are earned and losses excluded, provided, however, that in case of doubt, these terms shall be interpreted in abroad sense. Any information provided by seasonax GmbH or on this website or any other kind of data media shall not be construed as any kind of guarantee, warranty or representation, in particular as set forth in a prospectus. Any user is solely responsible for the results or the trading strategy that is created, developed or applied. Indicators, trading strategies and functions provided by seasonax GmbH or on this website or any other kind of data media may contain logical or other errors leading to unexpected results, faulty trading signals and/or substantial losses. seasonax GmbH neither warrants nor guarantees the accuracy, completeness, quality, adequacy or content of the information provided by it or on this website or any other kind of data media. Any user is obligated to comply with any applicable capital market rules of the applicable jurisdiction. All published content and images on this website or any other kind of data media are protected by copyright. Any duplication, processing, distribution or any form of utilisation beyond the scope of copyright law shall require the prior written consent of the author or authors in question. Futures and forex trading contains substantial risk and is not for every investor. An investor could potentially lose all or more than the initial investment. Risk capital is money that can be lost without jeopardizing ones’ financial security or lifestyle. Only risk capital should be used for trading and only those with sufficient risk capital should consider trading. Past performance is not necessarily indicative of future results. Testimonials appearing on this website may not be representative of other clients or customers and is not a guarantee of future performance or success.
