Learn to Evaluate (ALRM) using the Charts

November 10, 2024, 14:12 pm ET, BY Jolene W.- Contributor| Editor: Thomas H. Kee Jr. (Follow on LinkedIn)

Longer Term Trading Plans for ALRM

• Buy ALRM near 60.07 target 68.03 stop loss @ 59.9 Details

The technical summary data tells us to buy ALRM near 60.07 with an upside target of 68.03. This data also tells us to set a stop loss @ 59.9 to protect against excessive loss in case the stock begins to move against the trade. 60.07 is the first level of support below 63.51 , and by rule, any test of support is a buy signal. In this case, support 60.07 is being tested, a buy signal would exist.

• Short ALRM slightly under 68.03, target 60.07, stop loss @ 68.23 Details

The technical summary data is suggesting a short of ALRM as it gets near 68.03 with a downside target of 60.07. We should have a stop loss in place at 68.23though. 68.03 is the first level of resistance above 63.51, and by rule, any test of resistance is a short signal. In this case, if resistance 68.03 is being tested, a short signal would exist.

Swing Trading Plans for ALRM

• Buy ALRM slightly over 68.03, target n/a, Stop Loss @ 67.83 Details

If 68.03 begins to break higher, the technical summary data tells us to buy ALRM just slightly over 68.03, with an upside target of n/a. The data also tells us to set a stop loss @ 67.83 in case the stock turns against the trade. 68.03 is the first level of resistance above 63.51, and by rule, any break above resistance is a buy signal. In this case, 68.03, 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 ALRM slightly near 68.03, target 61.56, Stop Loss @ 68.23. Details

The technical summary data is suggesting a short of ALRM if it tests 68.03 with a downside target of 61.56. We should have a stop loss in place at 68.23 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, 68.03, 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 ALRM

• Buy ALRM slightly over 64.58, target 68.03, Stop Loss @ 64.43 Details

If 64.58 begins to break higher, the technical summary data tells us to buy ALRM just slightly over 64.58, with an upside target of 68.03. The data also tells us to set a stop loss @ 64.43 in case the stock turns against the trade. 64.58 is the first level of resistance above 63.51, and by rule, any break above resistance is a buy signal. In this case, 64.58, 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 ALRM slightly near 64.58, target 61.56, Stop Loss @ 64.73. Details

The technical summary data is suggesting a short of ALRM if it tests 64.58 with a downside target of 61.56. We should have a stop loss in place at 64.73 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, 64.58, 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  Alarm.com Holdings Inc. (ALRM) available here: ALRM.

ALRM Ratings for November 10:

Term →	Near	Mid	Long
Rating	Strong	Strong	Neutral
P1	0	0	52.57
P2	61.53	56.96	60.07
P3	64.58	61.56	68.03

AI Generated Signals for ALRM

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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  Alarm.com Holdings Inc. (NASDAQ: ALRM) report below can help you understand how to do this. The trading plans for ALRM, 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.