Learn to Evaluate (LZB) using the Charts
November 09, 2024, 23:38 pm ET, BY Jeff W.- Contributor| Editor: Thomas H. Kee Jr. (Follow on LinkedIn)
Longer Term Trading Plans for LZB
- Buy LZB near 37.71 target 41.21 stop loss @ 37.6 Details
The technical summary data tells us to buy LZB near 37.71 with an upside target of 41.21. This data also tells us to set a stop loss @ 37.6 to protect against excessive loss in case the stock begins to move against the trade. 37.71 is the first level of support below 41.01 , and by rule, any test of support is a buy signal. In this case, support 37.71 would be being tested, so a buy signal would exist.
- Short LZB slightly under 41.21, target 37.71, stop loss @ 41.33 Details
The technical summary data is suggesting a short of LZB as it gets near 41.21 with a downside target of 37.71. We should have a stop loss in place at 41.33though. 41.21 is the first level of resistance above 41.01, and by rule, any test of resistance is a short signal. In this case, if resistance 41.21 is being tested, so a short signal would exist.
Swing Trading Plans for LZB
- Buy LZB slightly over 41.21, target 44.8, Stop Loss @ 41.09 Details
If 41.21 begins to break higher, the technical summary data tells us to buy LZB just slightly over 41.21, with an upside target of 44.8. The data also tells us to set a stop loss @ 41.09 in case the stock turns against the trade. 41.21 is the first level of resistance above 41.01, and by rule, any break above resistance is a buy signal. In this case, 41.21, 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 LZB slightly near 41.21, target 41.01, Stop Loss @ 41.33. Details
The technical summary data is suggesting a short of LZB if it tests 41.21 with a downside target of 41.01. We should have a stop loss in place at 41.33 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, 41.21, 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 LZB
- Buy LZB slightly over 41.21, target 42.14, Stop Loss @ 41.11 Details
If 41.21 begins to break higher, the technical summary data tells us to buy LZB just slightly over 41.21, with an upside target of 42.14. The data also tells us to set a stop loss @ 41.11 in case the stock turns against the trade. 41.21 is the first level of resistance above 41.01, and by rule, any break above resistance is a buy signal. In this case, 41.21, 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 LZB slightly near 41.21, target 39.07, Stop Loss @ 41.31. Details
The technical summary data is suggesting a short of LZB if it tests 41.21 with a downside target of 39.07. We should have a stop loss in place at 41.31 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, 41.21, 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 La-z-boy Incorporated (LZB) available here: LZB.
LZB Ratings for November 09:
| Term → | Near |
Mid |
Long |
|---|
| Rating |
Strong |
Neutral |
Strong |
| P1 |
0 |
0 |
37.71 |
| P2 |
41.15 |
39.07 |
41.21 |
| P3 |
42.14 |
41.01 |
44.8 |
AI Generated Signals for LZB
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 La-z-boy Incorporated (NYSE: LZB) report below can help you understand how to do this. The trading plans for LZB, 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 LZB:
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