(HVT) Trading Signals

July 22, 2024, 07:26 am ET, BY Jake B.- Contributor| Editor: Thomas H. Kee Jr. (Follow on LinkedIn)

Longer Term Trading Plans for HVT

• Buy HVT slightly over 24.93 target 29.19 stop loss @ 24.86 Details

The technical summary data tells us to buy HVT near 24.93 with an upside target of 29.19. This data also tells us to set a stop loss @ 24.86 to protect against excessive loss in case the stock begins to move against the trade. 24.93 is the first level of support below 26 , and by rule, any test of support is a buy signal. In this case, support 24.93 would be being tested, so a buy signal would exist.

• Short HVT slightly under 29.19, target 24.93, stop loss @ 29.27 Details

The technical summary data is suggesting a short of HVT as it gets near 29.19 with a downside target of 24.93. We should have a stop loss in place at 29.27though. 29.19 is the first level of resistance above 26, and by rule, any test of resistance is a short signal. In this case, if resistance 29.19 is being tested, so a short signal would exist.

Swing Trading Plans for HVT

• Buy HVT slightly over 26.22, target 27.7, Stop Loss @ 26.14 Details

If 26.22 begins to break higher, the technical summary data tells us to buy HVT just slightly over 26.22, with an upside target of 27.7. The data also tells us to set a stop loss @ 26.14 in case the stock turns against the trade. 26.22 is the first level of resistance above 26, and by rule, any break above resistance is a buy signal. In this case, 26.22, 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 HVT slightly near 26.22, target 24.93, Stop Loss @ 26.3. Details

The technical summary data is suggesting a short of HVT if it tests 26.22 with a downside target of 24.93. We should have a stop loss in place at 26.3 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, 26.22, 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 HVT

• Buy HVT slightly over 26.22, target 27.28, Stop Loss @ 26.16 Details

If 26.22 begins to break higher, the technical summary data tells us to buy HVT just slightly over 26.22, with an upside target of 27.28. The data also tells us to set a stop loss @ 26.16 in case the stock turns against the trade. 26.22 is the first level of resistance above 26, and by rule, any break above resistance is a buy signal. In this case, 26.22, 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 HVT slightly near 26.22, target 24.93, Stop Loss @ 26.28. Details

The technical summary data is suggesting a short of HVT if it tests 26.22 with a downside target of 24.93. We should have a stop loss in place at 26.28 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, 26.22, 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 Haverty Furniture Companies Inc. (HVT) available here: HVT.

HVT Ratings for July 22:

Term →	Near	Mid	Long
Rating	Strong	Strong	Neutral
P1	0	0	24.93
P2	26.11	26.22	29.19
P3	27.28	27.7	33.44

AI Generated Signals for HVT

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Trading Haverty Furniture Companies Inc. (NYSE: HVT) can be efficient and rewarding, especially in volatile markets, so long as the important pivot points for the stock are observed before making decisions to buy, sell, or short.

Warning:

This is a static report, the data below was valid at the time of the publication, but support and resistance levels for HVT change over time, so the report should be updated regularly.  Real Time updates are provided to subscribers.  Unlimited Real Time Reports.

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Instructions:

The rules that govern the data in this report are the rules of Technical Analysis.  For example, if HVT is testing support buy signals surface, and resistance is the target.  Conversely, if resistance is being tested, that is a sign to control risk or short, and support would be the downside target accordingly.  In each case, the trigger point is designed to be both an ideal place to enter a position (avoid trading in the middle of a trading channel), and it acts as a level of risk control too.

Swing Trades, Day Trades, and Longer term Trading Plans:

This data is refined to differentiate trading plans for Day Trading, Swing Trading, and Long Term Investing plans for HVT too.  All of these are offered below the Summary Table.