(XRMI) Proactive Strategies

February 20, 2025, 12:32 pm ET, BY Thomas H. Kee Jr- Editor, Stock Traders Daily| Editor: Thomas H. Kee Jr. (Follow on LinkedIn)

Longer Term Trading Plans for XRMI

• Buy XRMI near 19.48 target 19.81 stop loss @ 19.42 Details

The technical summary data tells us to buy XRMI near 19.48 with an upside target of 19.81. This data also tells us to set a stop loss @ 19.42 to protect against excessive loss in case the stock begins to move against the trade. 19.48 is the first level of support below 19.6139 , and by rule, any test of support is a buy signal. In this case, support 19.48 is being tested, a buy signal would exist.

• Short XRMI slightly under 19.81, target 19.48, stop loss @ 19.87 Details

The technical summary data is suggesting a short of XRMI as it gets near 19.81 with a downside target of 19.48. We should have a stop loss in place at 19.87though. 19.81 is the first level of resistance above 19.6139, and by rule, any test of resistance is a short signal. In this case, if resistance 19.81 is being tested, a short signal would exist.

Swing Trading Plans for XRMI

• Buy XRMI slightly over n/a, target n/a, Stop Loss @ 0 Details

If n/a begins to break higher, the technical summary data tells us to buy XRMI just slightly over n/a, with an upside target of n/a. The data also tells us to set a stop loss @ 0 in case the stock turns against the trade. n/a is the first level of resistance above 19.6139, and by rule, any break above resistance is a buy signal. In this case, n/a, 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.

• Short XRMI slightly near n/a, target 19.12, Stop Loss @ 0. Details

The technical summary data is suggesting a short of XRMI if it tests n/a with a downside target of 19.12. We should have a stop loss in place at 0 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, n/a, 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.

Day Trading Plans for XRMI

• Buy XRMI slightly over 19.81, target n/a, Stop Loss @ 19.76 Details

If 19.81 begins to break higher, the technical summary data tells us to buy XRMI just slightly over 19.81, with an upside target of n/a. The data also tells us to set a stop loss @ 19.76 in case the stock turns against the trade. 19.81 is the first level of resistance above 19.6139, and by rule, any break above resistance is a buy signal. In this case, 19.81, 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.

• Short XRMI slightly near 19.81, target 19.12, Stop Loss @ 19.86. Details

The technical summary data is suggesting a short of XRMI if it tests 19.81 with a downside target of 19.12. We should have a stop loss in place at 19.86 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, 19.81, 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 Global X S&p 500 Risk Managed Income Etf (XRMI) available here: XRMI.

XRMI Ratings for February 20:

AI Generated Signals for XRMI

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Don't over think it!  Trading Global X S&p 500 Risk Managed Income Etf (NASDAQ: XRMI) or any other stock can be rewarding if the simple rules of technical analysis are observed before making any decisions.  This should be an integral part of the investment process.

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This is a static report, the data below was valid at the time of the publication, but support and resistance levels for XRMI change over time, so the report should be updated regularly.  Real Time updates are provided to subscribers.  Unlimited Real Time Reports.

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Instructions:

The rules that govern the data in this report are the rules of Technical Analysis.  For example, if XRMI is testing support buy signals surface, and resistance is the target.  Conversely, if resistance is being tested, that is a sign to control risk or short, and support would be the downside target accordingly.  In each case, the trigger point is designed to be both an ideal place to enter a position (avoid trading in the middle of a trading channel), and it acts as a level of risk control too.

Swing Trades, Day Trades, and Longer term Trading Plans:

This data is refined to differentiate trading plans for Day Trading, Swing Trading, and Long Term Investing plans for XRMI too.  All of these are offered below the Summary Table.