Crane Holdings Co CR Investment Analysis

Source: Stock Traders Daily

Longer Term Trading Plans for CR
  • Buy CR over 97.22 target 106.38 stop loss @ 96.94 Details
  • The technical summary data tells us to buy CR near 97.22 with an upside target of 106.38. This data also tells us to set a stop loss @ 96.94 to protect against excessive loss in case the stock begins to move against the trade. 97.22 is the first level of support below 99.81 , and by rule, any test of support is a buy signal. In this case, support 97.22 is being tested, a buy signal would exist.

  • Short CR under 106.38, target 97.22, stop loss @ 106.69 Details
  • The technical summary data is suggesting a short of CR as it gets near 106.38 with a downside target of 97.22. We should have a stop loss in place at 106.69though. 106.38 is the first level of resistance above 99.81, and by rule, any test of resistance is a short signal. In this case, if resistance 106.38 is being tested, a short signal would exist.

Swing Trading Plans for CR
  • Buy CR over 101.73, target n/a, Stop Loss @ 101.44 Details
  • If 101.73 begins to break higher, the technical summary data tells us to buy CR just over 101.73, with an upside target of n/a. The data also tells us to set a stop loss @ 101.44 in case the stock turns against the trade. 101.73 is the first level of resistance above 99.81, and by rule, any break above resistance is a buy signal. In this case, 101.73, 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 CR near 101.73, target 97.22, Stop Loss @ 102.02. Details
  • The technical summary data is suggesting a short of CR if it tests 101.73 with a downside target of 97.22. We should have a stop loss in place at 102.02 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, 101.73, 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 CR
  • Buy CR over 101.73, target n/a, Stop Loss @ 101.49 Details
  • If 101.73 begins to break higher, the technical summary data tells us to buy CR just over 101.73, with an upside target of n/a. The data also tells us to set a stop loss @ 101.49 in case the stock turns against the trade. 101.73 is the first level of resistance above 99.81, and by rule, any break above resistance is a buy signal. In this case, 101.73, 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 CR near 101.73, target 98.18, Stop Loss @ 101.97. Details
  • The technical summary data is suggesting a short of CR if it tests 101.73 with a downside target of 98.18. We should have a stop loss in place at 101.97 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, 101.73, 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.

CR Ratings for August 06:

Term →Near Mid Long
Rating Strong Strong Neutral
P1 0 0 88.26
P2 99.04 98.18 97.22
P3 102.06 101.73 106.38

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CR Long Term Analysis for August 6 2022


CR Swing Trading Analysis for August 6 2022


CR Day Trading Analysis for August 6 2022

With an objective approach to Crane Holdings Co (NYSE: CR), Stock Traders Daily attempts to go with the flow of the market by utilizing a combination of market analysis and stock analysis.

Warning:

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

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Instructions:

The rules that govern the data in this report are the rules of Technical Analysis.  For example, if CR 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.

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