Learn to Evaluate (KFY) using the Charts
August 09, 2024, 08:26 am ET, BY Bill T.- Contributor| Editor: Thomas H. Kee Jr. (Follow on LinkedIn)
Longer Term Trading Plans for KFY
- Buy KFY slightly over 65.55 target 69.96 stop loss @ 65.36 Details
The technical summary data tells us to buy KFY near 65.55 with an upside target of 69.96. This data also tells us to set a stop loss @ 65.36 to protect against excessive loss in case the stock begins to move against the trade. 65.55 is the first level of support below 68.17 , and by rule, any test of support is a buy signal. In this case, support 65.55 would be being tested, so a buy signal would exist.
- Short KFY slightly under 69.96, target 65.55, stop loss @ 70.16 Details
The technical summary data is suggesting a short of KFY as it gets near 69.96 with a downside target of 65.55. We should have a stop loss in place at 70.16though. 69.96 is the first level of resistance above 68.17, and by rule, any test of resistance is a short signal. In this case, if resistance 69.96 is being tested, so a short signal would exist.
Swing Trading Plans for KFY
- Buy KFY slightly over 69.56, target 69.96, Stop Loss @ 69.36 Details
If 69.56 begins to break higher, the technical summary data tells us to buy KFY just slightly over 69.56, with an upside target of 69.96. The data also tells us to set a stop loss @ 69.36 in case the stock turns against the trade. 69.56 is the first level of resistance above 68.17, and by rule, any break above resistance is a buy signal. In this case, 69.56, 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 KFY slightly near 69.56, target 65.96, Stop Loss @ 69.76. Details
The technical summary data is suggesting a short of KFY if it tests 69.56 with a downside target of 65.96. We should have a stop loss in place at 69.76 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, 69.56, 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 KFY
- Buy KFY slightly over 68.37, target 69.56, Stop Loss @ 68.21 Details
If 68.37 begins to break higher, the technical summary data tells us to buy KFY just slightly over 68.37, with an upside target of 69.56. The data also tells us to set a stop loss @ 68.21 in case the stock turns against the trade. 68.37 is the first level of resistance above 68.17, and by rule, any break above resistance is a buy signal. In this case, 68.37, 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 KFY slightly near 68.37, target 66.25, Stop Loss @ 68.53. Details
The technical summary data is suggesting a short of KFY if it tests 68.37 with a downside target of 66.25. We should have a stop loss in place at 68.53 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, 68.37, 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 Korn Ferry (KFY) available here: KFY.
KFY Ratings for August 09:
Term → | Near |
Mid |
Long |
Rating |
Weak |
Weak |
Strong |
P1 |
0 |
0 |
65.55 |
P2 |
66.25 |
65.96 |
69.96 |
P3 |
68.37 |
69.56 |
74.53 |
AI Generated Signals for KFY
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 Korn Ferry (NYSE: KFY) report below can help you understand how to do this. The trading plans for KFY, 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 KFY: