Learn to Evaluate (STZ) using the Charts

April 28, 2024, 23:22 pm ET, BY James G.- Contributor| Editor: Thomas H. Kee Jr. (Follow on LinkedIn)

Longer Term Trading Plans for STZ

• Buy STZ slightly over 255.9 target 271.48 stop loss @ 255.16 Details

The technical summary data tells us to buy STZ near 255.9 with an upside target of 271.48. This data also tells us to set a stop loss @ 255.16 to protect against excessive loss in case the stock begins to move against the trade. 255.9 is the first level of support below 260.04 , and by rule, any test of support is a buy signal. In this case, support 255.9 is being tested, a buy signal would exist.

• Short STZ slightly under 271.48, target 255.9, stop loss @ 272.26 Details

The technical summary data is suggesting a short of STZ as it gets near 271.48 with a downside target of 255.9. We should have a stop loss in place at 272.26though. 271.48 is the first level of resistance above 260.04, and by rule, any test of resistance is a short signal. In this case, if resistance 271.48 is being tested, a short signal would exist.

Swing Trading Plans for STZ

• Buy STZ slightly over 262.51, target 271.48, Stop Loss @ 261.75 Details

If 262.51 begins to break higher, the technical summary data tells us to buy STZ just slightly over 262.51, with an upside target of 271.48. The data also tells us to set a stop loss @ 261.75 in case the stock turns against the trade. 262.51 is the first level of resistance above 260.04, and by rule, any break above resistance is a buy signal. In this case, 262.51, 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 STZ slightly near 262.51, target 255.9, Stop Loss @ 263.27. Details

The technical summary data is suggesting a short of STZ if it tests 262.51 with a downside target of 255.9. We should have a stop loss in place at 263.27 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, 262.51, 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 STZ

• Buy STZ slightly over 261.83, target 262.51, Stop Loss @ 261.22 Details

If 261.83 begins to break higher, the technical summary data tells us to buy STZ just slightly over 261.83, with an upside target of 262.51. The data also tells us to set a stop loss @ 261.22 in case the stock turns against the trade. 261.83 is the first level of resistance above 260.04, and by rule, any break above resistance is a buy signal. In this case, 261.83, 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 STZ slightly near 261.83, target 259.7, Stop Loss @ 262.44. Details

The technical summary data is suggesting a short of STZ if it tests 261.83 with a downside target of 259.7. We should have a stop loss in place at 262.44 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, 261.83, 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  Constellation Brands Inc. (STZ) available here: STZ.

STZ Ratings for April 28:

Term →	Near	Mid	Long
Rating	Neutral	Neutral	Neutral
P1	0	0	239.61
P2	259.7	255.49	255.9
P3	261.83	262.51	271.48

AI Generated Signals for STZ

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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  Constellation Brands Inc. (NYSE: STZ) report below can help you understand how to do this. The trading plans for STZ, 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.