Learn to Evaluate (NLR) using the Charts
November 14, 2024, 01:02 am ET, BY Robert S.- Contributor| Editor: Thomas H. Kee Jr. (Follow on LinkedIn)
Longer Term Trading Plans for NLR
- Buy NLR near 85.62 target 93.33 stop loss @ 85.37 Details
The technical summary data tells us to buy NLR near 85.62 with an upside target of 93.33. This data also tells us to set a stop loss @ 85.37 to protect against excessive loss in case the stock begins to move against the trade. 85.62 is the first level of support below 88.54 , and by rule, any test of support is a buy signal. In this case, support 85.62 is being tested, a buy signal would exist.
- Short NLR slightly under 93.33, target 85.62, stop loss @ 93.6 Details
The technical summary data is suggesting a short of NLR as it gets near 93.33 with a downside target of 85.62. We should have a stop loss in place at 93.6though. 93.33 is the first level of resistance above 88.54, and by rule, any test of resistance is a short signal. In this case, if resistance 93.33 is being tested, a short signal would exist.
Swing Trading Plans for NLR
- Buy NLR slightly over 90.46, target 93.33, Stop Loss @ 90.2 Details
If 90.46 begins to break higher, the technical summary data tells us to buy NLR just slightly over 90.46, with an upside target of 93.33. The data also tells us to set a stop loss @ 90.2 in case the stock turns against the trade. 90.46 is the first level of resistance above 88.54, and by rule, any break above resistance is a buy signal. In this case, 90.46, 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 NLR slightly near 90.46, target 86.18, Stop Loss @ 90.72. Details
The technical summary data is suggesting a short of NLR if it tests 90.46 with a downside target of 86.18. We should have a stop loss in place at 90.72 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, 90.46, 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 NLR
- Buy NLR slightly over 89.23, target 90.46, Stop Loss @ 89.02 Details
If 89.23 begins to break higher, the technical summary data tells us to buy NLR just slightly over 89.23, with an upside target of 90.46. The data also tells us to set a stop loss @ 89.02 in case the stock turns against the trade. 89.23 is the first level of resistance above 88.54, and by rule, any break above resistance is a buy signal. In this case, 89.23, 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 NLR slightly near 89.23, target 87.28, Stop Loss @ 89.44. Details
The technical summary data is suggesting a short of NLR if it tests 89.23 with a downside target of 87.28. We should have a stop loss in place at 89.44 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, 89.23, 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 Uranium Nuclear Energy Etf (NLR) available here: NLR.
NLR Ratings for November 14:
| Term → | Near |
Mid |
Long |
|---|
| Rating |
Neutral |
Weak |
Strong |
| P1 |
0 |
0 |
78.22 |
| P2 |
87.28 |
86.18 |
85.62 |
| P3 |
89.23 |
90.46 |
93.33 |
AI Generated Signals for NLR
Blue = Current Price
Red= Resistance
Green = Support
Real Time Updates for Repeat Institutional Readers:
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
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
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 Vaneck Uranium Nuclear Energy Etf (NYSE: NLR) report below can help you understand how to do this. The trading plans for NLR, 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.
Fundamental Charts for NLR:
pool ads
