(UFPT) Proactive Strategies

November 26, 2024, 08:02 am ET, BY Bill T.- Contributor| Editor: Thomas H. Kee Jr. (Follow on LinkedIn)

Longer Term Trading Plans for UFPT

• Buy UFPT near 299.81 target 341.69 stop loss @ 298.94 Details

The technical summary data tells us to buy UFPT near 299.81 with an upside target of 341.69. This data also tells us to set a stop loss @ 298.94 to protect against excessive loss in case the stock begins to move against the trade. 299.81 is the first level of support below 314.41 , and by rule, any test of support is a buy signal. In this case, support 299.81 would be being tested, so a buy signal would exist.

• Short UFPT slightly under 341.69, target 299.81, stop loss @ 342.68 Details

The technical summary data is suggesting a short of UFPT as it gets near 341.69 with a downside target of 299.81. We should have a stop loss in place at 342.68though. 341.69 is the first level of resistance above 314.41, and by rule, any test of resistance is a short signal. In this case, if resistance 341.69 is being tested, so a short signal would exist.

Swing Trading Plans for UFPT

• Buy UFPT slightly over 341.69, target 382.08, Stop Loss @ 340.7 Details

If 341.69 begins to break higher, the technical summary data tells us to buy UFPT just slightly over 341.69, with an upside target of 382.08. The data also tells us to set a stop loss @ 340.7 in case the stock turns against the trade. 341.69 is the first level of resistance above 314.41, and by rule, any break above resistance is a buy signal. In this case, 341.69, 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 UFPT slightly near 341.69, target 306.92, Stop Loss @ 342.68. Details

The technical summary data is suggesting a short of UFPT if it tests 341.69 with a downside target of 306.92. We should have a stop loss in place at 342.68 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, 341.69, 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 UFPT

• Buy UFPT slightly over 315.96, target 322.2, Stop Loss @ 315.22 Details

If 315.96 begins to break higher, the technical summary data tells us to buy UFPT just slightly over 315.96, with an upside target of 322.2. The data also tells us to set a stop loss @ 315.22 in case the stock turns against the trade. 315.96 is the first level of resistance above 314.41, and by rule, any break above resistance is a buy signal. In this case, 315.96, 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 UFPT slightly near 315.96, target 306.92, Stop Loss @ 316.7. Details

The technical summary data is suggesting a short of UFPT if it tests 315.96 with a downside target of 306.92. We should have a stop loss in place at 316.7 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, 315.96, 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 Ufp Technologies Inc. (UFPT) available here: UFPT.

UFPT Ratings for November 26:

Term →	Near	Mid	Long
Rating	Strong	Neutral	Strong
P1	0	0	299.81
P2	315.96	272.8	341.69
P3	322.2	306.92	382.08

AI Generated Signals for UFPT

Real Time Updates for Repeat Institutional Readers:

• Factset: Request User/Pass
• Bloomberg, Reuters, Refinitiv, Zacks, or IB users: Access Here.

Instructions:

• Click the Get Real Time Updates button below.

• In the login prompt, select forgot username

• Type the email you use for Factset

• Use the user/pass you receive to login

• You will have 24/7 access to real time updates.

From then on you can just click to get the real time update whenever you want.

GET REAL TIME UPDATES

Market Crash Leading Indicator

Our Market Crash Leading Indicator isEvitar Corte.

• Evitar Corte warned of market crash risk four times since 2000.

• It identified the Internet Debacle before it happened.

• It identified the Credit Crisis before it happened.

• It identified the Corona Crash too.

• See what Evitar Corte is Saying Now.

Get Notified When our Ratings Change:Take a Trial

Don't over think it!  Trading Ufp Technologies Inc. (NASDAQ: UFPT) or any other stock can be rewarding if the simple rules of technical analysis are observed before making any decisions.  This should be an integral part of the investment process.

Warning:

This is a static report, the data below was valid at the time of the publication, but support and resistance levels for UFPT 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 UFPT 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 UFPT too.  All of these are offered below the Summary Table.