Learn to Evaluate (MDYG) using the Charts
October 01, 2024, 14:30 pm ET, BY Jesse F.- Contributor| Editor: Thomas H. Kee Jr. (Follow on LinkedIn)
Longer Term Trading Plans for MDYG
- Buy MDYG near 84.79 target 89.56 stop loss @ 84.55 Details
The technical summary data tells us to buy MDYG near 84.79 with an upside target of 89.56. This data also tells us to set a stop loss @ 84.55 to protect against excessive loss in case the stock begins to move against the trade. 84.79 is the first level of support below 87.41 , and by rule, any test of support is a buy signal. In this case, support 84.79 would be being tested, so a buy signal would exist.
- Short MDYG slightly under 89.56, target 84.79, stop loss @ 89.82 Details
The technical summary data is suggesting a short of MDYG as it gets near 89.56 with a downside target of 84.79. We should have a stop loss in place at 89.82though. 89.56 is the first level of resistance above 87.41, and by rule, any test of resistance is a short signal. In this case, if resistance 89.56 is being tested, so a short signal would exist.
Swing Trading Plans for MDYG
- Buy MDYG slightly over 87.64, target 88.95, Stop Loss @ 87.39 Details
If 87.64 begins to break higher, the technical summary data tells us to buy MDYG just slightly over 87.64, with an upside target of 88.95. The data also tells us to set a stop loss @ 87.39 in case the stock turns against the trade. 87.64 is the first level of resistance above 87.41, and by rule, any break above resistance is a buy signal. In this case, 87.64, 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 MDYG slightly near 87.64, target 84.79, Stop Loss @ 87.89. Details
The technical summary data is suggesting a short of MDYG if it tests 87.64 with a downside target of 84.79. We should have a stop loss in place at 87.89 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, 87.64, 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 MDYG
- Buy MDYG slightly over 87.64, target 87.88, Stop Loss @ 87.44 Details
If 87.64 begins to break higher, the technical summary data tells us to buy MDYG just slightly over 87.64, with an upside target of 87.88. The data also tells us to set a stop loss @ 87.44 in case the stock turns against the trade. 87.64 is the first level of resistance above 87.41, and by rule, any break above resistance is a buy signal. In this case, 87.64, 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 MDYG slightly near 87.64, target 87.23, Stop Loss @ 87.84. Details
The technical summary data is suggesting a short of MDYG if it tests 87.64 with a downside target of 87.23. We should have a stop loss in place at 87.84 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, 87.64, 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 Spdr S&p 400 Mid Cap Growth Etf (MDYG) available here: MDYG.
MDYG Ratings for October 01:
| Term → | Near |
Mid |
Long |
|---|
| Rating |
Neutral |
Strong |
Strong |
| P1 |
0 |
0 |
84.79 |
| P2 |
87.23 |
87.64 |
89.56 |
| P3 |
87.88 |
88.95 |
94.14 |
AI Generated Signals for MDYG
Blue = Current Price
Red= Resistance
Green = Support
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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 Spdr S&p 400 Mid Cap Growth Etf (NASDAQ: MDYG) report below can help you understand how to do this. The trading plans for MDYG, 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 MDYG:
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