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Dillards (DDS) Trading Report

This report was produced using AI developed by Stock Traders Daily.  Over the past 20 years this proprietary AI has been refined to help identify the most opportune trading strategies for both individual stocks and the stock markets themselves.  This methodology is also applied to Index options, ETFs, and futures.  The objective of this specific report is to optimize trading in Dillards (NYSE: DDS) while incorporating prudent risk controls.

Warning:

This is a static report, the data below was valid at the time of the publication, but support and resistance levels for DDS 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 DDS 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 DDS too.  All of these are offered below the Summary Table.

Longer Term Trading Plans for DDS
  • Buy DDS slightly over 303.88 target 363.57 stop loss @ 303 Details
  • The technical summary data tells us to buy DDS near 303.88 with an upside target of 363.57. This data also tells us to set a stop loss @ 303 to protect against excessive loss in case the stock begins to move against the trade. 303.88 is the first level of support below 318.15 , and by rule, any test of support is a buy signal. In this case, support 303.88 is being tested, a buy signal would exist.

  • Short DDS under 363.57, target 303.88, stop loss @ 364.62 Details
  • The technical summary data is suggesting a short of DDS as it gets near 363.57 with a downside target of 303.88. We should have a stop loss in place at 364.62though. 363.57 is the first level of resistance above 318.15, and by rule, any test of resistance is a short signal. In this case, if resistance 363.57 is being tested, a short signal would exist.

Swing Trading Plans for DDS
  • Buy DDS slightly over 337.35, target 363.57, Stop Loss @ 336.38 Details
  • If 337.35 begins to break higher, the technical summary data tells us to buy DDS just slightly over 337.35, with an upside target of 363.57. The data also tells us to set a stop loss @ 336.38 in case the stock turns against the trade. 337.35 is the first level of resistance above 318.15, and by rule, any break above resistance is a buy signal. In this case, 337.35, 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 DDS near 337.35, target 311.15, Stop Loss @ 338.32. Details
  • The technical summary data is suggesting a short of DDS if it tests 337.35 with a downside target of 311.15. We should have a stop loss in place at 338.32 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, 337.35, 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 DDS
  • Buy DDS slightly over 323.39, target 337.35, Stop Loss @ 322.64 Details
  • If 323.39 begins to break higher, the technical summary data tells us to buy DDS just slightly over 323.39, with an upside target of 337.35. The data also tells us to set a stop loss @ 322.64 in case the stock turns against the trade. 323.39 is the first level of resistance above 318.15, and by rule, any break above resistance is a buy signal. In this case, 323.39, 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 DDS near 323.39, target 311.15, Stop Loss @ 324.14. Details
  • The technical summary data is suggesting a short of DDS if it tests 323.39 with a downside target of 311.15. We should have a stop loss in place at 324.14 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, 323.39, 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.

DDS Ratings for May 16:

Term →Near Mid Long
Rating Strong Strong Strong
P1 0 0 255.02
P2 304.17 311.15 303.88
P3 323.39 337.35 363.57
Triggers may have already come
Support and Resistance Plot Chart for DDS

DDS Long Term Analysis for May 16 2022

Blue = Current Price
Red= Resistance
Green = Support

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