pool adsNVR $NVR Technical Update
The NVR (NYSE: NVR) 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 NVR, 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 | Weak | Weak | Neutral |
| P1 | 2606.99 | 2514.70 | 2442.29 |
| P2 | 2664.88 | 2759.00 | 2816.72 |
| P3 | 2721.69 | 3006.63 | 3168.67 |
Support and Resistance Plot Chart for NVR
Long Term Trading Plans for NVR
August 16, 2018, 6:00 pm ET
The Technical Summary and Trading Plans for NVR 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 NVR Report.
NVR - (Long) Support Plan
Buy over 2442.29 target 2816.72 stop loss @ 2442.03.
The technical summary data tells us to buy NVR near 2442.29 with an upside target of 2816.72. This data also tells us to set a stop loss @ 2442.03 to protect against excessive loss in case the stock begins to move against the trade. 2442.29 is the first level of support below 2650 , and by rule, any test of support is a buy signal. In this case, support 2442.29 would be being tested, so a buy signal would exist.
NVR - (Short) Resistance Plan
Short under 2816.72 target 2442.29 stop loss @ 2816.98.
The technical summary data is suggesting a short of NVR as it gets near 2816.72 with a downside target of 2442.29. We should have a stop loss in place at 2816.98 though. 2816.72 is the first level of resistance above 2650, and by rule, any test of resistance is a short signal. In this case, if resistance 2816.72 is being tested, so a short signal would exist.
