pool adsSpdr Dow Jones Reit $RWR Technical Update
The Spdr Dow Jones Reit (NYSE: RWR) 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 RWR, 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 | 92.96 | 85.33 | 89.25 |
| P2 | 93.63 | 89.99 | 95.51 |
| P3 | 94.54 | 94.32 | 101.42 |
Support and Resistance Plot Chart for RWR
Long Term Trading Plans for RWR
November 15, 2018, 2:30 am ET
The Technical Summary and Trading Plans for RWR 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 RWR Report.
RWR - (Long) Support Plan
Buy over 89.25 target 95.51 stop loss @ 88.99.
The technical summary data tells us to buy RWR near 89.25 with an upside target of 95.51. This data also tells us to set a stop loss @ 88.99 to protect against excessive loss in case the stock begins to move against the trade. 89.25 is the first level of support below 93.5 , and by rule, any test of support is a buy signal. In this case, support 89.25 would be being tested, so a buy signal would exist.
RWR - (Short) Resistance Plan
Short under 95.51 target 89.25 stop loss @ 95.77.
The technical summary data is suggesting a short of RWR as it gets near 95.51 with a downside target of 89.25. We should have a stop loss in place at 95.77 though. 95.51 is the first level of resistance above 93.5, and by rule, any test of resistance is a short signal. In this case, if resistance 95.51 is being tested, so a short signal would exist.
