Learn to Evaluate (BANF) using the Charts
October 31, 2024, 00:52 am ET, BY Thomas H. Kee Jr- Editor, Stock Traders Daily| Editor: Thomas H. Kee Jr. (Follow on LinkedIn)
Longer Term Trading Plans for BANF
- Buy BANF near 102.87 target 113 stop loss @ 102.57 Details
The technical summary data tells us to buy BANF near 102.87 with an upside target of 113. This data also tells us to set a stop loss @ 102.57 to protect against excessive loss in case the stock begins to move against the trade. 102.87 is the first level of support below 110.9 , and by rule, any test of support is a buy signal. In this case, support 102.87 is being tested, a buy signal would exist.
- Short BANF slightly under 113, target 102.87, stop loss @ 113.33 Details
The technical summary data is suggesting a short of BANF as it gets near 113 with a downside target of 102.87. We should have a stop loss in place at 113.33though. 113 is the first level of resistance above 110.9, and by rule, any test of resistance is a short signal. In this case, if resistance 113 is being tested, a short signal would exist.
Swing Trading Plans for BANF
- Buy BANF slightly over 111.78, target 113, Stop Loss @ 111.46 Details
If 111.78 begins to break higher, the technical summary data tells us to buy BANF just slightly over 111.78, with an upside target of 113. The data also tells us to set a stop loss @ 111.46 in case the stock turns against the trade. 111.78 is the first level of resistance above 110.9, and by rule, any break above resistance is a buy signal. In this case, 111.78, 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 BANF slightly near 111.78, target 108.01, Stop Loss @ 112.1. Details
The technical summary data is suggesting a short of BANF if it tests 111.78 with a downside target of 108.01. We should have a stop loss in place at 112.1 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, 111.78, 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 BANF
- Buy BANF slightly over 111.38, target 111.78, Stop Loss @ 111.12 Details
If 111.38 begins to break higher, the technical summary data tells us to buy BANF just slightly over 111.38, with an upside target of 111.78. The data also tells us to set a stop loss @ 111.12 in case the stock turns against the trade. 111.38 is the first level of resistance above 110.9, and by rule, any break above resistance is a buy signal. In this case, 111.38, 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 BANF slightly near 111.38, target 108.01, Stop Loss @ 111.64. Details
The technical summary data is suggesting a short of BANF if it tests 111.38 with a downside target of 108.01. We should have a stop loss in place at 111.64 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, 111.38, 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 Bancfirst Corporation (BANF) available here: BANF.
BANF Ratings for October 31:
| Term → | Near |
Mid |
Long |
|---|
| Rating |
Strong |
Strong |
Strong |
| P1 |
0 |
0 |
93.66 |
| P2 |
111.38 |
108.01 |
102.87 |
| P3 |
113.35 |
111.78 |
113 |
AI Generated Signals for BANF
Blue = Current Price
Red= Resistance
Green = Support
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When #institutionalinvestors make decisions to buy and sell #stocks they normally want to keep it quiet. However, if we pay close attention we can see what is going on, and make good decisions.. The Bancfirst Corporation (NASDAQ: BANF) report below can help you understand how to do this. The trading plans for BANF, are updated in real time for subscribers, but this report is static. If you want an update, or a different report on a different stock, please get one here Unlimited Real Time Reports.
Fundamental Charts for BANF:
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