When the Price of (PSCI) Talks, People Listen
December 16, 2024, 14:42 pm ET, BY Robert S.- Contributor| Editor: Thomas H. Kee Jr. (Follow on LinkedIn)
Longer Term Trading Plans for PSCI
- Buy PSCI near 137.86 target 145.52 stop loss @ 137.46 Details
The technical summary data tells us to buy PSCI near 137.86 with an upside target of 145.52. This data also tells us to set a stop loss @ 137.46 to protect against excessive loss in case the stock begins to move against the trade. 137.86 is the first level of support below 143.47 , and by rule, any test of support is a buy signal. In this case, support 137.86 is being tested, a buy signal would exist.
- Short PSCI slightly under 145.52, target 137.86, stop loss @ 145.94 Details
The technical summary data is suggesting a short of PSCI as it gets near 145.52 with a downside target of 137.86. We should have a stop loss in place at 145.94though. 145.52 is the first level of resistance above 143.47, and by rule, any test of resistance is a short signal. In this case, if resistance 145.52 is being tested, a short signal would exist.
Swing Trading Plans for PSCI
- Buy PSCI slightly over 145.02, target 145.52, Stop Loss @ 144.6 Details
If 145.02 begins to break higher, the technical summary data tells us to buy PSCI just slightly over 145.02, with an upside target of 145.52. The data also tells us to set a stop loss @ 144.6 in case the stock turns against the trade. 145.02 is the first level of resistance above 143.47, and by rule, any break above resistance is a buy signal. In this case, 145.02, 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 PSCI slightly near 145.02, target 143.21, Stop Loss @ 145.44. Details
The technical summary data is suggesting a short of PSCI if it tests 145.02 with a downside target of 143.21. We should have a stop loss in place at 145.44 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, 145.02, 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 PSCI
- Buy PSCI slightly over 144.68, target 145.02, Stop Loss @ 144.34 Details
If 144.68 begins to break higher, the technical summary data tells us to buy PSCI just slightly over 144.68, with an upside target of 145.02. The data also tells us to set a stop loss @ 144.34 in case the stock turns against the trade. 144.68 is the first level of resistance above 143.47, and by rule, any break above resistance is a buy signal. In this case, 144.68, 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 PSCI slightly near 144.68, target 143.21, Stop Loss @ 145.02. Details
The technical summary data is suggesting a short of PSCI if it tests 144.68 with a downside target of 143.21. We should have a stop loss in place at 145.02 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, 144.68, 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 Powershares S&p Smallcap Industrials Portfolio (PSCI) available here: PSCI.
PSCI Ratings for December 16:
Term → | Near |
Mid |
Long |
Rating |
Neutral |
Neutral |
Strong |
P1 |
0 |
0 |
130.23 |
P2 |
143.03 |
143.21 |
137.86 |
P3 |
144.68 |
145.02 |
145.52 |
AI Generated Signals for PSCI
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
This is not EF Hutton, but it could be more #powerful. A picture speaks a thousand words, they say, and the #priceaction of Powershares S&p Smallcap Industrials Portfolio (NASDAQ: PSCI) 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 PSCI 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.
Fundamental Charts for PSCI: