Out of 18 events observed, the price really dropped 6 times, by about 12.7 % on average.
The current price of $14.99 matches the lowest point recorded over the past 365 days, which is 52% below the usual reference price of $31.38. The 365-day high reached $54.80, showing a wide gap between the extremes tracked over the year.
This level isn't an isolated event: four drops below the $31.38 threshold occurred over the year, each lasting a median of 32 days, recurring roughly every 127 days. The current drop has been running for 10 days, with about 22 days likely remaining based on the typical pattern. Still, the price stays quite jumpy, changing on average every 4 days, even during commercial events, where a real discount showed up only 6 times out of 18, averaging 12.7%.
To take advantage of this dip, acting within the coming weeks looks reasonable, since the cycle suggests prices climb back up after three to four weeks. Waiting for a future Prime Big Deals event is an option too, but historically those have only delivered around 9.8% off, well short of the current discount level.