When the Price of Travelers Companies $TRV Talks, People Listen
October 11, 2023, 07:30 am ET, BY Bill T.- Contributor| Editor: Thomas H. Kee Jr. (Follow on LinkedIn)
Longer Term Trading Plans for TRV
- Buy TRV slightly over 156.45 target 166.47 stop loss @ 156 Details
The technical summary data tells us to buy TRV near 156.45 with an upside target of 166.47. This data also tells us to set a stop loss @ 156 to protect against excessive loss in case the stock begins to move against the trade. 156.45 is the first level of support below 162.23 , and by rule, any test of support is a buy signal. In this case, support 156.45 would be being tested, so a buy signal would exist.
- Short TRV slightly under 166.47, target 156.45, stop loss @ 166.95 Details
The technical summary data is suggesting a short of TRV as it gets near 166.47 with a downside target of 156.45. We should have a stop loss in place at 166.95though. 166.47 is the first level of resistance above 162.23, and by rule, any test of resistance is a short signal. In this case, if resistance 166.47 is being tested, so a short signal would exist.
Swing Trading Plans for TRV
- Buy TRV slightly over 163.01, target 166.47, Stop Loss @ 162.54 Details
If 163.01 begins to break higher, the technical summary data tells us to buy TRV just slightly over 163.01, with an upside target of 166.47. The data also tells us to set a stop loss @ 162.54 in case the stock turns against the trade. 163.01 is the first level of resistance above 162.23, and by rule, any break above resistance is a buy signal. In this case, 163.01, 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 TRV slightly near 163.01, target 159.07, Stop Loss @ 163.48. Details
The technical summary data is suggesting a short of TRV if it tests 163.01 with a downside target of 159.07. We should have a stop loss in place at 163.48 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, 163.01, 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 TRV
- Buy TRV slightly over 163.01, target 164.53, Stop Loss @ 162.63 Details
If 163.01 begins to break higher, the technical summary data tells us to buy TRV just slightly over 163.01, with an upside target of 164.53. The data also tells us to set a stop loss @ 162.63 in case the stock turns against the trade. 163.01 is the first level of resistance above 162.23, and by rule, any break above resistance is a buy signal. In this case, 163.01, 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 TRV slightly near 163.01, target 162.09, Stop Loss @ 163.39. Details
The technical summary data is suggesting a short of TRV if it tests 163.01 with a downside target of 162.09. We should have a stop loss in place at 163.39 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, 163.01, 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 Travelers Companies (TRV) available here: TRV.
TRV Ratings for October 11:
Term → | Near |
Mid |
Long |
Rating |
Neutral |
Neutral |
Neutral |
P1 |
0 |
0 |
156.45 |
P2 |
162.09 |
159.07 |
166.47 |
P3 |
164.53 |
163.01 |
175.90 |
AI Generated Signals for TRV
Blue = Current Price
Red= Resistance
Green = Support
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This is not EF Hutton, but it could be more #powerful. A picture speaks a thousand words, they say, and the #priceaction of Travelers Companies (NYSE: TRV) tells an important story. The movement tells us where investors perceive value, or the lack of it, and if we pay attention we can capture opportunity. The data below for TRV can be used as an example, and demonstrate how to do this for other stocks too. This data was current at the time of publication, but it is not updated in real time here. If you want real time updates, or data on a different stock, please get one here Unlimited Real Time Reports.
Fundamental Charts for TRV: