(NPO) Investment Analysis

December 22, 2024, 15:54 pm ET, BY Jesse F.- Contributor| Editor: Thomas H. Kee Jr. (Follow on LinkedIn)

Longer Term Trading Plans for NPO

• Buy NPO near 166.08 target 182.79 stop loss @ 165.6 Details

The technical summary data tells us to buy NPO near 166.08 with an upside target of 182.79. This data also tells us to set a stop loss @ 165.6 to protect against excessive loss in case the stock begins to move against the trade. 166.08 is the first level of support below 173.22 , and by rule, any test of support is a buy signal. In this case, support 166.08 is being tested, a buy signal would exist.

• Short NPO slightly under 182.79, target 166.08, stop loss @ 183.32 Details

The technical summary data is suggesting a short of NPO as it gets near 182.79 with a downside target of 166.08. We should have a stop loss in place at 183.32though. 182.79 is the first level of resistance above 173.22, and by rule, any test of resistance is a short signal. In this case, if resistance 182.79 is being tested, a short signal would exist.

Swing Trading Plans for NPO

• Buy NPO slightly over 175.47, target 182.79, Stop Loss @ 174.96 Details

If 175.47 begins to break higher, the technical summary data tells us to buy NPO just slightly over 175.47, with an upside target of 182.79. The data also tells us to set a stop loss @ 174.96 in case the stock turns against the trade. 175.47 is the first level of resistance above 173.22, and by rule, any break above resistance is a buy signal. In this case, 175.47, 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 175.47, target 166.08, Stop Loss @ 175.98. Details

The technical summary data is suggesting a short of NPO if it tests 175.47 with a downside target of 166.08. We should have a stop loss in place at 175.98 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, 175.47, 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 175.47, target 175.92, Stop Loss @ 175.06 Details

If 175.47 begins to break higher, the technical summary data tells us to buy NPO just slightly over 175.47, with an upside target of 175.92. The data also tells us to set a stop loss @ 175.06 in case the stock turns against the trade. 175.47 is the first level of resistance above 173.22, and by rule, any break above resistance is a buy signal. In this case, 175.47, 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 175.47, target 170.79, Stop Loss @ 175.88. Details

The technical summary data is suggesting a short of NPO if it tests 175.47 with a downside target of 170.79. We should have a stop loss in place at 175.88 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, 175.47, 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 December 22:

Term →	Near	Mid	Long
Rating	Weak	Weak	Neutral
P1	0	0	149.72
P2	170.79	175.47	166.08
P3	175.92	182.67	182.79

AI Generated Signals for NPO

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With an objective approach to Enpro Industries Inc (NYSE: NPO), Stock Traders Daily attempts to go with the flow of the market by utilizing a combination of market analysis and stock analysis.

Warning:

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