When (DGIN) Moves Investors should Listen
April 20, 2024, 19:38 pm ET, BY Jolene W.- Contributor| Editor: Thomas H. Kee Jr. (Follow on LinkedIn)
Longer Term Trading Plans for DGIN
- NONE. Details
There is no current Support Plan to trigger a buy of this stock at this time. This usually means that there are no clear support levels at this time, so buying the stock as it falls could be considered catching a falling knife. Buy signals only exist if resistance breaks higher.
This often is a signal that the stock you are watching is weak. Waiting for a turn higher may be more intelligent than trying to catch a falling knife. In any case, new support levels are usually revised to the database at the beginning of the next trading session.
- Short DGIN slightly under 37.72, target n/a, stop loss @ 37.83 Details
The technical summary data is suggesting a short of DGIN as it gets near 37.72, but the downside target is not available from the current data. This tells us to hold that position if it is triggered until a new downside target has been established (updates occur at the beginning of every trading session) or until the position has been stopped. The summary data tells us to have a stop loss in place at 37.83. 37.72 is the first level of resistance above 37.4196, and by rule, any test of resistance is a short signal. In this case, if resistance 37.72 is being tested, so a short signal would exist.
Swing Trading Plans for DGIN
- Buy DGIN slightly over 37.72, target 39.19, Stop Loss @ 37.61 Details
If 37.72 begins to break higher, the technical summary data tells us to buy DGIN just slightly over 37.72, with an upside target of 39.19. The data also tells us to set a stop loss @ 37.61 in case the stock turns against the trade. 37.72 is the first level of resistance above 37.4196, and by rule, any break above resistance is a buy signal. In this case, 37.72, 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 DGIN slightly near 37.72, target 36.98, Stop Loss @ 37.83. Details
The technical summary data is suggesting a short of DGIN if it tests 37.72 with a downside target of 36.98. We should have a stop loss in place at 37.83 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, 37.72, 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 DGIN
- Buy DGIN slightly over 37.72, target 39.19, Stop Loss @ 37.63 Details
If 37.72 begins to break higher, the technical summary data tells us to buy DGIN just slightly over 37.72, with an upside target of 39.19. The data also tells us to set a stop loss @ 37.63 in case the stock turns against the trade. 37.72 is the first level of resistance above 37.4196, and by rule, any break above resistance is a buy signal. In this case, 37.72, 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 DGIN slightly near 37.72, target 37.24, Stop Loss @ 37.81. Details
The technical summary data is suggesting a short of DGIN if it tests 37.72 with a downside target of 37.24. We should have a stop loss in place at 37.81 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, 37.72, 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 Vaneck Digital India Etf (DGIN) available here: DGIN.
DGIN Ratings for April 20:
| Term → | Near |
Mid |
Long |
|---|
| Rating |
Weak |
Neutral |
Strong |
| P1 |
0 |
0 |
37.72 |
| P2 |
36.8 |
36.98 |
39.19 |
| P3 |
37.24 |
37.66 |
40.75 |
AI Generated Signals for DGIN
Blue = Current Price
Red= Resistance
Green = Support
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How do we know what is going on #behindthescenes of a company? According to Stock Traders Daily, a 20-year #financialindustry innovator, the best way to do this to to watch the price action in the stock. The Vaneck Digital India Etf (NASDAQ: DGIN) report below is a real world example. Included are trading plans for DGIN, but this report is static. If you want an update, or a different stock, please get one here Unlimited Real Time Reports.
Fundamental Charts for DGIN:
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