Our Signals help define rules-based Trading Plans predicated on the Basic Rules of Tehnical Analysis. Take a trial, review our Index ETF Signals, macro, more...
December 22, 2024, 21:24 pm ET, BY Bill T.- Contributor| Editor: Thomas H. Kee Jr. (Follow on LinkedIn)
The technical summary data tells us to buy STC near 69.39 with an upside target of 74.1. This data also tells us to set a stop loss @ 69.19 to protect against excessive loss in case the stock begins to move against the trade. 69.39 is the first level of support below 70 , and by rule, any test of support is a buy signal. In this case, support 69.39 would be being tested, so a buy signal would exist.
The technical summary data is suggesting a short of STC as it gets near 74.1 with a downside target of 69.39. We should have a stop loss in place at 74.31though. 74.1 is the first level of resistance above 70, and by rule, any test of resistance is a short signal. In this case, if resistance 74.1 is being tested, so a short signal would exist.
If 72.24 begins to break higher, the technical summary data tells us to buy STC just slightly over 72.24, with an upside target of 74.1. The data also tells us to set a stop loss @ 72.03 in case the stock turns against the trade. 72.24 is the first level of resistance above 70, and by rule, any break above resistance is a buy signal. In this case, 72.24, initial resistance, would be breaking higher, so a buy signal would exist. Because this plan is based on a break of resistance, it is referred to as a Long Resistance Plan.
The technical summary data is suggesting a short of STC if it tests 72.24 with a downside target of 69.39. We should have a stop loss in place at 72.45 though in case the stock begins to move against the trade. By rule, any test of resistance is a short signal. In this case, if resistance, 72.24, is being tested a short signal would exist. Because this plan is a short plan based on a test of resistance it is referred to as a Short Resistance Plan.
If 72.24 begins to break higher, the technical summary data tells us to buy STC just slightly over 72.24, with an upside target of 74.1. The data also tells us to set a stop loss @ 72.07 in case the stock turns against the trade. 72.24 is the first level of resistance above 70, and by rule, any break above resistance is a buy signal. In this case, 72.24, initial resistance, would be breaking higher, so a buy signal would exist. Because this plan is based on a break of resistance, it is referred to as a Long Resistance Plan.
The technical summary data is suggesting a short of STC if it tests 72.24 with a downside target of 69.53. We should have a stop loss in place at 72.41 though in case the stock begins to move against the trade. By rule, any test of resistance is a short signal. In this case, if resistance, 72.24, is being tested a short signal would exist. Because this plan is a short plan based on a test of resistance it is referred to as a Short Resistance Plan.
Check the time stamp on this data. Updated AI-Generated Signals for Stewart Information Services Corporation (STC) available here: STC.
From then on you can just click to get the real time update whenever you want.
GET REAL TIME UPDATES
Trading or Investing in Stewart Information Services Corporation (NYSE: STC) involves an observation of the technicals, every time. This data reveals the current technicals.