When the Price of (NVT) Talks, People Listen

August 26, 2024, 00:08 am ET, BY Jolene W.- Contributor| Editor: Thomas H. Kee Jr. (Follow on LinkedIn)

Longer Term Trading Plans for NVT

• 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 NVT slightly under 69.66, target n/a, stop loss @ 69.86 Details

The technical summary data is suggesting a short of NVT as it gets near 69.66, 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 69.86. 69.66 is the first level of resistance above 67.45, and by rule, any test of resistance is a short signal. In this case, if resistance 69.66 is being tested, so a short signal would exist.

Swing Trading Plans for NVT

• Buy NVT slightly over 68.14, target 69.66, Stop Loss @ 67.94 Details

If 68.14 begins to break higher, the technical summary data tells us to buy NVT just slightly over 68.14, with an upside target of 69.66. The data also tells us to set a stop loss @ 67.94 in case the stock turns against the trade. 68.14 is the first level of resistance above 67.45, and by rule, any break above resistance is a buy signal. In this case, 68.14, 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 NVT slightly near 68.14, target 66.13, Stop Loss @ 68.34. Details

The technical summary data is suggesting a short of NVT if it tests 68.14 with a downside target of 66.13. We should have a stop loss in place at 68.34 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, 68.14, 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 NVT

• Buy NVT slightly over 68.14, target 69.66, Stop Loss @ 67.98 Details

If 68.14 begins to break higher, the technical summary data tells us to buy NVT just slightly over 68.14, with an upside target of 69.66. The data also tells us to set a stop loss @ 67.98 in case the stock turns against the trade. 68.14 is the first level of resistance above 67.45, and by rule, any break above resistance is a buy signal. In this case, 68.14, 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 NVT slightly near 68.14, target 67.32, Stop Loss @ 68.3. Details

The technical summary data is suggesting a short of NVT if it tests 68.14 with a downside target of 67.32. We should have a stop loss in place at 68.3 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, 68.14, 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 Nvent Electric Plc (NVT) available here: NVT.

NVT Ratings for August 26:

Term →	Near	Mid	Long
Rating	Neutral	Strong	Strong
P1	0	0	69.66
P2	66.12	66.13	78.95
P3	67.32	68.14	88.45

AI Generated Signals for NVT

Real Time Updates for Repeat Institutional Readers:

• Factset: Request User/Pass
• Bloomberg, Reuters, Refinitiv, Zacks, or IB users: Access Here.

Instructions:

• Click the Get Real Time Updates button below.

• In the login prompt, select forgot username

• Type the email you use for Factset

• Use the user/pass you receive to login

• You will have 24/7 access to real time updates.

From then on you can just click to get the real time update whenever you want.

GET REAL TIME UPDATES

Market Crash Leading Indicator

Our Market Crash Leading Indicator isEvitar Corte.

• Evitar Corte warned of market crash risk four times since 2000.

• It identified the Internet Debacle before it happened.

• It identified the Credit Crisis before it happened.

• It identified the Corona Crash too.

• See what Evitar Corte is Saying Now.

Get Notified When our Ratings Change:Take a Trial

This is not EF Hutton, but it could be more #powerful.  A picture speaks a thousand words, they say, and the #priceaction of Nvent Electric Plc (NYSE: NVT) 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 NVT 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.