Learn to Evaluate (NDSN) using the Charts
October 19, 2024, 07:58 am ET, BY Jeff W.- Contributor| Editor: Thomas H. Kee Jr. (Follow on LinkedIn)
Longer Term Trading Plans for NDSN
- Buy NDSN near 252.73 target 274.18 stop loss @ 252 Details
The technical summary data tells us to buy NDSN near 252.73 with an upside target of 274.18. This data also tells us to set a stop loss @ 252 to protect against excessive loss in case the stock begins to move against the trade. 252.73 is the first level of support below 257.17 , and by rule, any test of support is a buy signal. In this case, support 252.73 is being tested, a buy signal would exist.
- Short NDSN slightly under 274.18, target 252.73, stop loss @ 274.97 Details
The technical summary data is suggesting a short of NDSN as it gets near 274.18 with a downside target of 252.73. We should have a stop loss in place at 274.97though. 274.18 is the first level of resistance above 257.17, and by rule, any test of resistance is a short signal. In this case, if resistance 274.18 is being tested, a short signal would exist.
Swing Trading Plans for NDSN
- Buy NDSN slightly over 260.13, target 274.18, Stop Loss @ 259.38 Details
If 260.13 begins to break higher, the technical summary data tells us to buy NDSN just slightly over 260.13, with an upside target of 274.18. The data also tells us to set a stop loss @ 259.38 in case the stock turns against the trade. 260.13 is the first level of resistance above 257.17, and by rule, any break above resistance is a buy signal. In this case, 260.13, 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 NDSN slightly near 260.13, target 253.19, Stop Loss @ 260.88. Details
The technical summary data is suggesting a short of NDSN if it tests 260.13 with a downside target of 253.19. We should have a stop loss in place at 260.88 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, 260.13, 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 NDSN
- Buy NDSN slightly over 259.01, target 260.13, Stop Loss @ 258.41 Details
If 259.01 begins to break higher, the technical summary data tells us to buy NDSN just slightly over 259.01, with an upside target of 260.13. The data also tells us to set a stop loss @ 258.41 in case the stock turns against the trade. 259.01 is the first level of resistance above 257.17, and by rule, any break above resistance is a buy signal. In this case, 259.01, 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 NDSN slightly near 259.01, target 255.81, Stop Loss @ 259.61. Details
The technical summary data is suggesting a short of NDSN if it tests 259.01 with a downside target of 255.81. We should have a stop loss in place at 259.61 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, 259.01, 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 Nordson Corporation (NDSN) available here: NDSN.
NDSN Ratings for October 19:
| Term → | Near |
Mid |
Long |
|---|
| Rating |
Strong |
Neutral |
Neutral |
| P1 |
0 |
0 |
231.28 |
| P2 |
255.81 |
253.19 |
252.73 |
| P3 |
259.01 |
260.13 |
274.18 |
AI Generated Signals for NDSN
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 Nordson Corporation (NASDAQ: NDSN) report below can help you understand how to do this. The trading plans for NDSN, 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 NDSN:
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