Learn to Evaluate (NPO) using the Charts

October 30, 2024, 04:52 am ET, BY Robert S.- Contributor| Editor: Thomas H. Kee Jr. (Follow on LinkedIn)

Longer Term Trading Plans for NPO

• Buy NPO near 145.63 target 159.26 stop loss @ 145.21 Details

The technical summary data tells us to buy NPO near 145.63 with an upside target of 159.26. This data also tells us to set a stop loss @ 145.21 to protect against excessive loss in case the stock begins to move against the trade. 145.63 is the first level of support below 149.29 , and by rule, any test of support is a buy signal. In this case, support 145.63 would be being tested, so a buy signal would exist.

• Short NPO slightly under 159.26, target 145.63, stop loss @ 159.72 Details

The technical summary data is suggesting a short of NPO as it gets near 159.26 with a downside target of 145.63. We should have a stop loss in place at 159.72though. 159.26 is the first level of resistance above 149.29, and by rule, any test of resistance is a short signal. In this case, if resistance 159.26 is being tested, so a short signal would exist.

Swing Trading Plans for NPO

• Buy NPO slightly over 159.26, target 174.18, Stop Loss @ 158.8 Details

If 159.26 begins to break higher, the technical summary data tells us to buy NPO just slightly over 159.26, with an upside target of 174.18. The data also tells us to set a stop loss @ 158.8 in case the stock turns against the trade. 159.26 is the first level of resistance above 149.29, and by rule, any break above resistance is a buy signal. In this case, 159.26, 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 NPO slightly near 159.26, target 148.34, Stop Loss @ 159.72. Details

The technical summary data is suggesting a short of NPO if it tests 159.26 with a downside target of 148.34. We should have a stop loss in place at 159.72 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, 159.26, 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 NPO

• Buy NPO slightly over 150.5, target 159.26, Stop Loss @ 150.15 Details

If 150.5 begins to break higher, the technical summary data tells us to buy NPO just slightly over 150.5, with an upside target of 159.26. The data also tells us to set a stop loss @ 150.15 in case the stock turns against the trade. 150.5 is the first level of resistance above 149.29, and by rule, any break above resistance is a buy signal. In this case, 150.5, 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 NPO slightly near 150.5, target 148.34, Stop Loss @ 150.85. Details

The technical summary data is suggesting a short of NPO if it tests 150.5 with a downside target of 148.34. We should have a stop loss in place at 150.85 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, 150.5, 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  Enpro Industries Inc (NPO) available here: NPO.

NPO Ratings for October 30:

Term →	Near	Mid	Long
Rating	Neutral	Weak	Strong
P1	0	0	145.63
P2	148.32	143.79	159.26
P3	150.5	148.34	174.18

AI Generated Signals for NPO

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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  Enpro Industries Inc (NYSE: NPO) report below can help you understand how to do this. The trading plans for NPO, 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.