Learn to Evaluate (ICF) using the Charts
December 18, 2024, 13:00 pm ET, BY James G.- Contributor| Editor: Thomas H. Kee Jr. (Follow on LinkedIn)
Longer Term Trading Plans for ICF
- Buy ICF near 61.15 target 64.44 stop loss @ 60.97 Details
The technical summary data tells us to buy ICF near 61.15 with an upside target of 64.44. This data also tells us to set a stop loss @ 60.97 to protect against excessive loss in case the stock begins to move against the trade. 61.15 is the first level of support below 61.845 , and by rule, any test of support is a buy signal. In this case, support 61.15 would be being tested, so a buy signal would exist.
- Short ICF slightly under 64.44, target 61.15, stop loss @ 64.63 Details
The technical summary data is suggesting a short of ICF as it gets near 64.44 with a downside target of 61.15. We should have a stop loss in place at 64.63though. 64.44 is the first level of resistance above 61.845, and by rule, any test of resistance is a short signal. In this case, if resistance 64.44 is being tested, so a short signal would exist.
Swing Trading Plans for ICF
- Buy ICF slightly over 62, target 62.57, Stop Loss @ 61.82 Details
If 62 begins to break higher, the technical summary data tells us to buy ICF just slightly over 62, with an upside target of 62.57. The data also tells us to set a stop loss @ 61.82 in case the stock turns against the trade. 62 is the first level of resistance above 61.845, and by rule, any break above resistance is a buy signal. In this case, 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 ICF slightly near 62, target 61.15, Stop Loss @ 62.18. Details
The technical summary data is suggesting a short of ICF if it tests 62 with a downside target of 61.15. We should have a stop loss in place at 62.18 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, 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 ICF
- Buy ICF slightly over 62, target 62.22, Stop Loss @ 61.86 Details
If 62 begins to break higher, the technical summary data tells us to buy ICF just slightly over 62, with an upside target of 62.22. The data also tells us to set a stop loss @ 61.86 in case the stock turns against the trade. 62 is the first level of resistance above 61.845, and by rule, any break above resistance is a buy signal. In this case, 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 ICF slightly near 62, target 61.15, Stop Loss @ 62.14. Details
The technical summary data is suggesting a short of ICF if it tests 62 with a downside target of 61.15. We should have a stop loss in place at 62.14 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, 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.
Check the time stamp on this data. Updated AI-Generated Signals for Ishares Cohen & Steers Reit Etf (ICF) available here: ICF.
ICF Ratings for December 18:
Term → | Near |
Mid |
Long |
Rating |
Weak |
Weak |
Strong |
P1 |
0 |
0 |
61.15 |
P2 |
62.22 |
62 |
64.44 |
P3 |
62.66 |
62.57 |
67.72 |
AI Generated Signals for ICF
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 Ishares Cohen & Steers Reit Etf (NYSE: ICF) report below can help you understand how to do this. The trading plans for ICF, 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 ICF: