Learn to Evaluate (HIFS) using the Charts

February 20, 2024, 22:34 pm ET, BY James G.- Contributor| Editor: Thomas H. Kee Jr. (Follow on LinkedIn)

Longer Term Trading Plans for HIFS

• Buy HIFS slightly over 140.25 target 165.66 stop loss @ 139.84 Details

The technical summary data tells us to buy HIFS near 140.25 with an upside target of 165.66. This data also tells us to set a stop loss @ 139.84 to protect against excessive loss in case the stock begins to move against the trade. 140.25 is the first level of support below 165.48 , and by rule, any test of support is a buy signal. In this case, support 140.25 would be being tested, so a buy signal would exist.

• Short HIFS slightly under 165.66, target 140.25, stop loss @ 166.14 Details

The technical summary data is suggesting a short of HIFS as it gets near 165.66 with a downside target of 140.25. We should have a stop loss in place at 166.14though. 165.66 is the first level of resistance above 165.48, and by rule, any test of resistance is a short signal. In this case, if resistance 165.66 is being tested, so a short signal would exist.

Swing Trading Plans for HIFS

• Buy HIFS slightly over 165.66, target 166.94, Stop Loss @ 165.18 Details

If 165.66 begins to break higher, the technical summary data tells us to buy HIFS just slightly over 165.66, with an upside target of 166.94. The data also tells us to set a stop loss @ 165.18 in case the stock turns against the trade. 165.66 is the first level of resistance above 165.48, and by rule, any break above resistance is a buy signal. In this case, 165.66, 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 HIFS slightly near 165.66, target 155.73, Stop Loss @ 166.14. Details

The technical summary data is suggesting a short of HIFS if it tests 165.66 with a downside target of 155.73. We should have a stop loss in place at 166.14 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, 165.66, 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 HIFS

• Buy HIFS slightly over 165.66, target 166.94, Stop Loss @ 165.27 Details

If 165.66 begins to break higher, the technical summary data tells us to buy HIFS just slightly over 165.66, with an upside target of 166.94. The data also tells us to set a stop loss @ 165.27 in case the stock turns against the trade. 165.66 is the first level of resistance above 165.48, and by rule, any break above resistance is a buy signal. In this case, 165.66, 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 HIFS slightly near 165.66, target 164.68, Stop Loss @ 166.05. Details

The technical summary data is suggesting a short of HIFS if it tests 165.66 with a downside target of 164.68. We should have a stop loss in place at 166.05 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, 165.66, 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  Hingham Institution For Savings (HIFS) available here: HIFS.

HIFS Ratings for February 20:

Term →	Near	Mid	Long
Rating	Neutral	Weak	Weak
P1	0	0	140.25
P2	164.68	155.73	165.66
P3	171.14	166.94	191.57

AI Generated Signals for HIFS

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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  Hingham Institution For Savings (NASDAQ: HIFS) report below can help you understand how to do this. The trading plans for HIFS, 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.