pool adsLENNOX INTERNATIONAL $LII Technical Update
The LENNOX INTERNATIONAL (NYSE: LII) 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 LII, 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 | 213.11 | 202.51 | 191.97 |
| P2 | 217.66 | 215.67 | 207.92 |
| P3 | 222.08 | 227.92 | 222.40 |
Support and Resistance Plot Chart for LII
Long Term Trading Plans for LII
August 15, 2018, 4:30 pm ET
The Technical Summary and Trading Plans for LII 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 LII Report.
LII - (Long) Support Plan
Buy over 207.92 target 222.40 stop loss @ 207.66.
The technical summary data tells us to buy LII near 207.92 with an upside target of 222.40. This data also tells us to set a stop loss @ 207.66 to protect against excessive loss in case the stock begins to move against the trade. 207.92 is the first level of support below 220.61 , and by rule, any test of support is a buy signal. In this case, support 207.92 is being tested, a buy signal would exist.
LII - (Short) Resistance Plan
Short under 222.40 target 207.92 stop loss @ 222.66
The technical summary data is suggesting a short of LII as it gets near 222.40 with a downside target of 207.92. We should have a stop loss in place at 222.66 though. 222.40 is the first level of resistance above 220.61, and by rule, any test of resistance is a short signal. In this case, if resistance 222.40 is being tested, a short signal would exist.
