(CSA) Technical Pivots with Risk Controls

November 17, 2024, 23:04 pm ET, BY James G.- Contributor| Editor: Thomas H. Kee Jr. (Follow on LinkedIn)

Longer Term Trading Plans for CSA

• Buy CSA near 76.74 target n/a stop loss @ 76.52. Details

The technical summary data tells us to buy CSA near 76.74, but there is no current upside target from the summary table. In this case we should wait until either an update to the summary table has been made (which usually happens at the beginning of every trading day), or until the position has been stopped. The data does tell us to set a stop loss 76.52 to protect against excessive loss in case the stock begins to move against the trade. 76.74 is the first level of support below 76.9157, and by rule, any test of support is a buy signal. In this case, if support 76.74 is being tested, a buy signal would exist.

• NONE . Details

NONE .
There are no current resistance levels from the summary table, and therefore there are no Short resistance Plans which tell us to short upon tests of resistance. Resistance levels have broken higher and unless the stock reverses lower and below support levels again short positions look risky.

Swing Trading Plans for CSA

• Buy CSA slightly over 78.62, target 81.97, Stop Loss @ 78.39 Details

If 78.62 begins to break higher, the technical summary data tells us to buy CSA just slightly over 78.62, with an upside target of 81.97. The data also tells us to set a stop loss @ 78.39 in case the stock turns against the trade. 78.62 is the first level of resistance above 76.9157, and by rule, any break above resistance is a buy signal. In this case, 78.62, 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 CSA slightly near 78.62, target 76.74, Stop Loss @ 78.85. Details

The technical summary data is suggesting a short of CSA if it tests 78.62 with a downside target of 76.74. We should have a stop loss in place at 78.85 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, 78.62, 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 CSA

• Buy CSA slightly over 77.13, target 77.76, Stop Loss @ 76.95 Details

If 77.13 begins to break higher, the technical summary data tells us to buy CSA just slightly over 77.13, with an upside target of 77.76. The data also tells us to set a stop loss @ 76.95 in case the stock turns against the trade. 77.13 is the first level of resistance above 76.9157, and by rule, any break above resistance is a buy signal. In this case, 77.13, 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 CSA slightly near 77.13, target 76.74, Stop Loss @ 77.31. Details

The technical summary data is suggesting a short of CSA if it tests 77.13 with a downside target of 76.74. We should have a stop loss in place at 77.31 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, 77.13, 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 Compass Emp Us Small Cap 500 Volatility Weighted I (CSA) available here: CSA.

CSA Ratings for November 17:

Term →	Near	Mid	Long
Rating	Weak	Strong	Strong
P1	0	0	70.87
P2	77.13	78.62	73.7
P3	77.76	81.97	76.74

AI Generated Signals for CSA

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The technical pivots for Compass Emp Us Small Cap 500 Volatility Weighted I (NYSE: CSA) help you determine how to trade, when to buy, when to sell, and how to control risk.

Warning:

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

Subscribers also receive market analysis, stock correlation tools, macroeconomic observations, timing tools, and protection from market crashes using Evitar Corte.  

Instructions:

The rules that govern the data in this report are the rules of Technical Analysis.  For example, if CSA 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 CSA too.  All of these are offered below the Summary Table.