pool adsInvesco Ftse Rafi Us 1000 $PRF Technical Update
The Invesco Ftse Rafi Us 1000 (NYSE: PRF) update and the technical summary table below can help you manage risk and optimize returns. We have day, swing, and longer-term trading plans for PRF, and 1300 other stocks too, updated in real time for our trial subscribers. The data below is a snapshot, but updates are available now.
Technical Summary
| Term → | Near | Mid | Long |
|---|---|---|---|
| Rating | Neutral | Neutral | Neutral |
| P1 | 118.97 | 118.17 | 110.19 |
| P2 | 119.44 | 119.89 | 116.25 |
| P3 | 119.88 | 121.38 | 121.66 |
Support and Resistance Plot Chart for PRF
Long Term Trading Plans for PRF
September 19, 2018, 3:15 pm ET
The Technical Summary and Trading Plans for PRF help you determine where to buy, sell, and set risk controls. The data is best used in conjunction with our Market Analysis and Stock Correlation Filters too, because those help us go with the flow of the market as well. Going with the flow is extremely important, so review our Market Analysis with this PRF Report.
PRF - (Long) Support Plan
Buy over 116.25 target 121.66 stop loss @ 115.99.
The technical summary data tells us to buy PRF near 116.25 with an upside target of 121.66. This data also tells us to set a stop loss @ 115.99 to protect against excessive loss in case the stock begins to move against the trade. 116.25 is the first level of support below 119.94 , and by rule, any test of support is a buy signal. In this case, support 116.25 is being tested, a buy signal would exist.
PRF - (Short) Resistance Plan
Short under 121.66 target 116.25 stop loss @ 121.92
The technical summary data is suggesting a short of PRF as it gets near 121.66 with a downside target of 116.25. We should have a stop loss in place at 121.92 though. 121.66 is the first level of resistance above 119.94, and by rule, any test of resistance is a short signal. In this case, if resistance 121.66 is being tested, a short signal would exist.
